Prep, Sean Miller and Mathieu Jamet
Funding

B2B food distribution marketplace Prep serves up $200,000 pre-Seed round

- April 18, 2024 2 MIN READ

Food distribution startup Prep has raised $200,000 from Melbourne VC Skalata to connect major food retailers, corporates and restaurants with emerging food brands. Prep enables food producers and brands to efficiently scale B2B distribution – anywhere – for a low margin. The platform integrates with a producer’s existing ordering systems, and is five times more… Read more »

Adelaide
Accelerator

_SOUTHSTART teamed up with the Adelaide Economic Development Agency to launch an accelerator for the SA capital’s startups

- April 18, 2024 < 1 MIN READ

One of Australia’s most-loved startup festivals _SOUTHSTART has forged a strategic partnership with the Adelaide Economic Development Agency to launch a new accelerator program. MASTERM!ND is a 5-month accelerator for up to 10 startups based in the South Australian capital. _SOUTHSTART co-director Danielle Seymour said the accelerator builds on the organisation’s commitment to catalysing innovation and… Read more »

Funding

Agricultural waste conversation startup Bygen banks $2.6 million Series A

- April 16, 2024 2 MIN READ

A startup turning agricultural waste into activated carbon, which is used to filter environmental toxins, has raised $2.6 million in a Series A. Government-backed investment fund Breakthrough Victoria chipped in $1 million, joined by VCs Alberts Impact Ventures, Investible, Artesian and Startmate. The funds will support the testing and establishment of Bygen’s large-scale production plant,… Read more »

Funding

NDIS self-managed healthcare startup PlanCare pockets $2.5 million from Perth’s new VC

- April 16, 2024 2 MIN READ

Western Australian self-manage care platform PlanCare has topped up its Seed round to $2.5 million from existing backer Purpose Ventures. The new Perth VC originally backed PlanCare in July 2023, and the additional funding is the first follow-on investment from Purpose. PlanCare founder Dave Newman previously ran Morning Startup for more than a decade and… Read more »

Rehan D'Almedia
Politics

FinTech Australia calls for capital raising and trade support ahead of federal budget

- April 15, 2024 2 MIN READ

FinTech Australia is calling on the Federal government to address the challenging capital raising environment for startups and renew its support for Austrade’s effort to promote our local sector abroad. In its pre-budget submission tabled ahead of federal treasurer Jim Chalmers announcing his 2024 Budget on May 14, FinTech Australia CEO Rehan D’Almeida said the… Read more »

Black Swan, Perth
Accelerator

Western Australia is getting a government-back nature and biodiversity accelerator thanks to Founders Factory

- April 11, 2024 2 MIN READ

Startups in Western Australia looking to address biodiversity and the environment will get a helping hand thanks to a $7.2 million grant from the state government. The global tech investor and accelerator Founders Factory is setting up shop in Perth, as its first Australian base, with the funding. The WA government’s investment of $2.4 million… Read more »

StartSomeGood cofounder Tom Dawkins
Business

More gooder: social enterprise platform StartSomeGood acquired by EnergyLab cofounder Piers Grove

- April 11, 2024 2 MIN READ

StartSomeGood, the pioneering platform helping social entrepreneurs succeed, has been acquired by social innovation business General Good, founded by media entrepreneur Piers Grove. StartSomeGood CEO and cofounder Tom Dawkins said the strategic move will continue the commitment he started 13 years ago to building a social entrepreneurship movement, partnering with circular economy accelerator Boomerang Labs under… Read more »

Honey Insurance, Richard Joffee
Funding

Insurtech startup banks $108 million Series A

- April 8, 2024 < 1 MIN READ

Three-year-old insurtech startup Honey Insurance has raised $108 million in a Series A that’s lured in US investors Founded by entrepreneur Richard Joffe, cofounder of US-based Park Assist and Stella.ai, Honey launched in 2021. It raised a record $15.5 million in a Seed round led by underwriting partner RACQ and other institutional investors, including AGL,… Read more »

Starboard Maritime
Funding

Kiwi sea crimes startup Starboard Maritime Intelligence floats $4.6 million seed funding round

- April 4, 2024 2 MIN READ

A New Zealand data analytics startup using machine learning to detect suspicious activity by vessels at sea has raised a NZ$5 million (A$4.6m) in a Seed round. The round for Starboard Maritime Intelligence was led by Kiwi VC Altered Capital, supported by Icehouse Ventures, Invest South, Soul Capital, and Whakatupu Aotearoa Foundation, as well as marine-focused… Read more »

Antler Australia

Antler Investor Memo Series: Unseen makes data intelligence easy to access and use, starting with real estate

- April 4, 2024 4 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »