Every round, fund close and exit we can source, with the article it was reported in and what it actually said.
Profile of South Australian agtech GoMicro, whose low-cost phone microscope and AI app assess produce ripeness, showcased at a Queensland forum, building on earlier competition wins with Bayer and a food waste accelerator.
FormFlow and Deakin University finished a 12-month research project backed by IMCRC funding, producing two steel-bending technologies and jobs for Deakin students, deepening the startup's university partnership.
Also @AuManufacturing
ANZ has confirmed talks to buy accounting software firm MYOB from private equity owner KKR, with a reported price above $4.5 billion, though no agreement has been reached and regulators must still approve any deal.
A profile of Sydney sustainable office furniture startup Recess, covering its soundproof Nook booths, rebrand from Nook, customer growth, and the $1 million raise it secured in late 2021 from angel and private investors.
Sydney adtech firm BlendAI has secured $1.5 million in a round led by venture fund EVP to grow customers, improve its machine learning advertising product and make its first go-to-market hires.
Magnium Australia has raised funds to scale its carbon-neutral magnesium process, with a proof plant targeted for December; separate government money will back a desalination byproduct feasibility study at Collie.
WeMoney closed a $7 million round in March 2022, led by Full Circle VC and Betterlabs with new backers, following its 2020 seed raise, to fund product development.
Also Startup News (WA)·Cut Through Venture·SmartCompany·SmartCompany·Australian FinTech
Australia's science agency received a Defence Innovation Hub grant to build a CBRN respirator with two manufacturers and a university.
Digital tax platform Selfmade is raising A$2 million for customer acquisition and has hired ex-Xero product executive Ben Styles; its founders previously took a fintech to an ASX listing.
Zip and Sezzle have called off their merger agreement, citing market conditions. Sezzle receives an eleven million US dollar payment from Zip to cover transaction-related costs.
Cipher Sports Technology Group has closed a $5m Series A led by Cygnet Capital, a privately owned Australian investment group, to speed its expansion into legal sports betting in the United States.
Adatree's founder recalls early grant and competition funding her startup won, then gives four tips for chasing government grants: research sources, check eligibility, treat applying rigorously, and partner with researchers.
Company update on MatLogica, a computing-software firm, covering its banking analytics product, a UK innovation grant, a machine learning expansion with Professor Roland Olsson, and a planned September 2022 Series A.
Wholesale Investor profiles Primal Organix, a terpene supplement maker, listing its sales, margins and leadership as it seeks A$5 million from investors to expand its product range and enter new markets.
Sydney leakproof apparel brand Modibodi is being acquired by Sweden's Essity for $140 million, nine years after founder Kristy Chong bootstrapped it; Quadrant backed the company in 2019.
Also SmartCompany·Women's Agenda·SmartCompany·Techboard·Startup Daily·Forbes Australia
Intern placement platform InternMatch has raised a $10 million Series A led by property developer Doma Group, with advisory firm Henslow also investing, to fund expansion into Canada, the US and the UK.
Startup Daily's SUDS podcast episode features Adviser Ratings chief Angus Woods discussing crypto collapses, social media fraud and tech job cuts, plus conversations with founders from EarlyWork, Sidekicker and Gheorg.
Opinion analysis arguing Woolworths' Metro60 one-hour grocery service threatens venture-backed rapid delivery startups, citing SEND's shutdown, VOLY's staff cuts and Milkrun's funding reliance as evidence the 15-minute model is unsustainable in Australia.
Also Startup Daily
Company update from blockchain payments startup Cashero setting a September product launch, a July security audit, and an open pre-launch equity offering priced at £1.15 a share, closing 31 August 2022.
Zip is shutting down its personal finance app Pocketbook from August 5, ten years after its Sydney founding, to refocus resources on its core ANZ market and integrate features into the Zip App.
Also Startup Daily
Breakthrough Victoria announces an investment in Seer Medical, a Victorian epilepsy home-monitoring medtech, to fund workforce growth, R&D and expansion into the United States and United Kingdom.
Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily
Giant Leap's impact newsletter announces its first fund is complete, discusses sleeptech and healthtech credibility, cites Climate Salad's climate report, and notes new programs for Indigenous founders and climate research commercialisation.
Sydney fintech Anility has raised a $600,000 seed round from strategic investors to automate financial statement analysis, helping banks, lenders and insurers assess business financial health in real time.
Also Techboard
Seven Canberra startups have been selected for matched grants of $10,000-$30,000 each through CBRIN's Innovation Connect program, backed by the ACT Government, with a combined $180,000 distributed this round.
