Online grocery supermarket VOLY has raised $18 million in a seed round just five months after launching. The round was led by Sequoia Capital India, with increased backing from Global Founders Capital (GFC) and Australian-based Artesian Capital. The business launched in July 2021 seeking to take on the rapid food delivery market with a promise… Read more »
Venture capital firm Skalata Ventures has revealed its latest round of early-stage company investments, following the launch of its 4th Seed Investment Program. The baker’s dozen takes the total Skalata portfolio to 43 since its launch in 2018, backed by Melbourne businessman Paul Little and Darrell Wade. This year the Melbourne VC has increased its… Read more »
Among the flurry of investments voracious US firm Tiger Global made earlier this year, as the world’s most active startup investor, another Australian startup caught its eye back in March, scoring a US$20 million (A$28m) seed round. Another nine months has passed in “stealth mode” and the online used car dealership, Carma is now looking… Read more »
Sydney-based asynchronous video messaging scale-up Vloggi, has opened its $3 million seed capital raise to international investors to align with its rapidly growing global customer base. Founder and CEO, Justin Wastnage said the A$3 million raise is in two tranches. The first A$1 million is targeting angel investors with a larger discount and lower valuation… Read more »
Micro-training platform Hindsite has landed an $3.25 million seed round as it looks to ramp up its global potential. 360 Trading founder Matt Kuppe, Greg Ruddock from Ironbridge Capital, Terry Hartan and Duncan Alexander led round, which values the business at $18 million. Previous backers include angel investor ACAC Innovation, along with friends and family,… Read more »
An events platform for the pandemic era, which connects conference delegates at virtual and hybrid events on any device, has raised $10 million in a seed round. Airtree Ventures led the raise for Delegate Connect, writing its largest seed cheque in the fund’s history. Also chipping in were Skip Capital, the private fund of Kim… Read more »
Sydney “nano-gifting” app Shouta has raised $1 million in a seed round backed by a range of startup entrepreneurs. The app, which launched in December 2020, allows users to instantly gift or ‘Shout’ anyone in their phone contacts by sending them a link to a digital, prepaid Shouta Mastercard. The reloadable card can be spent… Read more »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
Software startup Hudled, which has designed dashboard for growing companies to track and optimise their software stack, has raised $640,000 in a seed round as it officially launches the product and looks to expand into the US. The raise was backed by Black Nova Group, Antler and Sydney Angels, as well as several high profile… Read more »
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