funding

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

Stethoscope, X-Ray, healthcare

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

Female-driven rideshare platform Shebah has hit its minimum equity crowdfunding target of $500,000 after announcing its second campaign last month.  The company’s second campaign went live on November 19 and aims to raise between $1 million to $2 million which will close its seed round ahead of a Series A

venture capital investment

Australian robotics and AI sensor company, Advanced Navigation, has raised $20 million in a Series A round aiding the company’s global expansion and R&D for new robotics, navigation and sensor technologies.  The funding was led by Main Sequence Ventures’ CSIRO Innovation Fund, alongside US venture firms Brick and Mortar Ventures

NAB Ventures and Larsen Ventures have invested in Edstart’s Series A funding round.  Founded in 2016, Edstart offers funding packages for school fees through a platform that provides parents with the option to spread their payments over a plan through two core products, Edstart Pay and Edstart Extend.  Listen Now: