Funding & Finance Archives - Anthill Online
Saturday, October 22, 2016

Funding & Finance

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

CancerAid, the healthtech start-up that is revolutionising the care of cancer patients globally, has closed its Seed B funding round at $1.25 million. Founded by...

In Australia, billions of dollars are invested in businesses each year from Angel Investors, Venture Capitalists, Personal Investors and more. So what can your business do to attract the right investors, and ensure future growth with valuable business expertise?

There’s no question A.I will change irrevocably the way SMEs obtain finance. What many entrepreneurs may not realise is that it’s already having a demonstrable effect right now in three ways

Point of care digital media company, Medical Channel has raised $25 million and acquired rival digital signage firm Community Network. The combined business now offers advertisers an audience of 6.25 million viewers per month in more than 3200 health providers Australia wide.

In today’s competitive start-up environment, it has become increasingly difficult to secure external seed funding and convince investors that a specific venture will be one of the few that won’t fail.

Havas, one of the world's largest marketing and communications groups, has launched a Corporate Venture arm in Australia, Havas Ventures.

Whispir, the market leader in the Communications-Apps-as-a-Service (CAaaS) industry, recently announced a funding round of $11.75 million.

A total of $220,000 was raised through angel investment in a recent round led by the Sydney Angels group, which included capital from the Sydney Angels Sidecar Fund. Further capital raised through private investors took the total amount raised to $1.5 million.

SproutX, a joint initiative between Findex and the National Farmers’ Federation, has announced a number of programs designed to boost Australia’s $60 billion agriculture industry and herald the country’s next innovation boom through agtech.

The successful launch of in May this year has attracted a number of high profile investors, such as Westpac, that have discovered the service’s potential to redefine how Australians buy or refinance their home.

But as a professional CFO who has worked on both sides of the fence with Start-ups and Venture Capitalists, I can assure you that having a good CFO on board from an early stage, can make a huge difference in your company’s ability to cut through and succeed.

Mentorloop is a cloud based platform designed to make mentoring relationships easier to start, run and participate in for corporates, NFPs, government, universities and individuals themselves.

Investible, the leading startup generator that pairs entrepreneurial education with high quality investment capital, wants to empower more Australians to improve their investing skills and support top start-up talent.

Artesian Venture Partners recently announced the launch of Australia’s first Clean Energy Seed Fund. The $20 million seed fund includes a $10 million cornerstone commitment from the new $1 billion Clean Energy Innovation Fund.

“At One10, we receive so many pitches from people who get lost between the idea and the execution, lacking the skills or process to create a viable, sustainable and impactful business," said Veronica Munro, One10 CEO.

DoseMe, a privately held digital medical solutions provider, recently announced it had closed a $2.6 million Series A financing round, valuing the company at $20 million. The funding was secured from two veteran healthcare executives, Greg Spurgin and Gary Cunningham, both founders of leading US outpatient orthopaedic physical therapy company Results Physiotherapy.

Startupbootcamp received $600,000 for the first year (2016), with the potential of following up funding in the subsequent years. The funds will enable the opening of a hardware lab in Kydo, Melbourne’s IoT and Data Tech Startup Space and will provide the core funding for the launch of the accelerator program in 2017.

The home loan, from a leading Australian specialty lender, is available to start up business owners with no credit scoring. While there is a legal requirement to be able to service the loan and repay the debt – the loan’s terms and conditions are far more favourable to people with new or emerging businesses.

The biggest mistake you can make when pitching your company to a crowdfunding platform is to over-value your company. A good business idea is a powerful thing but without funding it will likely come to nothing. So don’t make the mistake of assuming the idea is worth more than the funding that will make it a reality.

Queensland cruise operator Frankland Islands Cruises, and New South Wales technology company Intersective are among the first Australian small businesses to benefit from export funding through the Small Business Export Loan, the latest finance offering for small businesses from Efic, Australia’s export finance agency.




This cheat sheet was developed to help small business operators harness the incomparable (and undeniable) potency of Facebook to recruit fans, spread the word, and (most importantly) generate inbound business.


Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...