Kiwi agritech startup Protag raises $1m
New Zealand agritech Protag raised NZ$1 million, led by Sprout with Finistere Ventures, Fonterra and OurCrowd, for smart ear tags monitoring dairy cow health and behaviour.
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New Zealand agritech Protag raised NZ$1 million, led by Sprout with Finistere Ventures, Fonterra and OurCrowd, for smart ear tags monitoring dairy cow health and behaviour.
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Wholesale Investor profiles CashD, an on-demand pay fintech, recalling its angel round last year, its paying customers and pipeline, and an open seed-round investment offering.
Twenty-four Australian manufacturers received grants totalling just over nine million dollars under the Advanced Manufacturing Growth Centre's Commercialisation Fund, matched by far larger private co-investment across six national manufacturing priority areas.
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Perth healthcare booking platform HealthEngine has completed its Series E round, securing up to $30 million from Inspire Impact's newly launched $350 million impact fund, with board representation and impact targets attached.
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Cloud management firm Stax has appointed ex-AWS executive Adam Beavis as managing director, with co-founder Thor Essman moving to executive chair, months after hiring Davinia Simon from AWS.
Queensland company eleXsys Energy will trial voltage-regulating devices across five grid locations, backed by an ARENA grant of just over $450,000, having earlier received a $3.5 million federal grant for a manufacturing facility.
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Canva buys UK data visualisation startup Flourish, its sixth acquisition, months after a US$200 million raise valuing it at US$40 billion, with Flourish's founders and staff joining Canva.
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Australian regtech CredShare raised about $2.7 million from investors including Touch Ventures and Ellerston Capital, valuing it at $14 million, while unveiling a platform update for credential verification.
ARENA grants eleXsys Energy nearly half a million dollars to trial its voltage-regulation device with Energy Queensland, aiming to boost solar and battery capacity on low voltage networks.
Thirty-eight female-founded startups named as recipients sharing $11.6 million in grants under round two of a federal program helping women entrepreneurs expand domestically and globally.
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Energy Vault signed a $50 million China licensing deal with Atlas Renewable and China Tianying; the article also recalls Korea Zinc's $50 million investment, whose subsidiary Sun Metals will deploy the technology in Queensland.
Blackbird announces a pre-seed investment in Instant, a checkout startup founded by teenage co-founders Liam Millward and William Gao, aiming to simplify online checkouts and reduce cart abandonment for merchants.
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Canva has completed its acquisition of London data-visualisation startup Flourish, adding 44 staff and 800,000 customers, after earlier 2021 purchases of Kaleido and Smartmockups; terms were undisclosed.
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New Zealand sole-trader accounting platform Hnry raised $15 million led by Left Lane Capital with EVP and new backer Grant Rule, after a $4.1 million round last May, to fund Australian growth and hiring.
Battery developer Energy Renaissance has appointed Dr Howard Lovatt, a longtime CSIRO researcher, as its chief technology officer to lead technology strategy and support its factory plans.
Ahead of his National Press Club speech, the Prime Minister is set to unveil a multibillion-dollar plan to commercialise Australian research, featuring a top-up for CSIRO's venture arm and new PhD and fellowship schemes.
Serial investor Josh Liberman is launching a new US$100 million venture capital firm targeting Israeli technology, to give Australian investors access to Israeli startups; he previously backed Seek and Canva.
Private equity firms Vista Equity Partners and Evergreen Coast Capital have agreed to acquire software vendor Citrix for US$16.5 billion, with plans to combine it with Vista portfolio company Tibco.
Raiz Invest has appointed experienced director Philippa Taylor as a non-executive director, effective February 2021, adding governance and executive expertise as the fintech pursues growth across Australia and Southeast Asia.
Aura Group reports BNK Banking Corporation has agreed to sell mortgage aggregator Finsure to MA Financial Group for $151.6 million, with APRA approval received and completion expected in early February 2022.
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CX assurance software firm Cyara, co-founded in Melbourne, has shelved ASX listing plans and instead raised US$350 million from K1 Investment Management, with existing backers PeakSpan and Greenspring selling down stakes.
An Australian maker of satellite thrusters will fly its valve technology on a SpaceX Falcon 9 via Skykraft's rideshare, following a space agency grant the previous year to develop the thruster.
Dragonfly Enviro Capital announces it has invested in Water and Carbon Group, an Australian business developing environmental infrastructure that incorporates natural assets. No amount or stage is disclosed.
