Nexba

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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FUNDED JUNE 2022

Techboard's monthly roundup logs June 2022 Australian funding events, including GO1's Series E, Edrolo's Series B, two acquisitions, several new funds reaching closes, and accelerator intake announcements.

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Sugar-free drinks startup Nexba used crowdfunding to raise a quarter of its $6 million Series A round

Drinks brand Nexba closed a $6 million Series A, sourcing $1.5 million through VentureCrowd crowdfunding and the balance from private backers including River Capital and Gaingels, alongside other crowdfunding campaigns by Mungalli Creek Dairy and Supp.

Sugar-free drink company Nexba receives first-ever Australian investment from LGBTQ fund Gaingels

Beverage startup Nexba is nearing the close of a $6 million round, with LGBTQ-focused investor Gaingels making its first Australian investment. Proceeds will fund new product lines and UK expansion, partly raised via crowdfunding.

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