Capital raising stories - Page 8

Directo, a Melbourne-based B2B pharmacy marketplace, has raised AUD $2 million from sophisticated investors to support its ambitious expansion and growth plans.

HeyFlow has secured GBP £235,000 from Aer Venture Studios to enhance its platform, tackling workplace reproductive health issues and promoting gender inclusion.

Transreport secures £10 million in funding, appoints new leadership to drive global expansion, aiming to make public transport more accessible for Disabled and older individuals.

Fastn secures USD $2.6 million in seed funding to enhance its composable architecture platform, led by LiveOak Ventures, Antler, and tech co-founders.

Four regional Australian councils have teamed up with SurePact to overhaul grant management, aiming to replace outdated methods with a streamlined software solution.

Re-Leased, a New Zealand property software firm, secures USD $12.5 million funding led by Movac to boost AI capabilities, expand in the UK and US, and support investor liquidity.

AI startup Steerlab secures USD $1.9m pre-seed funding to enhance its platform automating RFP responses, aiming to attract top talent and scale sales in US and Europe.

eCommerce fulfilment specialist Warehow has raised £2.1 million in Series A funding, led by the Midlands Engine Investment Fund II and Mercia Ventures.

GoWit unveils a self-service solution, enabling retailers to set up retail media advertising in just 15 minutes at no cost, after securing USD $1.3 million.

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.

Xero is offering a NZD $20,000 prize to a tech-focused Kiwi small business through its Beautiful Business Fund competition, aiming to boost innovation.

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

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

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.

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.

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

Swoop inks a landmark AUD $36m deal with a NASDAQ-listed tech giant to roll out fibre infrastructure in Greater Melbourne, their biggest contract yet.

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

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

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.