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Energy grid digital twin platform Neara turns unicorn with $90 million Series D

Australian grid-modelling startup Neara raised a $90 million Series D led by TCV, valuing the company above $1 billion, funding ML and expansion.

Zucchetti deepens strategic partnership with SiteMinder, unlocking new revenue potential for the world’s hotels

Italian hotel-tech firm Zucchetti is widening its integration with ASX-listed SiteMinder, connecting more of its hospitality products to the Sydney company's platform so mutual hotel clients can capture extra booking revenue.

Cheque-in: 10 ANZ startups raised nearly $193 million this week

Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.

Neara powers up to unicorn status with $90 million capital raise

Neara joins the unicorn club after a TCV-led $90 million Series D at a $1.1 billion valuation, with existing backers participating; funds will fuel global expansion and engineering hires.

Also Startup Daily·RenewEconomy·RenewEconomy·Startup Daily

How EatClub rebuilt after COVID to hit $100m valuation

Forbes Australia profiles EatClub co-founder Pan Koutlakis, whose restaurant discount app raised $18.2 million in a Series A led by Co:Act Capital to fund UK expansion after a near-collapse during COVID.

Customer experience platform Brainfish hooks $9.8 million pre-Series A

Sydney AI customer-support startup Brainfish has secured a $9.8 million pre-Series A, with Prosus Ventures leading and existing backers Peak XV's Surge and Macdoch Ventures participating, to fund its US expansion.

Also SmartCompany·SmartCompany

ASX-listed Bailador says its $25 million investment in fintech Dash is now worth 59% more

Bailador's stake in DASH has grown 59% to $44.7m after the Sydney-based fintech signed a fresh raise at a higher valuation; the piece also recalls its earlier investments and stakes in PropHero and Rosterfy.

Also Australian FinTech

Seven ANZ startups that raised $42.8 million this week

Weekly roundup of seven Australian and New Zealand raises totalling $42.8 million, spanning property-investment AI, workforce credentialing, allied-health practice software, conversation analytics, maths learning games, copper processing and holiday-park bookings.

Telehealth startup Updoc secures $20 million from ASX-listed Bailador

SmartCompany reports digital health platform Updoc raised $20 million from ASX-listed investor Bailador, its first external capital, and notes the telehealth sector's recent funding activity, including InstantScripts' earlier sale to Wesfarmers.

Also Startup Daily·SmartCompany·Startup Daily·SmartCompany·Forbes Australia·Forbes Australia·Forbes Australia

PropHero Raises Record Breaking Series A Round

Sydney AI property-investment platform PropHero raised a $25 million Series A led by Bailador, who provided half, with five other investors participating; Bailador co-founder David Kirk joins PropHero's board.

Also Capital Brief·Startup Daily·realestatebusiness.com.au·proptechnews.com.au·SmartCompany·Startup Daily·Forbes Australia·Forbes Australia·proptechaustralia.com.au

Hotels platform SiteMinder signs up former Xero boss Trent Innes as chief growth officer

Nine Aussie startups that raised more than $104 million this week

Weekly roundup reporting nine Australian startups that together secured roughly $104 million across sports tech, semiconductors, regtech, legal automation, SaaS, edtech, agtech and biotech, with Vald's $36 million the largest.

Also Techboard

Aussie startups raised $471 million in September — the strongest funding month since March

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·Startup Daily

Amaysim's Rolf Hansen backs boat rental marketplace Floatspace in hunt for $3 million Series A

Boat rental marketplace Floatspace has added Amaysim co-founder Rolf Hansen as an investor and board member, and is now seeking a $3 million Series A to grow in Australia and the US.

NASDAQ giant swoops on Canberra start-up in $500m+ deal

OIF Ventures republishes an AFR report on NetApp buying Canberra data-technology firm Instaclustr for a reported $500 million-plus, covering founder paydays and the fund's returns, including a 20-times outcome on its early backing.

Accountancy software startup Karbon counts on $93 million raise

Cloud accounting practice management firm Karbon has secured a large new investment from US firm Tidemark Capital, its second backing within a year, lifting the business's worth roughly fivefold since early 2021.

Also SmartCompany·Techboard

Accounting software startup Karbon banks $93 million

Accounting software firm Karbon raised US$66 million led by Tidemark Capital, following earlier 2021 and 2018 raises. The piece also recalls Paycycle's sale to Xero and notes CBA's investment in Paypa Plane.

Go1 becomes latest Aussie unicorn, cracking $1 billion valuation

Republished AFR report recalls Go1's earlier backing and Series C investors, including OIF, while its reported Series D at a billion-dollar valuation remains in progress and a listing is flagged.

Also SmartCompany·SmartCompany