FairSupply cofounders Dr Arne Geschke (l) and Kimberly Randle (r) with AirTree's Jackie Vullinghs
Funding

ESG startup FairSupply raises $6.3 million Series A to tackle corporate greenwashing

- December 15, 2022 2 MIN READ

Environmental, social and governance (ESG) software platform, FairSupply has raised $6.3 million in a Series A The round led by local VC AirTree, alongside Tidal Ventures, Dr Andrew Forrest’s Minderoo Foundation and early adopter the Queensland Investment Corporation (QIC). Dr Andrew Forrest’s Minderoo previously backed the Sydney software-as-a-service startup in September last year through its… Read more »

Sydney from the air
Funding

Digital twin software startup Willow tops up with $42 million raise at a lower valuation

- December 15, 2022 < 1 MIN READ

Real estate and infrastructure digital twin creator Willow has raised US$28.8 million (A$42m) . The round was led by the Sydney-headquartered venture’s existing backers, who chipped in at a lower valuation to 2021’s pre-Series B round. Willow chairman Nicholas Moore, the former Macquarie Group CEO, is a key investor, alongside fellow director and TCI Renewables chair… Read more »

ALIAVIA Ventures founder Marisa Warren (centre) with Neighbourlytics cofounders Jessica Christiansen-Franks and Lucinda Hartley
Funding

Urban analytics startup Neighbourlytics raises $1.3 million in pre-Series A

- December 13, 2022 2 MIN READ

Melbourne urbantech analytics platform Neighbourlytics has raised $1.3 million in a pre-Series A. The round was led by Californian VC ALIAVIA Ventures, which backs female founders in enterprise and consumer tech companies, supported by LaunchVic’s angel sidecar fund, the Alice Anderson Fund. The fresh capital brings the total raised by Neighbourlytics to $3.5 million with existing investors… Read more »

Additive Assurance cofounders Marten Jurg and Andrey Molotnikov.
Funding

Monash 3D printing spin out Additive Assurance lands $4.1 million for global plans

- December 8, 2022 2 MIN READ

A Melbourne startup tackling the tricky task of ensuring the quality of 3D printing for aerospace, defence and cutting edge manufacturing, has raised $4.1 million in VC funding. Additive Assurance, which spun out of Monash University in 2019, provides quality assurance for additive manufacturing, and is now looking to expand offshore The round was led… Read more »

Funding

Telstra doubles down on Internet of Things agtech startup with $2 million investment

- December 8, 2022 < 1 MIN READ

Telsta has made its second agtech investment this week, after leading a $12 million round into farm communications startup Zenifi, also tipping $2 million in remote monitoring scale-up Farmbot Monitoring Solutions. The telco previously invested $1 million in October last year in Farmbot’s $2.7 million Series A. The startup had flagged a Series B in… Read more »

Funding

Rapid blood infection detection scale-up Microbio banks $3.5 million

- December 8, 2022 2 MIN READ

Queensland biotechnology scale-up Microbio has raised $3.5 million as it looks to roll out its rapid bloodstream infection tests across international markets. Microbio CEO Paul Carboon said existing and new investors, including eminent scientist and Gardasil co-inventor Professor Ian Frazer, had shown strong support for the biotech as it gains regulatory approval in multiple countries… Read more »

Zetifi founder Dan Winson
Funding

Wagga Wagga wi-fi startup Zetifi lands $12 million Series A with Telstra helping farmers connect

- December 7, 2022 2 MIN READ

A regional NSW startup that’s extending the range of wi-fi on farms has raised $12 million in a Series A. Telstra, and GrainCorp through is recently launched $30 million GrainCorp Ventures fund, led the round in Wagga Wagga-based Zetifi, with support from existing investors including Cultiv8 Funds Management, the Grains Research and Development Corporation’s (GRDC) GrainInnovate fund, and Artesian. The fresh… Read more »

Funding

Business digitisation and consulting startup FORMM raises $600,000 pre-Seed

- December 6, 2022 3 MIN READ

Digital consulting startup FORMM has raised $600,000 in pre-seed funding to help mid-sized companies ramp up their digital capabilities. Digital strategist and former Accenture and EY Digital veteran Robert Kinkade cofounded FORMM (originally Chasm Digital) with serial entrepreneur and product engineer, Chris Clark, to help businesses “shape their digital future” and build new ventures, transform… Read more »

Marcello La Rosa
Funding

Salesforce backs Melbourne Uni spinout in $15.8 million Series B

- December 6, 2022 2 MIN READ

A startup spun out of Melbourne University to help companies improve their processes has raised US$10.3 million (A$15.8m) in a Series B. Apromore enables business teams to quickly visualise and analyse their processes to unlock value or identify strategies for transformation or optimisation. The raise was backed by Salesforce and  German software vendor GBTEC, which also… Read more »

Peter and James Iansek
Funding

Contact centre responses startup raises $5 million Seed round

- December 6, 2022 < 1 MIN READ

A Melbourne startup hoping to improve the customer experience for people dealing with contact centres has raised $5 million US VC firm Bonfire Ventures led the round into Operative Intelligence, with additional funds from Wonder Ventures. The funds will be used to expand staffing and scale its customer intelligence product capabilities. The company, founded in… Read more »