Melbourne-founded fintech Airwallex is the latest Australian startup to hit unicorn status following the closing of a US$100 million ($141 million) Series C round led by DST Global.
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.
Melbourne education startup Maths Pathway, which has created an online learning system to help teachers better teach their students mathematics, has raised $2.1 million in a seed funding round led by Social Ventures Australia (SVA).
Sydney startup ShoreTrade has raised $2 million in a seed funding round led by Investible to launch a trading platform for the seafood industry.
Sydney HR startup Flare has raised $21 million in a Series B round led by New York venture capital firm Point72 Ventures, with participation from investors including existing backers Reinventure and BridgeLane.
AgriWebb, which has created a farm and livestock management solution, has secured a $14 million investment from UK outfit Wheatsheaf Group for a minority stake in the business.
Canberra-founded, Palo Alto-based startup Instaclustr has raised $20.8 million in a funding round led by New York City private equity firm Level Equity. Launched by Ben Bromhead, Adam Zegelin, Peter Lilley, and Doug Stuart in 2013, Instaclustr is an ‘open source as a service’ platform, delivering fully hosted and managed big data technology solutions in… Read more »
GO1, which has created an online platform through which individuals and organisations can find or create courses, has raised $10 million in a Series A round led by Seek, with participation from investors including Our Innovation Fund. Launched in 2014, Brisbane startup GO1 allows users to browse its marketplace of courses, covering everything from compliance… Read more »
Adelaide-founded fintech startup Tic:Toc, which has developed a digital home loan platform, has raised $11.5 million in a Series B round led by Genworth Australia and La Trobe Financial.
Melbourne fintech company Credit Clear, which automates the process of requesting payments from customers, has raised $8.5 million in funding from investors including Regal Funds Management.
Melbourne-headquartered video production marketplace Genero has raised $4 million in a funding round led by existing backer Ellerston Capital to pursue growth in the United States.
Edutech startup OpenLearning raises $8.5 million Series A to further expansion across Southeast Asia
Australian edutech startup OpenLearning has raised $8.5 million in a Series A round led by Malaysian companies Prestariang Berhad and Paramount Corporation Berhad, with participation from a handful of local investors.
Melbourne-founded AmazingCo, a startup whose platform allows users to plan special events and outings online, has raised $2.3 million in a funding round led by Rampersand VC.
Automotive giant Daimler has led a US$175 million ($231 million) funding round for Estonian rideshare startup Taxify, bringing the company’s valuation to US$1 billion.
Snooper, a platform that allows brands and retailers to collect data by having consumers complete ‘missions’ related to their products in stores, has raised $1 million in a funding round led by Microequities Venture Capital.