Kabir Sidhu
Funding

Travel and GPS startup AirBolt locks in $2 million seed round

- September 10, 2021 2 MIN READ

Connected devices tracking startup AirBolt has raised $2 million in a seed round. The raise was led by 72Capital and Moat Investments, with the funds deployed to expand AirBolt’s range of connected devices and global partnerships. Airbolt’s products include a smart travel lock, the world’s first Bluetooth-enabled smart travel-sized lock and a next-generation GPS, LTE-M,… Read more »

Remote Social team
Funding

Hybrid work culture building startup Remote Social raises $1 million seed round

- September 7, 2021 2 MIN READ

Future of work startup Remote Social has raised a $1 million seed round. The raise was led by Black Nova VC, supported by neuroscience consultancy NeuroPower, Antler Australia – the startup emerged out of Antler Australia, and several strategic angels. Remote Social’s angel investors include Atlassian VP of engineering Zak Islam, Archangel Ventures partner Quentin Wallace,… Read more »

Claudio Oyarce, Traviss Orr
Funding

Programa, the proptech saving architects and designers from tedious spreadsheets, nails $2 million seed raise

- August 2, 2021 2 MIN READ

Melbourne software startup Programa has raised $2 million in a seed round. The raise was co-led by Sydney VCs Equity Venture Partners (EVP) and Investible. Programa’s cloud-based software converts tasks that might take designers two days to complete into jobs that take just minutes, bringing interior designers and architects out of the spreadsheet age and… Read more »

Funding

3D computer vision startup Visionary Machines raises $7.5 million seed round led by Folklore Ventures

- July 26, 2021 2 MIN READ

Sydney computer vision startup Visionary Machines has raised A$7.5 million in a seed round led by Folklore Ventures, with co-investment by Our Innovation Fund (OIF). Existing backer Significant Capital Ventures reinvested, along with Thorney Investment Group and IQT International Australia, the Sydney-based of In-Q-Tel. Folklore partner Hannah Field will join the startup’s board Founded in… Read more »

EV charger EVOS
Funding

An EV charging startup co-founded by former Tritium employees just raised a $1.7 million seed round

- July 8, 2021 2 MIN READ

A Brisbane startup following in the footsteps of electric vehicles (EV) charging unicorn Tritium has raised a $1.7 million seed round. EVOS was founded by three former Tritium employees. That fellow Brisbane venture is set to list on the US NASDAQ via a special purpose acquisition company (SPAC). The new startup is focused on fleet energy… Read more »

Chris & Alex Naoumidis, Mindset Health
Funding

Hypnosis app medtech raises $6.5 million to tackle menopause, depression and even chronic pain

- June 28, 2021 3 MIN READ

A Melbourne medtech building hypnosis-based therapeutic apps to help people self-manage a range of illnesses has raised a US$5 million (A$6.5m) seed round. San Francisco angel investor and startup founder James Beshara led the round for Y Combinator-backed Mindset Health  joined by Giant Leap, Banana Capital, Fifty Years, and several angel investors. Mindset Health partners with health… Read more »

Honey Insurance, David Carter, Richard Joffe, Peter Tonagh.
Funding

BNPL founders pile into record $15.5 million seed round for insurtech startup Honey

- June 17, 2021 2 MIN READ

The founders of rival BNPL companies Zip and Afterpay have piled into a record $15.5 million seed round for a 10-month insurance company designed for the smart home era. The seed investment for Honey Insurance was led by an impressive list of institutional investors: RACQ, which is underwriting the challenger brand; property settlement platform PEXA,… Read more »

Funding

Mortgage broker fintech Effi raises $1.2 million seed round

- February 15, 2021 2 MIN READ

Fintech startup Effi has raised $1.2 million in seed funding as part of its push to become Australia’s leading mortgage broker platform.    The round was led by Australian seed investment group Investible, US-based Hustle Fund and several mortgage industry leaders and brokers.  Mandeep Sodhi, founder and CEO of the AI-powered company said he’s now looking to… Read more »

Funding

Kiwi workplace management startup Multitudes lands $2.2 million seed round

- December 10, 2020 2 MIN READ

Multitudes, a software platform to manage and improve culture and performance, has raised NZ$2.4 million (AU$2.2m) in a seed round to build their beta product. Blackbird Ventures led the oversubscribed round alongside former Reddit CEO Ellen Pao, and Culture Amp co-founder Jon Williams. Multitudes uses workplace data to give managers insights and coaching to create… Read more »

Funding

Steve Baxter’s TEN13 backed a $1.6m seed round in a book-keeping startup set to be the next Xero

- November 4, 2020 2 MIN READ

Freelancer and solo entrepreneur accounting platform Bookipi has raised $1.6 million in a seed round co-led by Sydney VC Our Innovation Fund and Steve Baxter’s investment syndicate TEN13. Bookipi, founded in 2017, is targeting the freelancer and micro SME sector with its book-keeping platform and already has a user base of more than 640,000 customers… Read more »

News & Analysis

AI-based engineering startup VAPAR, founded by two women, just raised $700,000 in seed funding

- July 6, 2020 2 MIN READ

Engineering startup VAPAR, which utilises artificial intelligence (AI) and machine learning (ML) to check the condition of stormwater and sewerage pipelines, has raised AU$700,000 in seed funding led by Blackbird Ventures and Startmate, as well as angel investors. CEO Amanda Siqueira and CTO Michelle Aguilar, both engineering graduates from the University of Technology, Sydney, co-founded their… Read more »

News & Analysis

Investment group Sydney Angels just gave 3 startups a $2.4 million boost

- May 26, 2020 2 MIN READ

Sydney Angels, the 100-plus member investment group backing early stage startups, has sent a strong signal to founders with good ideas, announcing $2.4 million in total investment across three tech startups. The three ventures are: Trendspek, a Sydney software ventures that converts drone footage of critical infrastructure that’s difficult to inspect for maintenance, such as… Read more »