Honey Insurance, Richard Joffee
Funding

Insurtech startup banks $108 million Series A

- April 8, 2024 < 1 MIN READ

Three-year-old insurtech startup Honey Insurance has raised $108 million in a Series A that’s lured in US investors Founded by entrepreneur Richard Joffe, cofounder of US-based Park Assist and Stella.ai, Honey launched in 2021. It raised a record $15.5 million in a Seed round led by underwriting partner RACQ and other institutional investors, including AGL,… Read more »

Funding

Banking fintech Constantinople pockets $50 million Series A

- April 2, 2024 < 1 MIN READ

Banking-in-box fintech Constantinople has raised $50 million in a Series A. The round was led by Dutch internet investment firm Prosus Ventures, with support from existing Australian backers Square Peg and AirTree. The Sydney startup, founded in 2022 by former Westpac managers Macgregor Duncan and Dianne Challenor, previously raised US$23 million (A$32m) in a Seed… Read more »

ProcurePro cofounders Nathan Dench, Jesse Dymond, Alastair Blenkin, Tim Rogers and Tom Newby
Funding

Construction software startup ProcurePro builds $6.15 million Series A for UK expansion

- January 29, 2024 2 MIN READ

Queensland construction industry procurement platform ProcurePro has raised $6.15 million as it looks to take on the UK market.  The company’s first external round was backed by AirTree and industry expert Leigh Jasper through his VC fund Saniel Ventures.\ The capital raised from ProcurePro’s first venture round will help accelerate growth in the UK as a key… Read more »

Singer and investor Angus Stone, with Eden Brew CEO Jim Fader, and backer Bernard Fanning
Funding

Rock stars Bernard Fanning and Angus Stone, and Paralympian Dylan Alcott, back dairy replacement startup Eden Brew in $25 million Series A

- October 3, 2023 2 MIN READ

Dairy alternative startup Eden Brew has raised $24.4 million in a Series A as it prepares to bring its animal-free products, including milk and ice cream, to market.  The two-year-old venture, created as a joint-venture by northern NSW dairy co-op Norco, CSIRO and its VC arm, Main Sequence Ventures, uses a fermentation process to brew… Read more »

Infravision cofounders Chris Cox and Cameron Van Der Berg
Funding

Drone-based power line installation startup Infravision lands $36 million Series A

- October 2, 2023 2 MIN READ

A Queensland startup helping power up America with drones to roll out power line upgrades has raised $36 million in a Series A. The round for Infravision was led by US sustainability investor Energy Impact Partners (EIP), supported by Equinor Ventures and Edison International (EIX). Robotics engineer Cameron Van Der Berg and military veteran Chris Cox… Read more »

Amp cofounders Cameron Priest and Patrick Barnes
Funding

Exit kings return with an 18-month-old ecommerce startup that just banked $28.5 million Series A

- September 12, 2023 2 MIN READ

The founders of TradeGecko and Advocately, Cameron Priest and Patrick Barnes, are back with a bang thanks to their new e-commerce startup, Amp, which has secured US$18.5 million (A$28.5m) in a series A, having only launched last year.  AMP is their solution for the challenge retailers face in using dozens of different apps to run… Read more »

Satellite Orbiting Earth
Funding

Satellite inspection startup raises $12 million Series A

- August 22, 2023 2 MIN READ

Sydney satellite monitoring startup HEO Robotics has raised $12 million in a Series A two years after its last round. The raise was led by Sydney VC AirTree Ventures with support from the new $40 million sovereign capabilities early-stage fund Salus Ventures. Salus invest up to $1.5 million into initial rounds for cutting-edge tech for… Read more »