Quoc Nguyen, Michael Tutek, Luke Milkovic
Funding

Afterpay-backed Touch Ventures leads $5.5 million series A in retail experience platform preezie

- November 24, 2021 2 MIN READ

Online shopping experience platform preezie has raised $5.5 million in a Series A. The round was led by ASX-listed, Afterpay-backed Touch Ventures and Steve Baxter’s investment syndicate, TEN13. Preezie will allocate the cash to team and product growth as well as international expansion. The company previously raised $575,000 in a seed round 18 months ago.… Read more »

Funding

Chillax accommodation booking site Riparide gets away with $4 million raise

- November 24, 2021 2 MIN READ

Melbourne-based accomodation booking platform Riparide has raised $4 million as it looks to expand offshore. The round was backed by investment groups Macdoch Ventures and Upswell Ventures. The site sets its set itself apart from numerous other booking platforms such as Stayz and Airbnb by offering “soul-fulfilling escapes”, recounted through travel stories on the site.… Read more »

Airwallex
Funding

Airwallex valuation more than doubles in 8 months to $7.6 billion after $137 million top up round

- November 18, 2021 < 1 MIN READ

Melbourne fintech Airwallex has tapped investors for another US$100 million (A$137m) just two months after raising US$200 million (A$275m). The capital-ravenous business has now raised US$400 million in just eight months, and as eager investors pile in, each round – the latest tagged “Series E1” following September’s Series E – has seen the company’s valuations… Read more »

Funding

Non-alcoholic spirits startup Lyre’s hits $500 million valuation on $37 million raise

- November 17, 2021 2 MIN READ

Fast-growing non-alcoholic spirits brand Lyre’s, has raised $37 million in a round that values the business at A$500 million less than three years after it launched. The funding round was led by new investor, D Squared Capital, alongside existing investor, Morgan Creek Capital Management, which has also backedAlibaba, SpaceX, Lyft, and Allbirds). Other previous investors joining the fresh… Read more »

Funding

Atlassian co-founders back e-bike startup Zoomo in $80 million series B

- November 15, 2021 2 MIN READ

Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar have backed electric delivery bike startup Zoomo in an A$80 million series B. The round was led by Grok Ventures, Cannon-Brookes’ family VC, supported by Farquhar’s private VC, Skip Capital and ArcTern Ventures. Existing investors, AirTree Ventures, the Clean Energy Finance Corporation (CEFC), Contrarian Ventures and Maniv Mobility also participated in the round.… Read more »

advice, business
Funding

Fintech Asendium raises $1.1 million to make life easier for financial planners

- November 12, 2021 2 MIN READ

Financial advice startup Asendium has raised more than $1.1 million. The round was backed by a mix of institutional investors, including Holon Global Investments, plus several aligned and independent financial advisers, and private investors. The funds are earmarked for developing the fintech’s technical capability, product development, and integrations. Asendium is looking to transform the way… Read more »

Funding

Tiger Global backs construction tech startup Assignar in $22 million raise

- November 9, 2021 2 MIN READ

Cloud-based construction operations platform Assignar has raised US$16.5 million (A$22.3m) secondary financing round. US VC giant Tiger Global led the round with local secondaries fund SecondQuarter Ventures joining in along with existing backers Fifth Wall, and Boston-based HighSage Ventures. Previous investors include Tola Capital and Our Innovation Fund. Assignar has now raised more than US$30 million since… Read more »

Funding

Brisbane music tech startup Splash, which created a smash hit game in Roblox, scores backing from Amazon’s Alexa fund in $27 million series A

- November 3, 2021 3 MIN READ

Splash, a Brisbane music technology startup that created a music-making game in Roblox, has raised $27 million in a Series A funding. The round was co-led by Amazon’s Alexa Fund and BITKRAFT Ventures with participation from Australian venture investor King River Capital and Khosla Ventures. In Splash, players earn fame by performing to live audiences… Read more »