funding
Venture Capital

Square Peg’s Lucy Tan took a deep dive into the VC’s investments after criticism it didn’t back early stage startups – here’s what she found

- November 30, 2022 3 MIN READ

Three weeks ago, we received an influx of incredibly helpful feedback from founders after Paul Bassat reached out to the community via this LinkedIn post. One recurring theme in the feedback that resonated with me was: telling founders you invest early is actually not that helpful. Founders asked: what does ‘early’ mean? What does ‘seed… Read more »

Jeremy Bryant
Funding

AI-based ‘Siri for farmers’ digital assistant Aimer raises NZ$1 million

- November 2, 2022 2 MIN READ

An artificial intelligence (AI)-enabled digital assistant called Aimer has raised NZ$1 million to help dairy farmers with pasture management Kiwi startup Aimer Development was backed by food and agritech accelerator Sprout in the fifth of 30 $1 million investments the VC plans to make. Aimer founder and Chief Technical Officer Jeremy Bryant has spent more than… Read more »

Funding

Adtech startup TRENDii raises $2.9 million in Seed round

- October 7, 2022 2 MIN READ

Two-year-old adtech startup TRENDii has raised $2.9 million in a Seed round to help brands and media deliver marketing in a post-cookies online world.  The round was led by Investible and a strategic media partner. The capital is for international expansion; product enhancement and category development; new tech; and building out the partnerships team. TRENDii… Read more »

Kumar Sangakkara
Funding

An esports metaverse startup cofounded by cricketer Kumar Sangakkara just raised $3.2 million in Seed funding

- September 5, 2022 2 MIN READ

Cricketing Hall of Fame batsman Kumar Sangakkara has cofounded an esports platform that’s raised US$2.5 million (A$3.2m) in Seed funding to play sport in the metaverse. The round was led by new Singapore-based investment firm Hangar X, plus several sports and web3 investors, including US-based Nucleus Advisors founder Jordan Waxman,  Perth-based 5point8 Capital director Mark D’Alessandro… Read more »

Funding

Generation Instagram startup The Daily Aus banks $1.2 million from Canva execs and former Nine boss David Gyngell

- June 27, 2022 2 MIN READ

Digital news channel The Daily Aus, which has pioneered a social media-first approach to current affairs for younger Australians, has raised $1.2 million in Seed funding. The round was led by media former Nine CEO David Gyngell, supported by Canva executives Zach Kitschke and Rob Kawalsky, as well as festival  the Untitled Group. The backing from… Read more »

Gavin Upiter
Funding

B2B pharmacy marketplace Directo raises $2.3 million Seed round

- April 1, 2022 2 MIN READ

Melbourne startup Directo has raised $2.3 million in Seed funding for its B2B marketplace for the pharmacy sector.  The round was led by Sydney seed VC Investible to scale its networked two-sided online marketplace, which offers B2C-like price transparency,  immediacy and convenience while streamlining logistics and invoicing. Founder Gavin Upiter said Directo’s proprietary enterprise technology platform… Read more »

Funding

Tim Draper, one of America’s most successful startup investors, has backed drone reforestation startup Lord of the Trees in $1.67 million pre-Seed

- April 1, 2022 2 MIN READ

US billionaire Tim Draper, famed for investments in the likes of PayPal, Tesla, Twitter, Coinbase and Robinhood, has backed Australian-based drone planting eco-tech firm Lord of the Trees (LOTT) in a $US1.25 million (A$1.67m) pre-Seed round.  The investment values LOTT, founded in 2019, at A$7 million. Lord of the Trees is a global reforestation company… Read more »

Jeremy Pollak
Funding

Hybrid work startup Calven raises $6.8 million seed round

- February 28, 2022 2 MIN READ

Sydney future of work startup Calven has raised $6.8 million in seed funding as it looks to tackle hybrid work culture. The round was led by Sydney VC Airtree, and several strategic backers, including Herbert Smith Freehills partner Michael Gonski and the Gonski family office. Calven co-founder Jeremy Pollak, a veteran of workplace technology consulting… Read more »