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 »

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Funding

Mind mapping startup’s $40 million Series B backed by mining billionaire Gina Rinehart

- July 12, 2021 2 MIN READ

A Sydney data startup developing using machine learning software to map the brain and treat disorders such as depression, dementia and PTSD has raised $40 million in a series B. The investors reportedly include Western Australian mining billionaire Gina Rinehart and Sydney’s Gretel Packer, as well as Platinum Asset Management co-founder Kerr Neilson, and Caledonia… Read more »

Other tech

CBA backs energy startup Amber in $20m series B

- May 27, 2021 2 MIN READ

The Commonwealth Bank has made a second major investment in a digital startup, investing $20 million in a series B round for electricity retailer Amber. The deal follows a $30 million investment by CBA for a 23% stake in e-commerce retail platform Little Birdie. The Amber investment gives CBA a 25% stake in the business.… Read more »

Other tech

New Zealand agritech startup Halter has raised $29 million in Series B for a ‘cowgorithm’ to create fenceless farming

- April 27, 2021 3 MIN READ

A New Zealand agritech startup fitting cows with GPS-enabled solar collars to “guide” cows around pastures using sound and vibrations, creating virtual fences via an app, has raised A$29 million in a series B round. Halter says it is bridging the gap between human and animal understanding to transform farming. The series B round was… Read more »

Funding

Linktree clicks on $59 million in Series B

- March 26, 2021 < 1 MIN READ

Melbourne-based social media venture Linktree has tapped the market for more cash, just five months after its A$15 million series A, raising another US$45m (A$59m) in a Series B The round was co-led by European VC Index Ventures, and New York’s Coatue. AirTree Ventures and Insight Partners returned as investors with a Who’s Who of… Read more »

Topics

Goldman Sachs backs $70 million series B for Sydney cybersecurity startup Secure Code Warrior

- December 11, 2019 2 MIN READ

Global cybersecurity startup Secure Code Warrior has raised US$48 million (AU$70m) in Series B funding in a round led by US investment bank Goldman Sachs. A number of US investors, including the investment arm of IT multinational Cisco and ForgePoint Capital also joined the round alongside existing backers AirTree Ventures and Paladin Capital Group, who… Read more »