Funding

Farmbot startup LYRO Robotics raises $1.5m pre-Series A to solve labour shortages

- August 1, 2022 2 MIN READ

Queensland startup LYRO Robotics has raised $1.5 million in a pre-Series A to help local farmers get their produce to market. The round was backed by several international and domestic investors, including Artesian/Boab AI and AgFunder joining original investor, Japan’s Toyo Kanetsu. LYRO has built the world’s first autonomous robot, which can pick up delicate fresh… Read more »

Funding

Kiwi healthtech startup Carepatron banks NZ$1.6m pre-seed round from Blackbird to ramp up global growth

- July 26, 2022 2 MIN READ

Kiwi healthtech software platform Carepatron has raised NZ$1.6 million in pre-seed funding to develop its collaborative health workspace The round was led by trans-Tasman VC Blackbird. The Kiwi startup has bootstrapped until now and will use the cash injection to grow its global team and deliver its product and growth vision. Carepatron was founded by… Read more »

Funding

Compostable stretch wrap startup raises $11 million Series A

- July 25, 2022 2 MIN READ

Victorian stretch wrap startup Great Wrap has raised $11 million in a Series A as it looks to ramp up production of its compostable potato-based alternative to plastic. The $11 million equity round was backed by Darren Thomas, W23, Grill’d Innovation Fund, Giant Leap, Small Giants, Thai Wah Ventures, GroundSwell, Trail Mix Ventures and Springbank… Read more »

Airwallex
Fintech

Airwallex valuation holds at $7.6 billion as Visa runs ruler over fresh $150 million+ round

- July 21, 2022 2 MIN READ

Global payments platform Visa is reportedly looking at investing in a new in Melbourne fintech Airwallex in a raise worth up to A$290 million in an additional Series E round. Bloomberg, citing anonymous sources “familiar with the matter”, reports that the deal could be done with Airwallex maintaining the A$7.6 billion (US$5.5bn) valuation it had… Read more »

Funding

Fintech mx51 raises $32.5 million Series B for global plans

- July 19, 2022 2 MIN READ

Payments fintech mx51 has raised $32.5 million in a Series B. The lead backer was not disclosed by the startup, which described them only as as “global fintech investor”. Major existing investors, including Mastercard, Acorn Capital, Commencer Capital, Rampersand and Artesian joined the latest raise. The white-label payment technology provider, spun out of Assembly Payments… Read more »

Funding

A fintech founded by a senior Deutsche Bank exec just raised $9 million for landlords to get paid in advance

- July 19, 2022 2 MIN READ

Rental income fintech Futurerent has raised $9 million as it looks to roll out nationally. The round was led by OIF Ventures, with BridgeLane, Mulpha International, iPartners, MFO Investments and Second Century Ventures. The funds are earmarked to expand the startup’s national presence, launch new products and build further integrations. Futurerent gives property investors up… Read more »

Funding

Junkee founder Tim Duggan backs media startup that wants to make it easier for everyone to be a publisher in $500,000 raise

- July 18, 2022 2 MIN READ

A Sydney startup that wants to make it easier for people to become publishers has raised $500,000 in pre-seed funding. The round was backed by Tim Duggan, co-founder of Junkee Media, Startmate and Australian deep-tech VC Boson Ventures. Storipress claims it is making digital media easier is created by giving aspiring publishers the tools they… Read more »

Funding

Adtech startup BlendAI raises $1.5 million to automate e-commerce online ads

- July 13, 2022 2 MIN READ

Sydney adtech startup BlendAI has raised $1.5 million, two years after launching, to help small businesses with their online advertising. The round was led by Sydney-based venture fund EVP, and is for earmarked for fuelling customer growth, continued product enhancements and hiring BlendAI’s first go-to-market focused resources. BlendAI simplifies and centralises online advertising for e-commerce stores.… Read more »

Funding

Student placement platform InternMatch bags $10 million Series A for global plans

- July 11, 2022 2 MIN READ

Intern placement company InternMatch has raised $10 million in a Series A as it looks to ramp up the global side of the business. The round, led by Canberra, property developer Doma Group, with the company’s advisory firm, Henslow, also chipping in alongside existing investors. The cash will support InternMatch’s expansion into Canada, the United… Read more »

Funding

Gold Coast startup Cloutly lands $500,000 pre-Seed to help small businesses bolster their reputations

- July 6, 2022 2 MIN READ

Gold Coast startup Cloutly has raised a $500,000 in pre-Seed funding for its reputation tech solution for the small-to-medium business (SMB) market. The round was led by Unify Ventures, with participation from Palm Beach Ventures (PBV), amid a cast of new investors and advisors that includes Mike van der Heijden (Portal Ventures), Jason Atkins (Cake… Read more »

Funding

A Kiwi filesharing startup that’s cut the time taken to collate mortgage documents by 65% just raised NZ$10 million

- July 6, 2022 2 MIN READ

New Zealand startup FileInvite has raised $10 million in Series A to accelerate an end to the use of email for requesting and collecting documents online. The round was led by Icehouse Ventures, with US VC Forefront Venture Partners and Singapore’s Vulpes Ventures chipping in as new investors, alongside existing shareholders, including Flying Kiwi Angels.… Read more »

Funding

Kiwi creative marketplace Rubber Monkey hunts for $2.5 million for Australian push

- July 6, 2022 2 MIN READ

Rubber Monkey, the New Zealand e-commerce platform for creatives, is on the hunt up to NZ$2.5 million new capital to expand its Australian presence. Founded by Laurence Alexander and Nigel Stanford, a former TradeMe CEO and Mighty Ape major shareholder, Rubber Monkey is a one-stop-shop for specialist audio, visual and photography products, with more than… Read more »