Sydney-based non-alcoholic spirits startup, Lyre’s has soared to $179 million valuation just two years after launching following a seed-plus round of $9 million. US-based Morgan Creek Capital Management, early-backers of Alibaba, SpaceX and Lyft, and Bitburger Ventures, the VC arm of the German brewers came on board as new investors with existing supporters DLF Venture, VRD… Read more »
Melbourne startup Sonnant, which uses artificial intelligence (AI) and machine learning (ML) for content discovery for the spoken word, has raised $750,000 in a seed round led by radio and TV company Southern Cross Austereo (SCA). The strategic investment by SCA will help support the recent launch of LiSTNR, the rebranded PodcastOne audio channel and… Read more »
Sydney-based car loan fintech Carclarity has raised a $1 million seed round led by Equity Venture Partners (EVP), just 12 months after launching. The funds will be use to build the startups product and development as it looks to expand from car financing to embedding itself in the car buying experience. Others in the funding… Read more »
Melbourne-based tech startup Pearlii, a world-first dental app for check-ups, has raised $1.25 million in seed investment from some of Australia’s most prominent investors, including Roger Allen and Justin Liberman. Founder and CEO, Dr Kyle Turner has developed artificial intelligence technology to scans a Pearlii user’s dental photos to check for common problems such as… Read more »
Impact startup Like Family has raised $2 million in seed funding in a round led by Giant Leap Fund. Alberts Impact Capital and Pangaea Impact Investments also invested in Like Family (formerly Home Care Heroes) for its continued Victorian expansion and to grow the team. Jenna Leo and Mathieu Bertrand founded their NDIS-approved marketplace in… Read more »
Serial Australian entrepreneur Tim Kentley-Klay is back in founder mode two years after being fired from his autonomous mobility company Zoox, with a new robotics ventures that’s attracted support from mining billionaire Andrew “Twiggy” Forrest. His latest idea, launched this year, is HYPR – not to be confused with the US influencer marketing platform or… Read more »
Steve Baxter’s investment syndicate TEN13 and LA-based angel investor Kate Vale, Google Australia’s first employee, are part of a US$1.3 million (AU$1.8m) seed round for audio platform Vurbl, which hopes to become the YouTube of audio. The startup, which is in beta and will launch before the end of the year also attracted support from LA… Read more »
Sydney logistics tech start-up Loadsmile, which only launched ahead of 2020’s coronavirus pandemic, has rebranded as Ofload and raised $2.8 million in seed funding, backed the world’s biggest shipper, Maersk. Maersk’s venture arm Maersk Growth, led the round, which between March and July at the height of the lockdowns, with support from global seed VC… Read more »
A Queensland dinner party marketplace that matches hosts with caterers – from chefs and talented home cooks – has raised $600,000 in seed funding. Brisbane-based ACAC Innovation led the raise with the FNQ Angels and the Queensland Government’s Business Development Fund as co-investors. It’s the second time FNQ Angels has supported the regional startup, having tipped… Read more »
Muso co-founders Alan-Jin, Brandon Crimmins and Jeremiah Siemianow. Photo: supplied Muso, an online marketplace app for emerging musicians find live gigs, and help venues recruit new talent has raised $1.5 million in seed funding. The support came from Investible a new impact investment fund Alberts Impact Capital, created by the legendary music publishing business Alberts (who… Read more »
Agronomic analytics company FluroSat has raised $4.6 million to extend the venture’s global reach as farmers get tech savvy about growing crops more efficiently. The funds landed less than a year after the launch of FluroSat’s agtech platform FluroSense, which combines ag modelling and AI in an analytics engine that helps agronomists and farmers… Read more »
Inspace XR co-founder Justin Laing Virtual reality startup Inspace XR, which creates virtual mock-up of a new houses to show prospective buyers and builders, has closed $750,000 in seed funding, led by Investible, just weeks after it won the Sydney leg of the VC fund’s Investible Games. It’s the second $750,000 raise for in three… Read more »
Moovosity, a tech startup focused on physical education and movement software for children, is hoping to launch in schools across Australia after scoring $300,000 in seed funding from CMO Software founder James Cotton’s VC fund Uluwatu Capital. Cotton is a co-founder in the Brisbane-based, Moovosity, alongside Scott Jenson and Mal Mizen. The trio set up… Read more »
MRT’s Paul Mullins, David Finlay and Gordon Howard with their invention, which helps reduce tractor horsepower in broadacre farming. Australia’s CSIRO invented wifi and now a local startup is using it keep farmers in touch when they’re out in the paddocks as part of the latest cohort in agtech accelerator SparkLabs Cultiv8. Seven startups have… Read more »
Sydney startup ShoreTrade has raised $2 million in a seed funding round led by Investible to launch a trading platform for the seafood industry.
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