A Cloud Guru co-founder and CEO Sam Kroonenburg is pouring some of the proceeds from his London-based startup’s $2 billion exit last year into local tech companies after signing on as venture partner with SecondQuarter Ventures. Kroonenburg, who founded his online learning business with his brother Ryan in 2015, landed one of 2021’s biggest M&A… Read more »
Age Up Health has secured investment from the Alice Anderson Fund, LaunchVic’s $10 million VC fund for female entrepreneurs. The fund offers up to $300,000 in matched capital to early-stage startups. Age Up, which launched in March 2020, provides home care packages to help elderly people stay in their homes, taking the sector into the… Read more »
Enterprise software startup Clear Dynamics has raised $35 million (USD$25 million) in Series B funding. The round was co-led by Colinton Capital Partners and OIF Ventures, alongside new investment from family offices and private investors. The Melbourne venture, which has seen its customer base grow four-fold in the US and Australia over the last year… Read more »
Sydney-based voice communication platform, Curious Thing has raised $7 million in pre-series A funding. The round led by private investment firm Hawkstone, supported by Blacksheep Capital and January Capital, with existing investors, Westpac’s VC fund Reinventure, and Qualgro, returning after backing a $1.5 million round in 2019. The cash injection will be used to help the… Read more »
US venture capital giant has once again backed online used car platform, Carma in a US$52 million (A$75m) Series A round. General Catalyst Partners led the round. MD Adam Valkin will join the Carma board. The US VC’s other local investments include Canva, BigCommerce and Buildkite Other international venture investors joining the round include Entrée Capital… Read more »
Brisbane licensing marketplace Layer has raised $3,888,888 in Seed funding The round was led by Carthona Capital, with support from Aura Ventures, TEN13, Flying Fox, Black Sheep Capital, LUXEM, Tribe Ventures and several angels, including Go1 co-founders Chris Eigeland and Vu Tran. Layer’s marketplace connects games with leading rights holders including Bruce Lee, Narcos, CareBears,… Read more »
Kiwi VC Global From Day 1 (GD1) has launched New Zealand’s first dedicated web3/crypto-focused venture capital fund. The US$5 million ($NZ7.65m) fund, ‘GD1 Crypto Fund 1’, will be led in-house by cryptocurrency and web3 expert Nawaz Ahmed, who’s signed on as a General Partner. It will look to invest in the next generation of web3/crypto… Read more »
Canberra medical imaging startup Aurabox has raised $500,000 in Angel investment to transform how doctors and patients collaborate and share medical imaging. Founded in 2021, Aurabox is a software-as-a-service platform that enables the seamless sharing of medical imaging between doctors and patients. The medtech startup plans to use the funds to complete technical development and run… Read more »
Giant Leap has become the first VC fund in Australia to set a minimum emissions reduction target for climate technology investments. The Melbourne impact investor has set a benchmark of 1 kilogram of carbon emissions avoided per $1 of revenue generated. Giant Leap Associate Charlie Macdonald said the minimum target was developed using data from… Read more »
A new venture capital fund, XT Ventures, led by Craig Lambert, founder of corporate innovation firm Slingshot, is on the hunt for startups in the sport, fitness, wellness and health sectors, with backing from health fund HCF. HCF’s tipped in a $5 million cornerstone investment in the XT Ventures High Performance Fund I, LP, through… Read more »
Biotech startup Ankere Therapeutics has raised $10 million in Seed capital to develop new therapies targeting inflammatory diseases, especially in the lungs. The funding round was co-led by IP Group and Brandon Capital, through Brandon BioCatalyst, and will support the company through its pre-clinical development and into clinical trials. Ankere, which has operations in both… Read more »
Melbourne startup One Key Access has raised $1 million in a pre-Seed round as it looks to solve the problem of parcel theft for deliveries to apartments. The startup, co-founded by former Australia Post employees Chanel Costabir and Raymond Ngai, emerged out of the Antler program last year. Antler, which made the initial investment in… Read more »
US VC powerhouse Tiger Global has once again backed logistics technology platform Shippit in a $65 million (US$48m) in an extension of its Series B round dubbed B2 Tiger also led Shippit’s $30 million Series B in December 2020. Another existing backer, Tidal Ventures, co-led this round with new investors including Leigh Jasper’s secondary fund, SecondQuarter,… Read more »
Share buying app Stake has raised an extra $50 million in a Series A extension 12 months after raising $40 million in its initial round. The world’s most active investor, US VC Tiger Global and DST Global Partners doubled down on the fintech in the extension raise, taking the total raised in over the year… Read more »
Vyro, the six-month-old startup looking to transform how electric vehicles are sold in Australia, has raised $1 million in Seed funding. The round was led by Ellerston Capital and Antler Australia, which delivered initial seed capital last year when Vyro was part of the Antler program. Also backing the Seed raise are several prominent angel… Read more »
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