Australia Startups

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Digital Solar Solutions Startup Terabase Raises US$6M Series A

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Terabase aims to lower solar power prices to $0.01 per kilowatt-hour by 2025 Digital solar solutions startup Terabase Energy has secured US$6 million in a Series A funding round led by SJF Ventures, with follow-on investments from Powerhouse Ventures, City Light Capital and Trancoso Partners, the startup announced in a press release yesterday. “This investment will allow us to continue to […]

Digital Solar Solutions Startup Terabase Raises US$6M Series A Read More »

Terabase aims to lower solar power prices to $0.01 per kilowatt-hour by 2025 Digital solar solutions startup Terabase Energy has secured US$6 million in a Series A funding round led by SJF Ventures, with follow-on investments from Powerhouse Ventures, City Light Capital and Trancoso Partners, the startup announced in a press release yesterday. “This investment will allow us to continue to

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Cyient and IG Partners Announce Acquisition Plans

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Under the deal, IG Partners will come under Cyient ownership India-based global engineering and digital technology solutions company Cyient has made a proposal to acquire Australian consulting firm IG Partners, according to an announcement by the company today. Terms of the acquisition were not disclosed and are pending regulatory approvals. Further, under the transfer of

Cyient and IG Partners Announce Acquisition Plans Read More »

Under the deal, IG Partners will come under Cyient ownership India-based global engineering and digital technology solutions company Cyient has made a proposal to acquire Australian consulting firm IG Partners, according to an announcement by the company today. Terms of the acquisition were not disclosed and are pending regulatory approvals. Further, under the transfer of

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Sendle Raises AU$19M in Latest Round of Funding

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The funding will be used to support small businesses across Australia and the U.S. Sydney-based logistics startup Sendle has raised AU$19 million (US$13.775 million)  in its latest round of funding, to manage the unprecedented global demand for ecommerce, expand the company’s shipping network, and support its accelerated growth, the company announced in a press release

Sendle Raises AU$19M in Latest Round of Funding Read More »

The funding will be used to support small businesses across Australia and the U.S. Sydney-based logistics startup Sendle has raised AU$19 million (US$13.775 million)  in its latest round of funding, to manage the unprecedented global demand for ecommerce, expand the company’s shipping network, and support its accelerated growth, the company announced in a press release

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Australian Startup Pyn Bags US$2.2M Seed Capital in Round Led By Atlassian Backer Rich Wong

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Co-founded by former Atlassian HR Head, Pyn has strong ties to the Australian software developer behind Trello and Jira Australian startup Pyn, which has built an employee communication platform, has raised $2.2 million in seed funding, the company announced in a statement on Monday. The funding was led by General Partner at Accel Partners Rich

Australian Startup Pyn Bags US$2.2M Seed Capital in Round Led By Atlassian Backer Rich Wong Read More »

Co-founded by former Atlassian HR Head, Pyn has strong ties to the Australian software developer behind Trello and Jira Australian startup Pyn, which has built an employee communication platform, has raised $2.2 million in seed funding, the company announced in a statement on Monday. The funding was led by General Partner at Accel Partners Rich

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Australian Drone Analytics Startup Propeller Aero Hits US$18M Mark in Series B

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Existing backers Blackbird Ventures and Costanoa Ventures return to lead Propeller’s fundraise Australian drone analytics solutions provider Propeller Aero has raised US $18 million in its Series B round of funding, the New South Wales-based company announced in a statement yesterday. The capital was raised from Oceania-based venture capital fund Blackbird Ventures and U.S.-based early

Australian Drone Analytics Startup Propeller Aero Hits US$18M Mark in Series B Read More »

Existing backers Blackbird Ventures and Costanoa Ventures return to lead Propeller’s fundraise Australian drone analytics solutions provider Propeller Aero has raised US $18 million in its Series B round of funding, the New South Wales-based company announced in a statement yesterday. The capital was raised from Oceania-based venture capital fund Blackbird Ventures and U.S.-based early

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Australian Open-Source Process Mining Startup Apromore Bags US$4.8M Series A

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Apromore will use the fresh funds to strengthen its product development capacity, and expand into AI-driven automated process improvement Melbourne-headquartered open-source process mining and AI-driven process improvement startup Apromore has raised AU$6.84 million (US$4.77 million) in a Series A financing round led by German business process management specialist GBTEC, the startup announced in a press

Australian Open-Source Process Mining Startup Apromore Bags US$4.8M Series A Read More »

Apromore will use the fresh funds to strengthen its product development capacity, and expand into AI-driven automated process improvement Melbourne-headquartered open-source process mining and AI-driven process improvement startup Apromore has raised AU$6.84 million (US$4.77 million) in a Series A financing round led by German business process management specialist GBTEC, the startup announced in a press

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Airlock Digital Commits AU$1.3M To Bolster Application Whitelisting Amongst SMEs, Small Federal Agencies

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Airlock Digital aims to help smaller organizations comply with Australian cybersecurity regulations Australian cybersecurity startup Airlock Digital will be committing funds of AU$1.3 million (US$900,000 at current rates) to provide small and medium enterprises (SMEs) and small government agencies with access to application whitelisting, the company announced in a statement last week. Half of the

Airlock Digital Commits AU$1.3M To Bolster Application Whitelisting Amongst SMEs, Small Federal Agencies Read More »

Airlock Digital aims to help smaller organizations comply with Australian cybersecurity regulations Australian cybersecurity startup Airlock Digital will be committing funds of AU$1.3 million (US$900,000 at current rates) to provide small and medium enterprises (SMEs) and small government agencies with access to application whitelisting, the company announced in a statement last week. Half of the

