Annie Flamsteed
Funding

Athlete mental health startup championed by Grand Slam winning tennis coach Darren Cahill bags $2.5 million seed round

- January 10, 2022 2 MIN READ

A female-founded wellness management platform for youth athletes has closed a $2.5 million seed round as it looks to help athletes with their mental health. Brisbane-based iNSPIRETEK was founded by former competitive gymnast Annie Flamsteed to provide athletes with mental health support and the tools they need when they need them most. The round was led by… Read more »

Funding

Kiwi agritech Croptide plants $1 million pre-seed round to tackle water scarcity

- December 17, 2021 2 MIN READ

New Zealand agritech startup Croptide, which transmits plant water health to a farmer’s phone in seconds, has raised $1 million in pre-seed funding. The round led by Icehouse Ventures with support from Sir Stephen Tindall’s K1W1 and Masfen Group. Croptide uses internet-enabled sensors to provide timely water measurement data to fruit and wine grape growers.… Read more »

Bruce Buchanan Rokt
Funding

Rokt just smashed Australian VC funding records with a $458 million in a Series E led by Tiger Global

- December 17, 2021 2 MIN READ

Ecommerce tech platform Rokt has raised the bar on venture capital backing for Australian startups after raising A$458 million in a Series E. It’s the biggest single venture raise in Australian history and values the business at $2.75 billion. That more that doubles the company’s valuation from A$1.36 billion in June following a secondary share… Read more »

Matt Dunn
Funding

Twiggy Forrest backs Olympian’s plant proteins venture

- December 16, 2021 2 MIN READ

Western Australian billionaire and environmental campaigner Andrew Forrest has backed Sydney plant-based proteins company ProForm Foods as it looks to to target international markets. The strategic minority stake – its value was not disclosed but it’s believed to be around $5 million – came through Forrest’s family company Tattarang’s agri-food venture Harvest Road. ProForm Foods is… Read more »

Funding

Workplace strategy execution startup Empiraa raises $637,000 seed round with a strategy that avoids VC

- December 13, 2021 2 MIN READ

A management strategy startup its founder says will help executives “fight fires before they happen” has raised $637,000 in a seed round several months before it launches. Empiraa was founded by Ash Brown after he worked as a senior manager in three businesses and realised that the teams never had an effective platform to manage… Read more »

Daniel Kniaz, Russell Martin
Funding

Small business expenses startup DiviPay banks $20 million Series A for offshore ambitions

- December 13, 2021 2 MIN READ

Sydney startup DiviPay has raised $20 million in a Series A as it looks to expand internationally. The company did not disclose who led the round, saying only that it was a “global fintech-focused growth equity investor”. Other backers in this round include Global Founders Capital, Rapyd’s new VC arm, Rapyd Ventures, Raffael Johnen from… Read more »

Funding

Kiwi retailing crime intelligence startup Auror raises NZ$30 million

- December 9, 2021 2 MIN READ

New Zealand crime intelligence software startup Auror has raised NZ$30 million (A$28.5m). The round was led by Movac, New Zealand’s largest VC firm, with support from GD1, Silicon Valley-based Shasta Ventures, and Sydney-based Folklore Ventures in a mix of primary capital and secondary transactions. Movac partner Lovina McMurchy will join Auror’s board. The company plans… Read more »

Fred Schebesta
Funding

Comparison site Finder valued at $680 million after taking on $30 million in its first raise

- December 9, 2021 2 MIN READ

Comparison site Finder has raised $30 million in the first raise in its 15-year history as it pivots to fintech business with a focus on digital assets. A single investor, Microsoft-backed Sydney fund Future Now Capital, wrote the cheque for an equity stake in the Sydney-headquartered company, on a $650 million pre-money valuation. Finder plans… Read more »