Skye Theodorou

Nicola Forrest anchors Antler’s $70 million 3rd fund in $30m push for women founders

Antler's third Australian fund has drawn a $20m commitment from Nicola Forrest's Coaxial Foundation, part of up to $30m backing women founders via grants and co-investment through the new Momentum program.

Commercial insurance broking startup lands UpCover $11 million Series A

Insurance broking platform UpCover secured a $19 million Series A — $11 million equity led by RealVC plus $8 million debt from Marshall Investments — with Antler Elevate, Betterlabs, Gandel Invest and individual investors taking part.

Also Australian FinTech·Australian FinTech

HIVERY, mx51, Refundid, and more: Local startups raise over $100 million in recent weeks despite market fearmongering

A roundup of Australian startups that raised funds in recent weeks: mx51, Refundid, Storipress, HIVERY, InternMatch, upcover, Pearler and Loopit together secured over $100 million despite a cooling venture market.

Also Cut Through Venture

Business insurance startup Upcover raises $2.7 million Seed round

Insurance platform Upcover has secured a $2.7 million seed round plus $2 million in debt from Antler Australia, Betterlabs and insurance executives, to fund product development and customer acquisition for its embedded SMB insurance API.

Also Startup Daily·SmartCompany

Antler Australia just put $1.2 million into 12 startups in its first Sydney accelerator

Antler Australia's first Sydney accelerator cohort has produced investments of $100,000 for 10% equity in each of 12 startups, formed largely by founders who met during the program, with a Demo Day planned for November.