Ten Aussie startups that raised $39 million this week
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Startup · $4m raised
Melbourne, VIC
Every investor coverage indicates participated in a round LAB Group raised.
| Investor | Rounds | Invested |
|---|---|---|
| Costa Asset Management | Unnamed stage | - |
Companies LAB Group acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Nick Boudrie | CEO · Founder | SmartCompany (Fri 27 Oct 2023), SmartCompany (Wed 17 Mar 2021) |
| Lyndon Webster | Chief Technology Officer · Founder | SmartCompany (Fri 27 Oct 2023), SmartCompany (Wed 17 Mar 2021) |
Stories naming LAB Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.
Weekly roundup reporting QBiotics' $50 million raise, LAB Group's $4 million from Costa Asset Management, Hudled's $640,000 backing, and Stripe's US$600 million round at a US$95 billion valuation.
Also Cut Through Venture