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News & Analysis

Billionaire Alex Waislitz and regional media tsar Antony Catalano chip $6 million into AI-based proptech

- June 9, 2021 2 MIN READ

An AI-based chatbot startup that allows real estate agents to communicate with customers 24/7 has raised $6 million in a series A. Propic, which has two proptech solutions for agents and property managers to respond and communicate via automated conversational or text AI, was backed by former Domain boss Antony “The Cat” Catalano and billionaire… Read more »

Mike Powrie, founder, CloudWave
Funding

SaaS startup CloudWave lands $2 million series A to expand globally

- June 1, 2021 2 MIN READ

The forced closure of customer contact centres during the coronavirus pandemic delivered a silver lining for Cloudwave, which has raised $2m in a series A to expand into Asia and the US. The oversubscribed $2m round was led by Moelis Investment Bank, supported by Singapore-based VC fund Vulpes Investment Management. The cloud-based Software-as-a-Service (SaaS) startup… Read more »

News & Analysis

Fractional property investment platform Bricklet raises $3 million in series A backed by News and REA Group

- February 9, 2021 2 MIN READ

Rupert Murdoch’s News Corp and REA Group are among several high profile investors backing a $3 million Series A round by fragmented property platform Bricklet, valuing the startup at $28 million after just 18 months. Original investors Lakeba, Mirvac Group (ASX: MGR), Stockland (ASX: SGP) and Mihubb also joined the round, along with property investment… Read more »

Funding

Social media enabler Linktree takes on its first funding with a $15m series A

- October 27, 2020 < 1 MIN READ

Melbourne-based social media venture Linktree has ended four years of bootstrapping, taking on $15 million (US$10.7m) in a series A round to expand globally. Linktree is a free tool to optimise internet presence for a celebrity, company or blogger, curating content across social media sites such as Instagram, Facebook, YouTube and Twitch, sending viewers to other… Read more »

News & Analysis

Mike Cannon-Brookes backs $5 million series A for breakthrough solar cell startup SunDrive

- October 26, 2020 2 MIN READ

A $9 million project to make cheaper rooftop solar panels by replacing the silver in production with copper has attracted $8 million in funding. The cash for NSW startup SunDrive includes $5m Series A investment led by Blackbird Ventures and Grok Ventures, the family investment fund of Atlassian co-founder and renewable energy campaigner Mike Cannon-Brookes and… Read more »

News & Analysis

Office desk phone killer Spoke Phone just raised $6.7 million in Series A

- January 16, 2020 2 MIN READ

  Business telecom startup Spoke Phone has raised $6.7 million in Series A funding, led by Sydney private VC firm Marbruck Investments, supported by New Zealand-based Icehouse Ventures and Sir Stephen Tindall’s K1W1 fund.  Spoke Phone seeks to do away with the office desk phone, with a cloud-based, mobile-first strategy and is the only venture… Read more »

News & Analysis

The startup behind the Hungry Jacks Rebel Whopper just raised $35 million in series A

- November 26, 2019 2 MIN READ

v2foods CEO Nick Hazell, Hungry Jacks founder Jack Cowin and Main Sequence Ventures partner Phil Morle. Photo: supplied Fast food billionaire Jack Cowin partnered with the CSIRO’s innovation fund to create a plant-based burger The JV business, v2food, launched at the start of 2019, produced its burger within 8 months The mince ‘meat’ is made… Read more »

News & Analysis

MONEY BAGS: Luggage startup July raises $10.5 million

- October 15, 2019 < 1 MIN READ

July co-founders Athan Didaskalou and Richard Li, with Strandbags MD Felicity McGahan (centre). Melbourne luggage brand July, already set to book more than $5 million revenue in its first year, has raised A$10.5 million in a Series A, led by veteran accessories retailer Strandbags and a private investor. Strandbags is owned by Michael Lewis, chairman… Read more »

News & Analysis

Experiences startup AmazingCo raises $5.1 million

- September 13, 2019 2 MIN READ

AmazingCo founders Silvia Hope, Jeremy Cox and Nick Brozovic. Photo: Supplied Melbourne experiences platform AmazingCo raised AU$5.1m in a Series A round backed by Aconex co-founders Leigh Jasper and Robert Phillpot. Rampersand VC, Artesian and Macdoch Ventures were also part of the raise. The Series A follows a $2.3m seed funding round last year, with those… Read more »

News & Analysis

A uni-backed startup with a hydration booster for professional athletes just raised $1 million

- June 26, 2019 2 MIN READ

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 »

News & Analysis

Web development platform Codebots lands a $1.4 million Series A

- June 24, 2019 < 1 MIN READ

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 »

News & Analysis

Sugar-free drinks startup Nexba used crowdfunding to raise a quarter of its $6 million Series A round

- May 14, 2019 2 MIN READ

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 »