First Choice

Eight Aussie startups that raised $81.5 million this week

Roundup of eight local raises totalling roughly $81.5 million: generative AI, sustainable packaging, VR medical training, optical radar, drinks, preventive health and wholesale retail software.

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Packamama made a recycled wine bottle that fits in your back pocket

Profile of Packamama, maker of flat recycled-PET wine bottles that trim freight emissions; the London-headquartered startup, with a Melbourne office, just finished SparkLabs Cultiv8's Orange accelerator and counts big Australian wine retailers as partners.

'S*&t the bed' goes mild at Woolies

Profile of the WA hot-sauce maker behind the Bunsters brand, whose milder-named sauce landed in Woolworths, with a US Walmart listing and a TV appearance ahead.

Naked Life easily pulls off $3 million raise on Birchal

Non-alcoholic cocktail maker Naked Life closed a $3 million equity crowdfunding campaign on Birchal and plans to expand into more Australian liquor chains and overseas markets.

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