Investment

An Australian startup backed by the CSIRO which makes plant-based “meat” today announced it has raised $35 million in series A funding. The startup, v2food, will use the capital for more research and development, and to build a new production facility in regional Australia. The company launched last month promising

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

Companies often prioritise investment in customer-facing systems over infrastructure projects, but it’s important to realise that both are critical to success, says Shailendra Kumar, Vice President and Chief Evangelist at SAP, “As the new customer-facing systems usually have a direct impact on customer experience, management finds it easy to approve

venture capital investment

Australian venture capital (VC) investment hit a new high of $1.29 billion in the 2018-2019 financial year, according to the KPMG quarterly global trends report. However this quarter saw a drop in VC investment in Q2 compared to Q1.  Between April and June this year the number of deals dropped

NAB Ventures has invested US$10 million in Silicon Valley-based cyber security start-up Digital Shadows. Through this investment, the company has plans for global expansion with Asia Pacific and product development.  Digital Shadows plans to exponentially scale the delivery of its SearchLight service.  The company focuses on digital risk protection for

Analytics platform SAS is planning to invest $1 billion in AI over the next three years through software innovation, education and expert services. The company already has a foundation in AI by means of advanced analytics, machine learning, deep learning, natural language processing (NLP) and computer vision. The investment will

investing saving financial piggy bank money

Fintech startup Earnd has raised $2.5 million from a number of investors including NAB Ventures and Zip Co executives and Pocketbook founders Alvin Singh and Bosco Tan. Earnd enables employees access to their pay packet as they earn it to minimise the need for payday lenders. Other investors include, John

The relationship between McKinsey and Company’s consulting work and the company’s hedge fund is under scrutiny following a report published in the New York Times. The report alleges the investment arm had a stake in some companies that were also McKinsey consulting clients. Register now for Which-50’s webinar on the disruptive

HubSpot has launched a $30 million venture fund, HubSpot Ventures to support customer-first startups. The company said the fund was created to bolster and expand the impact of startups focused “not just on growing bigger, but on growing better”. HubSpot will seek out companies that take the long-view on success

Australian IoT startup Movus has turned its sights to the international market following successful funding rounds for its innovative industrial internet product. Movus’ main product is the FitMachine, or what the company calls the “Fitbit of machines”. FitMachine is an industrial IoT sensor and SaaS monitoring platform using AI to