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 »
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 »
It’s a startup with the potential to turn into unicorn, according to one of the country’s highest profile investors, Steve Baxter, who’s just led a $1 million seed round in Brisbane video platform Clipchamp, with the former Shark Tank shark declaring it “Canva for video”. Canva, the Sydney graphic design startup founded by Mel Perkins… Read more »
Australian small business lending marketplace Bigstone has secured $3 million in a seed funding round led by CVC Limited, Lighthouse Venture Partners and Australian private investors. The funds will be used to fuel expansion and extend the reach of the fintech’s small business loan market capabilities.