US climate tech investor Sophie Purdom has made her first international investment via her New York VC fund Planeteer Capital, leading a $5.3 million Seed round. Purdom visited Sydney late last year as a keynote speaker at Climate Salad‘s Climate Tech Festival, which featured more than 50 Australian climate tech startups. The one she’s picked… Read more »
A startup turning agricultural waste into activated carbon, which is used to filter environmental toxins, has raised $2.6 million in a Series A. Government-backed investment fund Breakthrough Victoria chipped in $1 million, joined by VCs Alberts Impact Ventures, Investible, Artesian and Startmate. The funds will support the testing and establishment of Bygen’s large-scale production plant,… Read more »
What do a former prime minister, a bioengineered protein, a $15 billion investment fund and a boat hull cleaning robot have in common? They’ll all be part of the Climate Investor Forum in Melbourne tomorrow. Held at the MCG on March 20, Climate Investor Forum will bring together the climate investor ecosystem covering the complete… Read more »
The allure of San Francisco as startup mecca is a long-held dream for entrepreneurs with global ambitions, but increasingly Singapore is where Australian founders are heading to find their stride and make it all come true. Xylo Systems CEO and cofounder Camille Goldstone-Henry certainly found that to be the case. Goldstone-Henry, a Australian Women’s Weekly Women… Read more »
A New Zealand lake will be home to the world’s first electric hydrofoiling ferry, used to transport workers to a hydro power station. The Swedish-made Candela P-12 electric hydrofoil ferry will offer daily transport for workers at Manapōuri Power Station, Aotearoa’s largest hydro plant, on World Heritage-listed Lake Manapōuri, voted the country’s most beautiful lake. The… Read more »
Grok Ventures, the private investment fund of Atlassian cofounder Mike Cannon-Brookes, has named global asset management executive Tan Kueh as CEO, joining chief investment officer Jeremy Kwong-Law. Cannon-Brookes said that Grok is entering a new phase of growth, having refined its investment strategy to make a bigger impact on addressing the global climate challenge. “Having… Read more »
Climate startup CarbonHQ, has raised $600,000 in pre-Seed capital to bring transparency and accountability to carbon credits. The raise was backed by early-stage VC funds Galileo Ventures and Investible. CarbonHQ aims to improve the efficiency and transparency of carbon projects and address the $3 billion voluntary carbon market (VCM). They are currently developing a digital platform… Read more »
Food redistribution platform Yume has raised $2 million as a Seed round as it looks to address food waste by connecting food manufacturers with surplus stock with businesses and charities that can use it. The round was led by Investible via its Climate Tech Fund, Investible’s Early Stage Fund 2 and Club Investible syndicate, with… Read more »
Six Australian and New Zealand startups have scored funding from private health fund Bupa as part of its Eco Disruptive program, to help them develop pilot solutions that improve people’s health, as well as the planet’s. The program gives the startups involved the chance to work with Bupa’s expert teams to build their ideas faster… Read more »
Every now and again you hear about a technology that has so much transformative potential that it’s hard to wrap your head around it. The team from Ubiquetherm humbly refers to their invention as ‘the next generation of heating and cooling.’ What they are actually creating, is a breakthrough product that could have dramatic and brilliant… Read more »
CSIRO VC fund Main Sequence Ventures has continued its support carbon accounting software startup Avarni, leading a $2.5 million raise. Supporting Main Sequence were Brisbane early-stage fund Sprint Ventures and Afterwork Ventures. It’s the climate tech SaaS platform’s third raise since it was founded in 2021 and its second in less than 12 months, although… Read more »
Envirotech startup Refilled has raised $1.3 million in a Seed round to transform drink dispensing and reduce single use plastic bottles. The raise was led by existing backer Melt Ventures with support from Envato cofounders, Cyan and Collis Ta’eed and others. Refilled previously raised $600,000 through angel investors and Melt’s modern manufacturing fund. The Sydney… Read more »
There’s no shortage of ambition when it comes to trying to recycle plastics, yet less than 10% are actually recycled. A Victorian envirotech startup, Phantm, which has just raised $2 million in Seed funding, is hoping to change that by helping companies understand and reduce their plastic footprint, by using alternatives. The round was led… Read more »
Food waste recycling startup Goterra has crossed the border into Queensland in a collaboration with Brisbane’s Howard Smith Wharves precinct. The deal will see Goterra’s robotic processing plants, which use black soldier fly larvae to eat through food waste, installed at the riverside entertainment precinct under the Story Bridge as part of its drive to be… Read more »
Dispelling the myths that sustainability is too pricey or difficult for small businesses to implement, a free digital masterclass next week will sort fact from fiction. Startup Daily’s sister publication Kochie’s Business Builders and cleantech startup Greener for Business are inviting startups to join the charge and discover how to tackle your net zero emissions… Read more »
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