IoT startup MOVUS raises $4.8 million from “trifecta” of Aussie investors to continue growing its “unsexy” products
The bid by Aussie startup MOVUS to capture the “unsexy” side of Internet of Things and artificial intelligence technology has struck a chord with some of Australia’s biggest investing names, who have parted with $4.8 million to help propel the startup to international growth.
Australia’s first equity crowdfunding raises finalised as neobank Xinja pockets $2.16 million from investors
Australia’s first equity crowdfunding campaigns are now in their final stages, with founders saying the response from everyday investors has exceeded expectations.
Payments startup QPay wants to be the challenger bank for millennials and has $570,000 from Sydney Angels to get there
Payments startup QPay wants to be the challenger bank for millennials — and the founders reckon they’ll be first to the punch.
Ex-Google, Friendster alumni Richard Kimber raises $8.8 million for AI startup Daisee
Australian startup Daisee is stepping closer to its goal of “democratising artificial intelligence” after a recently closing an $8.8 million Series A funding round, despite only launching in August last year.
Nanosatellite startup Myriota backed by Boeing in $19.4 million Series A funding round
Adelaide-based nanosatellites startup Myriota has finalised a $US15 million ($19.4 million) Series A capital raise backed by Boeing and Blue Sky Ventures, continuing a wave of interest and investment in Aussie spacetech startups.
SME software startup Employment Hero closes $8 million Series B, backed by OneVentures, SEEK
After closing an $8 million Series B from industry heavyweights such as SEEK and OneVentures, the founder of Aussie startup Employment Hero recommends other founders always close deals “on your own terms”.
Corporate ridesharing startup Liftango raises $675,000 in seed round, eyes autonomous vehicle offering
Sydney based corporate ridesharing startup Liftango has closed a $675,000 seed round after battling through a number of failed pitches, with co-founder Trystan Eeles warning founders to not count their chickens before they hatch.
LocalAgentFinder raises $5.5 million in News Corp-led round, continues to mull over ASX listing
A slew of News Corp-owned entities have led a $5.5 million funding round for Melbourne real estate startup LocalAgentFinder as it mulls over pursuing an ASX listing towards the end of the year.
Cybersecurity startup Forticode lands $1.3 million investment after “throwing away one million lines of code”
Melbourne cybersecurity startup Forticode has received a $1.3 million investment from Aussie software company Pronto Software in what founder Tony Smales says is a “critical junction” in his startup’s history.
Agriculture blockchain startup AgriDigital closes $5.5 million raise with plans for integrated digital currency
Australian agriculture blockchain startup AgriDigital has successfully finalised a $5.5 million Series A raise, which will see the company begin to investigate its own “Agricoin” digital currency, along with soft launches into international markets.
Identity verification startup Everproof closes $1.5 million seed round, starts planning for Silicon Valley-backed Series A
Australian digital identity verification startup Everproof has completed a $1.5 million seed funding round.
Tech investment and acquisitions skyrocketed over 2017, but investors warn individual raises might decrease
The number of Australian tech deals shot up in 2017 compared to the year before, but the average value of the deals being done has remained largely the same.
