The Fund

Six Aussie startups that raised $87.7 million this week

Roundup of six Australian funding rounds this week: InDebted, Evolt, Restoke.ai, Mary Technology, Matilda and Demtech.ai, with investors, amounts, InDebted's valuation and a secondary component for early backers and staff.

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Eight Aussie startups that raised $36 million this week

Weekly roundup detailing new funding for eight local startups: home lending, document verification, farm water monitoring, alcoholic drinks, freight software, leaf protein, artist content sales and organic bedding, totalling over $36 million.

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Small business carbon tracking software startup Trace raises $1.5 million

Carbon accounting platform for small businesses secures a seven-figure round from a broad backer group including a family office and angels, with founders ex-Finder and Macquarie, and an earlier pre-seed recalled.

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Proptech startup PropHero raises $1.6 million seed round

Australian property investment platform PropHero has raised a $1.6 million seed round led by GFC Global Founders Capital, with AfterWork Ventures, Jelix Ventures and The Fund participating, to improve data models and expand nationally.

Also Australian FinTech·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Australian FinTech

Australian founders are backing a local chapter of US angel VC The Fund as it launches locally

US angel VC The Fund launches an Australia and New Zealand chapter, backed by local founder limited partners, with a four-person investment committee intending to back around 40 early-stage startups over two years.

Kate Morris and Alex Zaccaria among Aussie entrepreneurs clubbing together to invest in early-stage startups

Australian founders and operators including Kate Morris and Alex Zaccaria have launched the local arm of angel group The Fund, targeting seed and pre-seed deals, with an aim to raise about US$3.5 million.