InDebted raises $22.5 million and cuts 40 staff, CEO says no more ‘growth at all costs’
InDebted has doubled its valuation to $200 million through its latest capital raise, but this wasn't enough to stop it from shedding 17% of its staff.
Sidekicker cements long-term Seek partnership with $20 million raise
Sidekicker has forged a partnership with Seek since the recruitment giant came on board as its sole investor in 2015.
Bridge Road Brewers secures $1.5 million in equity crowdfunding, becoming Victoria’s latest craft brewery investment success story
The Beechworth-based company closed its Birchal campaign at 10pm Thursday after accruing $1.5 million in support from 872 separate investors.
Okra Solar’s US$2.1 million raise will help the Aussie deep tech startup bring electricity to more than 1 million people
The startup will scale up distribution of its product and electrify more than 290,000 off-grid homes in Nigeria and other countries in the next three years.
Female-founded VAPAR raises $2.5 million to take on sewage pipelines and storm drains
Australian AI startup VAPAR has raised $2.5 million in seed funding, with the aim of taking its sewer-repairing AI to the UK and US markets.
How FoodByUs grew its supplier network from 200 to 2200 in less than 12 months
FoodByUs co-founder Ben Lipschitz says implementing new tech is all well and good, but the real secret to success is knowing your customers.
Blackbird and Square Peg investors in digital business card startup Blinq’s $5 million raise
Blinq lets users share digital business cards quickly and easily with others, using the app and an NFC card, short link, email signature, video call background, or QR Code.
Domain invests $1.2 million in new kid on the block KindiCare’s seed round
Domain Group's $1.2 million pledge led the seed round for KindiCare, making the real estate giant the largest individual investor in the $3.3 million pot.
Shippit sets its sights on south-east Asia after $65 million Series B2 raise
"Capital raising is like Formula 1," says Shippit chief executive Will On, after his company secured new funding to help fuel its continued expansion into Asia.
Australian fitness tech startup Vitruvian raises US$15 million as it eyes US expansion
The Perth-based fitness startup has its sights set on gaining a stronger foothold in the North American market.
Auto tech startup Splend secures $150 million to build a fleet of 10,000 EVs by 2024
Splend is a subscription business that provides cars to rideshare and delivery drivers, along with vehicle financing tailored to the sector.
Cascade raises $40 million to disrupt the consultancy industry
The tech platform wants to disrupt the established world of big consultants, which brings in $1 trillion globally each year and is dominated by several major players.
