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Funding & Finance

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

How to find the best partnerships to align with your startup’s growth plans

I truly believe strategic partnerships should be a part of every startup’s journey, as they help nurture relationships with others in the same industry, and help grow both your business and others’.

Australia’s virtual card technology secures a further $1.7 million in Series A funding.

DiviPay solves a common pain point for small and large businesses alike: issuing corporate cards to staff while staying in control of spending and collecting receipts and accounting data.

Penny the Pig: World’s pioneering kid-friendly Bitcoin piggy bank unveiled.

Kid-friendly crypto piggy bank, Penny the Pig, integrates with crypto wallets like Coinbase and Metamask, and will enable mining in next product iteration.

Lyka Pet Food acquires The Wholesome Dog, cementing their position as a leader in...

Lyka Pet Food, a direct-to-consumer fresh pet food company has announced that it has acquired The Wholesome Dog, a Melbourne-based competitor.

Ex CEO of oOh Media Brendon Cook joins influencer marketing platform Vamp

He brings a wealth of media experience and will help to strengthen Vamp’s leadership and go-to-market strategies at this important stage of our growth.

Commonwealth Bank of Australia’s x15ventures invests $1 million in Identitii’s subsidiary, Payble

x15ventures invests $1.0 million to acquire a minority stake in Payble, with funds used to accelerate growth plans. Payble is x15ventures’ first minority equity investment. Payble leverages Identitii’s participation in the ACCC’s Consumer Data Right(CDR) Trial, to fix failed and late payments before they happen. x15ventures has appointed Chris Austin to Payble’s Board of Directors

Health & lifestyle startup Sundose, raises US$6 million in Series A funding round.

Warsaw-based direct-to-consumer personalised supplement platform Sundose has raised $6 million in a Series A round led by DX Ventures and Atmos Ventures.

Investible welcomes new CEO, raises $50m fund positioning itself to lead in seed.

Investible expands its commitment to become Australia’s preeminent seed-stage investment group, announcing financial services industry veteran Rod Bristow as CEO and its plans to raise a second early-stage fund.

Agrotonomy Tower Farms’ response to Corona virus with vertical farming!

When COVID-19 led to the first wave of quarantines in March 2020, Agrotonomy Tower Farms started to donate up to 95% of our vegetables and food production to low-income individuals.

Airwallex’s latest US$100 million capital raising puts valuation at US$2.6 billion

Continuing the momentum of its hyper growth in 2020, Airwallex has announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension.

Simple tips for managing your finances when indulging in self-employment

Working for yourself and running your own business provides many advantages for example accessing creative freedom, independence, and flexibility of managing your own schedule. At the same time, self-employment comes with great responsibility. The somewhat unpredictable nature of self-employment requires you to manage your money extremely attentively
Deferit co-founders Mat Blas and Jonty Hirsowitz

Deferit in multi-million dollar raise to accelerate growth and build team

The bill now, pay later business has raised AU$15M in oversubscribed Series B funding round led by existing investor Carthona Capital and new investor Alceon Group.

Everything you need to know about the financials when kicking off your startup

To start with, a Business Plan should describe what business you are in, the products or services you will sell to make money and how it will operate, including what staff you may need.
GreaseBoss' Peter Condoleon, Steve Barnett, Tim Hall

Aussie startup GreaseBoss selected by leading US seed accelerator Y Combinator

We put together an effective solution within just a few months and today are launching GreaseBoss technology into the hands of equipment maintenance teams around the world to enable safer, smarter and more productive industrial operations
Ben Thompson, CEO and co-founder of Employment Hero

Employment Hero raises $45 million in Series D funding round to fuel both local...

“This latest round of funding will allow us to continue building powerful features to simplify employment. It also enables us to reach more of the world. I started Employment Hero to help as many SMEs as possible and this is the next step in that journey,” said Ben Thompson, CEO and co-founder of Employment Hero
News Corporation & REA Group invest in BRICKLET Series A round

News Corporation & REA Group invest in property platform BRICKLET’s Series A round

BRICKLET will be looking to use its Series A capital raise to further scale the platform by investing heavily in branding and marketing activity.
Neo-financial services platform WLTH launches, but don’t call them a bank

Neo-financial services platform WLTH launches, but don’t call them a bank

Founded in Brisbane in 2019 by serial entrepreneurs Brodie Haupt, Drew Haupt, Darren Hodgkin and John Kerr, WLTH will bring to market a suite of tech-centric products, including commercial and residential lending, feature-laden transactional accounts, a powerful payments app, a high value loyalty system and a pipeline, including a myriad of further fintech solutions.

Far North Qld startup TomKat receives seed investment of $600k to help save the...

Far north QLD fishers secured a $450k seed investment round lead by the Australian Food & Farming Fund to launch its sustainable alternative to polystyrene boxes and single use plastic.
Sydney-based B2B tech startup, Pathzero closes a AU$1M seed investment round

Sydney-based B2B tech startup, Pathzero closes a AU$1M seed investment round

Sydney based software company, Pathzero, today announced it has closed a AU$1M seed investment round. Backed by leading...
Lumos Diagnostics raises AU$25m in oversubscribed pre-IPO capital raise

Lumos Diagnostics raises AU$25m in oversubscribed pre-IPO capital raise

The unique ability of the FebriDx test to identify patients as viral or bacterial within 10 minutes helps guide clinical decision making – whether that is isolation for those identified as having a virus, antibiotic prescriptions for bacterial infections, or simply reassurance that an infection is not present.

FREE BUSINESS TOOLS

How to zig when everyone else is zagging, with Julio De...

Why is it that some business owners appear impervious to business obstacles and upsets? In some cases, it seems that it’s the obstacles that drive certain personality types to success. In this CHEAT SHEET, we share five ways of thinking to respond to INDUSTRY, ECONOMIC, BRAND, SOCIETAL and PERSONAL shifts.

FREE BUSINESS TOOL

How to secure lucrative sponsorships in five steps [CHEAT SHEET]

If you’re running an event or any major initiative, you’ve got overheads, marketing responsibilities and a small army of people counting on you. And, of...

INFOGRAPHICS

New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

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...

OPINIONS & ADVICE