Airwallex has secured a further US$6 million ($8.73 million) in follow-on Series A funding from local VC firm Square Peg Capital.
Tempus Partners has announced the establishment of ‘Tempus Fund 2’, a $40 million fund with which it will look to invest in local B2B and scalable startups.
Brighte has announced the close of a $4 million Series A round led by Grok Ventures, with the funds to be used to further build out the Brighte platform.
Hyper Anna has raised $16 million in a Series A round led by Sequoia China, with participation from existing backers Airtree Ventures and Reinventure.
Sydney email marketing platform Vero has raised $4 million in a Series A round from Square Peg Capital, its first funding boost since its launch in 2012.
Gilmour Space Technologies has raised $5 million in a Series A funding round to continue the development of their low-cost rocket technology.
Practice Ignition has announced the close of a $5 million Series A round, with the funds to help fuel the startup’s international growth.
Blockchain startup R3 has announced the close of a US$107 (AU$143) million Series A round, marking the largest raise for a blockchain startup to date.
Shippit has closed a $2.2 million Series A funding round led by Aura Group, with the company looking to leverage the investor’s expertise and networks in the Asia Pacific region.
Airwallex has announced that it has closed a US$13 million Series A round to help fuel the release of new API and expand internationally.
Andrew Rothwell, cofounder of Tyro Payments as he gears up to join Data Republic at its Chief Operating Officer in late May.
Bluethumb has raised $1 million in a Series A round led which will go towards expanding the startup’s Indigenous Art Centre program and adding new features.
Telstra announced at the continuation of its partnership with Ericsson, with the two companies working to launch a Cat-M1 IoT network throughout Australia.
A few months after announcing its intention to raise $5 million in fresh funding, social media influencer startup Tribe has officially closed its Series A, raising $5.35 million in a round led by Exto Partners.
Fashiontech startup Mon Purse, which allows customers to design their own handbags, has raised $3.1 million in a Series A round.