Sydney fintech Waddle, which provides invoice financing for small to medium enterprises (SMEs) has raised $4 million in Series A funding from Allectus Capital. With the company in 2017 securing a $50 million wholesale facility, the funding will go towards scaling Waddle across Australia and accelerating the integration of its global financial services partners. Founded… Read more »
GO1 has raised over $30 million in a Series B funding round led by M12, the venture capital arm of Microsoft, with participation from existing backers SEEK and Y Combinator.
With venture capital funding hitting new records in Australia, it’s easy to forget that not all startups find funding.
New Zealand startup Ambit, which helps clients create custom chatbots, has raised NZ$1.75 million ($1.7 million) as it looks to grow globally.
Sydney startup Rockmelon, which has created an education platform to help autistic children and their parents, has raised $3 million from angel investors to expand internationally.
Sydney-based venture capital fund Equity Venture Partners will be looking to invest in early-stage business-to-business (B2B) software companies.
Startup Muster has launched a public cry for help after losing government funding, with cofounder Murray Hurps explaining that replacement funding must be secured by April if the 2019 survey is to run.
Coviu’s PhysioROM helps patients receive physical rehab from their home by automating and standardising the calculation of their range of motion via webcam.
Sydney startup DingGo, which connects drivers to independent panel beaters for private repairs, has raised a round of seed funding led by strategic investor SG Fleet Group.
After announcing its launch last November, investment bank Investec has raised $45 million to reach the first close of its Emerging Companies Fund 1.
Sydney artificial intelligence startup Curious Thing has raised $1.5 million in seed funding from Reinventure Group and Qualgro.
Melbourne startup Socialsuite has raised $1.85 million in a funding round led by AddVenture Fund.
Courier service Sendle has raised $20 million in a Series B round led by Federation, with participation from Full Circle Venture Capital, Rampersand, and Giant Leap Fund.
The latest recipients of grants from the government’s Incubator Support scheme have been announced, with six organisations sharing in $2 million in funding.
More money in venture capital means more companies can be funded in the Australian ecosystem, argues AirTree Ventures’ Daniel Petre.
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