Venture Technology firm BlueChilli announced today that two of it’s investments Token One and Geepers have secured over $650,000 in angel funding.
New venture MakeLoveNotPorn.com is an interesting new startup with a social mission to educate specifically the younger generations from late teens to mid-twenties about the realities of sex and the fact that porn is in fact not reality.
Tapestry.net, the startup enabling more seniors to connect online, has secured $400,000 in funding from Commercialisation Australia. The grant will be used to extend the product to multiple platforms including the iPad and iPhone, add community-based features and accelerate the company’s international growth.
Furniture startup Sofia have just announced a 1 million dollar funding round this week as they prepare to disrupt the luxury furniture market with their designer offerings. Brothers Jack Teoh and Steve Davis collaborated to bring the idea to life with a little help from their beloved terrier sofia [pictured].
Accomplished angel investors Bill Tai, Director of Engineering at Facebook Lars Rasmussen, Yahoo! CFO Ken Goldman, and former Seek co-founder Paul Bassat and partner at Square Peg Ventures, have also backed the company. Commercialisation Australia contributed through its Early Stage Commercialisation program.
The capital raise which was undertaken in December came from a diverse group of investors in Australia, Singapore and the USA. These include Brook Adcock, founder of Pandora Australia, Neil Miller, veteran technology investor and early investor in Seek as well as Greg Roebuck, CEO of Carsales.com.au.
Sydney based startup Moneysoft has closed it’s third round of capital last week bringing the total amount raised to $660,000. Moneysoft is an online personal money tool that brings together financial information from multiple banks to enable goal setting and planning – closed the offer after 12 months and setting a final valuation of $3.3 million.