Funding

Twiggy Forrest is backing a new robotics vehicle startup by Zoox’s Australian co-founder

- November 24, 2020 < 1 MIN READ

Serial Australian entrepreneur Tim Kentley-Klay is back in founder mode two years after being fired from his autonomous mobility company Zoox, with a new robotics ventures that’s attracted support from mining billionaire Andrew “Twiggy” Forrest. His latest idea, launched this year, is HYPR – not to be confused with the US influencer marketing platform or… Read more »

Funding

New Zealand healthtech startup ZOOM has launched NZ$3m Snowball Effect capital raise

- November 17, 2020 < 1 MIN READ

New Zealand virtual pharmacy startup, ZOOM Health, which founder David Taylor calls the “Uber Eats of prescriptions”, is looking to raise NZ$3 million via Kiwi investing marketplace Snowball Effect. Taylor, ZOOM’s MD, founded the healthtech venture in 2017, targeting people on multiple medications who struggle to get to the pharmacy with a delivery option. “Whilst… Read more »

Funding

ecommerce software startup Marketplacer just raised $20 million as it gets ready to list

- November 16, 2020 < 1 MIN READ

Software venture Marketplacer, which provides ecommerce solutions for leading Australian retailers such as Myer, Metcash and Bob Jane T-Marts, has raised $20 million as it plans to head to an IPO in early 2021. Founded in Melbourne in 2012, the company creates backend online marketplace software and raised $20 million 12 months ago in what… Read more »

Funding

Steve Baxter’s TEN13 backed a $1.6m seed round in a book-keeping startup set to be the next Xero

- November 4, 2020 2 MIN READ

Freelancer and solo entrepreneur accounting platform Bookipi has raised $1.6 million in a seed round co-led by Sydney VC Our Innovation Fund and Steve Baxter’s investment syndicate TEN13. Bookipi, founded in 2017, is targeting the freelancer and micro SME sector with its book-keeping platform and already has a user base of more than 640,000 customers… Read more »

Funding

MYOB and Malcolm Turnbull back $22 million series C in a workplace software startup

- November 2, 2020 < 1 MIN READ

MYOB has led a $22 million Series C round into workplace software startup Flare, with the accounting platform also announcing a new partnership with the five-year-old venture. Existing investors Point72 Ventures, Acorn Capital and David Fite joined the round with Malcolm Turnbull signing on as a new investor. Turnbull and Fite will become special advisors… Read more »

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 »

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 »

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 »