Startup · $1.3m raised
Perth, WA
Every investor coverage indicates participated in a round IDEAcademy raised.
| Investor | Rounds | Invested |
|---|---|---|
| Plus Eight | Accelerator | - |
| Purpose Ventures | Unnamed stage | - |
Companies IDEAcademy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming IDEAcademy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Perth backer Purpose Ventures has added follow-on money to WA care platform PlanCare, taking its seed funding to $2.5 million; the firm's $45 million fund has now backed four startups.
WA's Purpose Ventures has put more money into Plancare, a self-managed healthcare platform, lifting its cumulative backing to $2.5 million; the article also profiles the fund's founders, portfolio and history.
Also Startup Daily
WA VC fund Purpose Ventures has taken on genetic testing startup Gene S as its fourth investment; earlier 2023 backing of PlanCare, Paperly and IDEAcademy is recalled, and the fund's $45m size noted.
WA venture firm Purpose Ventures has grown its debut fund to $45 million with an $8 million top-up from local backers and made its third investment, leading edtech startup IDEAcademy's $1.3 million raise.
WA education startup IDEAcademy has raised A$1.3 million in a round led by Purpose Ventures, whose debut fund has reached $45 million after adding $8 million in fresh commitments.
WA venture fund Purpose Ventures stages a discounted founders' dinner on preparing for investment, backed by a state industry fund program and featuring WA founders; the event has since sold out.
Startup News hands out its fifth annual community-voted awards, honouring WeMoney, Stuart Kidd and Paula Taylor, plus Spacecubed's Golden Ticket won by Matilda, and recaps the year's most-read stories including several funding rounds.