#Seed
LaunchVic snapshot reveals $790 million has been raised by 385 startups over five years
A review of publicly available data on capital raises undertaken by Victorian startups and scaleups over the past five years shows that 385 firms closed 510 investment deals, worth a combined total of $790 million. Commissioned by LaunchVic, the dandolpartners review also found that: The median seed investment was $100,000 while the median angel investment […]
What to know about raising capital
When GO1 raised our first seed round I went into negotiations knowing next to nothing about raising funds. But on the other side of the table, the investors that I spoke to did this every day. And that makes it dangerous. One of our first investors turned out to be a shark. Fortunately for us […]
Marketing tech start-up Sinorbis raises $2.3m to help businesses engage Chinese consumers
Pre-Series-A technology start-up Sinorbis, which assists Australian companies and marketing agencies to engage Chinese digital customers, has closed an oversubscribed $2.3 million bridging round, bringing its total capital raise to $3.9 m to date. In a press release announcing the raise, co-founder and CEO Nicholas Chu explained that Australian companies have ‘traditionally struggled’ to market […]
Backed by 15 early-stage investors, Elanation is closing in on the neglected kid-tech market
Bolstered by a successful capital raise, earlier this year, Elanation co-founders Katherine Pace and Aimee Atkins have launched the start-up’s first offering, with the aim being to satisfy a gap in the kid-tech market for age-appropriate fitness wearables – and they’re just in time for Christmas. In July, Pace and Atkins closed Elanation’s final seed-funding […]