Tanck is a startup described as a ‘secret weapon’ for NFPs and social sector organisations when it comes to government relations and engagement. Founded in 2020 by Angus Crowther and Neil Pharaoh, Tanck is a small team of political gurus who share their political knowledge and experience with organisations who want to change the world… Read more »
Founder Edwina Sharrock says the decision to exit from her 8-year-old edtech startup Birth Beat is like selling a child. The childbirth education platform has been acquired by Device Technologies for an undisclosed sum. Birth Beat offers comprehensive, interactive digital childbirth education, as well as baby and child first aid courses, that have helped more… Read more »
A defence tech startup that helps drones and airborne surveillance craft “see” better has raised $4.45 million in a Seed round. The investment in Arkeus was led by CSIRO deep tech VC Main Sequence, with participation from Steve Baxter’s new defence-focus fund, Beaten Zone Venture Partners, and Salus Ventures. The capital is allocated towards scaling… Read more »
Every now and again you hear about a technology that has so much transformative potential that it’s hard to wrap your head around it. The team from Ubiquetherm humbly refers to their invention as ‘the next generation of heating and cooling.’ What they are actually creating, is a breakthrough product that could have dramatic and brilliant… Read more »
Legal industry collaboration platform Nexl has raised $6.6 million in a Series A as it looks to modernise business law. The round was co-led by Shearwater Capital and existing backer EVP. The business has now raised $10 million in 2023. Philipp Thurner, the former head of innovation at top tier law firm Gilbert and Tobin,… Read more »
The federal government’s flagship $392 million Industry Growth Program has been officially launched, with grants of up to $5 million available for startups and small businesses. The $392.4 million program was unveiled in the May budget, replacing the former Coalition government’s Entrepreneurs’ Programme, which was embroiled in controversy due to bungled procurement processes. The aim of the… Read more »
Women-founded and focused superannuation fintech Verve Super has been acquired by the parent company of Simon Sheikh’s Future Super, just five months after raising $3 million in a pre-Series A. Verve cofounder and CEO Christina Hobbs announced news of the deal on Wednesday saying it gives the five-year-old startup the ability to leverage Future Group’s… Read more »
New Zealand’s most active venture capital firm Icehouse Ventures, says it has “VCed itself” after raising NZ$10 million (A$9.3m) in equity capital. The raise was supported by business leaders and family offices across Aotearoa, as well as Japan, Singapore, Hong Kong, the United Kingdom, Belgium, Germany, and the US. Icehouse’s backers are a who’s who… Read more »
New Zealand funds management software startup Caruso has raised A$3 million in Seed funding as it looks to cross the ditch as establish an Australian office. The round was led by Kiwi VC Icehouse Ventures, with support from GD1, Chris Heaslip, founder of Pushpay, and the Rae family of Gull Oil. Caruso plans to add… Read more »
Artificial intelligence loans assessments platform Rich Data Co has raised $28 million (US$17.5m) in a Series B as it looks to ramp up its North America expansion The round was led by Westpac and Nasdaq-listed cloud banking firm nCino, supported by existing backer BMYG and a new investor, Singapore-based Octava Fund. The funds will be used… Read more »
Australian fintechs are looking offshore for success, hampered by the funding climate and regulatory complexity account to the latest EY FinTech Australia Census. The eighth census, a collaboration between Ernst & Young and industry group FinTech Australia, reveals a mature sector that overall is performing well. A record 88% of respondents said they are post-revenue,… Read more »
Crowd-sourced funding (CSF) fintech Birchal is hoping to raise $3 million in a second campaign on its own platform. The capital raising platform, which has been popular with brewers, medicinal cannabis ventures and impact cleaning products startup Zero Co launched in 2018 when crowd-funding was legalised, has facilitated more than 100 capital raises worth $190… Read more »
SBE Australia will expand its services supporting women entrepreneurs in Victoria thanks to support from LaunchVic. The state government-backed startup agency is provided a $100,000 grant towards the development of SBE Advisory, to ensure that women-led businesses are receiving much needed independent, bespoke advice and more tailored solutions needed to amplify their growth and scale.… Read more »
The University of New South Wales (UNSW) has become the first tertiary institution to implement the federal government’s accredited Startup Year program for recent university graduates. Federal industry and science minister Ed Husic confirmed plans for the HECS-style loans program, an election promise designed to back university students to launch their own startups ideas, late… Read more »
Virtual reality property walkthrough startup EnvisionVR has raised $2.585 million in a round backed by industry leaders. EnvisionVR, founded in 2019, is a mobile platform that uses virtual and augmented reality experiences for the off-the-plan property developments. In the last 18 months, more than $500 million worth of property has been showcased and sold by… Read more »
Job-ready sales talent edtech Earlywork banks $1.5 million Seed round 
Sweat re-equity: Bikini Body founders Kayla Itsines and Tobi Pearce buy back their fitness app 
Airtasker cofounder Jonathan Lui’s proptech app, Soho, banks $750,000 to hit $20 million valuation 
B2B BNPL BizPay, which hoped to list at a $400 million valuation, has been placed in voluntary administration 
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