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Teletherapy

Understanding the Teletherapy Phenomenon

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By Jasmine Chan Transforming mental health treatment in Australia with Lysn Founder Dr. Jonathan King  Mental health is an issue we cannot overlook. According to the Australian Bureau of Statistics, 4.8 million Australians suffered from a mental or behavioral condition in 2018. Although it’s vital for those in need to receive help from professionals as

Understanding the Teletherapy Phenomenon Read More »

By Jasmine Chan Transforming mental health treatment in Australia with Lysn Founder Dr. Jonathan King  Mental health is an issue we cannot overlook. According to the Australian Bureau of Statistics, 4.8 million Australians suffered from a mental or behavioral condition in 2018. Although it’s vital for those in need to receive help from professionals as

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canva fundraise

SaaS Design Unicorn Canva Announces Fresh Funding of US$60M

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Canva also made a slew of other announcements, including a new U.S. office Sydney-based software-as-a-service (SaaS) graphic design platform Canva has raised funding of $60 million in a round that has doubled its valuation to $6 billion, a statement from Canva has announced. Australian venture company Blackbird and Sequoia China led the round, with participation

SaaS Design Unicorn Canva Announces Fresh Funding of US$60M Read More »

Canva also made a slew of other announcements, including a new U.S. office Sydney-based software-as-a-service (SaaS) graphic design platform Canva has raised funding of $60 million in a round that has doubled its valuation to $6 billion, a statement from Canva has announced. Australian venture company Blackbird and Sequoia China led the round, with participation

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Verteva

Australian Digital Home Loan Platform Verteva Raises US$21.4M Series A

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Capital to be used for product development, business expansion and go-to-market Australian digital home loan provider Verteva has hauled in AUD 33 million (around US$21.4 million) in its Series A round, according to a statement from the company. The round was backed in entirety by New Zealand-based private investment fund Bolton Equities. Investment bank Clavell

Australian Digital Home Loan Platform Verteva Raises US$21.4M Series A Read More »

Capital to be used for product development, business expansion and go-to-market Australian digital home loan provider Verteva has hauled in AUD 33 million (around US$21.4 million) in its Series A round, according to a statement from the company. The round was backed in entirety by New Zealand-based private investment fund Bolton Equities. Investment bank Clavell

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qwilr

Australian Document Design Startup Qwilr Raises US$7.25M In Series A Funding Round

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Qwilr plans to accelerate its expansion in the U.S. and Europe with the latest funds Sydney, Australia-based digital document design startup Qwilr has raised US$7.25 million, closing a Series A Funding round led by AirTree Ventures and Skip Capital, along with Typeform’s co-founder Robert Muñoz, according to a company statement released on May 4. Existing

Australian Document Design Startup Qwilr Raises US$7.25M In Series A Funding Round Read More »

Qwilr plans to accelerate its expansion in the U.S. and Europe with the latest funds Sydney, Australia-based digital document design startup Qwilr has raised US$7.25 million, closing a Series A Funding round led by AirTree Ventures and Skip Capital, along with Typeform’s co-founder Robert Muñoz, according to a company statement released on May 4. Existing

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Shelfie

Australian AI Venture Shelfie Receives Fresh Series A Funding From d:tribe Capital

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Shelfie uses AI and deep learning technology to optimize merchandising layouts and prevent stock shortages Australian AI retail shelf analytics platform Shelfie, a part of Lakeba Group, has raised an undisclosed amount in a Series A funding round from Singapore-based technology venture capital firm d:tribe Capital, according to a statement released by d:tribe today. The

Australian AI Venture Shelfie Receives Fresh Series A Funding From d:tribe Capital Read More »

Shelfie uses AI and deep learning technology to optimize merchandising layouts and prevent stock shortages Australian AI retail shelf analytics platform Shelfie, a part of Lakeba Group, has raised an undisclosed amount in a Series A funding round from Singapore-based technology venture capital firm d:tribe Capital, according to a statement released by d:tribe today. The

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Tencent

Asian Digital Tech Startups Join Tencent Portfolio

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China’s Internet behemoth Tencent invests in Australian and Indian digital tech startups Chinese Internet conglomerate Tencent Holdings, based out of China’s emerging financial capital Shenzhen, has picked up a 5% stake in Australian ‘shop now, pay later’ fintech startup Afterpay Limited for around US$300 million (AU$390 million), according to several reports. Afterpay stock jumped by

Asian Digital Tech Startups Join Tencent Portfolio Read More »

China’s Internet behemoth Tencent invests in Australian and Indian digital tech startups Chinese Internet conglomerate Tencent Holdings, based out of China’s emerging financial capital Shenzhen, has picked up a 5% stake in Australian ‘shop now, pay later’ fintech startup Afterpay Limited for around US$300 million (AU$390 million), according to several reports. Afterpay stock jumped by

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From Broke to $32 Million in 18 Months.

From Broke to $32 Million in 18 Months.

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Brent Grundy is an ordinary man with a simple business idea that led him to build his entire business empire from the ground up. Subsequently,  Brent became living proof that someone can go from flat broke to running a business that turns over $32 million per year, in just 18 months.But Brent’s road to success has

From Broke to $32 Million in 18 Months. Read More »

Brent Grundy is an ordinary man with a simple business idea that led him to build his entire business empire from the ground up. Subsequently,  Brent became living proof that someone can go from flat broke to running a business that turns over $32 million per year, in just 18 months.But Brent’s road to success has

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