Quantum startup Q-CTRL lands $39 million in Series B top up led by Salesforce Ventures

- February 1, 2023 3 MIN READ

Salesforce Ventures becomes new investor Wallabies legend John Eales also backed Q-CTRL A record A$74m was raised in the Series B Sydney quantum software startup Q–CTRL has raised US$27.4 million (A$39m) in an extension of its Series B Several new investors joined Q–CTRL’s cap table, including Salesforce Ventures, the VC arm of the US software… Read more »


Telstra Ventures backs renewables software startup OpenSolar in $22 million series B

- January 12, 2023 2 MIN READ

Australian-born US-based solar panel design and sales platform OpenSolar has raised US$15 million (A$22m) in a Series B. Telstra Ventures led the round, announced last month, with support from sustainability fund 2150 and existing investors including Jeff Tannenbaum’s Titan Grove and solar entrepreneurs Alec Guettel and Howard Wenger. The funds will be used to expand… Read more »

Marcello La Rosa

Salesforce backs Melbourne Uni spinout in $15.8 million Series B

- December 6, 2022 2 MIN READ

A startup spun out of Melbourne University to help companies improve their processes has raised US$10.3 million (A$15.8m) in a Series B. Apromore enables business teams to quickly visualise and analyse their processes to unlock value or identify strategies for transformation or optimisation. The raise was backed by Salesforce and  German software vendor GBTEC, which also… Read more »


Morse Micro tops up Series B with another $30 million from super funds

- November 28, 2022 2 MIN READ

Local semiconductor company Morse Micro has added another $30 million to its Series B raise, just 10 weeks after pulling in $140 million in the first stage of the round, including $100m from Japanese chipmaker MegaChips. The time local superannuation funds, including TelstraSuper, HESTA, Hostplus and NGS, managed by Blackbird, and UniSuper, managed by Uniseed,… Read more »


Millennial focused travel startup banks $10 million Series B

- October 7, 2022 2 MIN READ

Brisbane-based youth travel experience startup Travello has raised $10 million in a Series B. The round was led by Queensland Investment Corporation (QIC) with further investment coming from Paspalis Innovation Investment Fund. The cash injection will be used to consolidate its position as a leading tour and travel experiences brand for millennials and prepare for… Read more »


Workplace wellness startup Sonder banks $35 million Series B

- September 16, 2022 < 1 MIN READ

Workplace wellbeing startup Sonder has raised $35 million in a Series B funding. The round was led by Blackbird Ventures with SEEK Investments and SecondQuarter Ventures also tipping in as new investors. Blackbird’s Niki Scevak will join the company’s board.  The new capital is earmarked for product improvements on the safety, medical and mental health… Read more »