A B2B marketplace that speeds up cosmetics launch times has raised $10 million in a Series A led by Macquarie Capital. Sydney-headquartered Atelier streamlines and manages manufacturing, logistics and packaging for beauty, health or wellness brands to cut time-to-market by two-thirds. Founded in 2018, cofounder Nick Benson bills Atelier as “the future of manufacturing” and… Read more »
B2B marketplace Directo, which streamlines logistics, invoicing and fulfilment for pharmacies and suppliers, has raised $2 million in fresh capital. The round was backed by industry leaders and existing shareholders, including former President of Pharmacy Guild of Australia (NSW) Paul Sinclair, current President of the International Pharmaceutical Federation, David Vaux and Leon Steinkoler. The Melbourne… Read more »
Sydney B2B hospitality supplies platform Marketboomer has raised $4.9 million in a round led by Salter Brothers Tech Fund. It’s the second investment made by the Melbourne fund manager, which in February, stitched together the $74m takeover bid for small business lender Prospa to take it private after five years on the ASX. Marketboomer is… 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 »
Customer relationship management (CRM) and revenue operations software startup Nexl has raised $4 million in new capital, backed by B2B-focused VC EVP alongside follow-on funds from Vulpes and Saniel Ventures. Nexl was founded 3.5 years ago by Philipp Thurner, who was head of innovation at top tier law firm Gilbert and Tobin. The software platform… Read more »
When we tell the community our mandate is to support B2B tech companies scaling up into the UK and US, we know this is a mouthful and sounds like an oddly specific mandate. The comment we hear most from founders is, “we reached out to you because you help founders expand into the UK and… Read more »
Aerotruth, a software startup that speeds up and streamlines the B2B partnership process for fintechs and banks has raised $1.3 million in an oversubscribed Seed round. The raise was led by Archangel Ventures, with participation from Afterwork Ventures, Black Sheep Capital, Change Com, Cut Through Angels, Spring Capital and Unlock Capital. The Software-as-a-service company launched globally in… Read more »
US VC Tiger Global has backed a B2B marketplace developed by the former CEO of eCommmerce platform Catch with a $28 million investment. Tiger previously backed Catch, and this week has also chipped into a Sydney grocery delivery startup’s $75 million Series A. TradeSquare is a B2B wholesale marketplace launched in 2020 by former Catch… Read more »
In the B2B sales world, growth is usually a function of connections, capital and crew. For emerging brands, these resources are often in short supply. For this reason, brands are limited in their ability to increase revenue in a short period, and retailers need to constantly find new stock for their customers to keep them… Read more »
Sydney startup Renewtrak, which automates the renewals of subscription and services contracts, has raised $3 million in a seed round. The raise was led by Sydney VC firm Tidal Ventures and supported by several existing investors, including Bridgeclimb founder Paul Cave. The cash is for global expansion plans. Renewtrak’s customer base includes leading tech companies… Read more »
Melbourne fintech Airwallex is launching a new global payments product for business in a partnership with credit card giant Visa. The fintech says the Airwallex Borderless Card for businesses will save companies time, cost and hassle on international transactions. “The collaboration focuses on innovative multi-currency cross-border payment solutions for businesses, bringing together Airwallex’s market-leading international… Read more »
Tempus Partners has announced the establishment of ‘Tempus Fund 2’, a $40 million fund with which it will look to invest in local B2B and scalable startups.
Developing an online B2B marketplace to help architects sell their imagery to product suppliers is Sydney-startup Bookmarc.
“Shortly after our consumer launch, the reality that everything was going to be infinitely harder than we had anticipated started to sink in.”
Looking to help ease the pain by connecting startups in need to qualified salespeople looking for new career opportunities is Melbourne startup SalesTribe.
Nearly 9000 taxi drivers just scored $152 million from Uber as compensation for its illegal launch in Australia 
Fresh from its $272 million win against Uber, class action lawyers Maurice Blackburn are now eyeing off Google’s adtech 
Breakthrough Victoria pivots with $7.5 million startup fellowship program to create 50 startups 
Zip cofounder Larry Diamond makes his exit to focus on philanthropy 
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