Tag: Capital Raise

How Aussie software company, Humanforce, is achieving extraordinary growth during turbulent times.

Everything you need to know about going public.

Atlassian co-founder Mike Cannon-Brookes has invested $78.8 million into Sydney-based start up Brighte, helping fund the development of its new green energy retail arm. “The additional capital will be deployed in three key areas: the acquisition of more solar households, growing Brighte into a household brand and building out our customer lifetime value proposition which […]

Fintech startup Athena Home Loans has raised $15 million in Series A funding from Macquarie Bank, Square Peg Capital and Apex Capital for its cloud-native digital mortgage platform.  Athena, which previously raised $3 million in seed funding from Macquarie, Apex and Rice Warner, was launched in June 2017 by ex-bankers Nathan Walsh (CEO) and Michael […]

Space tech startup Myriota, the 2017 Telstra South Australian New Business Award winner, has closed a US$15 million Series A funding round. [Related: SMBs must leverage new technology and take cues from successful leaders to thrive today and “Rocket science is no easy feat”: Fleet’s CEO on paving the way for space startups in Australia] The round was […]

Artificial intelligence startup Daisee has raised $8.8 million in a Series A funding round led by Alium Capital. Speaking with Dynamic Business, co-founder and CEO Richard Kimber explained the investment would support Daisee’s efforts to ‘democratise’ AI and combat Australia’s ‘brain drain’. Launched in August 2017, Daisee leverages AI research from within Australia’s university ecosystem […]

Cloud-based HR, payroll and benefits platform Employment Hero have raised $8 million during a Series B funding round co-led by employment marketplace SEEK and OneVentures, with contributions from AirTree Ventures and AMP. The capital injection, which will be used to roll out new products and services, follows on from Employment Hero’s oversubscribed $4.5 million Series A round, […]

Sydney-based technology company Ansarada has raised $24 million in Series A funding to meet surging demand for its AI-powered ‘business readiness’ platform, accelerate the rollout of new products, and facilitate further global expansion. Founded in 2005, Ansarada harnesses data as well as AI and machine learning tools to assist advisors and investors to identify prospects, […]

Splend, Australia’s leading supplier of rental vehicles for the ride sharing drivers, has secured a $7.2 million investment from Element Fleet Management, positioning it realise the next phase of its global expansion plans. In exchange for the strategic investment, Element has secured a 12.5% stake in the two-year-old business, which previously received funding from Investec […]

Cross-border payments startup Airwallex has received a US$6 million investment from VC firm Square Peg, bringing its total Series A capital raise to US$19 million The Melbourne-based fintech company previously closed its Series A funding round in May, having raised a combined US$13 million from Mastercard, Sequoia Capital China and the world’s fourth largest internet […]