#Capital Raise
Athena raises $15m in Series A funding to disrupt the $1.7 trillion home loan market
Fintech startup Athena Home Loans has raised $15 million in Series A funding from Macquarie Bank, Square Peg Capital and Apex Capital for its cloud-native digital mortgage platform. Athena, which previously raised $3 million in seed funding from Macquarie, Apex and Rice Warner, was launched in June 2017 by ex-bankers Nathan Walsh (CEO) and Michael […]
Nanosatellite startup Myriota raises US$15m
Space tech startup Myriota, the 2017 Telstra South Australian New Business Award winner, has closed a US$15 million Series A funding round. [Related: SMBs must leverage new technology and take cues from successful leaders to thrive today and “Rocket science is no easy feat”: Fleet’s CEO on paving the way for space startups in Australia] The round was […]
AI democratisation startup Daisee raises $8.8m; CEO talks ‘taking a leaf’ out of Google’s book
Artificial intelligence startup Daisee has raised $8.8 million in a Series A funding round led by Alium Capital. Speaking with Dynamic Business, co-founder and CEO Richard Kimber explained the investment would support Daisee’s efforts to ‘democratise’ AI and combat Australia’s ‘brain drain’. Launched in August 2017, Daisee leverages AI research from within Australia’s university ecosystem […]
HR tech startup Employment Hero lands SEEK as an investor during $8m Series B funding round
Cloud-based HR, payroll and benefits platform Employment Hero have raised $8 million during a Series B funding round co-led by employment marketplace SEEK and OneVentures, with contributions from AirTree Ventures and AMP. The capital injection, which will be used to roll out new products and services, follows on from Employment Hero’s oversubscribed $4.5 million Series A round, […]
Business readiness platform provider Ansarada raises $24m in Series A capital to fuel expansion
Sydney-based technology company Ansarada has raised $24 million in Series A funding to meet surging demand for its AI-powered ‘business readiness’ platform, accelerate the rollout of new products, and facilitate further global expansion. Founded in 2005, Ansarada harnesses data as well as AI and machine learning tools to assist advisors and investors to identify prospects, […]
Splend secures $7.2m to further expand its share economy vehicle network globally
Splend, Australia’s leading supplier of rental vehicles for the ride sharing drivers, has secured a $7.2 million investment from Element Fleet Management, positioning it realise the next phase of its global expansion plans. In exchange for the strategic investment, Element has secured a 12.5% stake in the two-year-old business, which previously received funding from Investec […]
Job Seeker platform Found scores $2.5m in capital and recruits new business advisors
Mobile recruitment platform Found has closed its most recent funding round, bringing its total funding to $2.5 million. Red Bull Holden Supercars owner Roland Dane, Dimmi founder Stevan Premutico and MYOB CEO Tim Reed have come on board as investors, with the latter two joining Found’s advisory board. Established by Andrew Joyce and Peter Marchiori […]