Funding

SafetyCulture tips $3 million into IoT player Inauro

- June 6, 2022 2 MIN READ

Sydney scaleup SafetyCulture’s ongoing strategic investment and acquisitions plan has seen today announced a AU$3M investment into Australian data and IoT software company, Inauro.  Inauro was launched in 2020 by co-founders Craig Kesby and Angus Kennard to realise the value of internet of things technology across industrial applications and improve everyday operations. IoT devices produce a vast… Read more »

Funding

Dental health app Pearlii raises $1.5 million to improve oral health for Indigenous Australians

- June 2, 2022 2 MIN READ

Melbourne oral hygiene startup Pearlii has raised $1.5 million in a fresh round to bring free dental check-ups to regional Australians. The round came from BRC Capital and follows a previous $1.25 million investment from Indigenous Capital Limited and Justin Liberman in November 2020. Pearlii’s app uses artificial intelligence to scans selfie photos of a… Read more »

Inventia
Funding

Super fund HESTA reveals landmark $4.4 million investment in biotech startup Inventia Life Science

- June 2, 2022 2 MIN READ

Healthcare superannuation fund HESTA has revealed that it chipped in $4.4 million to a $35 million Series B for Sydney biotech startup Inventia Life Science. The deal marks the first direct investment made by a super fund into an early-stage startup. The industry has previously tipped their cash into venture capital funds, with the VCs… Read more »

Funding

Kiwi ‘what’s for dinner?’ tech solution MenuAid raises NZ$1 million

- May 31, 2022 2 MIN READ

MenuAid, a food tech startup helping answer the “What’s for dinner?” question, has raised NZ$1 million in Seed funding New Zealand specialist agritech and foodtech seed-stage investor Sprout led the round after the startup completed its accelerator program earlier this year. MenuAid is a subscription-based meal planning and food delivery platform that offers personalised recipes… Read more »

real estate, sign, rental
Funding

REA backs proptech app Managed in $5.3 million raise

- May 30, 2022 2 MIN READ

Payments and real estate property management platform Managed App has raised $5.3 million. The round was led by REA Group and Momentum Markets. The funds will be used to grow the sales, marketing and development teams, as the five-year-old startup looks to double its user base over the next year. Founded in 2017 by Nick… Read more »

Anastasia Volkova
Funding

Agriculture carbon reduction startup Regrow Ag plants $50 million Series B

- May 24, 2022 2 MIN READ

US-based Australia agtech startup Regrow Ag has raised $50 million (US$38m) from leading American investors to help the farming sector meet net-zero targets. The round is led by Tom Steyer and Katie Hall’s Galvanize Climate Solutions. Existing investors including Cargill, Main Sequence Ventures, Ajax Strategies, Neglected Climate Opportunities (NCO), Microsoft’s M12 and others returned, joined… Read more »

Funding

Applications open for the NSW government’s $8 million Tech Central research infrastructure fund

- May 23, 2022 2 MIN READ

The NSW Government is calling for expressions of interest from universities, research organisations, industry, consortiums and NSW-based NCRIS (National Collaborative Research Infrastructure Strategy) facilities for open-access projects to be supported by a new $8 million Tech Central Research and Innovation Infrastructure Fund. Minister for Enterprise, Investment and Trade Stuart Ayres said the fund will help… Read more »

Funding

Drone startup Aerologix raises $4.2 million Seed round

- May 23, 2022 2 MIN READ

Sydney drone startup Aerologix, which describes itself as “Uber for drones”, has raised $4.2 million in Seed capital. The round led by Ellerston Capital and Lindsay Phillips’ Nightingale Partners, following on from an earlier pre-seed raise   Aerologix will use the capital to invest in additional research and development, bolster its commercial team and to launch overseas. … Read more »