Also Techboard
ANCA's hybrid additive-subtractive toolmaking machine project advances, backed by a $928,000 nine-month IMCRC-supported collaboration, following earlier funded work with CSIRO, a $390,000 AMGC grant and Victorian Government voucher support.
Gold Coast reputation-tech startup Cloutly raised $500,000 pre-seed led by Unify Ventures with several angels joining, to grow its team and product; it reports six-figure ARR and over 150 paying business customers.
New Zealand document-collection startup FileInvite raised a Series A led by Icehouse Ventures, with new backers Forefront Venture Partners and Vulpes Ventures, to replace email for requesting and sharing documents.
Also Startup Daily
Boat rental marketplace Floatspace has added Amaysim co-founder Rolf Hansen as an investor and board member, and is now seeking a $3 million Series A to grow in Australia and the US.
Insurance platform Upcover has secured a $2.7 million seed round plus $2 million in debt from Antler Australia, Betterlabs and insurance executives, to fund product development and customer acquisition for its embedded SMB insurance API.
OneVentures publishes an interview with Edrolo co-founder and co-CEO Ben Sze, discussing the education company. No funding, exit, hire or cohort details are stated in the available text.
Australia's motoring clubs, via Australian Motoring Services and led by the NRMA, have taken full ownership of EV charging network Chargefox in a deal reportedly worth nearly $30 million, valuing the business at $56 million.
Startupbootcamp profiles Sonnant, an AI platform helping media companies digitise, during week five of its Sports and EventTech program, drawing on an interview with founder Tony Simmons about mentors and product fit.
Quickstep is partnering with Defence researchers, DMTC and UNSW on the Hype-X project to develop heat-resistant composite materials for hypersonic aircraft structures, with commercialisation rights to new intellectual property.
Brisbane biotech Infensa Bioscience raised $23 million to develop a heart-attack and stroke treatment derived from funnel-web spider venom, after spinning out of the University of Queensland.
OpenInvest, a Melbourne fintech investment platform, has hired industry veteran Andrew Rutter as Senior Consultant to help sell its white label digital investing solution to wealth management firms.
Sidekicker, an Australian and New Zealand casual staffing marketplace, has raised $20 million from SEEK Investments to expand across ANZ and upgrade its platform.
Also SmartCompany·Cut Through Venture·SmartCompany·SmartCompany·Women's Agenda
Startup News recaps its most-read WA startup stories for the June quarter and the 2021-22 financial year, listing funding raises, acquisitions and other headlines that drew readers.
Australian crypto card startup CryptoSpend has launched its first national advertising campaign and recently closed another funding round, with its founders reporting strong trading and everyday crypto spending despite market dips.
Palisade Real Assets announced in July 2022 its purchase of UK renewable energy asset manager Eco2 Management Services, to underpin a new bioenergy platform investing in anaerobic digestion assets across the UK and Europe.
Asparagopsis seaweed feed supplement reaches commercial phase in Australia as CH4 Global records first feedlot sales. FutureFeed licenses CSIRO-discovered technology, with Sea Forest and SeaStock also taking orders from beef producers.
Banking SaaS firm Pismo has hired Simon Keys to lead business development across Oceania. The article also recalls the company's $108 million Series B, led by Amazon, SoftBank and Accel, in October 2021.
RAC's Perth-based BetterLabs Venture Fund has deployed more than $2.5 million across eight Australian startups in six months, including seed funding for Snackr, taking its portfolio to 22 investments and over $12 million.
Also Startup Daily·Cut Through Venture·SmartCompany·Startup Daily·Australian FinTech
RFC Ambrian reports NextOre's magnetic resonance ore sorting system is fully commissioned at First Quantum's Kansanshi mine, now the world's highest capacity plant, and recalls portfolio company Chrysos Corporation's recent ASX listing.
Startupbootcamp profiles IN.LIVE, a streaming platform for independent creators, as one of the teams in the current Sports and EventTech cohort, noting mentor guidance and introductions the program aims to provide.
Perth medtech VeinTech, maker of the VeinWave imaging device, has partnered with early backer Carbon Group, whose co-founder Jamie Davison has joined as CFO, while its founders keep raising their seed round.
Startup Daily reports neobank Volt is winding up, returning deposits and selling its mortgage book after a failed capital raise, recapping earlier raises by Judo Bank and Alex plus past neobank failures and acquisitions.
Podcast episode with the two founders of IDEA, a new school for young entrepreneurs, covering their accelerator graduation, early backing from BetterLabs Ventures, and first student cohort.