Simon Griffiths

Runway May 24: The 7 startups revealing venture raises this week

Weekly roundup covering seven ANZ startup raises — Bare Funerals, Humii, WeMoney, CLT Toolbox, Clean Slate Clinic, SpatialGPT and Great Wrap — plus LaunchVic's $900,000 into Paul Little's Skalata fund.

Also Startup Daily·Startup Daily

Hawke's Brewing and Bare Funerals toast $1 million media-for-equity deals

Scaleup Mediafund's $15 million third fund has made its first two investments, backing Hawke's Brewing and Bare with roughly $1 million in advertising apiece; oOh!media joined as an investor.

Chipper Cash Becomes A Unicorn & Mr Yum raises US$65m Series A led by Tiger Global

TEN13 newsletter reporting Chipper Cash's US$150m unicorn round, Mr Yum's Tiger Global-led Series A, and new investments in Payhippo, Preezie, Pushas and Heaps Normal, plus portfolio updates.

Also Skalata Ventures·Skalata Ventures·Archangel Ventures portfolio·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·TechCrunch Australia·Tech Funding News - Australia·Australian FinTech·Women's Agenda·Beef Central / Grain Central·Forbes Australia·SmartCompany·LaunchVic

AirTree and Antler-backed addiction app Lived shuts down as founder battles health concerns

Sally Metelerkamp's addiction app Lived has closed as she manages health problems; the story recalls its Antler incubator origins, a 2021 launch backed with $2.5 million, and $4 million more raised.

Agtech startup Bardee remains Bunnings supplier amid staff challenges

Bardee still supplies Bunnings and farmers despite big layoffs, slower production, and two regulator investigations; the agtech startup has raised $8 million, including a $5 million Blackbird-backed seed round.

Compostable stretch wrap startup raises $11 million Series A

Victorian compostable stretch wrap maker Great Wrap has secured an $11 million Series A from impact backers plus $13 million in asset financing, supporting a new Tullamarine plant and coming overseas expansion.

Also AgFunderNews·Startup Daily·AgFunderNews

Funeral disruptor defies deadly market conditions to bank $10m

Republished AFR report on funeral startup Bare banking a ten-million-dollar round from Perennial and Ord Minnett, plus rival Willed's June raise from Thorney, Ellerston and a Bell Potter investor.

Also OIF Ventures portfolio·SmartCompany·Startup Daily·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany

AfterWork Ventures co-founders named in Forbes 30 under 30

The co-founders of Sydney venture firm AfterWork Ventures have been recognised on the Forbes Asia young leaders list, alongside other regional founders and investors; the firm earlier reached a $10 million first close on its fund.

Non-alcoholic beer brand Heaps Normal bags $8.5 million to accelerate its mission to change Aussie drinking culture

Non-alcoholic beer maker Heaps Normal has secured Series A backing to fund a new brewhouse, onboarding strategic individual investors a year after graduating from Startmate with a smaller cash injection.

Who Gives A Crap brings on first investors with $41.5m raise

Toilet paper social enterprise Who Gives A Crap has taken its first outside capital, a $41.5 million round led by Verlinvest with Grok Ventures, Airtree, Giant Leap and prominent founders and athletes involved.

Also privateequitywire.co.uk·SmartCompany·SmartCompany·onimpact.com.au