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.
Bookended by Canva’s $51 million unicorn-making round in January and Deputy’s $111 million Series B at the end of November, Australia saw venture capital investment in local startups reach $1.25 billion in 2018.
Auckland edutech startup Kami has raised $1.42 million (NZ$1.5 million) in funding led by Australian venture capital firm Right Click Capital.
Sydney startup Baraja has closed out a US$32 million (almost $45 million) Series A funding round, raising funding from Sequoia China, Blackbird Ventures, and Main Sequence Ventures.
“Equity crowdfunding is a way of getting started”: New Zealand’s Snowball Effect on the growth of crowdfunding
Snowball Effect launched to make it easier for investors to directly invest into companies after observing how difficult it could be in New Zealand.
HubSpot is the latest company to move into the corporate venture capital space, building on its handful of investments with the launch of a dedicated US$30 million ($41.5 million) fund.
Sydney artificial intelligence startup Unleash Live has raised $4.75 million in funding from investors including Amaysim cofounders Peter O’Connell and Rolf Hansen.
Sydney workforce management startup Deputy has raised $111 million in a Series B funding round led by Silicon Valley firm IVP, which has backed the likes of Dropbox, Slack, and Twitter.
Queensland company RedEye has raised $10.4 million in a Series B round led by American fund Energy Innovation Capital.
Arkose Labs, a fraud and abuse prevention startup, has secured a strategic investment from PayPal.