Funding

Agtech robotics management platform SwarmFarm plants $12 million Series A

- February 15, 2023 3 MIN READ

Farming automation management startup SwarmFarm Robotics has raised $12 million in a Series A to address agriculture’s worker shortage. The round was led by Canadian agtech fund Emmertech, from Conexus Venture Capital, supported by Brisbane VC Tribe Global Ventures and South Australia’s Access Capital. Existing investors Tenacious Ventures and GrainInnovate, the Grains Research and Development Corporation… Read more »

Quantum Brilliance, Andrew Horsley, Marcus Doherty, Mark Luo.
Funding

Quantum computer startup Quantum Brilliance lands $26 million raise

- February 15, 2023 2 MIN READ

Canberra quantum computing startup Quantum Brilliance, has raised US$18 million (A$26m) as it looks to expand internationally. The raise was backed by Breakthrough Victoria, which chipped in $8 million, as well as CSIRO VC fund Main Sequence, Investible, Ultratech Capital, MA Financial, Jelix Ventures, Rampersand and CM Equity. The capital is to expand international operations, deliver… Read more »

Sam McNamara, Getahead
Funding

Queensland job matching startup Getahead raises $1.38m pre-Seed round

- February 13, 2023 2 MIN READ

Brisbane recruitment tech startup, Getahead, which pitches itself as “Tinder for jobs”, has raised $1.38 million in pre-Seed funding The round was led by Ezidebit founder Michael Dempsey’s investment fund, Pipeline Capital, supported by Di Bella Coffee founder Phil Di Bella. Founder Sam McNamara launched Getahead in December last year with the goal of reducing… Read more »

Tracksuit, Matt Herbert, Connor Archbold
Funding

Kiwi brand tracking startup Tracksuit bags $6.8 million Seed round

- February 13, 2023 2 MIN READ

New Zealand brand tracking startup Tracksuit has raised NZ$7.5 million (A$6.8m) in Seed round. The raise was led by Blackbird, which chipped in $3.6 million, supported by Kiwi VC Icehouse Ventures, Ascential, Shasta Ventures and veteran brand consultant Mark Ritson. Tracksuit helps companies measure and understand brand value via weekly global surveys to track consumer… Read more »

Jim Fuller, Michael Fox, Fable Food
Funding

Osher Günsberg & ethicist Peter Singer back mushroom ‘meat’ startup Fable Food Co in $12.3 million Series A

- February 9, 2023 3 MIN READ

Queensland meat alternative startup Fable has raised US$8.5 million (A$12.3m) as it  ramps up its expansion in global markets. The round was led by Singapore VC 3 Ventures, supported by Better Bite Ventures, former YUM CEO Greg Creed, the expat Australian ethicist and animal rights campaigner Professor Peter Singer, SaladStop founders Frantz Braha and Adrien… Read more »

Fabrum Fabrum founders Hugh Reynolds, Christopher Boyle, and Dr Ojas Mahapatra
Funding

Andrew Forrest backs Kiwi hydrogen tech startup Fabrum in NZ$23 million Series A

- February 8, 2023 2 MIN READ

New Zealand liquid hydrogen tech company Fabrum has raised NZ$23 million (A$21m) in a Series A The round was led by London VC AP Ventures, with participation from Dr Andrew Forrest’s Fortescue Future Industries, Japan’s Obayashi Corporation and New Zealand VC K1W1. The Christchurch-based venture, founded in 2004, is considered a world leader in industrialised… Read more »

Q-CTR founder Michael Biercuk
Funding

Quantum startup Q-CTRL lands $39 million in Series B top up led by Salesforce Ventures

- February 1, 2023 3 MIN READ

Salesforce Ventures becomes new investor Wallabies legend John Eales also backed Q-CTRL A record A$74m was raised in the Series B Sydney quantum software startup Q–CTRL has raised US$27.4 million (A$39m) in an extension of its Series B Several new investors joined Q–CTRL’s cap table, including Salesforce Ventures, the VC arm of the US software… Read more »

Milkrun
Funding

Milkrun, the last local grocery delivery standing, is still trying to find fresh capital after raising $75 million

- January 27, 2023 3 MIN READ

Rapid grocery delivery service Milkrun tried to raise additional cash twice in 2022, despite starting the year with $75 million from Tiger Global in a Series A last January, but couldn’t attract investors amid the financial failure of its rivals. The Australian reports that the Sydney startup touted its Series B pitch deck to potential backers… Read more »

Joel Anderson, Brad Martin and Elizabeth Kirk
Funding

Employee wellbeing startup Foremind raises $200,000 for construction industry mental health support

- January 25, 2023 2 MIN READ

Employee wellbeing startup Foremind has raised $200,000 in Seed funding from early stage investor Skalata Ventures. The cash will be used to improve access to mental health support in the construction and building sector.  Cofounder and engineer Joel Anderson was inspired to build Foremind after a poor experience using an Employee Assistance Program (EAP). Around… Read more »

Ferronova CEO Stewart Bartlett
Funding

South Australian biotech startup Ferronova banks $11 million to tackle cancer treatment

- January 23, 2023 2 MIN READ

Adelaide biotech company Ferronova has raised $8 million from investors topped up with a $3 million research grant from the federal government for its nanoparticle platform to help surgeons to locate and remove malignant cells in stomach and brain cancers. Irish healthtech venture Renew Pharmaceuticals led the raise, supported by existing backers Uniseed and Artesian… Read more »