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FUNDED May 2023

Techboard's May 2023 roundup of Australian startup funding: 42 private raises topped by Fleet Space's $50m round, two $40m acquisitions, multiple grants, accelerator intakes, and fund news including GiantLeap's $50m fund raise.

Also Forbes Australia·Startup Daily

Subscription e-bike startup Zoomo cuts jobs again after raising $24 million

E-bike subscription startup Zoomo cut 27 roles in its second restructuring in six months, weeks after client Milkrun's collapse, and disclosed a previously unreported $24 million raise led by Grok Ventures and the CEFC.

Also Techboard

More micromobility layoffs, digging into the Mobileye S-1 and a Rivian recall

TechCrunch's transport newsletter rounds up micromobility job cuts at Tier, Spin and Zoomo, Mobileye's IPO filing years after Intel bought it, new backing for Canada Drives and Halo Car, plus Rivian's safety recall.

Three women appointed to VC OneVentures with women's health focus on the agenda

OneVentures adds three women to senior investment and marketing roles as the Australian venture firm pushes growth in healthcare, biotech and women's health, alongside a Victorian Government-backed venture credit fund.

OneVentures is growing its healthcare and biotech portfolio, with a focus on women-led startups

OneVentures has appointed three women to senior roles as it expands healthcare and biotech investing, with the Victorian Government backing a venture credit fund and the firm winning a diversity award.

Ignition Lane's Weekly Wrap: Tech's climate fight, another big raise week, valuations set to fall?

Ignition Lane's weekly technology roundup: climate-tech funding activity, Grok's bid for AGL, King River Capital's digital asset fund, a batch of Australian startup raises, Maropost acquisitions, GigSuper's collapse and a National AI Centre appointment.

Also Startup Daily

E-bikes, SME lending and rethinking ‘tickets’: Seven $1 million-plus raises you might have missed

Weekly roundup of seven startup raises: OCR Labs' Series B, Zoomo's Series B extension, plus new funding for Lumi, Upflowy, Linkby, Fortiro and Licorice, alongside Scalapay's unicorn round and Arkon Energy's pre-seed.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Techboard·SmartCompany·SmartCompany·Startup Daily·Forbes Australia·Australian FinTech

Mike Cannon-Brookes tips $200 million into renewables finance company Infradebt

Atlassian's Cannon-Brookes, via his family firm Grok Ventures, has invested $200 million in renewables project financier Infradebt days after his AGL bid was rejected; the capital is already funding a Queensland battery project.

Also Startup Daily·Startup Daily

e-bike startup Zoomo tops up Series B with another $28 million

Delivery e-bike firm Zoomo has added US$20 million to its Series B, led by Collaborative Fund, three months after an $80 million round backed by the Atlassian founders' vehicles, lifting total funding beyond $100 million.

Also Startup Daily

Last-mile delivery e-bike supplier Zoomo tacks on $20M to Series B

E-bike supplier Zoomo added $20 million in equity to complete its Series B, led by Collaborative Fund with several strategic backers joining, lifting the delivery-vehicle startup's total funding to $101.5 million.

Also Tech Funding News - Australia

Quiet achievers and COVID successes: SmartCompany's 10 startups to watch in 2022

SmartCompany's year-end list profiles ten Australian startups poised for a big 2022, recalling their 2021 raises, crowdfunding campaigns, government grants and accelerator origins, from mtime and Quantum Brilliance to Zoomo and Superhero.

Also Startup Daily·Startup Daily

Technology lawyers explain what Australian startup founders need to do to prepare for tackling the American market

Two technology lawyers advise Australian founders entering the US market to prioritise intellectual property and privacy compliance, citing client examples Zip Co and Faethm and recent capital raises by Zoomo and Playside.

Ten Aussie startups that raised a total of $267 million this week

Weekly roundup of Australian startup raises, including Airwallex's Series E extension, Fleet Space's Series B and Montu's record crowdfunding, plus Giant Leap raising $19.5 million toward a $50 million second fund.

Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·TechCrunch Australia·Business News Australia·startupscaleup.com.au·SmartCompany

CEFC congratulates Zoomo on $80m raise

Electric delivery vehicle maker Zoomo has closed an oversubscribed Series B of US$60 million (A$80 million), led by new investor Grok Ventures with Skip Capital and ArcTern, plus follow-on from existing backers and a new debt facility.

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

Mike Cannon-Brookes and Scott Farquhar back e-bike startup Zoomo in $80 million raise

E-bike subscription company Zoomo has secured a combined equity and debt round of $80 million, led by Grok Ventures, with Skip Capital, ArcTern and earlier backers also taking part.

Also Startup Daily·Startup Daily

Daily Crunch: Australian micromobility startup Zoomo spins up $60M Series B

Roundup leads with Zoomo's electric-bike subscription raise and covers new funding for Imprint, SOS, Mixpanel, Virtuoso, Monograph, Aplazo and Podium, plus Twitter's purchase of Threader and other technology headlines.

E-bike subscription service Zoomo raises $60M Series B to disrupt last-mile delivery

Australian e-bike subscription startup Zoomo announced a Series B blending equity and debt funding to expand its micromobility offering for couriers into more cities and develop light vehicles for parcels.

Also TechCrunch Australia·Crunchbase News·TechCrunch Australia