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The University of Queensland (UQ) has cemented its position as a leading launchpad for entrepreneurs and a magnet for major investors, with startups from its ilab programs attracting more than $57 million.
Melbourne-based education services start-up Maths Pathway has closed a $AU2.1 million seed investment round, led by Social Ventures Australia (SVA). The $1 million investment from SVA is the organisation’s first equity investment from its $15 million SVA Diversified Impact Fund, which reached final close earlier this year.
Hospitality entrepreneur raises $1 million to launch Australia’s first online premium cocktail subscription service
Cam Northway, one of Australia’s most experienced and knowledgeable beverage experts, is launching a new tech startup, Cocktail Porter, the quenching solution that discerning fans of premium drinks have been waiting for.
Autonomous drone startup Emesent raises $3.5 million to unlock safer, more productive future for underground mines
Emesent, a drone autonomy spin-out from CSIRO's Data61, the technology arm of Australia's national science agency, has raised $3.5 million in venture capital to commercialise its first product, Hovermap
Six months after launch, CannVaLate, Australia’s largest network of cannabis prescribing medicinal clinics, has raised $4 milion in Series A funding, with over 50% of funds coming from the medical profession. The company plans to go to IPO in early 2019.
Australian energy technology company carbonTRACK has begun its second round of funding – seeking $10 million - to help it fast-track its growth in the US and expand into Europe.
Digital marketing technology start-up Sinorbis announced a Series A investment of $4m led by Jelix Ventures. Other investors include Executive Channel Holdings who led the previous round of early stage funding in April 2017.
Sourcr’s platform leverages AI, data and extensive networks to help companies hire right, hire fast and hire confidently and crucially, retains the human relationship element.
myInterview, a leading video job interview platform developed in Australia and Israel, has successfully completed a second round capital raise of $AUD1.6million, through a consortium led by VC firm Entrée Capital, and former LinkedIn ANZ & SEA MD, Cliff Rosenberg.
Ed App, the leading mobile-first technology company that facilitates more than 35,000 micro lessons daily, has announced it has raised $4 million from workplace solutions tech company, SafetyCulture.
With the FarmWizard acquisition, AgriWebb is positioned to develop a more advanced farm management product suite that will consolidate FarmWizard’s dairy and individual animal management functionality with AgriWebb’s existing cloud-based livestock herd management software.
The panelists also included Edwina Sharrock, Birth Beat founder and Tank Stream Labs & Slingshot HCF Catalyst Program Alumni who will be featuring on the final episode of Shark Tank and James Willis, owner & founder of The Mason Baker, who appeared live in Shark Tank and received investment from Andrew Banks and Naomi Simson.
Social networking app Travello raises AUD$5 million to build the world’s largest online community...
Founded in 2015 by two footy mates from northern Queensland, Travello connects travellers from all corners of the globe, recommends experiences and allows users to browse and book more than 50,000 activities. The social networking app is currently used by more than 350,000 travellers in 180 countries. In July 2018 alone, Travello recorded 1.8M events on the Travello feed.
Student marketplace and payments app, QPay, has secured a $1 million cash injection after funding from the Sydney Angels Sidecar Fund 2 was supplemented by a $380,000 combined investment by Steve Baxter and Naomi Simpson in exchange for 8.4 per cent of the firm’s equity during the recent episode of Shark Tank.
Online subscription platform GiggedIn is transforming how live music and entertainment is consumed by making it more affordable, easier and accessible for Australians, particularly millennials, who love the nightlife.
AmazingCo, a data-driven experiences platform, recently announced a $2.3 million raise led by Rampersand VC, including Macdoch Ventures, Aconex’s founders Leigh Jasper and Rob Phillpot, Luxury Escapes co-founder Adam Schwab and Richmond AFL captain Trent Cotchin.
Australian venture capital (VC) invested in Australia hit a record US$630 million in the 2017/18 financial year, according to Venture Pulse Q2 2018, the quarterly global VC trends report published by KPMG.
The company, which has been consistently doubling revenue each year, will use the new round of capital to support continued growth and expansion in the United States. Its impressive client list includes Facebook, Google, Unilever, Diageo, HP and Citibank.
The raise was led by Bell Potter, one of Australia’s largest full-service stockbrokers. The raise was focused on dramatically accelerating Credit Clears' technology and product functionality to scale its impact and to expand its disruptive payment technology in to the United States.
Alternative assets crowdfunding platform VentureCrowd recently announced the first ever crowdfunding exit of a startup in Australia through an equity crowdfunding platform with the listing of transfer comparison site Jayride.com.