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 »
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 »
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 »
Sustainability-focused tech startup Greener has raised $1 million in a seed round. The funds raised will be used to accelerate the development of the Greener app, secure further commercial partnerships, and prepare the world-first solution for a national launch next year. The Greener app makes it easier for consumers to identify brands with a focus… Read more »
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 »
Here’s the story of how Carted raised one of the largest seed rounds in Australian history and the strategy behind it. Holly and Mike from Carted ran the most effective fundraising campaign to gather support of world-class VCs with a record AU$13m Seed round. These headlines and deals don’t just happen, there is a process… Read more »
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 »
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 »
Marketplace startup Warrp has extended its seed funding window to the end of August as the company’s new user signups jumped 138% in July. The startup is in discussions with prospective seed funding partners after receiving competitive interest from investors and has decided to keep expressions of interest open over the next month. The seed… Read more »
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 »
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 »
VC EVP red flags ‘potentially serious issue’ in $17 million startup investment it just led 
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Veteran Sydney software company that bootstrapped for 22 years cashes in with $445 million sale 
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