A Brisbane startup focused on fleet energy management and AC charging for electric vehicles (EVs) has raised $5 million in a Series A from existing investors. EVOS was cofounded by three former employees of the Nasdaq-listed Queensland fast charging company Tritium. It previously raised $1.7 million in a Seed round two years ago and since… Read more »
Proptech Inspace has raised $6 million in a Series A for its virtual inspection software platform for commercial property promotions. The round was co-led by Facebook cofounder Eduardo Saverin’s B Capital and local VC Our Innovation Fund (OIF), an existing investor, with Investible also once again chipping in. Inspace previously raised$ 4 million in a… Read more »
A deep tech startup cofounded by three globally recognised atomic physicists at Australian National University has raised $12 million to develop miniaturised quantum sensors for mining, underground resources and navigation. The round was led by existing investor Blackbird with support from Right Click Capital. A previous Seed round raised $2 million, with ANU also on… Read more »
South Australian customer retention fintech Sherlok has raised $3.4 million to help mortgage brokers get better home loan deals for their clients. The round was led by VC Rampersand, with participation from Investible and its Club Investible syndicate, supported by Paloma and Common Sense Ventures. A pioneering use case of open banking from the three-year-old… Read more »
A Kiwi B2B marketplace for the hospitality and food service industry developed by a cofounder Xero has crossed the ditch to Australia after raising NZ$6 million (A$5.5m). Upstock is the brainchild of Duncan Ritchie and Philip Fierlinger, who was part of the 2006 founding team of ASX-listed accounting platform Xero. The raise was backed by Icehouse… Read more »
There’s plenty of doom and gloom about the availability of capital at the moment. Right across the tech landscape from seed-round startups to listed tech companies, founders are feeling the brunt of a dramatic shift in sentiment thanks to the high-interest rate environment. But while much of the commentary seems to label this as an… Read more »
Cybersecurity startup Nullify, which uses artificial intelligence (AI) to help software developers and security teams detect and fix potential vulnerabilities in code as it’s being written, has raised $1.1 million in a pre-Seed round led by OIF Ventures. Former XM Cyber founding team Adi Ashkenazy and Zini Shahar, now running the security advisory firm Skylight… Read more »
New Zealand carbon footprint management fintech Cogo, which works with banks to help their customers measure and reduce their carbon impact, has raised NZ$1 million (A$910k) from existing impact investor Soul Capital. Soul’s NZ$20 million ‘Te Pae ki te Rangi’ Fund is focused on helping Kiwi startups with their global expansion. Cogo currently operates in… Read more »
Melbourne fantasy sports startup One Future Football (1FF) has raised $3 million in a pre-Seed round to launch a global soccer league of 12 virtual teams, including one from Sydney’s Bondi. The raise was led by Blackbird Ventures with international footballers Chris Smalling, Patrice Evra and Jesse Lingard, as well as UFC fighter Kamaru Usman… Read more »
Brisbane online prescription startup Midnight Health has raised $15 million in a Series B with ASX-listed insurer nib stumping up the cash for a third time 19 months to own more than three-quarters of the business. nib’s investment comes as regulators crack down on the sector, forcing medtech companies to shift from online applications for… Read more »
Green hydrogen startup HydGene Renewables, has raised $6 million to reduce the reliance on fossil fuels to produce the energy source. The round into the Macquarie University synthetic biology spinout was led by the Clean Energy Finance Corporation’s Clean Energy Innovation Fund, which chipped in $2 million, and specialist UK investor Agronomics. HydGene’s technology is… Read more »
A wild idea to create an “internet of energy”, transmitting power from space using light beams has landed $3 million in Seed funding Aquila Earth is a renewable energy startup looking to create the world’s first global, wireless energy network. The round was led by Blackbird Ventures alongside Possible Ventures, Icehouse Ventures and Startmate. Aquila… Read more »
A vowel-challenged sales training startup for the TikTok generation has raised $4.6 million in a Seed round. The round for Melbourne platform frntlne was led by Matt Berriman’s RealVC with support from Investible, Hoperidge Capital, and Navitas founder Rod Jones. Frntlne creates TikTok-style product education videos for customer-facing staff in retail, hospitality and pharmacy with… Read more »
Battery materials startup Sicona Battery Technologies has raised AU$22 million in a Series A for its plans in Australia and the US. The round was led by India’s Himadri Speciality Chemical Ltd, Australian VC Artesian, and Electrification & Decarbonization AIE LP, a fund managed by Waratah Capital, alongside backers including Riverstone Ventures, Chaos Ventures, Investible Climate… Read more »
Sydney broadband network analytics firm Canopus Networks, which helps telecommunications providers deliver low-latency lag-free gaming, has raised an additional US$3 million (AU$4.5M) in its Series A to take the total value of the round to US$10.6 million (A$15.7m). The latest round was led by US VC Konvoy Ventures, a gaming industry focused investor. Managing Partner… Read more »
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
Here are the finalists in Fintech Australia’s 2024 Finnies awards 
Atlassian cofounder Scott Farquhar steps down as co-CEO 
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
Daily startup news and insights, delivered to your inbox.
