Funding

Brisbane funds management fintech Jacobi Inc. lands $15.4 million Series A

- September 26, 2022 2 MIN READ

Investment tech platform Jacobi Inc. has raised US$10 million (A$15.4m) in a Series A led by Queensland Investment Corporation (QIC). QIC joined existing Silicon Valley investors Illuminate Venture Partners, 8VC and Western Technology Investment (WTI) in the round. Crystal Russell from QIC and Bill Miller from Makena Capital are joining the Jacobi board. The Brisbane-born,… Read more »

Funding

Risk and compliance management startup 6clicks banks $10 million Series A

- September 26, 2022 2 MIN READ

Melbourne regtech 6clicks has raised $10 million in a Series A. The round was led by Centerstone Capital, a specialist VC focused on tech-enabled startups for the professional services industry, founded by former Deloitte global chief strategy officer John Meacock, and Deloitte global strategy and innovation MD Luc Maasdorp. The firm’s portfolio also includes RainMakr,… Read more »

Funding

Fintech Thriday lands $6 million pre-Series A led by NAB Ventures

- September 26, 2022 2 MIN READ

Small business financial management platform, Thriday has raised $6 million in a pre-Series A. The round was led by the NAB Ventures, the VC arm of the business bank, alongside “significant participation” from existing investor Lempriere Capital. Thriday recently shifted from Beta mode to launch its platform for sole traders, amid more than 11,000 small businesses… Read more »

Livewire, Brad Manuel, Indy Khabra
Funding

Marketing tech startup Livewire bags $4.7 million Series A

- September 26, 2022 2 MIN READ

Sydney startup Livewire, which brings gaming marketing to company promotions, has raised $4.7 million in a Series A. The round was led by RealVC – the first investment for Matt Berriman’s new fund – with participation from Perennial Private Ventures, Alua, Hills Cider Company cofounder Toby Kline, EA Asia Pacific founding regional president Nigel Sandiford… Read more »

David Walsh
Funding

Proptech CIM raises $10 million Series A

- September 20, 2022 2 MIN READ

Climate focused proptech startup CIM (Continuous Intelligent Monitoring) has raised  $10 million in a Series A. The round was led by Five V Capital, alongside Carthona Capital and several property executives, including Mark Steinert, former CEO of Stockland. The round values the business at more than $100 million. The new funds will be used to… Read more »

Funding

Workplace wellness startup Sonder banks $35 million Series B

- September 16, 2022 < 1 MIN READ

Workplace wellbeing startup Sonder has raised $35 million in a Series B funding. The round was led by Blackbird Ventures with SEEK Investments and SecondQuarter Ventures also tipping in as new investors. Blackbird’s Niki Scevak will join the company’s board.  The new capital is earmarked for product improvements on the safety, medical and mental health… Read more »

farming greenhouse
Funding

Agtech startup Lleaf raises $3.5 million to grow better plants

- September 13, 2022 2 MIN READ

Sydney agtech startup Lleaf has raised $3.5 million in a bridging round for its light-emitting plastics for indoor agriculture. The round was led by Danish investment firms ALFA Ventures and 2 Degrees, with additional support from The University of New South Wales and deep tech hub Cicada Innovations, where Lleaf is based. 2 Degrees is the climate-focused… Read more »

Funding

Kiwi employee experience platform Excellent raises $2 million in pre-Seed round

- September 8, 2022 2 MIN READ

New Zealand employee experience design startup Excellent has raised NZ$2 million in a pre-Seed round. ANZ VC Blackbird Ventures led the round, supported by Icehouse Ventures, Sir Stephen Tindall’s K1W1 ), and several other founders, including Sharesies founders Brooke and Leighton Roberts, Phase One Ventures CEO Mahesh Muralidhar, Joyous cofounder Mike Carden, Groov CEO Adam… Read more »

Funding

Startup funding continues to slow

- September 7, 2022 2 MIN READ

Investors kept their wallets shut once again in August with Australian startups receiving a combined $225 million worth of funding over 32 deals. That’s nearly half the amount of funding announced in August 2021 ($443 million), according to the Cut Through Venture newsletter, and is a sign of a continued investment slowdown coinciding with interest… Read more »

Funding

Morse Micro chips into huge $140 million series B

- September 7, 2022 2 MIN READ

Local fabricator-less semiconductor company Morse Micro has pulled in $140 million in a series B funding round. The bulk of that investment has come from Japanese chipmaker MegaChips who fronted up $100 million for the Australian Wi-Fi innovator. Co-founder and CEO of Morse Micro, Michael De Nil said the partnership with MegaChips was serendipitous, that… Read more »

Charlotte Bradshaw, Evrima
Funding

Female founded clinical trials startup Evrima raises $3 million

- September 5, 2022 2 MIN READ

Deloitte Tech Fast 50 startup Evrima, which helps pharmaceutical companies run clinical trials for new drugs, has raised $3 million. The round was led by the Sydney arm of alternative investments firm Artesian, supported by BridgeLane Capital and Wavemaker Partners. It’s the first investment via Artesian’s new $100 million Female Leaders VC Fund, which is… Read more »