A new range of hydration-boosting drinks developed at an Adelaide university startup, already popular with professional cyclists, has just raised more than $950,000 in a pre-Series A round. Preserve Health Pty Ltd, Flinders University spin-out company, raised the funds for PREPD, a two-step hydration-enhancer designed to boost the absorption of sports drinks and water to… Read more »
Brisbane-based mobile and web development platform Codebots has raised $1.4 million in Series A funding to expand the platform and continue its global expansion. The funds have come from North Queensland investment group Evolution Financial, and private investors. Codebots was named the 2018 Queensland Startup of the Year at the national iAwards and earlier this year… Read more »
Brent Pearson, CEO and founder of Enboarder. HR platform Enboarder has raised AU$11.6 million in Series A funding as it seeks to expand in the US, Europe, the Middle East and Africa. The raise was led by US private equity firm Greycroft, returning after taking part in the previous $5 million round. New investors, Next… Read more »
Sugar-free drinks startup Nexba used crowdfunding to raise a quarter of its $6 million Series A round
Crowdfunding appears to be the new go-to capital tap for non-tech startups, with Sydney-based drinks brand Nexba the latest startup to tap its supporters for cash, setting a new record for Australia’s largest non-tech crowdfunding raise in the process. Nexba just scooped up $6 million in a Series A Round and as part of the… Read more »
The team behind Barbeques Galore just raised $20 million in series A funding for a children’s online tutoring business
Online tutoring startup Cluey, which wants to change the way kids learn using tech and AI, has raised $20 million in Series A funding. International technology investor Allectus Capital and Alex Waislitz’s Thorney Investment Group, including the listed Thorney Technologies Ltd, led the round, which takes the total raised to $31 million. Cluey is the… Read more »
Sydney rental management startup MadeComfy has raised $6 million in a funding round led by Investec, with participation from existing investors.
On-demand video startup Biteable raises $2.8 million as cybersecurity startup Kasada raises $2.5 million
Hobart video startup Biteable, which allows users to create simple marketing videos online, has raised $2.8 million in a Series A round led by existing backer Tank Stream Ventures and Microequities Venture Capital Fund.
Australian company Ansarada, whose platform providers virtual data rooms for deal makers, has raised a $24 million Series A round led by Ellerston Capital.
Property investment platform BrickX closes out $9 million Series A round with backing from NAB Ventures
With Reinventure having announced its investment in November, the closing of the Series A brings the total raised by the startup to date to $12.5 million.
Airwallex has secured a further US$6 million ($8.73 million) in follow-on Series A funding from local VC firm Square Peg Capital.
Tempus Partners has announced the establishment of ‘Tempus Fund 2’, a $40 million fund with which it will look to invest in local B2B and scalable startups.
Clean energy startup Brighte raises $4 million Series A led by Grok Ventures, Blackbird and Airtree invest in EARTH AI
Brighte has announced the close of a $4 million Series A round led by Grok Ventures, with the funds to be used to further build out the Brighte platform.
Hyper Anna has raised $16 million in a Series A round led by Sequoia China, with participation from existing backers Airtree Ventures and Reinventure.
Sydney email marketing platform Vero has raised $4 million in a Series A round from Square Peg Capital, its first funding boost since its launch in 2012.
Gilmour Space Technologies raises $5 million Series A led by Blackbird Ventures to further rocket technology
Gilmour Space Technologies has raised $5 million in a Series A funding round to continue the development of their low-cost rocket technology.