Funding & Finance Archives - Anthill Online
Saturday, February 25, 2017

Funding & Finance

Funding & Finance
News, opinions and advice on capital raising and finance strategy.

A VR archaeology startup, Lithodomos VR, has received $900,000 in seed funding. The company creates reconstructions of the ancient world in VR for the tourism, education and entertainment industries.

On Christmas Eve 2016 Deputy signed definitive documents for a US$25M Series-A investment from OpenView Venture Partners. The prior eight weeks had been intense and competitive. In the true sense, OpenView won the deal.

Australia’s Girl Geek Academy has announced a raise of $1.3 million to roll out its #SheHacks Victoria hackathon, a world first, all-female initiative bringing women together to support them in creating new technology businesses across the state.

Workforce management solution provider, Deputy recently announced it has received US$25M in Series A financing from OpenView. This funding marks the company’s first from an institutional investor in its eight year history

Australia has about 1.2 million SMEs that are employers. They represent 70 per cent of private-sector employment. There is plenty of demand for finance for SMEs.

Lighthouse.io, an Australian startup aimed at modernising the way cleaning and security services are delivered, has closed $1.25 million in funding

Jobs for NSW is backing fintech start-up accelerator H2 Ventures, with a loan guarantee of $2 million to enable the company to access a $4 million loan by Investec Australia Limited.

Just as disruptive start-ups are rethinking almost every industry out there, alternative lenders are assessing risk in an innovative way, using big data in real time to enable more businesses to get the capital they need for growth.

Did you attain your financial goals, and ready yourself for the New Year? If not, incorporating a business goal into a resolution is a great way to maintain good financial health.

VentureCrowd raised $155,000 in convertible notes, as part of a larger US$3 million funding round led by reputable venture capital firms like CE Ventures, AfterDox, Plus Ventures and 2B Angels.

The new fund is being set up in response to escalating demand from its client base, who are aiming to take more risk with their portfolio and diversify away from traditional investments in Australia, such as property.

Investing further in GO1 was a no brainer. GO1 is the perfect example of a startup who absolutely gets it and is poised to grow rapidly all over the world into a leading provider of learning and management platforms.

A trio of student led start-ups, showcasing UniSA entrepreneurial talent, have been named this year’s Venture Catalyst winners as UniSA’s Innovation and Collaboration Centre (ICC) celebrates its first anniversary.

One10 are offering places for up to 12 startups to participate in Activate, and 5 scaleups in Amplify in each location, Melbourne, Sydney, Brisbane and its first regional centre Geelong, Victoria.

Richard Webb from StartMesh, a high-profile entrepreneur, mentor, investor and disruptor shares what VCs look for when investing in start-up companies.

We believe that Sidecar Fund 2 will similarly provide investors with opportunities to support promising Australian startups as they scale innovative ideas into businesses of great value.

While Bill highlighted that this was an effective framework to use, he stressed that it was a guideline only and that other pitch structures can be just as effective.

Israeli startup HearMeOut is taking on the likes of Google and Apple in a bid to capitalise an emerging demand for voice tech, listing on the ASX ahead of its planned launch in the US next year.

If Austrade has specifically designed a special category under this grant for marketing consultants, it shows that they understand the limitations and the challenges around breaking into an overseas market like Asia.

The Australian banking “cartel” has been the thorn in the SME’s side. Now that financial disruption is on the front page it will be interesting to see what happens with Apple Pay and the banking cartel.

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