Funding & Finance
News, opinions and advice on capital raising and finance strategy.
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
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 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
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.
Vistaprint dives deeper into design, joining forces with the creative platform, 99designs
The combination of 99designs’ large network of talented freelance designers and Vistaprint’s more than 20 million customers will create a global platform which will make it easy for small businesses to access both professional design services and great marketing products in one place.
Australian agtech, DIT technologies’ equity crowdfunding raises $267,000 in first week
The agtech company, which has seen revenue grow from $232,000 to $3.59 million in 2 years, has embarked on this equity crowdfunding campaign with ambitions to continue innovating solutions for food producers.
The Wine Collective proudly unveils Australia’s leading digital wine marketplace
With over 10,000 wines soon to be offered, Australians will gain unprecedented access to the world of wine direct from the cellars of leading Australian and international winemakers that matter.
What the Federal Budget will mean for SMBs
There are big tax cuts for individuals and a number of significant boosts for businesses, all designed to increase spending and boost jobs.
New Aussie venture working to save the planet with quality eats launches equity crowdfunding...
The focus of The Alt Saint’s Birchal campaign will be to expand Saint Frankie, a natural breakfast food company that produces quality, plant-based items, including muesli and granola, alternative milks and ready to drink (R2D) coffee, and help save critically endangered animals from extinction along the way.
Aussie logistics start-up Ofload secures AU$2.8M seed funding led by Maersk
In order to address the significant issue of wastage in the road freight industry, Ofload’s digital platform live matches quality shippers with vetted and reliable carriers―reducing empty miles and idle time for small to medium businesses and ultimately providing better service at a lower price.
Socialsuite secures $1.5 million funding as social issues add pressure on not-for-profits
The proceeds from the capital raise will be used to support growth and continue to enhance the product.
Sendle raises $19 million to help small businesses thrive, as eCommerce grows in Australia...
The additional capital will be used to ensure Sendle’s network is stronger and more reliable than ever, and ensure small businesses can deliver to increased customer demand in the coming months and ahead of Christmas.
Insurtech disruptor Open receives backing from AirTree to support its global growth
By using tech to automate insurance, from quote to claim, we’ve significantly improved the product experience, simplifying insurance for brokers, brands and customers” Jason Wilby, co-founder and CEO of Open said.
Sydney-based Lyka Pet Food secures $1.57 million in funding during the recession
Lyka successfully addresses two key needs of the modern dog owner: nutritious produce in a delivery subscription format that suits their lifestyle.”
Longtail UX secures $2.25 million supplementary investment led by Woolworths Group’s VC arm W23
The investment will further support Longtail UX’s international expansion and delivery of its full self-service platform, as well as enhancing the launch of Longtail UX’s new product - LUX Shopping.
Digital Wine Ventures raises $6m to fund launch of a wine trade marketplace
The volume of cases processed through the cloud-based platform over the last three months doubled as Australians took advantage of online ordering to purchase from their favourite wineries as an alternative to visiting retail outlets and shopping centres.
Australia’s most sturdy esports franchise, ORDER, publicly launches Series B funding
For any sporting organisation to thrive in recent times, they have to have taken risks and driven a fan-first culture.
Stone & Chalk acquires Ribit, digital matchmaker for students and businesses
We will continue to ensure that students from every institution around Australia can access the most rewarding jobs and career opportunities in the country and to ensure as much talent as possible is able to flow to the sectors with the highest growth potential.
Neuromersiv, a MedTech startup developing a VR solution for neurorehabilitation just received $1 million...
“We plan to position ourselves as a world-leading, clinically validated VR based rehabilitation therapy solution”, Neuromersiv’s CEO, Anshul Dayal said.
