Factory.app cofounders Paul and Michael Lutkajtis
Funding

Investible backs manufacturing software startup Factory.app’s $1 million Seed round

- October 23, 2023 2 MIN READ

Manufacturing process management platform Factory.app has raised $1.05 million in a Seed round led by early-stage VC Investible. The two-year-old Sydney software startup was also backed by TechnologyOne founder Adrian DiMarco, 1in100 Ventures, Beachhead Venture Capital, and Hugo-Hamman Investments. Serial entrepreneur Richard Hugo-Hamman, CEO of the legaltech firm The LEAP Group, along with HotelsCombined cofounder… Read more »

Carbonix Domani Drone
Funding

Drone venture Carbonix lands $6.3 million seed round

- August 23, 2021 2 MIN READ

Carbonix, the Sydney startup that pivoted from high-speed sailing to drones, has raised $6.3 million in a late seed round ahead of US ambitions. The round was led by ASX-listed defence aerospace manufacturer Quickstep (ASX: QHL), and comes as the venture lands a major deal with electricity supplier Ausgrid to use Carbonix drones to monitor… Read more »