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(R)David Leach, CEO of JAVLN (L) Orrin Benford and Jeff Quach, Indi

Australian startups raise $38.76 million as agtech and healthtech attract major backing

From autonomous tractors to AI care navigation apps, this week’s funding rounds saw four Australian companies raise a combined $38.76 million.

Four Australian companies secured $38.76 million in fresh capital this week, led by agtech company SwarmFarm Robotics’ $30 million Series B round. The funding spanned sectors including autonomous agriculture, insurance software, health navigation technology and female-focused crowdfunding platforms, with investors backing AI-powered solutions and international expansion plans.

SwarmFarm leads the pack

AgTech company SwarmFarm Robotics dominated the week’s announcements with a $30 million Series B funding round to ramp up production of its autonomous SwarmBots and expand into North America.

The round was led by European agtech investor Edaphon, with participation from the Clean Energy Finance Corporation (CEFC), QIC and Artesian Capital. The CEFC contributed $7 million through its Powering Australia Technology Fund.

The capital injection follows a $12 million Series A round in 2023 and $4.5 million raised in 2020. The company also secured an $856,000 grant from the Northern Australia Development Program in 2022.

The funding will enable SwarmFarm to scale production of its autonomous farming robots whilst establishing operations in the North American market, where agricultural labour shortages and increasing automation demand create significant opportunities for the technology.

Health and insurance innovation

Healthtech startup Indi raised $1.46 million to accelerate growth of its AI-powered co-pilot app helping parents of children with complex care needs navigate healthcare systems.

The round was led by Giant Leap and supported by Antler, alongside a group of strategic angel investors. The funding will power platform development and expand partnerships with allied health clinics and families.

Founded by Orrin Benford and co-founder and CTO Jeff Quach, Indi emerged from lived experience. In December 2021, Benford’s daughter Indi suffered a seizure, triggering an 18-month journey through what the founders describe as a complex and often inaccessible system of care.

The company positions itself as Australia’s breakout healthtech venture, creating a new category of family-centred digital health with global ambitions.

Meanwhile, cloud-based insurance software-as-a-service company JAVLN secured a $6 million capital investment to support strategic expansion across Australia, accelerated research and development, and entry into new markets.

David Leach, CEO of JAVLN, said: “This capital raise enables us to act decisively in a rapidly evolving market. With AI and new technologies transforming the insurance sector, the funds will help us provide innovative software products to our customers across ANZ and beyond.”

Carlos Gil, CEO and Chief Investment Officer of lead investor Microequities Asset Management, said: “We were impressed by JAVLN’s technology which we think will markedly advance the digitisation journey currently taking place in the insurance broking industry. We see JAVLN’s technology as a key enabler for insurance brokers to ultimately provide better outcomes for their end clients.”

With over 11,000 contracted users of JAVLN products, the capital raise will support key growth initiatives, including JAVLN’s strategic partnership with Envest, Australia’s largest privately owned insurance and financial services distribution group.

JAVLN recently invested in AI leadership with the appointment of Tim Mole as Head of AI & Data. Mole brings over 30 years of experience in management, analytics and AI leadership, and will drive the embedding of AI across JAVLN’s policy and document management products.

Female founders go global

Female-focused crowdfunding platform Liftwomen raised $1.3 million as it prepares to expand into Asian markets.

The raise was led by Singapore VC Braxton Capital Ventures with support from former Alibaba Australia boss Maggie Zhou and former AXA chair Asia Gordon Watson.

The cash injection is earmarked for Asian expansion, particularly Hong Kong and China, as well as increasing programme capacity. The platform already operates a partnership in Indonesia.

The diverse funding announcements this week demonstrate continued investor appetite for Australian technology addressing sector-specific challenges, from agricultural automation to healthcare navigation and financial inclusion. The participation of international investors, including European agtech funds and Singaporean venture capital firms, signals growing global recognition of Australian innovation across multiple industries.

For Australian startups seeking funding, the varied sectors and investment sources this week illustrate the breadth of opportunities available, with strategic investors increasingly backing AI-powered solutions and companies with clear international expansion strategies.

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Yajush Gupta

Yajush Gupta

Yajush writes for Dynamic Business and previously covered business news at Reuters.

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