funding

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 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

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

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

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

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

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

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,

Sydney-based startup Practifi has raised AU$24 million in series B funding to expand its business management platform for financial advisors and superannuation fund companies.  Led by US tech equity firm Updata Partners with participation from existing Series A investors Equity Venture Partners, the new funding will be used to scale

Digital personal loans start up Symple Loans has completed an $11 million Series C equity capital raise to accelerate its profitable growth strategy.   The company’s latest funding round was led by existing shareholders along with a number of new investors including Costa Asset Management and the Welas Investment Fund.  The