Radar Ventures

OncoRes Medical today announced it has closed an AUD $27M private funding round (‘the Funding round’) to progress clinical development and regulatory milestones for its Quantitative Micro-Elastography (QME) Imaging System, Elora™.

Perth-based OncoRes Medical has secured $27 million from Brandon Capital's BB6 Fund, Morgans, Radar Ventures and others to advance its Elora breast-surgery imaging device through an Australian clinical trial toward FDA approval.

Also oncoresmedical.com

How Jessica Dove London's drive to help her son is revolutionising access to healthcare, and giving power back to patients

Profile of Turnto founder Jessica Dove London, who built a health-information platform after her son's rare cerebral palsy diagnosis; the startup has secured $1.1 million pre-seed from angel and fund backers.

Respiratory care biotech Diag-Nose sniffs out $3.15 million Seed round

Melbourne biotech Diag-Nose.io raised a seed round led by Breakthrough Victoria for its AI respiratory diagnostic, backed by physicians, funds and executives; one investor joins its board.

Six ANZ startups that raised $63.5 million this week

Roundup of six Australian and New Zealand startup raises totalling $63.5 million, covering in-store audio, EV charging, respiratory biotech, health AI, gig-economy fintech, and inclusive social media ventures.

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Four Aussie startups that raised $33.97 million this week

Roundup of four Australian raises in early October 2023: Eden Brew's $24.4m Series A, Renewable Metals' $8m seed round, Techni Ice's $979,774 crowd-funded campaign close, and Apollo Secure's $600,000 pre-seed.

Also Startup Daily

Eden Brew raises $24.4 million to bring animal-free dairy products to market

Precision fermentation company Eden Brew raised a $24.4 million Series A led by Main Sequence, with Breakthrough Victoria and other backers, to commercialise animal-free dairy and relocate from Sydney to Melbourne.

Also @AuManufacturing·SmartCompany·Startup Daily·Startup Daily·Startup Daily·AgFunderNews·AgFunderNews·Crunchbase News

Seven Aussie startups that raised over $66 million this week

A weekly roundup reporting seven Australian startups that together raised more than $66 million, including Novalith, Propeller, Cortical Labs, Waave, Restoplus, Empiraa and The Very Good Bra.

Also Startup Daily·AgFunderNews

The biotech startup behind the petri dish of brain cells that played Pong just raised $15 million

Melbourne synthetic biology company Cortical Labs has secured US$10 million (A$15 million), led by Horizons Ventures with four co-investors, to advance its brain-cell computing platform commercially and meet pre-orders.

Also TechCrunch Venture·Forbes Australia·SmartCompany·Forbes Australia·Crunchbase News·Crunchbase News

$US 2.5 million seed round for Sydney sensor maker