Recruitment and talent analysis startup Sapia.ai, formerly known as PredictiveHire, has raised $17 million in Series A. The round was led by Macquarie Capital and W23, the venture capital arm of Woolworths Group. The capital is earmarked for continued overseas expansion, including making the platform available in multiple languages. Sapia’s artificial intelligence-powered automation platform is… Read more »
UK software startup TrueLayer has halted Australian operations just 18 months after its arrival. TrueLayer’s software is an intermediary for other startups looking to use the data available under the the Consumer Data Right (CDR) and open banking regime to develop new fintech products. While the British fintech unicorn’s API platform currently processes more than… Read more »
A Sydney startup using robotics to assess critical infrastructure in the oil and gas industry globally has raised $15 million after doubling revenue over the past two years. Abyss Solutions previously raised $3.25 million in December 2020, with AirTree once again leading the latest investment, supported by Australian Retirement Trust. Cofounded in 2014 by four… Read more »
Sydney robotics and navigation tech scale-up Advanced Navigation has raised US$68 million (A$108m) in a Series B. The round was led by US private equity firm KKR, supported by deep learning venture firm AI Capital as well as existing backers Main Sequence, Malcolm Turnbull , In-Q-Tel, and OIF. The 10-year-old tech business has now raised… Read more »
Four women and mothers who banded together to help the parents of children with disabilities have raised $1 million from crowdfunding for their social network app. The Birchal campaign closed this week with $1.037 million from 604 investors. Kindship will use the funds to help parents navigate the NDIS. They plan to launch Kindship Wallet,… Read more »
Melbourne engineering and structural design startup ClearCalcs, has raised $2.5 million to double is its total pre-series capital to $5 million. Existing backers EVP and Shearwater Capital once again led the round in the software platform, which helps architects and engineers build more sustainable housing more efficiently . ClearCalcs previously raised $1.65 million 12 months… Read more »
Founders have a deep relationship with the business they start and are heavily invested in the dream of its long-term success. Their role extends far beyond a standard CEO title and the responsibilities that come with the top job in any other type of business. For this reason, cutting the umbilical cord is difficult for… Read more »
Seaweed-based plastics replacement startup ULUU has raised $8 million in a Seed round that’s attracted and all-star cast of investors from music, restaurants and modelling. The round was led by existing backer, Main Sequence Ventures, supported by Alberts Impact Ventures, Mistletoe and Possible Ventures. The Western Australian venture, is creating compostable polymers known as PHAs… Read more »
Software development startup Buildkite has raised US$21 million (A$31m) in a Series B round. Local VCs OneVentures and AirTree led the round with Up bank founder Dom Pym also chipping in alongside US firm General Catalyst. The Melbourne devops tech company previously raised $28 million in 2020 at a $200 million valuation. It’s just the… Read more »
Sydney-based Vow, a cultured meat company, has raised US$49.2 million (A$73.5m) in Series A funding. The raise was led by local VC Blackbird and Prosperity 7 Ventures, with support from Toyota Ventures, Square Peg, Grok, Cavalio, Peakbridge, Tenacious Ventures, HostPlus Super LP, NGS Super and Pavilion Capital. It’s a record for a series A raise… Read more »
Sydney-based logistics startup Ofload has raised $60 million in Series B round of equity and debt. The raise comes 11 months after the company’s $20 million Series A. The round was led by Singapore VC, Jungle Ventures, alongside existing investors Maersk Growth, the venture arm of transport and supply chain giant AP Moller – Maersk, as… Read more »
New Zealand impact startup Kara Technologies has raised NZ$1.3 million in Seed funding to make sign language more accessible in the media for deaf people. The round was led by Sydney VC Investible and with Kiwi VCs Te Pae ki te Rangi, Quident Ventures, Icehouse Ventures, as well as Startmate. Kara is building a more… Read more »
Sydney medtech startup Vexev has raised $8.5 million to ramp up the global expansion of its 3D medical imaging device. The round was led by San Francisco based deep-tech VC Neotribe Ventures with Blackbird chipping in, alongside, vascular surgeons and imaging firms, Propeller founder Rory San Miguel and Dovetail’s Benjamin Humphrey The new capital is… Read more »
A software platform to help product managers align goals across the board has raised $2.3 million in Seed funding. The round for Sauce was led by Blackbird, and supported by Airtree Ventures , alongside product leaders in several local tech companies including SafetyCulture, Eucalyptus, Respondent, Minnow, EarlyWork, Archangel and UltraViolet Ventures. Sauce was cofounded by… Read more »
Hospitality sector online ordering platform Ordermentum has revealed that it raised $6.2 million in capital in July. Backers in the company’s latest raise include NIB Holdings chair and existing backer David Gordon, plus EVP partner Damon Pezaro. Existing investors include SEEK co-founder Matt Rockman, Pocketbook founder Bosco Tan and Pure Asset Management Ordermentum was cofounded… Read more »
StrongRoom AI’s administrators recommend liquidation 
12 startup festivals and events you need to know about this year 
Applications for Catalysr’s ‘migrapreneur’ startup accelerator program are about to close 
Theranos redux: Elizabeth Holmes-linked startup seeks funding for blood scanning tech 
Daily startup news and insights, delivered to your inbox.
