Identity and fraud detection engine FrankieOne has raised an additional $23 million in a top up to its Series A 13 months on. The self-described Series A+ round was led by existing backers AirTree and US-based VC firm Greycroft, with Westpac’s VC fund Reinventure, Tidal Ventures and Apex Capital Partners also doubling down on the… Read more »
Legal automation startup, Josef, has raised $5.2 million in what the company is calling “pre-series” capital. The round led by OIF Ventures, supported by existing investor Carthona Capital as well as Flying Fox Ventures, Jelix Ventures and Saniel Ventures. Founded in 2018 by lawyers Tom Dreyfus and Sam Flynn and engineer Kirill Kliavin, the company… Read more »
Recruitment and talent analysis startup Sapia.ai, formerly known as PredictiveHire, has raised $17 million in Series A. The round was led by Macquarie Capital and W23, the venture capital arm of Woolworths Group. The capital is earmarked for continued overseas expansion, including making the platform available in multiple languages. Sapia’s artificial intelligence-powered automation platform is… Read more »
Sydney robotics and navigation tech scale-up Advanced Navigation has raised US$68 million (A$108m) in a Series B. The round was led by US private equity firm KKR, supported by deep learning venture firm AI Capital as well as existing backers Main Sequence, Malcolm Turnbull , In-Q-Tel, and OIF. The 10-year-old tech business has now raised… Read more »
Four women and mothers who banded together to help the parents of children with disabilities have raised $1 million from crowdfunding for their social network app. The Birchal campaign closed this week with $1.037 million from 604 investors. Kindship will use the funds to help parents navigate the NDIS. They plan to launch Kindship Wallet,… Read more »
Melbourne engineering and structural design startup ClearCalcs, has raised $2.5 million to double is its total pre-series capital to $5 million. Existing backers EVP and Shearwater Capital once again led the round in the software platform, which helps architects and engineers build more sustainable housing more efficiently . ClearCalcs previously raised $1.65 million 12 months… Read more »
Seaweed-based plastics replacement startup ULUU has raised $8 million in a Seed round that’s attracted and all-star cast of investors from music, restaurants and modelling. The round was led by existing backer, Main Sequence Ventures, supported by Alberts Impact Ventures, Mistletoe and Possible Ventures. The Western Australian venture, is creating compostable polymers known as PHAs… Read more »
Software development startup Buildkite has raised US$21 million (A$31m) in a Series B round. Local VCs OneVentures and AirTree led the round with Up bank founder Dom Pym also chipping in alongside US firm General Catalyst. The Melbourne devops tech company previously raised $28 million in 2020 at a $200 million valuation. It’s just the… Read more »
Sydney-based Vow, a cultured meat company, has raised US$49.2 million (A$73.5m) in Series A funding. The raise was led by local VC Blackbird and Prosperity 7 Ventures, with support from Toyota Ventures, Square Peg, Grok, Cavalio, Peakbridge, Tenacious Ventures, HostPlus Super LP, NGS Super and Pavilion Capital. It’s a record for a series A raise… Read more »
Sydney-based logistics startup Ofload has raised $60 million in Series B round of equity and debt. The raise comes 11 months after the company’s $20 million Series A. The round was led by Singapore VC, Jungle Ventures, alongside existing investors Maersk Growth, the venture arm of transport and supply chain giant AP Moller – Maersk, as… Read more »
New Zealand impact startup Kara Technologies has raised NZ$1.3 million in Seed funding to make sign language more accessible in the media for deaf people. The round was led by Sydney VC Investible and with Kiwi VCs Te Pae ki te Rangi, Quident Ventures, Icehouse Ventures, as well as Startmate. Kara is building a more… Read more »
Sydney medtech startup Vexev has raised $8.5 million to ramp up the global expansion of its 3D medical imaging device. The round was led by San Francisco based deep-tech VC Neotribe Ventures with Blackbird chipping in, alongside, vascular surgeons and imaging firms, Propeller founder Rory San Miguel and Dovetail’s Benjamin Humphrey The new capital is… Read more »
A software platform to help product managers align goals across the board has raised $2.3 million in Seed funding. The round for Sauce was led by Blackbird, and supported by Airtree Ventures , alongside product leaders in several local tech companies including SafetyCulture, Eucalyptus, Respondent, Minnow, EarlyWork, Archangel and UltraViolet Ventures. Sauce was cofounded by… Read more »
Hospitality sector online ordering platform Ordermentum has revealed that it raised $6.2 million in capital in July. Backers in the company’s latest raise include NIB Holdings chair and existing backer David Gordon, plus EVP partner Damon Pezaro. Existing investors include SEEK co-founder Matt Rockman, Pocketbook founder Bosco Tan and Pure Asset Management Ordermentum was cofounded… Read more »
Renewable energy software platform Orkestra has raised $1.1 million in a Seed round to support large power companies roll out new projects. The raise was led by local seed stage VC Tidal Ventures with support from angel investors with links to the energy industry. The capital is will be used to expand Okestra’s team and… Read more »
Metigy founder now bankrupt as liquidators find the adtech startup didn’t earn ‘any revenue’ in its 7-year life
History repeats with Deliveroo’s collapse echoing Foodora’s 2018 exit at the expense of gig economy riders
Here are the winners of the UNSW Founders Awards
VC survey finds nearly every startup founder thinks the current funding climate is having an impact on their plans
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