Andreessen Horowitz’s legendary US VC fund a16z, has led a US$6.75 million (A$9.76m) Seed raise into Australian women-led game studio Lumi Interactive. The oversubscribed round was also backed by 1Up Ventures, Galileo Ventures, Heracles and Double Loop Games founder Emily Greer. Lumi sees its mission as making the world a kinder place, and plans to… Read more »
Video collaboration scaleup Vloggi has secured a key angel investor at it looks to raise $1 million in a Seed round Vloggi founder Justin Wastnage said serial entrepreneur Sascha Manuel-Reuter, founder of file transcoding platform Doctape, made a “significant commitment” to the raise. Manuel-Reuter sold Doctap to Atlassian in 2014 and it’s now integrated into… Read more »
AI-based stormwater and sewerage pipeline maintenance software VAPAR has raised AUD$2,500,000 in seed funding for its global expansion plans. The raise was backed by LSE-listed Halma Ventures and Australian Sprint Ventures, Access Capital Ventures and Barry Winata’s Metagrove Ventures. Female engineers, Amanda Siqueira, CEO, and Michelle Aguilar, CTO, co-founded VAPAR in 2018 after witnessing first-hand… Read more »
MenuAid, a food tech startup helping answer the “What’s for dinner?” question, has raised NZ$1 million in Seed funding New Zealand specialist agritech and foodtech seed-stage investor Sprout led the round after the startup completed its accelerator program earlier this year. MenuAid is a subscription-based meal planning and food delivery platform that offers personalised recipes… Read more »
Product and pricing management SaaS startup ProductEngine has raised $1.2 million in Seed capital. The round was led by venture capital firm Folklore, with support from accelerator program Startmate. The Brisbane startup will use the investment to double its team and expand into new markets, including the US and Europe. Founded in 2019 by Jarrad… Read more »
Sydney drone startup Aerologix, which describes itself as “Uber for drones”, has raised $4.2 million in Seed capital. The round led by Ellerston Capital and Lindsay Phillips’ Nightingale Partners, following on from an earlier pre-seed raise Aerologix will use the capital to invest in additional research and development, bolster its commercial team and to launch overseas. … Read more »
Sydney tech startup Kinde has raised $10.6 million (US$7.55m) in seed funding. The round was led by Blackbird Ventures, supported by Californian VC Felicis Ventures, which previously backed local tech companies Canva, Culture Amp and Dovetail. The startup hopes to “democratise” software engineering by providing the infrastructure SaaS ventures need to get started. Kinde was… Read more »
Australian proptech venture PropHero has raised $1.6 million seed round for its property investment platform. The round was led by GFC Global Founders Capital and supported by AfterWork Ventures, Jelix Ventures and The Fund. The cash is earmarked to improve the company’s data models and digital customer experience, key hires, and to expand the footprint nationally across Australia… Read more »
Wollongong Internet of Things (IoT) startup Binary Tech has raised $1.8 million in a seed round as it looks roll out supply chain IoT devices. The round was led by Artesian Ventures, joined by Beachhead VC and angel investors including Dr. Craig Davis, Peter McKie and Nick McNaughton. McNaughton will join the company’s board. Founder… Read more »
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 »
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