Herbert Smith Freehills

Eight Aussie startups that raised $36 million this week

Weekly roundup detailing new funding for eight local startups: home lending, document verification, farm water monitoring, alcoholic drinks, freight software, leaf protein, artist content sales and organic bedding, totalling over $36 million.

WeMoney secures $3 million as it plans $10million+ fundraise after partnering with Mastercard

WeMoney closed a $3 million round from largely existing backers, following its 2020 seed and 2022 raises, and signed a Mastercard Open Banking deal while preparing a larger raise.

Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup News (WA)

US, UK legal giants embrace Aussie automation start-up

Legal automation firm Josef banks $5.2 million in a round OIF Ventures led, with Carthona, Flying Fox, Jelix and Saniel participating, adding US and UK law firms as clients.

Also SmartCompany

Digital marketing startup Metigy placed in administration with the loss of 75 jobs

Adtech startup Metigy has entered administration with Cathro & Partners appointed and 75 jobs lost, 20 months after a $20 million Series B; proptech Yabonza also entered administration last week.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily

Hybrid work startup Calven raises $6.8 million seed round

Sydney workplace experience platform Calven has raised a $6.8 million seed round led by Airtree, with backing from Michael Gonski and the Gonski family office, to grow its hybrid work product in Australia and the US.

Also SmartCompany·Startup Daily

Investment Notes: OwnHome $31m Series A

Also Afterwork Ventures portfolio·Square Peg Capital·Startup Daily·Australian FinTech·Startup Daily·Australian FinTech·Australian FinTech·businesstories.com

Investment Notes: Samphire Neuroscience

AfterWork Ventures explains why it invested pre-seed in Samphire Neuroscience, a neurotech startup whose headband eases menstrual symptoms, alongside hardware accelerator HAX, profiling the Oxford-founded team and the women's health opportunity.

Also Startup Daily

Mr Yum raises $11m in post-seed raise

Herbert Smith Freehills advised QR ordering and payments startup Mr Yum on its $11 million raise, which TEN13 and AirTree Ventures led; the company cited strong pandemic-driven growth.

Also SmartCompany