Funding

Startup Daily TV: Digital lender WLTH is raising a $5 million seed round just months before a series A

- February 26, 2021 2 MIN READ

Digital lending and payments provider WLTH has opened $5 million seed funding round. The Brisbane-based fintech will use the funds to accelerate the growth of its proprietary technology platforms, ahead of the upcoming launches of its B2C payments app ‘WLTH Pay’ and loyalty program ‘WLTH + Loyalty’, as well as make key hires for its… Read more »

Business strategy

How I grew my startup by 300% after turning down Steve Baxter and Janine Allis on Shark Tank

- February 19, 2021 3 MIN READ

Four years into our business journey, the sharks started circling – and we welcomed it. My co-founder and I were pleased to accept the opportunity to appear on Channel 10’s Shark Tank, the show where potential investors were the sharks and entrepreneurs the meat. While our venture had started well, we were at the stage where… Read more »

Funding

Mortgage broker fintech Effi raises $1.2 million seed round

- February 15, 2021 2 MIN READ

Fintech startup Effi has raised $1.2 million in seed funding as part of its push to become Australia’s leading mortgage broker platform.    The round was led by Australian seed investment group Investible, US-based Hustle Fund and several mortgage industry leaders and brokers.  Mandeep Sodhi, founder and CEO of the AI-powered company said he’s now looking to… Read more »

News & Analysis

Fractional property investment platform Bricklet raises $3 million in series A backed by News and REA Group

- February 9, 2021 2 MIN READ

Rupert Murdoch’s News Corp and REA Group are among several high profile investors backing a $3 million Series A round by fragmented property platform Bricklet, valuing the startup at $28 million after just 18 months. Original investors Lakeba, Mirvac Group (ASX: MGR), Stockland (ASX: SGP) and Mihubb also joined the round, along with property investment… Read more »

Funding

X-ray tech venture Micro-X raises $30 million for US expansion

- February 1, 2021 2 MIN READ

Micro-X has received funding commitments of $30.5 million to help expand its US footprint and fast-track new lightweight x-ray products. The publicly-listed company announced to the Australian Securities Exchange (ASX: MX1) this morning it had received funding commitments totalling $30.5 million for new fully paid shares at 34 cents each. It is also proposing to… Read more »

Funding

Paul Bassat’s VC fund has doubled down on a medtech startup’s $18 million raise with Malcolm and Lucy Turnbull also backing it

- December 8, 2020 < 1 MIN READ

Square Peg Capital has led an $18 million round into a three-year-old medtech startup that’s like Tinder for clinical trials, matching researchers with patients. Paul Bassat’s fund led a $6 million series A into HealthMatch, founded by a UNSW med student, in late 2019 following a five-day crash course into the startup, and then joined… Read more »

Funding

Telehealth startup Coviu raises $6 million after explosive pandemic growth

- December 7, 2020 < 1 MIN READ

Telehealth venture Coviu has raised $6 million in the wake of the company’s growth during the coronavirus pandemic. The round was backed by Equity Venture Partners, with investment director Daniel Szekely joining the board, alongside the Giant Leap Fund from Impact Investments, the CSIRO’s VC fund, Main Sequence Ventures and the Medical Angels investment group.… Read more »

Airwallex
Funding

Atlassian co-founder Scott Farquhar’s family fund joins $57 million Airwallex raise

- September 29, 2020 < 1 MIN READ

  Airwallex has topped up its US$160 million (AU$254m) series D raise from April with an extra US$40 million ($57m) with Skip Capital, the family investment fund run by Kim Jackson with her husband, Atlassian co-founder Scott Farquhar. Regular backer Square Peg Capital also returned for the latest cash injection, which continues to value the… Read more »