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 »

Funding

A Cloud Guru founder Sam Kroonenburg signs on as a partner in SecondQuarter Ventures

- May 17, 2022 2 MIN READ

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 »

Funding

AI voice bot startup raises $7 million pre-Series A

- May 16, 2022 2 MIN READ

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 »

Funding

Tiger Global doubles down on used car startup Carma’s $75 million Series A

- May 12, 2022 2 MIN READ

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 »

Funding

Go1 founders back game licensing marketplace Layer in $3.9 million metaverse play

- May 9, 2022 2 MIN READ

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 »

Funding

Canberra medical imaging startup Aurabox banks $500,000 Angel round

- May 5, 2022 2 MIN READ

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 »

Skedulo,Matt Fairhurst
Business strategy

How to land late-stage capital: Skedulo founder Matt Fairhurst reveals the strategy behind SoftBank’s $100 million Series C in the productivity startup

- May 4, 2022 5 MIN READ

In July last year, Brisbane-founded, US-based workplace productivity software startup Skedulo announced a A$100 million (US$75m) Series C from Japanese VC powerhouse SoftBank. In this special behind-the-scenes analysis, founder and CEO Matt Fairhurst and Skedulo chief of staff Nathan Merzvinskis reveal how they built the strategy behind the raise. You’ve made it — almost. Your… Read more »

Funding

Biotech startup Ankere Therapeutics lands $10 million Seed round to tackle lung diseases

- May 3, 2022 2 MIN READ

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 »