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News, opinions and advice on capital raising and finance strategy.

University of Melbourne spin-out attracts $14m investment for vaccine to treat gum disease that...

The company was set-up to develop and commercialise the research outputs of a long-running programme originating from the University of Melbourne working in collaboration with CSL.

Practice Ignition raises AU$26m Series B funding round to transform the accounting and bookkeeping...

Practice Ignition, a software solution for accountants, announced it has completed its Series B round, raising AU$26 million, led by Tiger Global Management.

Shark Tank success Rhinohide reaches 100 per cent of its funding goal on Equitise

West Australian 4x4 protective armour business Rhinohide has announced it has reached 100 per cent of its funding target, securing $500,000 from the “crowd” on Equitise.

AmazingCo raises $5.1m Series A funding round to bring moments of connectivity to the...

AmazingCo, the Melbourne-founded experiences platform that has expanded across 23 American cities in the past six months, recently announced it has closed a $5.1m Series A funding round, with participation from Aconex founders, Rampersand VC, Artesian and Macdoch Ventures.

Looking to take the next step? How to use a business credit card to...

Getting a business credit card when you first start your venture helps separate your business and personal finances, which makes good financial sense. That, however, is just the beginning of how a business credit card can help you succeed.

Australian tech company Culture Amp raises US$82m (A$122m) to create a better world of...

The financing, which brings the total funds raised by the company to over USD$158million, will be used to accelerate Culture Amp’s global expansion and the development of innovative products and offerings that enable companies to build a better world of work.

Global VC bets on Australian quantum computing start-up Q-CTRL in US$15m Series A funding...

Since its founding in 2017, Q-CTRL has rapidly established itself as a global leader in the quantum computing space. In 2018 it was named as the only company outside of North America to be included in IBM's hand-picked network of startups working to advance the emerging quantum computing industry.

Parking app Parkable raises NZ$4.6 million in first-round funding led by Spark

The funds will be used to increase Parkable’s dominance of New Zealand’s shared economy parking market, further develop its presence in Australia and China and explore new international markets.

DC Power Co raises $1.6m in round two of its fight against the big...

DC Power Co plans to unlock the collective power of Australia’s two million solar households to create a large-scale competitor to the big energy companies’ coal fired power plants.

Microlearning platform EdApp completes $4.25M follow on raise from SafetyCulture

EdApp is best known for its on-demand microlearning platform which offers companies across all industries, including retail, mining, FMCG and infrastructure, a more effective way to onboard, motivate and train employees.

Australia’s first baby product review site raises $5.5 million to accelerate national growth and...

Local startup and baby product review site, Tell Me Baby, has completed a $5.5 million capital raise in a bid to accelerate its growth within Australia and prepare for its e-commerce launch into China

Telstra-backed AI startup Near raises US$100M to fuel expansion and roll out new platform...

Near, the platform that uses AI to make real-world data actionable, today announced that it has raised USD$100M (AUD$143M) in a Series D funding round.

Blockchain startup Lumachain raises $3.5 million to shine the spotlight on $1.5 trillion food...

Lumachain’s solution has the potential to make food production, manufacturing, and delivery safer, more efficient, and transparent.

The taxman is coming for your deductions! Here’s how you can avoid the crackdown

ATO Assistant Commissioner Karen Foat says that a systematic review of claims has found, and disallowed, some very unusual expenses.

This Aussie fintech has raised a total of $55 million after a $27 million...

Innovative payment plan provider and Australian fintech Payright has completed a $27 million Series D fundraise through a mix of debt and equity, bringing its total...

A female startup founder is opening up about Silicon Valley ‘casting couch’ as she...

The female cofounder of an Aussie startup has revealed the hidden misogyny and sexual harassment that exists within the Silicon Valley investment...

Venture capital investment in Aussie startups has hit a new high of US$1.23 billion

Venture capital (VC) invested in Australian startups hit a record US$1.23 billion in the 2018/19 financial year, according to Venture Pulse Q2...

This Sydney-based tech company has raised $4 million in a round led by Investec

Investec has expanded its local emerging companies’ portfolio by leading a $4million capital raise for Sydney-based technology company Fusion Factory. The...

Oxford University spinout Zegami has secured £1.25 million to transform how businesses deal with...

Zegami, the augmented intelligence company helping businesses unlock their data potential through visual data exploration, has raised £1.25M in equity funding....

This Telstra-backed AI platform has raised US$100 million for expansion and new offerings

Near, the platform that uses AI to make real-world data actionable, today announced that it has raised USD$100M (AUD$143M) in a Series...

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