Jan Pacas
Funding

Fake meat startup All G scores bigger Woolies backing

- February 14, 2022 2 MIN READ

Woolworths Group’s venture capital fund, W23, has tipped fresh millions into alternative protein startup, All G Foods The actual size of the investment was not disclosed, instead being described as “a further multi-million injection of capital” in a media release. The Sydney-based alternative proteins startup previously raised $16 million in a seed round in September last… Read more »

Funding

Retail software startup Kepler Analytics raises $22 million series B

- February 14, 2022 2 MIN READ

Retail analytics SaaS platform Kepler Analytics has raised $22m (USD$15.5m) Series B funding round. Sydney-based VC OneVentures led the raise through its 1V Growth Fund V, with participation from Whiteoak, Taronga Ventures, and Shearwater Capital. Existing investors Reinventure and InterValley Ventures once again chipped in. The tech company plans to use the fresh capital for… Read more »

Steve Maarbani
Funding

VentureCrowd walks the talk, raising $3.9 million on its own crowdfunding platform in $10m Series A

- February 11, 2022 2 MIN READ

Equity crowdfunding platform VentureCrowd has raised $10 million in a Series A. As well as $6.6 million from existing investors, the company used its own platform to raise an additional $3.9 million from new investors. The funds are earmarked to further develop VentureCrowd’s technology platform, scale its retail product offering in venture capital, property, private credit… Read more »

Nicholas Simms
Funding

Plant-based proteins startup Fenn Foods raises $3 million for global push

- February 11, 2022 < 1 MIN READ

Queensland plant-based food startup Fënn Foods has raised $3 million as it looks to expand into offshore markets. The oversubscribed raise was backed by existing and sophisticated investors, led by fund manager Bombora Investment Management. The Sunshine Coast-based business was founded by Michelin-star trained chef Alejandro Cancino, from the highly lauded Brisbane restaurant Urbane. Fënn… Read more »

Other

Accountancy software startup Karbon counts on $93 million raise

- February 9, 2022 2 MIN READ

Accounting practice management software company Karbon has raised $US66 million (A$93m) from US investor Tidemark Capital. The seven-year-old US-based Australian venture now operates in more than 20 countries offering cloud-based business management software for SMB accounting firms. It is now the preeminent independent practice management solution in the accounting industry globally. The latest round comes… Read more »

Funding

IoT startup Binary Tech, which started out tracking beer kegs, just raised a $1.8 million seed round

- February 4, 2022 2 MIN READ

Wollongong Internet of Things (IoT) startup Binary Tech has raised $1.8 million in a seed round as it looks roll out supply chain IoT devices. The round was led by Artesian Ventures, joined by Beachhead VC and angel investors including Dr. Craig Davis, Peter McKie and Nick McNaughton. McNaughton will join the company’s board. Founder… Read more »

Funding

Kiwi medtech Formus Labs raises US$5 million to transform orthopedic surgery

- February 4, 2022 2 MIN READ

A New Zealand medtech startup that’s developed  the world’s first automated 3D planner for joint replacement surgeries has raised US$5 million. The round coincides with Formus Labs launching its orthopedic surgery planning solution which provides surgeons with unprecedented insight into the pre-operation planning process. The investment was led by New Zealand VC firm GD1 (Global… Read more »

Funding

Regtech startup CredShare raises $2.7 million

- February 4, 2022 2 MIN READ

Credentials management startup CredShare has raised $2.7 million as it looks to transform the compliance landscape for exchanging credentials. The round came from a series of high net worth investors as well as ASX-listed Touch Ventures and Ellerston Capital to give the venture a valuation of $14 million. It comes as the regtech startup prepares… Read more »

Cows
Funding

Kiwi agritech startup Protag raises $1m

- February 3, 2022 2 MIN READ

New Zealand agritech startup Protag has raised NZ$1 million for its smart ear tag sensors for the dairy industry. Investment firm Sprout led the round, with support from US-based Finistere Ventures, Kiwi dairy giant Fonterra, and Israeli venture builder OurCrowd, with support from NZ government agency Callaghan Innovation’s Technology Incubator Programme. The cash will fast… Read more »

Karan Ananad
Funding

Kiwi accountancy startup Hnry raises $15 million

- February 2, 2022 2 MIN READ

New Zealand accounting startup Hnry has raised another $15 million in funding as it looks to ramp up its Australian presence. New York-based VC Left Lane Capital led the round,  joined by Sydney VC EVP, with its third investment. New backers include MessageMedia founder Grant Rule. The Kiwi financial admin platform is designed for contractors,… Read more »

Liam Millward
Funding

Blackbird, Zip’s Larry Diamond and Steve Baxter’s TEN13 back two teens with a fintech startup in a record $2.2 million seed round

- February 2, 2022 2 MIN READ

Two Brisbane teenagers tackling the ecommerce problem of abandoned carts for online sales have raised $2.2 million in the pre-seed funding for their fintech startup. Liam Millward, 18, and William Gao, 19, founded Instant in April 2021, to build the world’s simplest checkout experience. The record pre-seed raise, the country’s biggest, was led by Blackbird,… Read more »