Block has completed its purchase of Afterpay, and Square is rolling out Afterpay's buy-now-pay-later option to its online sellers in the US and Australia, with a free trial until May 2022.
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Technology advisory firm Bluewave says a $75m investment from Columbia Capital will speed client-service improvements, team growth and further acquisitions at the New Jersey company.
Main Sequence's blog reports a $150 million commitment to CSIRO for the innovation fund it manages to speed research commercialisation, plus background on the firm's 2017 formation and its 39 deep tech investments.
AfterWork Ventures explains why it joined SwingVision's $2 million seed round led by Tennis Australia's Wildcard Ventures, alongside Roddick, Blake and the MyFitnessPal co-founders; the app brings pro-grade tennis analytics to amateurs.
Manufacturing roundup covering Tritium's Nasdaq listing via SPAC merger, LAVO's NSW government grant, AnteoTech's regulator request, Osteopore's quarterly revenue, a JAT-Pinnacle dairy partnership, and 2021 Australian EV sales figures.
Sydney venture firm AirTree has raised A$700 million across three vehicles — an early-stage fund, a web3 fund and a growth fund — with superannuation funds as backers. Its portfolio includes Canva, Linktree and Immutable.
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Thruster maker Valiant Space will test its VS-1 propellant valve on a Skykraft rideshare mission launching on a SpaceX Falcon 9 in June, having recently won a $200,000 Australian Space Agency Moon to Mars grant.
Gold Coast logistics software firm CartonCloud has banked $12 million from MA Financial to fuel its US and Canadian push, alongside recollections of a 2017 $1 million raise and a government grant.
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SAP announced its intention to acquire a majority stake in working capital management provider Taulia, which will keep its brand and CEO, while J.P. Morgan maintains its alliance and equity stake. Financial terms undisclosed.
Tidal Ventures explains why it backed Checkbox, a no-code expert process automation platform, recounting the pre-Series A round raised alongside Sequoia India's Surge and the founders' execution.
Podcast episode and feature profiling female founders tackling women's health, covering Ovira's funding journey, ANDHealth's female-founder numbers, the FemTech collective and Women's Health Road's new care model.
Australian payments firm Till Payments has acquired Ziosk's ZIPS payment processing unit to expand in the US, with Kevin Brown becoming Till North America's Head of Strategy; Till raised $125 million last year.
NSW government grants hydrogen storage startup Lavo $5 million to build a Hunter region manufacturing facility, with the article recalling Gowing Bros' earlier equity stake and unit order.
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Square Peg Capital led a US$40 million Series B in education technology company Cialfo, founded by Rohan Pasari, Stanley Chia and William Hund, with SEEK investing for the first time alongside existing backers.
Australian landlord tool RentBetter has picked up $1.9 million from unnamed backers including wealthy individuals and industry partners, with plans to hire, build product and market itself.
Payments company Till Payments buys ZIPS, the payment processing unit of Ziosk, gaining North American partners and staff, forming a strategic partnership with Ziosk, and hiring Kevin Brown as Head of Strategy.
No-code platform Checkbox has landed fresh backing from Tidal Ventures and Sequoia India's Surge to speed overseas growth, while Coca-Cola Europacific Partners is named as a customer.
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South Korean battery maker LG Energy Solution's shares nearly doubled in their Korean Stock Exchange debut, valuing the company near A$125 billion in Asia's second-largest IPO.
Melbourne construction procurement platform EstimateOne has raised its first external capital, $35 million from Potentia Capital and investor Leigh Jasper, whose firm's partner and managing director now join the company's board.
Sydney telehealth company Eucalyptus has raised a $60 million Series C led by US venture firm Bond, adding to $30 million raised in mid-2021, and is hiring across its five health brands.
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Eaton Square's quarterly review summarises eight featured Australian and New Zealand technology acquisitions from the December 2021 quarter, including Unity's purchase of Weta Digital, and introduces its Sydney-based technology M&A advisory team.
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Virtual reality studio Alta has secured a $12.4 million seed round backed by Makers Fund and Andreessen Horowitz, valuing the Sydney-founded company at $62 million to build content and expand its team.
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Swiss digital asset bank SEBA completed a CHF 110 million Series C in January 2022, co-led by Altive, Ordway Selections and Summer Capital, with DeFi Technologies, Alameda Research and existing investor Julius Baer participating.