Stephen Scheeler
Funding

Gina Rinehart backs AI brain mapping startup Omniscient in $89 million Series C

- June 12, 2024 2 MIN READ

Mind mapping startup Omniscient has raised US$60 million (A$89m) in a Series C as it uses artificial intelligence (AI) to decode the human brain. The raise was backed by mining magnate Gina Rinehart and existing investor Will Vicars, the billionaire chief investment officer at Caledonia. The five-year-old startup previously raised $40 million in a Series… Read more »

Gentrack CTO Mark Rees with Amber's Chris Thompson, his boss Gary Miles and Amber's other cofounder Dan Adams
Funding

Energy retailer Amber recharges with $29 million Series C

- February 1, 2024 2 MIN READ

Power retailer Amber Electric has raised $29 million in a Series C as it looks to take its battery and EV automation software offshore. ASX-listed billing and CRM provider Gentrack led the round with $12 million, building a strategic partnership with Amber to bundle its billing and customer care with Amber’s battery and EV automation… Read more »

A Fleet Space Centauri 4 nanosatellite
Funding

Nanosatellite startup Fleet Space raises $50 million Series C

- May 24, 2023 2 MIN READ

Fleet Space Technologies has raised $50 million in a Series C round that values the South Australian satellite startup at more than $350 million. The round was led by existing backers Blackbird, with support from Atlassian cofounder Mike Cannon-Brookes’ Grok Ventures, Alumni Ventures and super fund Hostplus. New to the cap table are TelstraSuper, former… Read more »

Eucalyptus
Funding

Telehealth brands startup Eucalyptus lands $50 million from Woolies, Mary Meeker & Blackbird

- April 28, 2023 3 MIN READ

Concerns over mail order weight loss brands Juniper and Pilot by Australian doctors haven’t dampened investor appetite its parent telehealth company, Eucalyptus, which has raised $50 million on a $520 million valuation. The round was backed by several existing Eucalyptus investors,  including Blackbird Ventures, the Woolworths VC fund W23, and US investor Mary Meeker’s BOND… Read more »

Synchron inventor Professor Nicholas Opie
Funding

Jeff Bezos & Bill Gates back Australian brain-computer interface startup Synchron in $110 million Series C

- December 16, 2022 2 MIN READ

Cutting-edge Australian tech scale-up  Synchron, which hopes to give paralysed people the power to control computers with their minds, has raised $110 million in a Series C. Synchron is a clinical-stage endovascular (inside the blood vessel) brain-computer interface (BCI) company founded in 2016 by Dr Tom Oxley and Professor Nick Opie. It is based in Brooklyn, New… Read more »

Funding

Fintech Shaype lands $33 million Series C

- October 3, 2022 2 MIN READ

Embedded finance platform Shaype has raised $33 million in a Series C round that has delivered a significant increase in the fintech’s valuation. Regal Funds Management led the round, which also included family offices.  The cash will be used to accelerate growth, with particular focus on expanding the team to support Australian clients, as well… Read more »

unicorn dog
Funding

JUICY BONE: Pet Circle tossed $125 million Series C treat

- December 7, 2021 2 MIN READ

Ecommerce retailer Pet Circle has raised $125 million in a Series C. The round was led by US investment firm Prysm Capital and Sydney-based TDM Growth Partners, with existing backer AirTree Ventures joined by new investor Baillie Gifford from the UK While the international investment has been announced, it’s still subject to regulatory approvals. The… Read more »

Other

Accounting client engagement software platform raises $69 million series C

- November 18, 2021 2 MIN READ

A Sydney client engagement platform for professional services companies has raised $US50 million ($A69m) in a Series C round. The raise for Practice Ignition was led by US-based JMI Equity, making its first Australian investment. Existing investors Tiger Global and EVP also backed the raise along with several strategic angel investors and family office groups.… Read more »

Shadi Haddad
Funding

Fintech Till Payments raises $110 million series C

- September 30, 2021 2 MIN READ

Sydney payments fintech Till Payments has raised $110 million in a  Series C. The round was backed by local and US investors, including Avenir Growth, Woodson Capital and Akuna Capital. Long-term backer Regal Funds Management once again supported the raise, along with several Till customers. The  series C follows raises in 2019 and 2020, taking total funding to $145 million.… Read more »