Business strategy

A VC explains how to avoid the most common mistake founders make – raising too much too early

- April 15, 2024 4 MIN READ

Away from the VC mega-round headlines or the hard stories of founders who can’t raise capital at any price, is the solvable problem of how much money a new founder should raise. I’ve participated in hundreds of investments where founders have opted for different answers to this question, and watched the consequences unfold over the… Read more »

Rehan D'Almedia

FinTech Australia calls for capital raising and trade support ahead of federal budget

- April 15, 2024 2 MIN READ

FinTech Australia is calling on the Federal government to address the challenging capital raising environment for startups and renew its support for Austrade’s effort to promote our local sector abroad. In its pre-budget submission tabled ahead of federal treasurer Jim Chalmers announcing his 2024 Budget on May 14, FinTech Australia CEO Rehan D’Almeida said the… Read more »

Honey Insurance, Richard Joffee

Insurtech startup banks $108 million Series A

- April 8, 2024 < 1 MIN READ

Three-year-old insurtech startup Honey Insurance has raised $108 million in a Series A that’s lured in US investors Founded by entrepreneur Richard Joffe, cofounder of US-based Park Assist and, Honey launched in 2021. It raised a record $15.5 million in a Seed round led by underwriting partner RACQ and other institutional investors, including AGL,… Read more »

Starboard Maritime

Kiwi sea crimes startup Starboard Maritime Intelligence floats $4.6 million seed funding round

- April 4, 2024 2 MIN READ

A New Zealand data analytics startup using machine learning to detect suspicious activity by vessels at sea has raised a NZ$5 million (A$4.6m) in a Seed round. The round for Starboard Maritime Intelligence was led by Kiwi VC Altered Capital, supported by Icehouse Ventures, Invest South, Soul Capital, and Whakatupu Aotearoa Foundation, as well as marine-focused… Read more »

Femtek founder Olivia Orchowski

Women’s hormonal cycle tracker Femtek pockets $1 million Seed round

- April 2, 2024 < 1 MIN READ

Women’s healthtech startup Femtek has raised $1 million in Seed funding to give women better data around their menstrual cycle. The round was led by startup incubator and early-stage investor Arcanys Ventures, which also has an office in Melbourne led by managing partner Frederic Joye, alongside Philippines-based software outsourcing and a Swiss office. Techstars and… Read more »


Banking fintech Constantinople pockets $50 million Series A

- April 2, 2024 < 1 MIN READ

Banking-in-box fintech Constantinople has raised $50 million in a Series A. The round was led by Dutch internet investment firm Prosus Ventures, with support from existing Australian backers Square Peg and AirTree. The Sydney startup, founded in 2022 by former Westpac managers Macgregor Duncan and Dianne Challenor, previously raised US$23 million (A$32m) in a Seed… Read more »

call centre operator

Investor Alex Waislitz comes to Dubber’s rescue with $5 million loan as hunt for missing millions continues

- March 18, 2024 2 MIN READ

ASX-listed voice data company Dubber is borrowing $5 million in bridging finance from existing investor Alex Waislitz to solve a cash flow crisis after more than $26 million of the company’s funds went missing. Tiga Trading, a company associated with the Melbourne billionaire’s Thorney Investment Group, is stumping up the cash as a loan secured… Read more »

Andrew Colagiuri

Digital signatures proptech raises $2.5 million

- March 15, 2024 2 MIN READ

Proptech startup FLK it over has raised $2.5 million as it looks to expand beyond real estate with its electronic document signing solutions. Former real estate agent Andrew Colagiuri founded the startup in 2016, setting out to make administrative tasks, such as tenant signing, less cumbersome. He previously raised $2.13 million in 2022 from the… Read more »


Healthcare startup Kismet pockets $12.6 million Seed raise

- March 5, 2024 2 MIN READ

A Melbourne-founded healthcare platform focused on the NDIS has banked US$8.2 million (A$12.6m) in Seed funding. The round led for Kismet by Dutch-listed internet investment firm Prosus Ventures and existing backer Airtree Ventures. The startup previously raised A$4m in pre-Seed capital in May last year, with from Airtree, Black Nova and Flying Fox. The startup,… Read more »