AirSeed
Funding

Drone seeding startup AirSeed Technologies is raising a Series A to deliver on a $200 million carbon capture fund

- April 4, 2023 2 MIN READ

Environmental restoration startup AirSeed Technologies is partnering with impact investment manager Conscious Investment Management (CIM) as it sets up a $200 million carbon sequestration fund. Carbon sequestration is the process of capturing and storing carbon dioxide (CO2) from the atmosphere or industrial emissions. AirSeed’s way of tackling the issue is through reforestation.  AirSeed was cofounded… Read more »

Funding

Firefighting virtual reality training startup FLAIM lands $6.7 million Series A

- April 3, 2023 2 MIN READ

A virtual reality firefighter training startup spun out of Deakin University has raised $6.7 million Series A, with the Victorian government’s investment fund Breakthrough Victoria, taking a minority stake in the business for $5 million. FLAIM Systems has developed what’s believed to be the world’s first fully immersive virtual firefighting training system, offering a safe… Read more »

Halter
Funding

Kiwi agtech Halter plants NZ$85 million Series C for its cow collars

- March 31, 2023 < 1 MIN READ

New Zealand agtech startup, which developed a GPS-enabled solar collar that “guides” cows around pastures using sound and vibrations, has raised NZ$85 million (A$79.5m) in a Series C. The round was led by US VC Bessemer Venture Partners with existing backers Blackbird, Rocket Lab founder Peter Beck Kiwi VC Icehouse Ventures and DCVC. Mechanical engineer Craig… Read more »

Simone Joyce Paypa
Funding

Queensland govt, Mastercard back fintech Paypa Plane in $10 million Series A

- March 31, 2023 2 MIN READ

Brisbane fintech Paypa Plane, which is at the forefront of instant payments, has raised $10 million in a Series A. The round was led by the Queensland Investment Corporation (QIC) through the government’s $100 billion Business Investment Fund, with support from payments platform Cuscal, Mastercard and Queensland VC Sprint Ventures. Paypa Plane is hoping to… Read more »

Wonki
Funding

Monash Uni students launch alcoholic seltzer brand Wonki via crowdfunding

- March 31, 2023 < 1 MIN READ

Three Monash University students have launched an alcoholic seltzer brand, Wonki, for pre-sale on the crowdfunding platform Pozible. They are almost halfway into raising the $30,000 target to turn Wonki into a ready-to-drink reality.  Wonki was developed at Monash’s Fastrack Accelerator program by cofounders Gabriel Tucker, Max Moolman, and Briget Lansell.  The alcoholic seltzer brand… Read more »

Stride Equity
Funding

VC-backed crowdfunding platform Stride Equity is offering a new funding model for startups

- March 28, 2023 2 MIN READ

A team of former Investec executives have launched Stride Equity an equity crowdfunding (CSF) platform backed by a venture capital fund, Stride Lead, in a model that looks to  rethink how startups raise funds. Stride Equity will evaluate each investment opportunity with experienced investors to choose the companies offered on the crowdfunding.  Startups seeking capital… Read more »

Funding

Fintech Lumiant banks $5.26 million in Seed round

- March 27, 2023 2 MIN READ

Financial advice fintech Lumiant has raised $5 million in a second self-described “Seed” round. The funding came from two growing independent advisory firms, Australia’s Invest Blue and US firm Savant Wealth Management.  Lumiant is a cloud-based advice platform designed to improve financial advisers’ and clients’ advice outcomes. The funding is earmarked for US expansion and… Read more »

Michele Stansfield
Funding

Female-founded fermentation startup Cauldron lands $10.5 million to transform how new foods and fibres are developed

- March 27, 2023 2 MIN READ

Cauldron speeds up development of new food, feedstock and fibre ingredients Its hyper-fermentation platform lowers commercial risk & production costs $10.5m Seed round led by Main Sequence + Horizons Ventures An ambitious plan to transform the way new food, feedstock and fibre ingredients are created, by using fermentation has raised $10.5 million in seed funding… Read more »

Bega Valley Eggs
Funding

Invest Inya Farmer, a fintech that lets people put their money where their mouths are, plants $1.1 million Seed round

- March 23, 2023 2 MIN READ

Agriculture fractional investment marketplace Invest Inya Farmer (IIF) has raised $1.1 million in Seed funding to give everyone to back the people who grow what they eat.  The round was led by Investible, alongside  global agtech VC AgFunder and high net worth investors. IIF has built a smartphone app that allows users to browse and… Read more »

women
Funding

Dress for Success needs your help to give vulnerable women a chance to thrive

- March 22, 2023 2 MIN READ

Women empowerment organisation Dress for Success Sydney (DFSS) has reached halfway in its fundraising goal of $250,000 to assist women throughout Australia in overcoming barriers to employment.  The not-for-profit is urging Australians to contribute the equivalent of one hour’s pay to support them in reaching their target. DFSS is an affiliate of Dress for Success… Read more »

AROSE lunar rover
Funding

Australian lunar rover projects just scored $8 million in federal funding

- March 21, 2023 2 MIN READ

Two Australian space startups will receive $4 million grants each from the federal government as part of its Moon to Mars Trailblazer initiative to design semi-autonomous rovers to land on the Moon. Perth-based Australian Remote Operations for Space and Earth (AROSE) consortium and the EPE and Lunar Outpost Oceania consortium will each receive $4 million towards… Read more »

Alex and Chris Naoumidis
Funding

Hypnotherapy medtech raises $17.8 million Series A

- March 21, 2023 2 MIN READ

A Melbourne medtech building hypnotherapy-based apps so people can self-manage a range of illnesses has raised a US$12 million (A$17.8m) in a Series A. The round for Mindset Health was led by King River Capital, supported by Andrew Forrest’s Tattarange VC health fund Tenmile, Perennial Partners, impact funds Giant Leap and Alberts, Yard Ventures, WordPress founder… Read more »

Pivot founders
Funding

Female-founded edtech startup Pivot banks $1.4 million to support student and teacher wellbeing

- March 20, 2023 2 MIN READ

Melbourne education tech startup Pivot has raised $1.4 million for its schools feedback platform to improve teaching.  The round was led by the Catholic Diocese of Maitland-Newcastle and technology firm DiUS, with support from LaunchVic’s women-led investment program the Alice Anderson Fund. The funding will be used to re-platform the company’s survey-based technology and launch… Read more »

R&D, science, man looking in microscope
Funding

Medtech startups can score up to $5 million from a new incubator fund

- March 20, 2023 2 MIN READ

A new medical technology incubator program developed by the Medical Research Future Fund (MRFF) during the former Coalition government will offer up to $5 million in funding for early-stage medical research projects with commercial potential. The $50 million BioMedtech Incubator program is being backed by the MRFF and the Medical Research Commercialisation Initiative. Responsibility for… Read more »