3142 rounds · 1987 startups · 3636 investors
Person Invested in this round Raised it Closed a fund Mentioned
Amount confirmed Amount is an estimate
Sydney dietary-needs dining app Foodini has raised a $700,000 pre-seed round, with founder Dylan McDonnell planning national expansion and a US push in 2023.
Also AgFunderNews·SmartCompany
German conglomerate 1komma5° has taken a controlling stake in NSW solar and battery retailer Natural Solar, launching its Asia Pacific expansion into household electrification services.
Also RenewEconomy·RenewEconomy
Gilmour Space Technologies names UK firm Equipmake as supplier of electric motors and inverters for its Eris rocket, following collaboration since 2020 and a separate telemetry deal with Inmarsat.
TechCrunch's transport newsletter rounds up micromobility job cuts at Tier, Spin and Zoomo, Mobileye's IPO filing years after Intel bought it, new backing for Canada Drives and Halo Car, plus Rivian's safety recall.
AgriWebb, whose platform digitises livestock and farm records, announced a fresh $6.8 million round co-led by two backers, earmarked for overseas growth; the piece also recalls its 2021 Series B.
Also AgFunderNews
Airwallex has secured a $100 million Series E-2 extension at an unchanged $5.5 billion valuation, joined by existing backers plus HostPlus, to fund growth, new products and acquisitions.
Also SmartCompany·Startup Daily·Australian FinTech·SmartCompany·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·Australian FinTech·Australian FinTech·Forbes Australia
Antler is reportedly sounding out investors about a $60 million fund for very early Australian startups, while its first Australian fund has nearly fully deployed and applications remain open for its pre-launch program.
Brisbane travel experiences startup Travello raised a $10 million Series B led by Queensland Investment Corporation with Paspalis Innovation Investment Fund, to fund growth and further acquisitions after acquiring Backpacker Deals.
SmartCompany summarises Cut Through Venture's report finding Australian startups closed 71 deals worth $471 million in September 2022, the strongest month since March, led by hardware, while revisiting large September 2021 raises.
Also Startup Daily
Proptech PropHero closed an oversubscribed A$8 million seed round co-led by Fifth Wall and Samaipata, with existing backers Jelix Ventures and AfterWork Ventures returning after its 2022 pre-seed.
Also Startup Daily·Startup Daily·Startup Daily·proptechconnect.com
Weekly roundup of agrifoodtech venture raises across food and agtech, plus JBS shutting its Planterra alt-protein division and Australian startup Optomni's seed round.
Startup Daily profiles Wellbase, a workplace wellness platform that Antler Australia backed at pre-seed as part of its portfolio reveal of thirteen newly funded startups.
Boundless, Mike Cannon-Brookes' philanthropic venture, has put $10 million into Tasmanian used-EV seller The Good Car Company, while Canva co-founder Cameron Adams and Lisa Miller separately invested $1 million to widen affordable electric vehicle access.
Breakthrough Victoria and Investible back Kite Magnetics, a Monash University spinout developing lightweight electric aircraft motors, in a seed round the article reports at $1.85 million.
Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing·@AuManufacturing
Q-CTRL has released an enterprise version of its quantum computing education platform, Black Opal, with early customers including IonQ, consultancies, a petrochemicals firm and government bodies.
Investible's Climate Tech Fund reveals its first eight investments, including Xylo Systems, Kite Magnetics and CIM, with $30 million committed toward a $100 million target; Xylo also drew Startmate and Taronga Zoo support.
Investible names the first eight climate-focused startups receiving investment from its sector fund, which already holds commitments above $30 million, covering aviation, buildings, marine, agriculture, conservation and carbon advisory ventures.
UNSW Founders' New Wave program has named the winners of its tenth cohort showcase, with five female-led startups sharing prize money across judge, people's choice and faculty award categories.
Startupbootcamp Australia interviews NovoNutrients co-founder Sara Howard ahead of its Food Innovation cohort's Demo Day, covering the startup's carbon-negative protein made from CO2 and hydrogen.
Profile of Clever Fruits, a Startupbootcamp Food Innovation cohort startup that ferments wasted fruit into antioxidant-rich supplements and drinks, ahead of the program's Demo Day.
Vow has opened a large cultivated meat facility in Sydney and plans a Singapore product launch pending regulatory approval, with a bigger second facility under development.
Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.
Also Techboard·Startup Daily
Startupbootcamp Australia profiles Transport Genie, a sensor startup monitoring livestock welfare in transit, as its Food Innovation cohort prepares to pitch at the upcoming Demo Day in Tasmania.
LaunchVic's Alice Anderson Fund and AXA Asia chief Gordon Watson have invested an undisclosed amount in Lift Women, an Australian crowdfunding platform helping female founders raise capital.
