Financial technology startup and home loan disruptor, Verteva, has secured a AUD$33m Series A capital raise which has been funded entirely by New Zealand’s Bolton Equities. Founded just last year, Verveta has been in ‘stealth mode’ up until now, developing its product offering without any publicity. This is according to the founding CEO Andrew Walker, who along with […]
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 […]
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 […]
When Fleet launched in 2015, its three founders faced an uphill battle. They had created an IoT nanosatellite technology startup in Adelaide at a time when Australia’s commercial space sector was practically non-existent and – in the absence of a national space agency – they were told the venture would likely fail. Fast-forward to today […]
Atlassian co-founder and co-CEO Mike Cannon-Brookes has thrown his support behind Brighte, leading the home energy fintech’s $4 million Series A round through his venture capital business Grok Ventures. Based in Sydney, Brighte is a digital credit platform that provides on-the-spot finance for home energy improvements, allowing homeowners to access solar panels, insulation and batteries […]
Ahead of travelling to the US in September to kick off its Series A funding round, Melbourne-based startup Brauz has closed its second seed round with $1m to get its personalised retail app to market. Founder and CEO Lee Hardham gave Dynamic Business a progress report on the Brauz app, which had its beta launch […]
Sydney-based logistics start-up Shippit has declined the opportunity to close a $5m Series A funding round, instead settling for a more modest $2.2 million from a line-up of new investors. Co-founders Rob Hango-Zada and William On originally sought to raise $3 million for the shipping management platform they launched to market in February 2015. […]
Cloud-based HR automation platform Employment Hero has added AirTree Ventures to team of Series A investors, bringing its total funding to $4.5 million. The Series A round was already over-subscribed after the freemium Service attracted $3 million from OneVentures and AMP New Ventures in June to finance growth, including an expansion into the UK market. […]
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