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Property crowdfunding platform CrowdfundUP raises $2.1 million to expand into China
Property crowdfunding platform CrowdfundUP has raised $2.1m to further develop its technology and expand its team, with expansion into China on the cards.
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Aussie-founded data analytics startup Nugit raises US$5.2 million from Sequoia India
Singapore-based data analytics startup Nugit, founded by Australian entrepreneur David Sanderson, has raised US$5.2 million ($6.8 million) in funding from Sequoia India.
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Adelaide-founded, San Francisco-based startup HappyCo raises US$7.5 million Series A round
Adelaide-founded, San Francisco-based startup HappyCo, which creates apps to help clients run smarter operations, has announced the closing of a US$7.5 million (around $9.8 million) Series A funding round.
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Brisbane’s Redback Technologies raises $9.3 million from strategic investor Energy Australia
Brisbane solar energy startup Redback Technologies has today announced a strategic investment of $9.3 million into the company from Energy Australia.
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Social influencer startup Tribe raises $5.35 million Series A to fund global expansion
A few months after announcing its intention to raise $5 million in fresh funding, social media influencer startup Tribe has officially closed its Series A, raising $5.35 million in a round led by Exto Partners.
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Deliveroo raises $361 million Series E round to help deepen Australian roots and begin RooBox rollout
The funding will go towards expanding the service in new and existing markets, as well as facilitating the continued rollout of RooBox, delivery-only kitchens built out of shipping containers established in areas currently not reached by the core Deliveroo service.
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Automated debt collection startup ezyCollect raises $1.25 million in round led by Tank Stream Ventures
Sydney startup ezyCollect, which helps businesses with their debt collection through an automated platform, has raised $1.25 million in a funding round led by Tank Stream Ventures.
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Mon Purse raises $3.1 million Series A to push retail expansion and US launch
Fashiontech startup Mon Purse, which allows customers to design their own handbags, has raised $3.1 million in a Series A round.
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Seatfrog raises $1.2 million to launch app allowing airline passengers to bid on seating upgrades
Sydney startup Seatfrog, which looks to bring the joy of the airline upgrade to everyone rather than the select lucky few, has raised $1.2 million in a seed funding round led by London-based VC firm Howzat Partners.
Other
Home cooking delivery startup Marley Spoon raises AUD$22 million Series B to expand around Australia
German home cooking delivery startup Marley Spoon, which launched in Australia last August, has announced the raising of a €15 million (AUD$22 million) Series B round from Luxor Capital, QD Ventures, Kreos Capital, and existing investors.
Other
Facebook acquires Masquerade; WeWork raises $430 million at $16 billion valuation; PlantMiner raises $3.5 million
Another busy week has seen Facebook acquire Masquerade, the startup behind MSQRD, the app behind the faceswapping tool taking over the internet, while Intel has acquired Replay Technologies to help create a new category for sports entertainment. Meanwhile, WeWork has raised $430 million at a valuation of $16 billion to help launch a push into Asia, and closer to home Melbourne’s Culture Amp raised $10 million while Brisbane’s PlantMiner raised $3.5 million.
Advice
Sydney startup clapit raises $2.57 million in seed funding to tackle the crowded social media space
Despite the number of social media platforms in the market, investors are still keen to buy in and find the next big thing, with new Australian social media startup clapit last week announcing it had raised $2.57 million in seed funding from investors including Mark Moran and Paul Siderovski pre-launch.
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Melbourne startup HealthKit raises $1.6 million Series A round
Melbourne healthtech startup HealthKit, which has created a practice management system for private practices and a health management platform for patients, has raised $1.6 million in a Series A round led by a Melbourne-based family office investor, with participation from existing investors.
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Peazie raises fresh funding and appoints former general manager of Salmat as CEO
Peazie, the Australian startup helping brands build, run, and monitor competitions and promotions, has announced that it has raised a fresh round of funding and appointed Thomas Mahon, former general manager of Salmat, as its new CEO.
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Investec Australia acquires 20 percent stake in investment platform Equitise
As Australia gears up for the long-awaited changes to equity crowdfunding regulations to come into action, Investec Australia has acquired a 20 percent stake in ‘trans-Tasman’ investment platform Equitise. The deal values the startup at close to $10 million.
