funding

Linktree raises US$10.7 million Series A to expand global team
Linktree, a tech platform that connects audiences to a user’s entire online ecosystem, today announced it has raised US$10.7 million in Series A funding, led by Insight Partners, an investor in Shopify, and AirTree Ventures, an early investor in Canva. Linktree says the funding will accelerate its expansion in international

v2food raises $77m in series B for plant based meat
Australian plant based meat company v2food today announced a $77 million series B raise, the largest funding round in the plant-based meat sector in Australia so far. The company, which formed in 2019 from a joint venture between the CSIRO and Hungry Jack’s franchiser Competitive Foods Australia, has now raised

Sydney logistics start-up secures AU$2.8M seed funding led by shipping giant Maersk
Sydney-based logistics start-up Loadsmile has secured AU$2.8 million in seed funding and renamed to Ofload. Investors are transport global giant A.P. Moller – Maersk, through its venture arm Maersk Growth, and Global Founders Capital. They join pre-seed investor Flash Ventures at Ofload’s capitalisation table. Ofload’s seed funding happened six months after launching its operations focused on

Australian agtech The Yield secures $11m in funding from global tech giants
Australian agtech The Yield has received another $11 million in funding from Japanese and German tech giants which will help it expand its product development and expand into international markets. The investment was led by Yamaha Motor Ventures, the Silicon Valley-based investment arm of Yamaha Motor Co, while The Bosch

Proptech startup :Different raises $7.1m for further expansion
Property technology startup :Different has raised $7.1 million in a Series A round from several venture capitalists in a bid to help grow its team, invest in technology and expand to other cities including Perth and Canberra. The funding was led by PieLAB, followed by AirTree, Spring Capital and the

Women underrepresented in start-up leadership roles and major funding rounds: Report
Australian female founders have only attracted $3 million in funding compared to their male counterparts who have raised an excess of $50 million, according to a survey of 63 VC-backed Australian startups. The report, Australian Startup Salary Guide 2019/2020 from startup talent and growth firm Think & Grow and Amazon

ANZ and Salesforce back Melbourne unicorn Airwallex in $160m Series D
Australian fintech unicorn Airwallex today announced the close of its US$160 million Series D funding raise, including investment from the venture arms of ANZ bank and CRM giant Salesforce. Airwallex, a Melbourne-based fintech which allows companies to manage cross-border revenue and financing, says the new funds will be used to

SafetyCulture secures $60m funding to accelerate development, cash out early employees
Workplace solutions company SafetyCulture has secured Series C-1 funding of $60.5 million to assist the company with additional hires and accelerate business development. The capital will also allow the business to reward early employees, allowing them to cash out some of their vested equity. The capital raising values SafetyCulture at

Checkout company Fast secures $30 million series A funding
Online login and checkout company Fast has raised $30 million in a Series A funding round led by Stripe, with additional participation from Index Ventures and Susa Ventures. Founded in 2019 by Australian entrepreneur Domm Holland, Fast will use the investment to accelerate the global rollout of Fast Checkout, its

Australian health analytics startup Prospection raises $10 million, eyes APAC expansion
Sydney healthcare analytics provider Prospection has raised $10 million in its first external funding round. The company says the funds will be used to expand its analytics platform into new therapy areas, enhance its artificial intelligence capabilities, and grow into the APAC market. The CSIRO’s Innovation fund, Main Sequence Ventures,