Funding

Tiger Global gets into the used car business with $28 million seed round for online dealership

- December 7, 2021 2 MIN READ

Among the flurry of investments voracious US firm Tiger Global made earlier this year, as the world’s most active startup investor, another Australian startup caught its eye back in March, scoring a US$20 million (A$28m) seed round. Another nine months has passed in “stealth mode” and the online used car dealership, Carma is now looking… Read more »

unicorn dog
Funding

JUICY BONE: Pet Circle tossed $125 million Series C treat

- December 7, 2021 2 MIN READ

Ecommerce retailer Pet Circle has raised $125 million in a Series C. The round was led by US investment firm Prysm Capital and Sydney-based TDM Growth Partners, with existing backer AirTree Ventures joined by new investor Baillie Gifford from the UK While the international investment has been announced, it’s still subject to regulatory approvals. The… Read more »

Jason Wyatt
Funding

Marketplacer just raised another $38 million, says it’s still thinking about an IPO

- December 6, 2021 2 MIN READ

Software platform Marketplacer has raised another $38 million from private investors after the 2021 IPO the company mooted 13 months ago, following a $20 million raise, failed to proceed. The company, which provides ecommerce solutions for retailers such as Myer, Woolworths, Metcash and Bob Jane T-Marts, is now reportedly considering 2022 as a public listing… Read more »

Funding

Machine learning data analysis startup Relevance AI lands $4 million as US VC Insight Partners thinks smaller

- December 3, 2021 2 MIN READ

Relevance AI, a Sydney startup founded last year to help developers do more with unstructured data and aid data scientists experiment with vectors, has raised A$4 million in a seed round. The round was led by US VC Insight Partners, which rarely heads into early-stage investment, with participation from Galileo Ventures and Archangel Ventures. The… Read more »

R&D, science, man looking in microscope
Funding

Sydney biotech raises $5 million with Covid vaccine plan

- December 3, 2021 2 MIN READ

Biotech startup EnGeneIC, has raised $5 million on the VentureCrowd platform in a pre-IPO round, ahead of plans for a NASDAQ listing in Q2 2022. News of positive results for Covid-19 nanocellular vaccine pre-clinical animal studies, saw that figure jump five-fold. The startup has develop proprietary nanocell technology, which they’ve called EDV, which is predominantly… Read more »

Funding

Healthcare startup Harrison.ai lands $129 million Series B

- December 1, 2021 2 MIN READ

Artificial intelligence (AI) healthcare startup Harrison.ai has raised US$97 million (A$129 million) in a series B to ramp up its global joint venture ambitions in medical diagnostics. Existing backer Horizons Ventures, the VC firm of Hong Kong billionaire Li Ka-shing, led the round. It was supported byBlackbird Ventures and Skip Capital, with new investors Sonic… Read more »

David Ng, Jeff Yeo, Adrian Chia
Funding

A Singaporean startup sprinkling the Australian landscape with tiny getaway shacks just raised $4.2 million in a pre-Series A

- November 30, 2021 2 MIN READ

Singapore-based tiny house startup Big Tiny, has raised US$3 million (A$4.2) in pre-Series A funding as it looks to expand in the Australian market Big Tiny designs and manufactures small guest accommodation in Singapore. It has bases in Sydney and Melbourne where it assembles the houses and deploys them in partnership with host landowners. The venture… Read more »

Ecommerce
Funding

Ecommerce impulse purchase startup lands $10 million Series A

- November 30, 2021 2 MIN READ

A Sydney ecommerce startup that uses machine learning and AI to help online retailers suggest sell to customers has raised $10 million Series A. Particular Audience combines real-time shopping data sets to predict demand and allow retailers to personalise selling suggestions to their online customers, creating an online version of the bricks and mortar impulse… Read more »