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Seven Aussie startups that raised $11.8 million this week

Roundup of seven Australian startups whose raises total $11.8 million, spanning cybersecurity, proptech, seaweed, drinks, antiques, campervan housing and outdoor advertising, plus a government grant to Fremantle Seaweed and the shutdown of Voly.

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Morsl adds $5 million in Series A raise

Australian micro market company Morsl has closed a $5 million Series A at a $14.4 million post-money valuation, anchored by a $4.3 million cornerstone investment from Cairns family office The Chapman Group.

Proptech CIM raises $10 million Series A

Proptech CIM has raised a $10 million Series A led by Five V Capital, with Carthona Capital and property executives participating, valuing it above $100 million to fund expansion into Asia and North America.

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Sydney startup Inspace XR scores $750,000, drawing on VC experience to launch “obvious application” of VR

VR property startup Inspace XR raised $750,000 led by Investible, with Artesian, Taronga Group and Sydney Angels participating; founders Justin Liang and Eric Fear credit Liang's venture capital background.

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Inspace XR raises $750,000 to help architects and builders avoid costly construction mistakes

Sydney VR startup Inspace XR has raised seed funding from Sydney Angels, Artesian and Investible to develop its design-visualisation product and expand into China and the US.

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