Startup · $2.2m raised
Perth, WA
Every investor coverage indicates participated in a round SpaceToCo raised.
| Investor | Rounds | Invested |
|---|---|---|
| Purpose Ventures | Unnamed stage | - |
| Plus Eight | Accelerator | - |
| Steve Baxter | Accelerator | - |
Companies SpaceToCo 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 |
|---|---|---|
| Daniel Franco | Founder | Startup Daily, SmartCompany, Startup News (WA) |
| Daniel McCullen | CEO · Founder | Startup Daily, SmartCompany, Startup News (WA) |
| Elle Bell | NZ Managing Director | Startup Daily |
| Jeremy Hurst | Founder | Startup Daily, SmartCompany, Startup News (WA) (Thu 9 Sep 2021), Startup News (WA) (Tue 24 Sep 2019) |
Stories naming SpaceToCo. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Western Australia's government added $15 million to its WAVC fund-of-funds, committing $45 million across seven venture firms to back local startups; Purpose Ventures' fund closed at $55 million after backing My Mirror and SpacetoCo.
Perth VC Purpose Ventures led My Mirror's $4 million round for its telehealth psychology marketplace, with Roger Allen among backers; funds target product development and New Zealand expansion. SpacetoCo raised $2 million.
Weekly funding roundup covering eight local companies that together banked $80m, topped by twin $17m Series Bs at Safewill and Fresho, plus Celosia's $16.75m Series A and five smaller rounds.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·LaunchVic
Plus Eight's 2021 accelerator intake names six WA startups set to receive seed funding and mentoring, with energy company Woodside joining as a new program partner.
Western Australian companies won three national iAwards categories, with Avicena Systems named Australian Startup of the Year. The article also recalls Avicena's $3 million federal Modern Manufacturing Initiative grant received in July 2021.
Perth motoring club RAC has expanded its BetterLabs Ventures seed fund to $23 million after strong early demand, letting it back startups beyond seed into Series A and B rounds.
Also Startup News (WA)
Startup News recaps its most-read July-September 2019 stories, several of which reported WA funding rounds and a foundation fund launch, alongside growth of its HUBS database and subscriber base.
Perth space-sharing startup SpacetoCo has received an equity investment from RAC-backed venture fund BetterLabs Ventures, its third deal, having earlier won Shark Tank backing from Steve Baxter and completed the Plus Eight accelerator.
Techboard's quarterly report shows WA early-stage investment dropping to $79 million, mostly ASX raisings like AusCann's $33 million, with just $1.3 million in private deals including Pickstar and a Shark Tank backing of SpacetoCo.
Also SmartCompany