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Australia

Australian Stories

Capital raising stories

Birchal report highlights AUD $64.5m rise in equity crowdfunding
Health Technologies

Birchal report highlights AUD $64.5m rise in equity crowdfunding

An industry report by Birchal reveals Australian crowd-sourced funding grew by 16% in FY24, with AUD $64.5 million raised despite economic challenges.

By Catherine Knowles • 4 min read • Wed, 24th Jul 2024
Fugu raises Seed funding for CO2 capture with Investible lead
Supply Chain

Fugu raises Seed funding for CO2 capture with Investible lead

Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.

By Catherine Knowles • 3 min read • Tue, 9th Jul 2024
SAS & The Kids Cancer Project extend research partnership
EduTech

SAS & The Kids Cancer Project extend research partnership

SAS and The Kids Cancer Project have extended their partnership for three years, aiming to advance childhood cancer research in Australia through enhanced analytics.

By Catherine Knowles • 3 min read • Tue, 2nd Jul 2024
Samsara Eco secures AUD $100M to expand plastic recycling
Clean technologies

Samsara Eco secures AUD $100M to expand plastic recycling

Samsara Eco, an Australian enviro-tech firm, has raised AUD $100M in Series A+ funding, led by Temasek and Main Sequence, to scale its plastic recycling capabilities.

By Catherine Knowles • 3 min read • Tue, 2nd Jul 2024

Global Stories

Capital raising stories

SleekFlow secures USD $7 million in Series A+ funding round
Customer Experience

SleekFlow secures USD $7 million in Series A+ funding round

SleekFlow secures USD $7 million in Series A+ funding led by Atinum Investment, pushing its total to USD $15 million to fuel global expansion and AI advancements.

By Catherine Knowles • 3 min read • Fri, 23rd Aug 2024
Lineaje raises USD $20 million in Series A to boost security
Supply Chain

Lineaje raises USD $20 million in Series A to boost security

Lineaje secures USD $20 million in Series A funding to enhance AI-driven software supply chain security, boosting its total funding to USD $27 million.

By Catherine Knowles • 4 min read • Fri, 2nd Aug 2024
StorMagic secures Palatine funding to drive expansion & innovation
Software-as-a-Service

StorMagic secures Palatine funding to drive expansion & innovation

StorMagic secures investment from Palatine Growth Credit Fund, aiming to boost growth with its new SvHCI product, offering a cost-effective alternative to VMware.

By Kaleah Salmon • 3 min read • Tue, 30th Jul 2024
Xero launches SGD $630,000 fund to support small businesses
Fintech

Xero launches SGD $630,000 fund to support small businesses

Xero has launched the second Xero Beautiful Business Fund to help small businesses and non-profits with their expansion plans.

By Shannon Williams • 3 min read • Wed, 10th Jul 2024
Xero relaunches Beautiful Business Fund for 2024 with NZD $750k
Fintech

Xero relaunches Beautiful Business Fund for 2024 with NZD $750k

Xero's Beautiful Business Fund returns in 2024, offering over NZD $750,000 in funding to support small businesses and nonprofits globally in four key categories.

By Shannon Williams • 4 min read • Wed, 10th Jul 2024
Creatio secures USD $200 million to reach unicorn status
Customer Relationship Management

Creatio secures USD $200 million to reach unicorn status

Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.

By Kaleah Salmon • 3 min read • Tue, 2nd Jul 2024

Stories from Other Regions

Capital raising stories

Purple Transform wins Innovate UK funding for AI rail safety
Data Analytics

Purple Transform wins Innovate UK funding for AI rail safety

Purple Transform secures Innovate UK funding to develop an AI platform designed to reduce incidents at level crossings and enhance rail safety.

By Catherine Knowles • 3 min read • Wed, 14th Aug 2024
UK govt announces £32 million in funding for new AI projects
Artificial Intelligence

UK govt announces £32 million in funding for new AI projects

In a move to bolster AI innovation, the government announced funding for 98 new AI projects, allocating £32 million to help drive efficiencies.

By Shannon Williams • 3 min read • Thu, 8th Aug 2024
UK AI startups outside London secure higher average funding
Investment

UK AI startups outside London secure higher average funding

New data from the University of Oxford and OpenOcean challenges London's dominance in AI startup funding, revealing higher average funds per startup in South West England.

By Shannon Williams • 4 min read • Wed, 7th Aug 2024
Endor Labs secures strategic investment from Citi Ventures
Virtualisation

Endor Labs secures strategic investment from Citi Ventures

Endor Labs secures strategic investment from Citi Ventures, boosting its mission to protect software supply chains for major financial institutions.

By Catherine Knowles • 3 min read • Thu, 18th Jul 2024
MAT finance leaders urge Labour for increased school funding
EduTech

MAT finance leaders urge Labour for increased school funding

MAT finance leaders have urged Labour to boost school funding, highlighting rising costs, pay awards, and SEND provisions as critical concerns from an IMP Software survey.

By Catherine Knowles • 3 min read • Tue, 16th Jul 2024
Wellington group launches AI politician to rebuild public trust
Artificial Intelligence

Wellington group launches AI politician to rebuild public trust

Parker is an AI politician designed to deliver fact-based, impartial decisions to rebuild trust in politics and combat disinformation.

By Shannon Williams • 3 min read • Fri, 12th Jul 2024
The greatest danger in a recession isn't (only) your bottom line
Partner Programmes

The greatest danger in a recession isn't (only) your bottom line

During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.

By Daniel Howell • 4 min read • Tue, 2nd Jul 2024