Kumar Sangakkara
Funding

An esports metaverse startup cofounded by cricketer Kumar Sangakkara just raised $3.2 million in Seed funding

- September 5, 2022 2 MIN READ

Cricketing Hall of Fame batsman Kumar Sangakkara has cofounded an esports platform that’s raised US$2.5 million (A$3.2m) in Seed funding to play sport in the metaverse. The round was led by new Singapore-based investment firm Hangar X, plus several sports and web3 investors, including US-based Nucleus Advisors founder Jordan Waxman,  Perth-based 5point8 Capital director Mark D’Alessandro… Read more »

Funding

Generation Instagram startup The Daily Aus banks $1.2 million from Canva execs and former Nine boss David Gyngell

- June 27, 2022 2 MIN READ

Digital news channel The Daily Aus, which has pioneered a social media-first approach to current affairs for younger Australians, has raised $1.2 million in Seed funding. The round was led by media former Nine CEO David Gyngell, supported by Canva executives Zach Kitschke and Rob Kawalsky, as well as festival  the Untitled Group. The backing from… Read more »

Julie Stevanja & Sali Sasi
Funding

Stylerunner twins raise $1.6 million for their new shopping startup, Her Black Book

- February 28, 2022 2 MIN READ

A new shopping app developed by the twin sisters behind Stylerunner has raised $1.6 million in seed funding. The round was led by former banking exec Andrew Hagger, CEO of Fortescue founder Andrew Forest’s family investment firm, Tattarang and his charity arm, the Minderoo Foundation, supported by ASX-listed Touch Ventures, plus others. Sisters Sali Sasi… Read more »

Andrew Ellett
Fintech

Fintech HelpPay raises $2.4 million as the bill-sharing app launches to aid people with household expenses

- November 26, 2021 2 MIN READ

HelpPay, a fintech for people seeking help to pay bills, has raised $2.4 million in series A ahead of its public launch this Monday, November 29. The first-of-its-kind platform lets people securely share bills with family and friends via a smartphone app, allowing others to chip in and help pay them off. Unlike crowdfunding options… Read more »

Funding

Proptech BuildPass raises $1 million to make construction management easier

- October 19, 2021 2 MIN READ

Melbourne construction tech startup BuildPass has raised $1 million in a pre-seed round. The raise was backed by local construction industry companies and strategic US-based investors with the company looking to expand into the US market in the next 1-2 years. BuildPass was co-founded by Matt Perrott and Aaron Vanston, who met with principle engineer, James… Read more »

Funding

Online learning startup Academy Xi raises $14 million

- October 4, 2021 2 MIN READ

Edtech startup Academy Xi has raised an additional $4.4 million to top up a $9.6 million round for a total raise of $14 million. New investors included philanthropist Robert McLean, Cuscal chair Bill Conn and funds manager Milford Asset Management. Previous backers Alium Capital Management, Giant Leap Fund, Pangaea Impact Investments and Perle Ventures backed… Read more »

Jodi Stanton
Funding

Female-led fintech Rush Gold raises $3 million series A

- September 21, 2021 2 MIN READ

Australian fintech Rush Gold (previously SendGold) has raised a $3 million Series A The round, led by Dragon Tree Capital, with several new backers including Andrew Barlow, Rami de Marchi, Prof. Gustavo Schwenkler, Tom Krulis and Matt Bailey hitting the EFT button alongside several existing shareholders including entrepreneur Darren Harrison. The venture, which is building… Read more »

Prospection
Funding

Healthcare data analytics startup raises $45 million series B

- September 13, 2021 2 MIN READ

Sydney health analytics startup Prospection, which uses AI and machine learning to provide patients insights on potentially life-threatening diseases, has raised $45 million in a series B. The round was led by Ellerston Capital’s JAADE fund, chipping in $30 million, with the balance coming from existing backers, the CSIRO VC fund Main Sequence Ventures, and Hong… Read more »

Quan Pham
Funding

Artificial intelligence provider Pi.Exchange raises $2.75 million pre-series A

- August 26, 2021 2 MIN READ

An artificial intelligence startup making AI accessible to smaller companies has raised  A$2.75 million (US$2m) in a pre-series A round. Pi.Exchange describes itself as an AI-as-a-Service provider and is targeting the banking and retail to professional services sectors with its product. Investors included AI-dedicated VC Boab AI, Artesian, Nextrans and Vision Creator, alongside additional support… Read more »

Dovetail
Funding

Customer insights startup Dovetail raises $5 million from Mike Cannon-Brookes & Culture Amp’s Didier Elzinga

- August 10, 2021 2 MIN READ

Sydney startup Dovetail has raised A$5 million in a round led by US VC Felicis Ventures. The raise was also supported by Mike Cannon-Brookes’ family investment vehicle Grok Ventures, Didier Elzinga, the co-founder of Culture Amp, and Blackbird Ventures. The software company enables teams to make better decisions through deep customer understanding, and will use… Read more »