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 »

Jigspace, Numa Bertron, Zac Duff
Funding

3D startup JigSpace scores $6 million series A

- July 1, 2021 2 MIN READ

A Melbourne startup aiming to be the Canva of 3D presentations has raised $6 million in a series A round. Existing investors Rampersand, Boost VC and Investible backed JigSpace once again along with new investors including Vulpes, and Roger Allen’s Patagorang Investment Group. The four-year-old venture, which only launched its product 12 months ago and… Read more »

Chris & Alex Naoumidis, Mindset Health
Funding

Hypnosis app medtech raises $6.5 million to tackle menopause, depression and even chronic pain

- June 28, 2021 3 MIN READ

A Melbourne medtech building hypnosis-based therapeutic apps to help people self-manage a range of illnesses has raised a US$5 million (A$6.5m) seed round. San Francisco angel investor and startup founder James Beshara led the round for Y Combinator-backed Mindset Health  joined by Giant Leap, Banana Capital, Fifty Years, and several angel investors. Mindset Health partners with health… Read more »

Dominic Yap, Ben Pfisterer, Zeller
Funding

Business payments fintech Zeller landed a staggering $50 million as it prepared to launch

- June 23, 2021 2 MIN READ

Melbourne fintech Zeller turbo-charged its balance sheet a week before it launched in early May, with US firm Spark Capital leading a $50 million extension on its series A round, making it the country’s most valuable pre-launch startup. Existing backers Square Peg, Apex Capital Partners and Addition joined the latest raise. Founded by former Square… Read more »

Lumiant, Santiago Burridge
Funding

Financial advice fintech Lumiant looks to raise $2 million more from crowdfunding

- June 16, 2021 2 MIN READ

Financial advice startup Lumiant, has extended its $1.17 million seed capital raise through equity crowdfunding site Equitise and is now looking to raise a further $2 million. The fintech it’s seeking the additional capital amid high demand for its services to investing in its ability to scale and increase distribution across Australia. Lumiant is a… Read more »

coal fired power statio
News & Analysis

Super funds-backed carbon risk startup Emmi lands high profile company director Catherine Brenner as investor

- June 15, 2021 2 MIN READ

Emmi, a carbon risk management startup that lets institutional investors improve their understanding of how financially exposed they are to carbon risks, has launched after attracting a series of high profile investors to join its board.  Tim Samway, chair of Hyperion Asset Management, Coca-Cola Amatil and Boral director Catherine Brenner and Startmate investor Patrick Sieb… Read more »