Electro.Aero

Seven ANZ startups that raised $27.4 million this week

Weekly roundup of seven trans-Tasman raises totalling $27.4 million, headlined by Xefco's $10.5 million round, plus Hometime board appointments and Matrak's China expansion.

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Perth Angels open first funding round for 2022

WA angel group Perth Angels has opened applications for its first 2022 funding cycle, with pitches due 16 February; it recently deployed $250,000 across three startups at its previous investor night.

The ‘Jetson reality’ turns electric

Perth electric-aircraft firm Electro.Aero has demonstrated a ducted fan microlight and received its second WA Government innovation voucher for its watercraft subsidiary, and is now pitching a Series A.