This weekly feature from Dynamic Business runs down the week’s top funding rounds from Australia and the US. Check out last week’s biggest funding rounds here.
Parker raises $157M in funding
Parker raised $157M in funding. $31.1M in Series A venture funding led by Valar Ventures. $70M in debt, comprised of venture debt from Triple Point Capital and warehouse debt from Jefferies. With over $300M in transaction volume since inception, Parker is used by brands like Amour Vert, Italic, SpikeBall, Canopy, and Caraway.
Fairmatic raises $46M in funding
New York, Bangalore, India and Tel Aviv, Israel-based AI-powered commercial auto insurance company Fairmatic raised $46M in funding. The round brought its total financing to $88M. The company intends to use the funds to accelerate growth and expand operations.
Zed raises $10M in Series A funding
San Francisco-based Zed Industries raises $10M in Series A funding. The company is using the funds to scale its operations and build the team as it continues to iterate on its product. Zed provides a multiplayer code editor that allows multiple developers to navigate and edit within a shared workspace.
SimConverse has raised $1.5 million in Seed funding
SimConverse, a healthcare simulation startup that helps healthcare professionals communicate better through simulated patient conversations, has raised $1.5 million in Seed funding. The funding round was led by Folklore Ventures with support from Artesian. SimConverse was founded by Aiden Roberts and Will Pamment, who met while studying medicine at university.
MoreGoodDays has raised $3.5 million
MoreGoodDays, a healthtech startup based in Melbourne, has raised $3.5 million in funding for their digital solution to managing chronic pain. The funding round was led by Blackbird with support from Giant Leap, Side Stage Ventures, the Snow Foundation, and LaunchVic’s female-focused sidecar investment program, the Alice Anderson Fund.
Nexl has raised $4 million in new capital
Nexl, a customer relationship management (CRM) and revenue operations software startup, has raised $4 million in new capital. The funding round was backed by B2B-focused VC EVP, along with follow-on funds from Vulpes and Saniel Ventures. Nexl was founded by Philipp Thurner, who was previously head of innovation at Gilbert and Tobin, a top tier law firm.
Lewi Software has raised $200,000 in Seed funding
Lewi Software, a software startup founded by two University of Queensland graduates, has raised $200,000 in Seed funding backed by Melbourne VC Skalata Ventures. Lewi Software is focused on transforming chemical engineering, particularly in the area of wastewater management, which has suffered from underinvestment in software compared to the rest of the $4 trillion global chemicals industry.
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