Funding & Finance
News, opinions and advice on capital raising and finance strategy.
Small business cash flow: What you need to consider in the age of COVID-19
With businesses facing immense obstacles and having to strategise quickly in the face of short- and long-term impacts of COVID-19, ensuring that your cash flow continues has never been more important.
Australian SaaS startup Longtail UX secures $5 million capital raise in a funding round...
Longtail UX, an Australian SaaS startup that connects searchers to products in a single click, has secured $5 million in new capital in a funding round led by Investec
Melbourne-based AEV Robotics has raised $2.5 million to drive the future of autonomous transport
Investible, one of Australia’s most active VCs at seed stage, has participated in a $2.5 million funding round for AEV Robotics, a Melbourne-based technology company that is poised to dramatically improve the affordability and scalability of low-speed autonomous vehicles and autonomous fleet services.
Payments startup Fast has secured A$30 million in a Series A round led by...
Fast will use the investment to accelerate the global rollout of Fast Checkout, its universal one-click purchase product for e-commerce and to further grow its product and engineering teams.
What these CEOs had to say about the $15 billion government announcement to support...
The government yesterday announced an investment of up to $15 billion to enable smaller lenders to continue supporting Australian consumers and small businesses.
How the Commonwealth government economic stimulus package will help your business
Last week, the Morrison Government announced a multi-billion-dollar economic plan to mitigate challenges faced by the impact of COVID-19, in a move that was seen to be timely, sensible, and proportionate.
Artificial Intelligence (AI) startup Reejig raises $2.2 million to transform HR
Reejig, an AI company that uses big data, deep learning and audited AI to help companies find, recruit and move talent today announced it has completed its first capital raise of A$2.2 million.
Ed-tech startup Zookal raises $15 million to accelerate its growth in South East Asia
Zookal, the global student support platform that provides a variety of services and products such as textbooks to help make student university life easy has raised AUD$15 million in equity funding in an oversubscribed round to accelerate the company's growth in South East Asia.
St.George is offering $100,000 to support Australia’s brightest business ideas
St.George is calling for nominations from entrepreneurs and small-medium enterprises (SMEs) across NSW, QLD and ACT to enter its Kick Start program to win a share of a $100,000 grant to help start their business or bring an idea for their existing business to life.
E-learning platform Coassemble lands $4.4m Series A funding round to democratize online training for...
Coassemble, a company democratizing online training for global brands, has announced a $4.4M Series A funding round led by Equity Venture Partners (EVP) and advised by Clinton Capital Partners.
Childcare platform Juggle Street launches equity crowdfunding campaign, has grown to more than 93k...
The demand for flexible, last-minute childcare, as well as gig economy workers, is on the rise. Neighbourhood network, Juggle Street, has hit more than 93,000 registered users across Australia and New Zealand with 1000 plus new users signing up every week.
The ‘Atlassian of dealtech’ has pulled off a phenomenal $26.5 million ASX IPO
Australian dealtech platform company, thedocyard, has begun trading on the ASX after being fully subscribed by a mix of private and institutional investors in Australia, the UK and across Asia, following a hugely successful roadshow.
Prospection raises $10m Series A round to fuel innovation in healthcare analytics
Australian healthcare analytics pioneer Prospection has raised A$10 million in its first external funding round, led by Main Sequence Ventures’ CSIRO Innovation Fund and Horizons Ventures.
Clipchamp raises $13.2m in Series A to empower the world’s creatives with its next-generation...
Global video creation platform Clipchamp, Inc. has announced it has raised $13.2 million in a Series A funding round to deliver on its vision of making the creation of beautiful video content accessible to creatives and enterprises.
Australian start-up DingGo targets national expansion following $500K investment
Australian start-up DingGo, creator of an online platform for smash repairs, has announced plans to leverage a half-a-million-dollar matched grant to expand across Australia and beyond.
Real estate giant Ray White invests $3 million in Aussie proptech startup NurtureCloud
Australasia’s largest real estate agency, Ray White, has just invested $3m into Sydney-based proptech company NurtureCloud, to both improve its own network’s offering as well as being part of exploring international opportunities for the product.
Aussie sports tech firm Lumin Sports seeking $750K capital raise to target overseas sporting...
Lumin Sports Technology, an Adelaide-based sports technology start-up, is looking to raise $750,000 from investors to enable the company to finalise its platform as a turnkey solution to deliver to professional sports organisations in Europe and the United States.
Neobank Volt closes $70m oversubscribed Series C; hits $100m total funding and sets sights...
Australia's first neobank, Volt Bank Limited (Volt) has closed a $70m Series C equity funding round, which was oversubscribed by $10m beyond the original target of $60m.
HashChing completes successful capital raise to transform its mortgage brokerage platform
Leading Australian mortgage broker platform, HashChing has announced it has recently completed a successful capital raise. HashChing has over 60,000 customers who have utilised the platform to find better loans and make lending more efficient for mortgage brokers.
Spoke Phone raises $6.7 million Series A funding round to kill the desk phone
Mobile voice company Spoke Phone announced it has raised $6.7 million in Series A funding, in a capital raising round led by Australian venture capital firm, Marbruck Investments, with support from New Zealand-based Icehouse Ventures and Sir Stephen Tindall’s K1W1 fund.
