Funding

Healthcare startup Harrison.ai lands $129 million Series B

- December 1, 2021 2 MIN READ

Artificial intelligence (AI) healthcare startup Harrison.ai has raised US$97 million (A$129 million) in a series B to ramp up its global joint venture ambitions in medical diagnostics. Existing backer Horizons Ventures, the VC firm of Hong Kong billionaire Li Ka-shing, led the round. It was supported byBlackbird Ventures and Skip Capital, with new investors Sonic… Read more »

Fleet Space Technologies
News & Analysis

Nanosatellite startup Fleet Space raises $36 million series B

- November 17, 2021 2 MIN READ

Adelaide satellite startup Fleet Space Technologies has raised US$26.4m (A$36m) in a series B. The round was led by existing backers Artesian Venture Partners, Blackbird Ventures, Mike Cannon-Brookes’ Grok Ventures, and Horizons Ventures – the private investment arm of Hong Kong billionaire Li Ka-shing – with new investors including Alumni Ventures, Hostplus, the South Australian… Read more »

Funding

Atlassian co-founders back e-bike startup Zoomo in $80 million series B

- November 15, 2021 2 MIN READ

Atlassian co-founders Mike Cannon-Brookes and Scott Farquhar have backed electric delivery bike startup Zoomo in an A$80 million series B. The round was led by Grok Ventures, Cannon-Brookes’ family VC, supported by Farquhar’s private VC, Skip Capital and ArcTern Ventures. Existing investors, AirTree Ventures, the Clean Energy Finance Corporation (CEFC), Contrarian Ventures and Maniv Mobility also participated in the round.… Read more »

First AML
Funding

New Zealand anti-money laundering startup First AML raises $30 million series B

- November 2, 2021 2 MIN READ

Anti-money laundering regtech startup First AML has raised A$28.7 million (NZ$30m) in a series B. The round was led by Blackbird Ventures, with support from new investors Headline Ventures, and existing backers Pushpay founder Eliot Crowther, US firm Bedrock Capital and Kiwi VC Icehouse Ventures.  Blackbird partner Samantha Wong will join the board. The funds… Read more »

QuintessenceLabs Vikram Sharma
Funding

Quantum cybersecurity firm QuintessenceLabs raises $25 million series B

- October 31, 2021 2 MIN READ

Canberra-based quantum cybersecurity venture QuintessenceLabs has raised $25 million in a series B. The round was led by the CSIRO’s VC fund Main Sequence Ventures and Canadian VC TELUS Ventures, with additional participation from Mizuho Financial Group-backed InterValley Ventures, which helps early stage Australian tech companies crack the Japanese market, and Capital Property Group.  The… Read more »

Gavin Dietz Wattwatchers
Funding

Energy startup Wattwatchers raises $5.3 million series B

- September 27, 2021 2 MIN READ

Digital energy platform Wattwatchers has raised $5.3 million in the Series B round. The round was led by private equity impact investor Kilara Capital’s new Growth Fund, with the Clean Energy Finance Corporation (CEFC), doubling down on the startup after backing its series A and initial capital raise in 2017 through its specialist Innovation Fund.… Read more »

James and Robbie Ferguson
Funding

Gaming startup Immutable raises $82 million series B for Ethereum NFT trading play

- September 15, 2021 3 MIN READ

Sydney gaming startup Immutable has raised A$82 million to ramp up its Ethereum-based trading platform in non-fungible tokens (NFTs). The round was co-led by California’s BITKRAFT Ventures and Sydney’s King River Capital. Other backers include AirTree Ventures, Prosus Ventures, Galaxy Interactive, Fabric Ventures, FTX, Reinventure, Apex Capital, and VaynerFund. The raise comes two years after… Read more »

Prospection
Funding

Healthcare data analytics startup raises $45 million series B

- September 13, 2021 2 MIN READ

Sydney health analytics startup Prospection, which uses AI and machine learning to provide patients insights on potentially life-threatening diseases, has raised $45 million in a series B. The round was led by Ellerston Capital’s JAADE fund, chipping in $30 million, with the balance coming from existing backers, the CSIRO VC fund Main Sequence Ventures, and Hong… Read more »

Sydney
Funding

Digital twins startup Willow builds $58 million pre-series B backed by former Macquarie boss Nicholas Moore 

- September 10, 2021 2 MIN READ

Sydney-based digital twin tech startup Willow has raised US$43 million (A$58 million) in a pre-Series B. Existing shareholders, including Willow Chairman Nicholas Moore, the former Macquarie Group CEO, and Willow director Jim Cooney, doubled down on their investment along with institutional investor Perennial Value Management. The four-year-old software venture also took on WatermanCLARK co-founder Ric Clark, the former… Read more »

Pasha Rayan, Tom Brunskill
Funding

Workplace skills edtech Forage raises $35 million series B

- August 20, 2021 2 MIN READ

Skills training startup Forage has raised US$25 million (A$35m) in a series B. The round was led by Blackbird Ventures, with participation from Telstra Ventures, Citi Ventures, Gaingels, Cap Table Coalition, ETF@JFFLabs and existing investors Lightspeed Venture Partners and FundersClub. The raise comes less than 12 months after the four-year-old Y Combinator graduate, previously known as InsideSherpa, landed a US$9.3 million series A. Forage… Read more »

Funding

Debt collection fintech Indebted raises $25 million series B

- July 19, 2021 2 MIN READ

InDebted, the Sydney fintech that successfully collects outstanding debts with digital carrots rather than sticks, has raised $25 million in a series B. The round was led by Perennial Value Management alongside follow-on investments from Carthona Capital, Reinventure and Mass Mutual Ventures Southeast Asia, as well as several prominent local investors, including former Tiger Global… Read more »