A Melbourne startup following in the footsteps of Adelaide’s Fleet Space has raised $5 million in Seed funding to launch more satellites scanning earth for critical minerals. The raise for Esper was led by Darwin innovation investor Paspalis Capital and Islamic finance firm Hejaz. The capital injection will underpin the launch of the company’s fourth… Read more »
A startup hoping to chip away at China’s dominance in copper production with a new low-cost way of extracting it from low-grade resources has raised $1.05 million in a Seed round. Banksia Minerals Processing (BMP) was spun out of University of Queensland and has been backed by UniQuest, and IP Group, and grant funding from the… Read more »
A Melbourne enterprise technology startup that’s bootstrapped since its founding in 2019 has raised a $5 million Seed round in taking on its first external capital. Slinging cash at Factor House were Blackbird, OIF, Flying Fox and the Alice Anderson Fund, LaunchVic’s female-focused co-investment side-car fund. The funding will accelerate the commercial release of the startup’s flagship product,… Read more »
A B2B product management startup cofounded by Canva and Atlassian alumni, and developed in the Y Combinator accelerator program, has raised $3.5 million in Seed funding. The round for Sydney startup Index was led by Blackbird and Bain Capital Ventures. Mary Meeker’s California VC Bond also chipped in along with Y Combinator, Linktree cofounder Alex… Read more »
Woolworths CEO Brad Banducci, who departed the grocery retailer in February with a $24 million golden handshake, not long after vacating the chair during a notorious Four Corners interview about grocery prices, has put some of that windfall to use backing a $2 million Seed round for a startup taking on Salesforce’s Slack and Meta’s… Read more »
An artificial intelligence (AI) startup of develop real-time data analysis of sales for retailers has raised $4 million in a Seed round led by Square Peg. GoodWork.ai is working with global retailers to build analytics AI for retail merchandise, finance and operations teams to make trade performance analysis fast and easy. The AI analyses the… Read more »
A Melbourne healthcare platform focused on managing NDIS services has topped up the $12.6 million Seed round it raised six months ago with an additional $20 million. Kismet previously banked US$8.2 million (A$12.6m) in its initial Seed round in March, with new reports that Singapore’s MassMutual Ventures has joined its share registry with the additional… Read more »
For millions with attention deficit hyperactivity disorder (ADHD), the traditional treatment is medications such as Ritalin and Adderall. But a Sydney medtech startup is hoping to change with with a headband that tracks and treats ADHD symptoms, without the side effects of drugs, in just 20 minutes daily. Neurode is the brainchild of neuroscientist Nathalie… Read more »
Early childhood edtech LoveHeart AI has raised $2.3 million in a Seed round for its “super-intelligent aide for educators”. The raise was backed OIF Ventures and Skalata. Loveheart was founded in 2022 by Himal Randeniya, who used the proceeds from his first venture, Project Academy, to buy and run several early childhood education centres. He… Read more »
A fintech tackling one of the toughest pain points of going on holidays – having to book so far in advance for cheaper fares, and finding the money at the time to do it – has raised one of 2024’s biggest Seed rounds, taking on its first external capital after six years of bootstrapping. The… Read more »
Three years after selling A Cloud Guru for $2 billion, cofounder Sam Kroonenburg is back in early-stage startup land with an AI-based adtech and $5.5 million in Seed funding to kick it off. His new play is Cuttable, an automated content marketing agency that’s like Canva-for-ads, so users can create digital advertising rapidly, at a lower… Read more »
Sydney startup Fugu Carbon has raised $1.67 million in a Seed round to ramp up production of its low-cost CO2 capture technology. The round was led climate tech-focused Sydney VC Investible, with support from Andrea Gardiner’s Jelix Ventures, as well as Melbourne climate tech fund Electrifi, and Counteract, a London-based VC specialising in carbon removal.… Read more »
A New Zealand data analytics startup using machine learning to detect suspicious activity by vessels at sea has raised a NZ$5 million (A$4.6m) in a Seed round. The round for Starboard Maritime Intelligence was led by Kiwi VC Altered Capital, supported by Icehouse Ventures, Invest South, Soul Capital, and Whakatupu Aotearoa Foundation, as well as marine-focused… Read more »
Women’s healthtech startup Femtek has raised $1 million in Seed funding to give women better data around their menstrual cycle. The round was led by startup incubator and early-stage investor Arcanys Ventures, which also has an office in Melbourne led by managing partner Frederic Joye, alongside Philippines-based software outsourcing and a Swiss office. Techstars and… Read more »
Food redistribution platform Yume has raised $2 million as a Seed round as it looks to address food waste by connecting food manufacturers with surplus stock with businesses and charities that can use it. The round was led by Investible via its Climate Tech Fund, Investible’s Early Stage Fund 2 and Club Investible syndicate, with… Read more »
The Queensland government has startup grants worth up to $200,000 up for grabs 
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