Sydney-based Vow, a cultured meat company, has raised US$49.2 million (A$73.5m) in Series A funding. The raise was led by local VC Blackbird and Prosperity 7 Ventures, with support from Toyota Ventures, Square Peg, Grok, Cavalio, Peakbridge, Tenacious Ventures, HostPlus Super LP, NGS Super and Pavilion Capital. It’s a record for a series A raise… Read more »
Recycling startup Samsara Eco has raised $54 million in a Series A round as it looks to reduce plastic pollution. Existing backers, including CSIRO’s deep tech fund Main Sequence, Woolworths Group’s W23 and Clean Energy Finance Corporation (CEFC) Innovation Fund were joined. by new investors Breakthrough Victoria, Singapore’s Temasek, Assembly Climate Capital, DCVC and INP Capital… Read more »
Climate tech startup Greener has raised a strategic $4 million in a Series A to help small businesses move towards net zero emissions The round was led by NAB Ventures with support from RealVC. The company previously raised $1 million in Seed funding 12 months ago. Founder Tom Ferrier said 300g of CO2 is attached… Read more »
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 »
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 »
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 »
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 »
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 »
New Zealand customer messaging platform Atomic.io has raised $4.5 million in a Series A. The round was led by veteran Wellington VC Movac, supported by K1W1, Hoku and existing investor and Atomic director Rod Drury as well as fellow Xero cofounder Hamish Edwards, along with former Xero execs Paula Jackson, Alistair Grigg, Paul Williams, and Ben… Read more »
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 »
Victorian stretch wrap startup Great Wrap has raised $11 million in a Series A as it looks to ramp up production of its compostable potato-based alternative to plastic. The $11 million equity round was backed by Darren Thomas, W23, Grill’d Innovation Fund, Giant Leap, Small Giants, Thai Wah Ventures, GroundSwell, Trail Mix Ventures and Springbank… Read more »
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 »
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 »
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 »
Byron Bay-based real-time merchant payments fintech Zepto (formerly Split Payments) has raised $25 million in a Series A. The round was led by Sydney VCs AirTree Ventures and Decade Partners. The cash is tagged for domestic growth as well as international expansion, strategic hires and developing new functionality for Zepto’s on top of the New… Read more »
‘Have I gone too far?’ How founders can beat their startup demons 
Smart hotels get even smarter: 72 Byte to launch in Australia with AI expert backing 
Tassie carbon accounting startup banks $5.3 million Seed round 
Eucalyptus head of growth Matt Rossi departs to launch his own marketing startup, Oodle 
Daily startup news and insights, delivered to your inbox.
