FUNDED April 2023
Techboard's monthly roundup counts 40 Australian startup raises worth $498m in April 2023, headlined by Saluda Medical and Eucalyptus, plus smaller rounds and fund closes by Purpose Ventures and Proto Axiom.
Startup · $800k raised
Melbourne, VIC
Every investor coverage indicates participated in a round Modo raised.
| Investor | Rounds | Invested |
|---|---|---|
| Alice Anderson Fund | Pre-seed | - |
| Archangel Ventures | Pre-seed | - |
| Black Sheep Capital | Pre-seed | - |
| Co Ventures | Pre-seed | - |
| Giant Leap | Pre-seed | - |
Companies Modo 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 |
|---|---|---|
| Maria Sereno | Chief Product Officer | Startup Daily |
| Dr Soukayna Bekkali | Chief Science Officer | Startup Daily |
Stories naming Modo. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Techboard's monthly roundup counts 40 Australian startup raises worth $498m in April 2023, headlined by Saluda Medical and Eucalyptus, plus smaller rounds and fund closes by Purpose Ventures and Proto Axiom.
Modo, a Melbourne company developing a mind-clarity app, has secured pre-launch backing of $800,000 from five funds plus founders of Culture Amp and Seer; the app offers subscription access from early 2024.