Peter Vranes, Hitesh Mehta
Funding

Molecular data startup Nutromics raises $5.7 million for its patient monitoring technology

- August 27, 2021 2 MIN READ

A molecular medicine startup hoping to save lives through a wearable sensor its creators say is like a “lab-on-the-skin” has raised $5.7 million. Melbourne healthtech venture Nutromics was co-founded Hitesh Mehta and Peter Vranes in 2018 after developing their idea in the MedTech Actuator program. They’ve built what they call a Continuous Molecular Monitoring (CMM)… Read more »

Anthony Shilton
Funding

Custom earpiece startup Hearables3D raises $1 million

- August 20, 2021 2 MIN READ

Melbourne hearing startup Hearables3D has raised $1 million ahead of plans to expand into the European and US markets. The investment was led by Significant Early Venture Capital and Starfish Ventures. The hearing loss startup, spun out of Swinburne University, also recently landed a $200,000 grant from the Australian Government’s Accelerating Commercialisation program. Hearables3D set… Read more »

Pasha Rayan, Tom Brunskill
Funding

Workplace skills edtech Forage raises $35 million series B

- August 20, 2021 2 MIN READ

Skills training startup Forage has raised US$25 million (A$35m) in a series B. The round was led by Blackbird Ventures, with participation from Telstra Ventures, Citi Ventures, Gaingels, Cap Table Coalition, ETF@JFFLabs and existing investors Lightspeed Venture Partners and FundersClub. The raise comes less than 12 months after the four-year-old Y Combinator graduate, previously known as InsideSherpa, landed a US$9.3 million series A. Forage… Read more »

Anastasia Volkova
Funding

Carbon software agtech Regrow raises $23.5 million series A

- August 18, 2021 2 MIN READ

Agtech startup Regrow has raised US$17 million (A$23.5m) in a series A for its carbon measurement software for the agri-food supply chain sector. The raise was led by new US climate change focused VC Ajax Strategies, Tenacious Ventures and Cargill. Existing investors include Microsoft’s venture fund M12, the Jeremey and Hannelore Grantham Environmental Trust’s Neglected… Read more »

busker
Funding

How to target the right investors for your startup’s capital raise

- August 10, 2021 3 MIN READ

You’re a product visionary. You’ve incorporated customer feedback into your business. Your revenue model is scalable. Your brand is on point and cutting through. Your prototypes and proof of concepts are gaining customer traction. Your metrics are pointing in the right direction. Now all you need is funding to support your go-to-market. While we’ve previously… Read more »

NIck Hazell
Funding

Plant protein venture v2food raises $72 million second series B for global expansion

- August 6, 2021 2 MIN READ

Plant-based protein startup v2food has raised A$72 million in series B-plus with Europe’s largest impact investment fund, Astanor Ventures leading the round. The latest capital injection is to ramp up expansion into China and Europe and scaling its manufacturing. The plant protein joint venture between Hungry Jacks billionaire Jack Cowin and the CSIRO, previously raised… Read more »

Claudio Oyarce, Traviss Orr
Funding

Programa, the proptech saving architects and designers from tedious spreadsheets, nails $2 million seed raise

- August 2, 2021 2 MIN READ

Melbourne software startup Programa has raised $2 million in a seed round. The raise was co-led by Sydney VCs Equity Venture Partners (EVP) and Investible. Programa’s cloud-based software converts tasks that might take designers two days to complete into jobs that take just minutes, bringing interior designers and architects out of the spreadsheet age and… Read more »

Tessa Court
Funding

Marketing software startup IntelligenceBank nabs $50 million from Five Elms Capital

- July 26, 2021 2 MIN READ

Melbourne marketing startup IntelligenceBank has landed a US$37 million (A$50m) from US B2B investor Five Elms Capital.    The marketing operations software platform has earmarked the funds to accelerate growth and scale its system, which converts manual processes to digital to improve marketing efficiency, increase speed to market, and minimise marketing compliance risks. IntelligenceBank helps marketing… Read more »

Woman juggling
Women in tech

A new report into how New Zealand female founders tackle raising capital reveals blokes could help fix things if they’re invested enough

- July 23, 2021 2 MIN READ

New research documenting the experiences of female entrepreneurs in New Zealand as they try to raise capital show a range of challenges that could be easily fixed. Raising Capital in Aotearoa New Zealand: Insights From Women Entrepreneurs by University of Auckland Business School researcher Dr Janine Swail, outlines the insights and experiences of 26 women.… Read more »

Andrew Barnes
Funding

Edtech Go1 turns unicorn with a massive $273 million series D led by SoftBank

- July 20, 2021 2 MIN READ

Brisbane-based online corporate training marketplace Go1 is Australia’s newest unicorn startup after raising a whopping US$200 million (A$273m) series D. Japanese investment powerhouse SoftBank’s Vision 2 fund led the round, announced less than a fortnight after it backed another Brisbane startup, Skedulo’s $100 million raise. Others investors in the latest Go1 round include AirTree Ventures… Read more »