Drone-Hand

Cheque-in: 8 startups gobbled up $572.12 million in funding this week

Weekly roundup of eight raises totalling $572.12 million, led by Firmus's $500 million round; RAGE Biotech, SunDrive, Number 8 Bio, Fabra, Keeyu, MyGig and Drone-Hand also funded, plus two RAGE Biotech executive appointments.

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Livestock monitoring agtech Drone-Hand lands $720,000 in pre-Seed

Drone-Hand, a Victorian startup whose drones and cameras monitor farm animals, has secured $720,000 in pre-seed backing led by US venture firm Radius Capital to fund hiring and commercial rollout across Australia.

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Cars, and cash for startups: Airwallex gets into the F1 spirit

Airwallex tied its McLaren F1 campaign in Melbourne to grants for startups: Drone-Hand and Chocolate on Purpose each received $10,000, and Antler's Leila Oliviera a $5,000 career award, alongside an artist-painted supercar unveiling.

Also Australian FinTech

The world's first Drought Venture Studio is on the hunt for agtech ideas to future proof farmers

Beanstalk Ventures' Drought Venture Studio, supported by the national Future Drought Fund, has showcased eight agtech startups from its first cohort and moved four into a longer second phase; a second cohort is underway.