Encryption technology startup CipherStash has raised $3.3 million in a seed round as it looks cracking the US market. The round was led by AirTree and US VC Nexus Venture Partners, supported by Linktree CTO Zak Islam,Threatmatric co-founder Alisdair Faulkner and Buildkite’s Keith Pitt. The startup is an end-to-end, searchable encrypted data storage platform. It… Read more »
GovConnex, a political intelligence and relationship management platform, has raised $1 million in a round led by local VC Black Nova. The funds will be used to scales platform to organise all of Australia’s government data amid plans to expand internationally by the end of 2021. The GovConnex platform, which launched in 2019, captures information… Read more »
Enterprise compliance startup EncompaaS has raised $14 million as it looks to go global The raise for the corporate governance SaaS provider was led by CVC Emerging Companies, Future Now Capital, and private investment company Marshall Investments. EncompaaS CEO Jesse Todd said the funds will be used to further develop and take its suite of… Read more »
Sydney envirotech startup Pathzero has raised US$5 million (A$6.8m) as it looks to expand globally. The round was led by VC Carthona Capital, with Antler Australia – the startup emerged out of the Antler program – and impact investor, Phil Vernon. Former Commsec MD Paul Rayson also signed on as one of several new investors. … Read more »
Legal tech startup Lawpath has raised $7.5 million in a fresh round to ramp up its local and international expansion. The business previously raised $4.4 million in 2019 for its push into Asia, on top of $1.8 million in 2018 in an equity deal with US online law pioneer LegalZoom, and $1.3 million in 2015.… Read more »
Sydney insurtech Cover Genius has capped a staggering month of capital raises for Australian startups, raising $100 million in a series C. The round was led by Singapore office of Japanese insurer Sompo Holdings, chipping in around $68 million, joined by Silicon Valley VC G Squared and existing investors. The funding will be used to… Read more »
A New Zealand workplace feedback startup has raised Nz$15 million (A$14.2m) as it looks to expand internationally. Joyous was founded in 2017 by brothers Mike and Phillip Carden. The raise was led by Square Peg, with existing investors AirTree Ventures and Icehouse Ventures returning for their third round. The investment will also be used to… Read more »
Digital energy platform Wattwatchers has raised $5.3 million in the Series B round. The round was led by private equity impact investor Kilara Capital’s new Growth Fund, with the Clean Energy Finance Corporation (CEFC), doubling down on the startup after backing its series A and initial capital raise in 2017 through its specialist Innovation Fund.… Read more »
Melbourne fintech Airwallex has tapped the market for another US$200 million (A$275m) in a series E just six months after topping up its series D round with an extra US$100 million (A$130m). The payments platform has now raised more than A$1 billion from investors. This latest raise ups Airwallex’s valuation from US$2.6bn ($3.4bn) in March to… Read more »
Digital assets platform Monochrome Asset Management as raised US$1.8 million (A$2.4m) in series A funding as it looks up become the Australian market leader in alternative investment. The round, which values the business at A$20 million, included Wei Zhou, former CFO of Binance, Litecoin creator Charlie Lee, Samson Mow, CSO of Blockstream, and Kain Warwick, founder… Read more »
Melbourne startup investment firm Fundsquire, has an extra A$75 million in the kitty to back local tech ventures thanks to a debt and equity raise from fintech investment firm Fasanara Capital. Fundsquire plans to launch new funding products in Australia, Canada, and the UK with the cash injection, as well as enable tech development and market… Read more »
An events platform for the pandemic era, which connects conference delegates at virtual and hybrid events on any device, has raised $10 million in a seed round. Airtree Ventures led the raise for Delegate Connect, writing its largest seed cheque in the fund’s history. Also chipping in were Skip Capital, the private fund of Kim… Read more »
Sports stars and startup founders have rallied behind Melbourne impact venture Who Gives a Crap in a $14.5 million raise. The round was led by European family-owned impact investor Verlinvest, which also backed Swedish milk alternative Oatly. Executive director Raphael Thiolon will joining the Who Gives A Crap board. Also joining the raise were Grok… Read more »
Future of work startup Remote Social has raised a $1 million seed round. The raise was led by Black Nova VC, supported by neuroscience consultancy NeuroPower, Antler Australia – the startup emerged out of Antler Australia, and several strategic angels. Remote Social’s angel investors include Atlassian VP of engineering Zak Islam, Archangel Ventures partner Quentin Wallace,… Read more »
Carbonix, the Sydney startup that pivoted from high-speed sailing to drones, has raised $6.3 million in a late seed round ahead of US ambitions. The round was led by ASX-listed defence aerospace manufacturer Quickstep (ASX: QHL), and comes as the venture lands a major deal with electricity supplier Ausgrid to use Carbonix drones to monitor… Read more »
Mr Yum founder Kim Teo on why you shouldn’t take culture for granted – especially during a pandemic
Commercial property startup Inspace raises $4 million pre-series A for global ambitions
Cyber security startup CipherStash raises $3.3 million in seed round
Sydney fintech Parpera raises $1.3 million as it prepares to launch
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