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Venture Crowd parent company in administration as creditors seek $7. 3 million
4+ day, 2+ hour ago (10+ words) Smart Company...
SEEK to sell Employment Hero stake after court battle ends
2+ mon, 1+ week ago (550+ words) SEEK's venture arm has launched a process to sell its stake in HR software platform Employment Hero, formally separating the long-standing investor-partner relationship months after the companies resolved a Federal Court dispute over platform access. The divestment was announced to…...
AI data centre startup Firmus looks to raise another $725 million at $8 billion valuation
3+ week, 3+ day ago (775+ words) Investors continue to pour astonishing levels of capital into Sydney-founded Firmus Technologies, which has confirmed it's set to raise another US$505 million (AU$725 million) at an AU$8 billion valuation. In a carefully worded statement released Tuesday morning after news of…...
Five Aussie startups that raised $30. 1 million this week
3+ week, 1+ day ago (836+ words) After figurative tumbleweed blew through the startup sector in the lead-up to Easter, things are looking much healthier this week. Five Australian startups have raised a combined $30. 1 million, with funding flowing into enterprise AI infrastructure, vertical software, women's health diagnostics…...
Canva snaps up Doohly for $30 million to crack outdoor advertising
1+ mon, 1+ week ago (418+ words) Capital Brief first reported the deal, and if the price is right, there's considerable upside for the six-year-old Melbourne adtech platform's founders, Sean Law and Tom Sawkins, and investors, including Paul Little's Skalata, along with Archangel Ventures, which backed a…...
NSW startup Cauldron adds $13. 25 million to its funding pot
1+ mon, 1+ week ago (518+ words) New South Wales biomanufacturing startup Cauldron has secured $13. 25 million in new funding in a Series A2 round led by leading deep tech venture firm Main Sequence Ventures. Horizon Ventures, SOSV and NGS Super also backed the Orange-based startup, which has now…...
Holy cow! NZ agtech startup Halter raises $314. 4 million at $2. 9 billion valuation
1+ mon, 1+ week ago (538+ words) New Zealand agtech startup Halter is now valued at almost $3 billion, following a blockbuster $314. 4 million (US$220 million) Series E funding round. Led by Peter Thiel's venture capital firm Founders Firm, the capital raise will see the virtual fencing startup push…...
Majority of Aussie startups have less than 12 months of cash in the bank
1+ mon, 2+ week ago (478+ words) Get your intro offer." Rising costs and changing investor expectations are forcing Australian startups to focus on runway preservation over growth, according to a new sector snapshot. Fresh research from private capital platform Carta, using insights of 500 startup decision-makers across…...
Sydney's Mary Technology raises $7 million to tackle litigation "fact chaos'
1+ mon, 3+ week ago (329+ words) Get your intro offer." Sydney legal tech startup Mary Technology has raised $7 million in fresh funding as it looks to expand into the US and grow adoption of its litigation data platform among law firms. The round was led by…...
Six Aussie startups that raised $123. 2 million this week
1+ mon, 3+ week ago (1117+ words) From dog feed and fertiliser, to B2 B sales and teaching entrepreneurship, the local startups that have raised fresh funding this week are as varied as they are ambitious. We've counted six Australian startups with new funding deals this week, with…...
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