Founder, Factory
Stories naming Michael Lutkajtis. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney maker of manufacturing software Factory has closed a 4.69 million Australian dollar Series A led by Shearwater Capital, with several co-investors, to build product, grow sales and enter the United States.
Roundup of six Australian funding deals: AutoGrab, Applied EV, Checkbox, Hometime, Factory and On the House, with amounts, investors, and Hometime's past acquisitions and raise history detailed.
Also Startup Daily
Sydney manufacturing software startup Factory has raised a $4.69 million Series A led by Shearwater Capital to build product capacity and expand into the US, after a seed round from Investible in 2023.
Shearwater Capital announces it led Factory's Series A and sets out its thesis: the Sydney startup's platform digitises fabrication workshops, with room to expand products, geography and financial services.
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.
Sydney software firm Factory.app has banked a $1.05 million seed round, Investible leading alongside angel and venture backers, to digitalise manufacturing workflows for small fabricators before expanding overseas.
Also SmartCompany