Kiwi startup Junofem, which has build a tech-enabled medical device to help women improve their pelvic floor health has raised NZ$1 million in seed funding amid ambitions to launch globally. The raise was led by local VC Global from Day One (GD1), which recently raised NZ$130 for its Fund 3. The business has previously been… Read more »
Consumer data right (CDR) startup Adatree, which is powering fintechs in open banking, has built a real-time capability alert system to warn people if they’ve just bought something at a Covid-19 exposure site. As NSW opens up once again, with Victoria to follow within weeks, and politicians saying we must “leave to live” with the… Read more »
The CEO of Rocket Lab, Peter Beck, has doubled down on his investment in a New Zealand data startup tackling the vehicle parts industry in a NZ$3.7 million pre-series A raise. The round into Partly values the business at NZ$46 million. It was led by existing investor Blackbird Ventures, with Beck, also an existing backer,… Read more »
Telstra has backed a remote monitoring technology startup in a $2.7 million raise. The telco chipped in $1 million with Macdoch Ventures, Follow the Seed and three Farmbot Monitoring Solutions customers also funding the round. Farmbot is already looking towards a series B round in early 2022. The company is looking to expand into the US… Read more »
Anti-fraud startup FrankieOne has raised $20 million in a series A as the regtech venture eyes international expansion. The round was led by AirTree Ventures and Greycroft, with 20VC, Westpac’s Reinventure, Tidal Ventures, APEX Capital Partners, and Mantis VC, Robinhood CEO Vlad Tenev and Monzo founder Tom Blomfield also participating. FrankieOne is financial systems aggregator… Read more »
Reejig, the workforce intelligence platform that uses audited ethical AI to allow enterprise businesses to make smart and informed decisions around talent, has raised $6 million in a series A. The round was led by Kim Jackson’s Skip Capital, with participation from Airtree Ventures; Culture Amp’s Didier Elzinga and his opera singer wife, Greta Bradman;… Read more »
Spark Festival – Australia’s biggest event for founders, business owners and anyone looking to hustle their way out of COVID and into 2022 is starting this Wednesday, so we asked Spark Festival director Maxine Sherrin to pick out 5 things worth putting in the diary for the week ahead. The full program is massive so… Read more »
New Zealand cyber security education company SafeStack Academy has raised a NZ$2.3 million seed round. The raise was led by Sydney VC Jelix Ventures alongside trans-Tasman investors including Carthona Capital, the wittily named NZ VC K1W1 and the country’s growth capital fund, NZGCP. The cash injection will seek to to capitalise on the startup’s early traction,… Read more »
RedEarth Energy Storage has raised $12 million pre-IPO round as it looks to list on the ASX in 2022. The round led by Ord Minnett Private Opportunities joined by Perennial Value and Alex Waislitz’s Thorney Investment Group. The Queensland venture plans to use the funds to accelerate its local manufacturing, sales, and marketing efforts, as… Read more »
Queensland tech startup GreaseBoss, which keeps the wheels of industrial machinery spinning, has raised $2.5 million in a seed round. The Sunshine Coast business now counts San Francisco 49ers footballer “Joe Cool” Montana among its investors in the round led by Michael Dempsey from Pipeline Capital, with PioneerVC and Cathexis. GreaseBoss received initial funding from… Read more »
Enterprise compliance startup EncompaaS has raised $14 million as it looks to go global The raise for the corporate governance SaaS provider was led by CVC Emerging Companies, Future Now Capital, and private investment company Marshall Investments. EncompaaS CEO Jesse Todd said the funds will be used to further develop and take its suite of… Read more »
Climate-focused fintech Bloom Impact Investing has raised $675,000 in a pre-seed round ahead of the launch of its impact investing app. The round was led by climate tech startup accelerator and innovation network, EnergyLab with Envato co-founders Cyan and Collis Ta’eed also among the angel investors with ACAC Innovation, Palm Beach Ventures, and NOAB Ventures.… Read more »
Artificial intelligence (AI)-driven startup Hyper Anna has been acquired by NYSE-listed California analytics automation firm Alteryx. The terms of the acquisition were not disclosed. Alteryx (NYSE: AYX) has a market cap of more than A$6.9 billion. Founded in Sydney in 2015 by Natalie Nguyen and Sam Zheng, the data science startup delivers business insights to… Read more »
Employee experience platform Culture Amp has acquired San Francisco cultural values recognition startup Disco. The terms of the deal were not disclosed. Disco helps companies recognise and celebrate values-driven work, foster team appreciation and improve company culture across distributed teams. Founded in 2015, the venture is an app in Slack and Microsoft Teams. Culture Amp… Read more »
Canva has become the first Australian company to sign tech giant Amazon’s The Climate Pledge to reach net-zero carbon by 2040 and meet The Paris Agreement a decade ahead of schedule. The Australian tech powerhouse, which has a strong philanthropic, environmental and social focus, including its 30-something co-founders giving away the fortune they’ve built, Cameron Adams, co-founder… Read more »
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