General Manager · Founder, Donesafe
Stories naming Matt Browne. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Partner-content memo in Antler's investor series profiles pre-seed startup Factory AI, whose AI platform predicts manufacturing equipment failures; covers founders, Antler's backing, customers like Bega, and revenue targets.
Weekly roundup of funding rounds at eleven Australian startups, including a $28 million Series B, a $14 million raise paired with an acquisition, and a neural-implant company appointing a new chief executive.
The venture firm is out raising a second vehicle targeting $35m for unglamorous business software, after its first vehicle gathered over $22m; it recalls backing Pathzero and GovConnex and supporting Arlula's earlier raise.
Also Startup News (WA)
Tasmanian construction cost-management software firm Varicon raised a $2.25 million seed round led by Black Nova with several industry angels, following a smaller raise a year earlier, to support national expansion.
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GovConnex, which turns scattered government information into insights for public affairs work, has raised $1 million led by Black Nova and plans expansion to New Zealand and the UK.
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Sydney VC Black Nova launched with A$10 million committed toward a $20 million target, co-founders Matt Browne and Darcy Naunton revealed a 23-company portfolio and Notiv's $6.6 million sale to Dubber.
Workplace culture platform Remote Social has secured $1 million in seed funding from Black Nova VC, NeuroPower, Antler Australia and five angel investors to grow its Culture-as-a-Service offering for distributed teams.
Perth safety software firm Solv Solutions was acquired by US company Health & Safety Institute in July 2021, HSI's second Australian purchase after Donesafe in 2020; Solv's COO now leads the merged business.
SaaS tracking startup Hudled has raised a $640,000 seed round from Black Nova Group, Antler, Sydney Angels and three angels, after an earlier $155,000 Antler pre-seed, ahead of its product launch and possible US expansion.
Also SmartCompany·Cut Through Venture·Startup Daily·SmartCompany
Sydney corporate learning startup Elenta raised a $1 million oversubscribed seed round backed by Antler, Black Nova Group and private investors, six months after launching through Antler's accelerator.
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Tidal Ventures publishes its reasoning for backing Upflowy, a low-code signup flow builder, covering market tailwinds, the product, the three founders and the business model behind its seed-stage investment decision.
Emissions-tracking software firm Pathzero has secured a seven-figure seed round from Antler, Black Nova Group and several business figures, having emerged from Antler's Australian program during the pandemic.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany
New Zealand container management startup Portainer.io closed a US$1.2 million seed round backed by Bessemer Venture Partners, Black Nova Group, K1W1 and AmpliPHI Ventures to grow its open source and commercial products.
Also Startup Daily