Funding

A reusable packaging startup raised $2m in seeding fund with Kim Jackson’s Skip Capital backing it

- November 2, 2020 2 MIN READ

A household products company hoping to reduce the plastic waste by reusing containers for everyday products such as shampoo, liquid soaps and laundry wash has raised $2 million in seed funding, led by Skip Capital, the family VC run by Kim Jackson, wife of Atlassian co-founder Scott Farquhar. Zero Co has already attracted a series… Read more »

SafetyCulture
Funding

SafetyCulture just raised another $49 million so staff and investors can cash in on the unicorn’s growth

- October 27, 2020 < 1 MIN READ

Workplace checklist app developer SafetyCulture has raised another $48.6 million just since six months after a $60.5 million round as early investors and staff cash in on the increasing worth of the company, now valued at more than $1.3 billion. Less than a third of the funds, $14 million, were invested as equity. Blackbird Ventures… Read more »

Funding

Social media enabler Linktree takes on its first funding with a $15m series A

- October 27, 2020 < 1 MIN READ

Melbourne-based social media venture Linktree has ended four years of bootstrapping, taking on $15 million (US$10.7m) in a series A round to expand globally. Linktree is a free tool to optimise internet presence for a celebrity, company or blogger, curating content across social media sites such as Instagram, Facebook, YouTube and Twitch, sending viewers to other… Read more »

Funding

Fake meat venture V2food raises $77 million in series B from foreign investors for Asia expansion

- October 20, 2020 < 1 MIN READ

V2food, the fake meat joint venture between Hungry Jacks billionaire Jack Cowin and the CSIRO, has raised $77 million (US$55 million) in a series B round involving several Asian investors including Singapore’s state-owned Temasek Holdings as it looks to push into region with its plant-based burger mince. Investment companies ABC World Asia, Altitude Partners and… Read more »

Scott Morris
Funding

Scale ups now have access to new equity capital through the government’s $540 million Business Growth Fund

- October 16, 2020 2 MIN READ

The Morrison government and Big Four banks have committed $100 million each to the fund It will invest in around 30-50 high growth SMEs annually in return for a 10-40% equity stake The Business Growth Fund will have an independent management team selecting investments The fund will grow to $1 billion.  The nation’s biggest banks… Read more »

Funding

Techboard names Australia’s top angel investors

- October 15, 2020 3 MIN READ

  Perth-based angel investor Greg Riebe has been named the Angel of the year for his contribution to and impact on angel investment in the startup community in the annual Techboard 2020 Australian Angel Investment Awards. Despite fears that it would be a lean year for angel investment, Techboard found that total funds deployed by… Read more »

Pathzero Team
Funding

Former Westpac boss Brian Hartzer and climate campaigner Simon Sheikh back carbon neutral startup Pathzero

- October 13, 2020 2 MIN READ

Sydney software startup Pathzero, which launched in the middle of the Covid-19 lockdowns through the Antler Australia program, has raised $1 million in a seed round.  Antler, Black Nova Group and senior business figures including former bank boss Brian Hartzer, climate campaigner, Simon Sheikh, and former Australian Ethical Investment CEO Phil Vernon, as well as two… Read more »

Funding

Techboard’s annual funding report finds Australian startup investment bucked the global downward trend

- October 2, 2020 3 MIN READ

FY20 startup funding nearly $7 billion Private investment almost doubled to $4.48bn Blackbird led Australian VC investors with 14 deals worth $490m More than 700 Australian startups have received nearly 900 rounds of funding from around 400 investors during the 2020 financial year according to the latest annual funding report by data analysis company Techboard.… Read more »

Funding

The government wants feedback on the R&D Tax Incentive – and you have just 10 days left to give it

- October 2, 2020 < 1 MIN READ

The Research and Development Tax Incentive (R&DTI) program is one of the most crucial yet fraught programs supporting the growth of Australian startups. The R&DTI helps offset some of the costs that businesses invest into eligible R&D and the Department of Industry, Science, Energy and Resources is looking at reforms to improve how companies engage… Read more »

Funding

SalesPreso rebrands as LivePreso following $5 million raise

- September 30, 2020 < 1 MIN READ

Presentation platform SalesPreso has raised $5 million, and has also rebranded as LivePreso as it ramps up its offering for business. Shearwater Growth Ventures, the $50 million Sydney VC fund co-founded by former WiseTech directors Charles Gibbon and Mike Gregg, with managing partner Zac Zavos, led the round. Melbourne investor and MedAdvisor chair Chris Ridd… Read more »

Airwallex
Funding

Atlassian co-founder Scott Farquhar’s family fund joins $57 million Airwallex raise

- September 29, 2020 < 1 MIN READ

  Airwallex has topped up its US$160 million (AU$254m) series D raise from April with an extra US$40 million ($57m) with Skip Capital, the family investment fund run by Kim Jackson with her husband, Atlassian co-founder Scott Farquhar. Regular backer Square Peg Capital also returned for the latest cash injection, which continues to value the… Read more »

Funding

Non-alcoholic spirits brand Lyre’s raises $16 million in seed round

- September 25, 2020 2 MIN READ

Sydney-based non-alcoholic spirits company, Lyre’s Non-Alcoholic Spirit Co. has $16 million in seed round funding 18 months after launching as the startup’s growth continues to grow exponentially worldwide. The backers include VRD Investment, Doehler Ventures, DLF Venture and Maropost Ventures, with family funds in Europe, America and Australia tipping in. Lyre’s CEO and co-founder Mark… Read more »

Funding

Steve Baxter’s seed fund TEN13 joins $1.8 million round into US audio platform Vurbl

- September 22, 2020 2 MIN READ

Steve Baxter’s investment syndicate TEN13 and LA-based angel investor Kate Vale, Google Australia’s first employee, are part of a US$1.3 million (AU$1.8m) seed round for audio platform Vurbl, which hopes to become the YouTube of audio. The startup, which is in beta and will launch before the end of the year also attracted support from LA… Read more »