Downsizer
Funding

Proptech startup Downsizer bags $3.75 million in Seed round to help boomers move out and on

- March 15, 2023 2 MIN READ

Sydney-based proptech startup, Downsizer, has secured A$3.75 million in seed capital. The round was led by Correlation Australia Holdings (CAH), supported by existing shareholders, including family offices and high-net-worth individuals. It brings the total raised to date to $6.1 million. Downsizer is an award-winning startup that provides digital solutions for the finance, property, and insurance… Read more »

Lewi Software, Geraldine Terada-Bellis, Vishnu Avudainayagam
Funding

Skalata backs Queensland Uni grads in software startup transforming chemical engineering

- March 15, 2023 2 MIN READ

A software startup developed by two University of Queensland graduates has raised $200,000 in a Seed round backed by Melbourne VC Skalata Ventures. Lewi Software is tackling an unsexy part of asset management in the chemicals sector – wastewater management, which has suffered from underinvestment on the software from compared to the rest of the… Read more »

NEXL CEO and founder Philipp Thurner
Funding

Gilbert & Tobin’s former innovation boss raises $4 million for his law firm data startup

- March 14, 2023 2 MIN READ

Customer relationship management (CRM) and revenue operations software startup Nexl has raised $4 million in new capital, backed by B2B-focused VC EVP alongside follow-on funds from Vulpes and Saniel Ventures. Nexl was founded 3.5 years ago by Philipp Thurner, who was head of innovation at top tier law firm Gilbert and Tobin. The software platform… Read more »

MoreGoodDays
Funding

Blackbird, Giant Leap back healthtech startup tackling chronic pain with $3.5 million raise

- March 13, 2023 2 MIN READ

Melbourne  healthtech startup, MoreGoodDays has raised $3.5 million for a digital solution to managing chronic pain.  The round was led by Blackbird, with support from impact fund Giant Leap, Side Stage Ventures, the Snow Foundation, and LaunchVic’s female-focused sidecar investment program, the Alice Anderson Fund.  Neala Fulia and Helena Ngo co-founded the healthtech platform to… Read more »

Firefighter water bomber airplane
Funding

US Fed steps in to save Silicon Valley Bank deposits – and prevent further withdrawal runs

- March 13, 2023 3 MIN READ

The US Treasury Department has intervened to guarantee deposits following the collapse of Silicon Valley Bank (SVB) and halt broader bank run jitters. Secretary of the Treasury Janet Yellen, Federal Reserve Board chair Jerome Powell, and Federal Deposit Insurance Corporation (FDIC) chair Martin Gruenberg released a joint statement on Sunday night, US time, amid concerns of… Read more »

Kitea, Simon Malpas
Funding

Kiwi remote care medtech Kitea Health raises NZ$6 million for brain implant monitor

- March 9, 2023 2 MIN READ

A New Zealand medtech startup that’s developed a world’s first wireless brain monitor to remotely manage chronic illness has raised NZ$6 million (A$5.6m) to take the device to clinical trials. Kitea Health spun out of the University of Auckland Bioengineering Institute after developing the implantable long-term brain pressure sensor, which could save the healthcare system… Read more »

Sumday, Danny Hoare, Jessica Richmond, Lindsay Ellis
Funding

Canva’s Cameron Adams backs Tasmanian carbon accounting startup Sumday in $2 million Seed round

- March 7, 2023 2 MIN READ

Tasmanian accounting software startup Sumday has raised raised $2 million in a pre-Seed round as it looks to expand globally. The raise was backed by VC funds Blackbird and Possible Ventures, as well as Canva cofounder Cameron Adams and Lisa Miller, CEO of Wedgetail Ventures. Sumday gives accountants and bookkeepers the ability deliver non-financial accounting… Read more »

India Startups
Funding

Indian startup investment has plunged by nearly two-thirds in just 12 months

- February 27, 2023 < 1 MIN READ

India has established itself as a noteworthy startup hub in the Asia-Pacific (APAC), attracting considerable venture capital (VC) funding.  It’s among the top four markets globally, alongside the US, the UK, and China.  In 2022, India accounted for 5.1% and 6.3% of global VC funding value and volume, respectively. Nevertheless, investor confidence has taken a… Read more »

Our Cow ,Bianca Tarrant, Dave McGiveron
Funding

BULLS AT A GATE: Investors stampede meat subscription startup Our Cow, raising $1.5 million in 24 hours

- February 22, 2023 2 MIN READ

Investor appetite for agriculture startup Our Cow has seen the butcher subscription startup raise nearly $1.5 million from more than 750 investors in the first 24 hours of its Birchal crowdfunding campaign. Farmers Bianca Tarrant and Dave McGiveron launched Our Cow in Northern NSW in 2019 after nearly losing their farm in droughts and then the… Read more »

Mayuresh Patole, Tejas Gawande
Funding

Presentations startup Chronicle banks $7.5 million from Accel & Square Peg to take the fight up to Canva and Powerpoint

- February 22, 2023 3 MIN READ

Chronicle is transforming how presentations are made It replaces slidedecks, saving hours of preparation The startup raised $7.5m led by Accel & Square Peg The plaform is currently in beta mode Presentation platform Chronicle has raised $7.5 million from angel investors working for some of the biggest names in tech. The raise was led by Accel… Read more »

DataMesh, Mark Nagy
Funding

Payments fintech DataMesh bags $30 million Series A

- February 22, 2023 2 MIN READ

Payments software scale-up DataMesh Group has raised $30 million in a Series A. The round was led by NAB Ventures, with new investors including  Deutsche Bank, ANZ’s VC arm, 1835i Ventures, Wunala Capital, Fifth Estate and Peregrine Corporation. NAB Ventures previously backed DataMesh in late 2021 in a $12 million pre-Series A raise. The Sydney… Read more »

Partnar, Ryan Elliot, Jamie Pitt
Funding

Brands collaboration marketplace Partnar banks $200,000 Seed round from Skalata

- February 20, 2023 2 MIN READ

B2B marketing partnerships platform Partnar has raised $200,000 in a Seed investment from Melbourne early-stage VC Skalata Ventures. The marketplace startup describes itself as a “matchmaker for business collaborations” connecting brands and businesses in the face of rising costs and decreasing reliability from online advertising. Partnar offers an alternative to pay-per-click marketing campaigns for brands to… Read more »