Funding

Brisbane funds management fintech Jacobi Inc. lands $15.4 million Series A

- September 26, 2022 2 MIN READ

Investment tech platform Jacobi Inc. has raised US$10 million (A$15.4m) in a Series A led by Queensland Investment Corporation (QIC). QIC joined existing Silicon Valley investors Illuminate Venture Partners, 8VC and Western Technology Investment (WTI) in the round. Crystal Russell from QIC and Bill Miller from Makena Capital are joining the Jacobi board. The Brisbane-born,… Read more »

Funding

Marketing tech startup Livewire bags $4.7 million Series A

- September 26, 2022 2 MIN READ

Sydney startup Livewire, which brings gaming marketing to company promotions, has raised $4.7 million in a Series A. The round was led by RealVC – the first investment for Matt Berriman’s new fund – with participation from Perennial Private Ventures, Alua, Hills Cider Company cofounder Toby Kline, EA Asia Pacific founding regional president Nigel Sandiford… Read more »

David Walsh
Funding

Proptech CIM raises $10 million Series A

- September 20, 2022 2 MIN READ

Climate focused proptech startup CIM (Continuous Intelligent Monitoring) has raised  $10 million in a Series A. The round was led by Five V Capital, alongside Carthona Capital and several property executives, including Mark Steinert, former CEO of Stockland. The round values the business at more than $100 million. The new funds will be used to… Read more »

Funding

Insurer nib backs Queensland startup Midnight Health in $12 million Series A

- August 31, 2022 2 MIN READ

Brisbane startup Midnight Health has taken on a $12 million Series A investment from health insurer, nib, which values the 18-month-old healthtech brand builder at $48 million. The latest backing follows on from a $4 million initial investment from nib in November 2021. The fresh capital is earmarked towards technology investment, more staff, new product… Read more »

Funding

Device cybersecurity management startup bags $14 million Series A for global expansion

- August 30, 2022 2 MIN READ

Sydney-based Devicie has raised $14 million in a Series A to expand offshore with its end-user device security management software. The round was led by New York VC giant Insight Partners, supported Australian cyber security services provider CyberCX. Devicie previously raised $1.3 million in Seed capital from angel investors and the cybersecurity venture accelerator program… Read more »

Funding

Farmbot startup LYRO Robotics raises $1.5m pre-Series A to solve labour shortages

- August 1, 2022 2 MIN READ

Queensland startup LYRO Robotics has raised $1.5 million in a pre-Series A to help local farmers get their produce to market. The round was backed by several international and domestic investors, including Artesian/Boab AI and AgFunder joining original investor, Japan’s Toyo Kanetsu. LYRO has built the world’s first autonomous robot, which can pick up delicate fresh… Read more »

Funding

Student placement platform InternMatch bags $10 million Series A for global plans

- July 11, 2022 2 MIN READ

Intern placement company InternMatch has raised $10 million in a Series A as it looks to ramp up the global side of the business. The round, led by Canberra, property developer Doma Group, with the company’s advisory firm, Henslow, also chipping in alongside existing investors. The cash will support InternMatch’s expansion into Canada, the United… Read more »

Funding

Funerals startup Bare raises $10 million Series A

- June 21, 2022 2 MIN READ

Western Australian funeral industry challenger brand Bare has raised $10 million in a Series A. The round was led by Perennial Partners and Ord Minnett Private Capital. The company, previously known as Bare Cremation counts OIF Ventures, Athletic Ventures, Who Gives A Crap founder Simon Griffiths and former basketballer Andrew Bogut among its backers and… Read more »

Funding

Tiger Global doubles down on used car startup Carma’s $75 million Series A

- May 12, 2022 2 MIN READ

US venture capital giant has once again backed  online used car platform, Carma in a US$52 million (A$75m) Series A round. General Catalyst Partners led the round. MD Adam Valkin will join the Carma board. The US VC’s other local investments include Canva, BigCommerce and Buildkite Other international venture investors joining the round include Entrée Capital… Read more »

Funding

Tiger Global backs building marketplace ArchiPro’s $32 million Series A

- March 11, 2022 2 MIN READ

Building marketplace ArchiPro has raised $32.6 million in a Series A. The round led by New York-based Tiger Global, with support from Icehouse Ventures, and Queenstown-based Liger Trading. The business previously raised $4.7 million in 2021 from Kogan.com founder Ruslan Kogan and Catch.com’s Hezi Leibovich. The new funds will be used to accelerate ArchiPro’s local… Read more »

Funding

Construction app Canibuild nails $8 million Series A

- March 7, 2022 2 MIN READ

Residential building software platform canibuild has raised $8 million in a Series A. The round was led by EVP, with support from Regal Funds Management, with the funds earmarked towards growth in Australia, New Zealand and the US, and plans to expand into additional markets Founded in 2020 by Timothy and Stella Cocaro, Deepankur Malhotra… Read more »