Sydney-based non-alcoholic spirits company, Lyre’s Non-Alcoholic Spirit Co. has $16 million in seed round funding 18 months after launching as the startup’s growth continues to grow exponentially worldwide. The backers include VRD Investment, Doehler Ventures, DLF Venture and Maropost Ventures, with family funds in Europe, America and Australia tipping in. Lyre’s CEO and co-founder Mark… Read more »
Steve Baxter’s investment syndicate TEN13 and LA-based angel investor Kate Vale, Google Australia’s first employee, are part of a US$1.3 million (AU$1.8m) seed round for audio platform Vurbl, which hopes to become the YouTube of audio. The startup, which is in beta and will launch before the end of the year also attracted support from LA… Read more »
Atlassian says it will invest US$50 million in early-stage startups, but the funds come with a catch – the ventures must all be working on projects that help build out the US-listed tech giant (Nasdaq: TEAM). The company’s US-based head of corporate development, Chris Height, said in a blog post on the company site that… Read more »
Swedish buy now pay later (BNPL) fintech Klarna is now Europe’s most valuable fintech – the 4th most valuable globally – following a US$650 million equity raise that values the business at US$10.65 billion (AU$14.54bn). The latest valuation nearly doubles the US$5.5 billion valuation following a US$460 million raise in August 2019. The round was… Read more »
Impact Investment Group (IIG) is on the hunt for $70 million from wholesale investors for a new fund targeting sustainable and socially conscious startup investments. IIG CEO and co-fund manager Daniel Madhavan said the Impact Alternatives Fund will be a mix of investments, including renewable energy infrastructure such as solar farms, impact private equity, venture… Read more »
Elevate NZ Venture Fund – the government’s new venture capital fund run by New Zealand Growth Capital Partners (NZGCP) – is investing NZ$21.5 million into the Blackbird Ventures’ New Zealand fund. Blackbird, led by partner Samantha Wong, opened shop in New Zealand 12 months ago, and its local fund will focus on startups seeking Series… Read more »
Remote work in the era of Microsoft Teams and Zoom meetings has been a boom for business software companies and a Brisbane remote learning startup is riding the wave with the backing of some of the world’s biggest companies. GO1 has raised $61 million (US$40m) in Series C in around led by SEEK and US… Read more »
Bill Gates, Twiggy Forrest back livestock emissions reduction startup Rumin8 in $17 million Seed top up
Investors in Milkrun hunt for a buyer as the last local grocery delivery standing struggles in hunt for fresh cash
Furniture startup Brosa to fold leaving customers $5 million out of pocket
Logistics giant Wisetech Global just gobbled up another tech startup for $327 million
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