Funding

Kiwi pay-it-forward startup GoGenerosity plants NZ$1.3 million seed round

- October 14, 2021 3 MIN READ

Software startup GoGenerosity, which helps New Zealand businesses and charities make generosity easier, has raised NZ$1.3 million in a seed round. The raise was led by local private investors, with support from Icehouse Ventures. The funds are to expand the team and additional develop of the GoGenerosity software for new features such as EFTPOS integration. Recent… Read more »

Perx - Scott & Hugo
Funding

Perx Health bags $3 million seed round for US launch

- October 14, 2021 2 MIN READ

Healthtech startup Perx Health has landed a $3 million (US$2.2m) seed round for its launch into the US market. The raise was led by  AirTree Ventures. Perx launched in 2017 as behaviour change platform that supports people with chronic health conditions such as diabetes by creating engagement to help them adhere to daily treatment plans.  The healthtech… Read more »

SafeStack
Funding

Kiwi cybersecurity training platform SafeStack Academy banks NZ$2.3 million seed round

- October 11, 2021 2 MIN READ

New Zealand cyber security education company SafeStack Academy has raised a NZ$2.3 million seed round. The raise was led by Sydney VC Jelix Ventures alongside trans-Tasman investors including Carthona Capital, the wittily named NZ VC K1W1 and the country’s growth capital fund, NZGCP. The cash injection will seek to to capitalise on the startup’s early traction,… Read more »

Funding

49ers NFL legend Joe Montana backs $2.5 million seed round by industrial tech startup GreaseBoss

- October 8, 2021 3 MIN READ

Queensland tech startup GreaseBoss, which keeps the wheels of industrial machinery spinning, has raised $2.5 million in a seed round. The Sunshine Coast business now counts San Francisco 49ers footballer “Joe Cool” Montana among its investors in the round led by Michael Dempsey from Pipeline Capital, with PioneerVC and Cathexis. GreaseBoss received initial funding from… Read more »

Tidal Ventures
Funding

Leading tech founders and execs are backing a new seed investment network by early stage VC Tidal Ventures

- October 5, 2021 2 MIN READ

Early stage venture capital fund Tidal Ventures has put together a supergroup of the smartest and most successful tech company founders and C-suite execs to launch a new investment network called Tidal’s Expert Network (#ten). The #ten members invest in Tidal’s Seed Fund, connect with each other and the VC, and offer support to its… Read more »

Funding

Proptech startup ProcurePro raises $2.6 million seed round

- October 4, 2021 2 MIN READ

Construction contracting tech startup ProcurePro has raised $2.6 million in a seed round. The funding round included several local construction industry executives, including Geoff Tarrant, co-founder of construction progressive payments fintech Payapps, as well as several Australian and US-based investors. It will be used to accelerate Australian and international growth plans. Founder and CEO Alastair… Read more »

Funding

Psychedelic biotech startup Psylo raises $1.1m to treat mental health issues with the key ingredient in magic mushrooms

- October 1, 2021 2 MIN READ

Psylo, a preclinical biotech firm, has raised $1.1 million as part of an ambitious plan to treat mental illness with naturally occurring psychedelic drugs. The Sydney-based startup, part of Startmate‘s current W21 cohort, has been backed in a round led led by Chris Hitchen’s global micro-VC fund Possible Ventures. The venture’s prominent angel investors also include Airtree’s… Read more »

ULUU cofounders Michael Kingsbury and Michael Julia Reisser
Funding

Aussie start-up ULUU raises A$1.3M to replace plastic with a biodegradable alternative made from seaweed

- September 27, 2021 2 MIN READ

A Western Australian cleantech startup making a plastics replacement from seaweed has raises $1.3 million seed round. ULUU has been backed by the CSIRO’s VC fund Main Sequence, as well as Sydney impact investment fund Alberts Impact Ventures and syndicated private investment and family office firm The Eights to further develop its plastic replacement of… Read more »

Quantum Brilliance co-founders
Other tech

A quantum startup using synthetic diamonds to accelerate computing has raised $13 million in seed funding

- August 26, 2021 2 MIN READ

Canberra-based computing science startup Quantum Brilliance has raised US$10 million (A$13m) in seed funding. The investment into the Australian-German full-stack quantum accelerator startup, which emerged from The ANU’s research group in diamond quantum science in 2019, was co-led by the QxBranch founders’ and the CSIRO’s VC fund, Main Sequence, with other backers including CP Ventures, Investible,… Read more »

Call centre
Funding

Software startup Operata takes on $2.2 million seed round for call centres to go remote

- August 5, 2021 2 MIN READ

Performance monitoring and assurance platform Operata has raised $2.2 million in a seed round to help call centres in the shift to remote working operations. Sydney VC Tidal Ventures led the seed funding supported by Black Nova, Flying Fox Ventures and prominent angels. The Melbourne software startup, founded in 2018 and already profitable, has bootstrapped… Read more »

home office woman working
Funding

Andreessen Horowitz backs $10m seed round in a Sydney startup co-founded by Atlassian and Culture Amp execs

- May 31, 2021 2 MIN READ

US investment giant Andreessen Horowitz has led a $10.3 million (US$8m) investment in a Sydney startup tackling better workplace communication. Pyn was founded by Joris Luijke, the former VP of People at Atlassian and Squarespace, and CultureAmp co-founder, Jon Williams. The startup launched last year and raised a US$2.1m pre-seed round led by Accel Partners,… Read more »