Video editing subscription startup Clipchamp – think Canva for moving images – has raised $13.2 million in a Series A as it pushes into the US market. The round was led by Seattle VC firm Tola Capital with support from Steve Baxter’s syndicated investment platform, TEN13, and existing investors. Tola Capital partner Aaron Fleishman will… Read more »
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 »
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 »
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 »
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 »
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 »
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.
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.