Paytron won x15ventures' Xccelerate 2022, receiving a $250,000 SAFE note plus access to CBA's ecosystem. The piece recalls its earlier $4.35 million seed round backed by Carthona Capital and Picus Capital.
Melbourne e-cargo bike subscription firm Lug+Carrie has landed $5 million in bridge financing ahead of planned Brisbane and Canberra launches and a US push, with Ecotone Partners helping arrange the deal.
Aura Group's Calvin Ng reflects on his own 2008 layoff, discusses current tech layoff trends and economic conditions, and encourages redundant workers to see job loss as an opportunity, noting his firm's recent team growth.
FRV Australia has secured a A$7 million grant from Victoria's Energy Innovation Fund for its 100MW/200MWh Terang grid-forming battery, its second such project, alongside a large solar pipeline.
Chief Scientist Cathy Foley's paper examines Australia's quantum technology achievements and draws lessons for scaling other sectors, noting Silicon Quantum Computing's large Series A raise and other local quantum companies.
Blackbird's investment note explains why it co-led Checkmate's US$5 million seed round, describing the shopping tool's product, its e-commerce thesis, and the Perth-raised founding team behind the startup.
A manufacturing roundup covering a university research grant, a clinker terminal groundbreaking, quantum chip progress, a share placement, a pumped hydro plan, and an autonomous vessel demonstration.
Startup Daily profiles Codis, a pre-seed startup backed by Antler Australia that automates turning design files into working code, as part of a series covering Antler's thirteen recent investments.
PropHero appoints Sophie Hayek, formerly of Cars 24, as its new Global Chief Operating Officer as the property investment platform continues expanding internationally.
Car subscription software firm Loopit has released TruPass, a digital KYC and fraud prevention suite for mobility providers, following a recent AUD$3.6 million external capital raise.
Drinks giant Diageo has bought Australian coffee liqueur maker Mr Black, in which it took a minority stake in 2015 via its Distill Ventures accelerator; no purchase price was disclosed.
Also diageo.com·thespiritsbusiness.com·drinkstrade.com.au·SmartCompany·foodanddrinkbusiness.com.au·thegrocer.co.uk·glassandnote.com
Australian Consumer Data Right platform Adatree closed an oversubscribed second funding round, drawing re-investment from existing backers and new investors including Aconex's co-founders' family offices and MoneyPlace's founder.
Also Techboard·Startup Daily
Pfizer has completed its takeover of ASX-listed telehealth diagnostics company ResApp Health for $179 million, with the article recalling the company's 2015 listing, earlier raises and a Gates Foundation grant.
Startupbootcamp profiles Tummi Yummi, a venture infusing surplus eggs with probiotics, as founder Andrea Romero prepares to pitch at the upcoming Food Innovation Demo Day.
Gold Coast bridging lender Funding.com.au reports record broker accreditations and loan book growth, and recalls completing its Series B raise earlier in 2022.
Profile of Casu, a platform matching casual construction workers with employers, covering its pre-seed backing by Antler within a 13-startup intake, plus founder commentary, traction and hiring plans.
Melbourne regtech 6clicks has raised a $10 million Series A led by Centerstone Capital to grow its GRC platform, with the article recalling earlier raises of $2.2 million and $5 million.
Melbourne GRC software vendor 6clicks has closed a $10 million Series A led by Centerstone Capital, signed Synnex as its first global distributor, and the article recalls its 2019 acquisition of TrustyGate's assets.
Pfizer has completed its purchase of Brisbane digital health company ResApp Health for $179 million, doubling its per-share offer after an April bid for the ASX-listed cough-diagnosis startup.
Also SmartCompany·Startup Daily·Startup Daily·Techboard·Startup News (WA)·sharecafe.com.au
Sydney voice-assistant startup ybot has raised a $4.6 million seed round led by US investor Florida Funders, with funds earmarked for product development, sales, marketing and hiring as it plans to relocate to Florida.
Sydney freight software firm Ofload has bought Melbourne logistics company CIA Logistics, its first acquisition, with founder Tony Couttie joining as general manager; deal terms were not disclosed.
Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Forbes Australia·@AuManufacturing·Forbes Australia
Australian embedded finance platform Shaype has added $33 million to its Series C round, led by Regal Funds Management with family offices participating, to fund team growth and international expansion.
Also Startup Daily·Techboard
Sydney gaming marketing company Livewire has raised a $4.7 million Series A led by Matt Berriman's new fund RealVC, with several individual and strategic backers, to scale headcount and expand globally.
Also Startup Daily·Startup Daily·Startup Daily·Forbes Australia