Funding stories
ConnectID & Caresquare partner to combat NDIS fraud
Last week
#
cloud services
#
fraud
#
funding
ConnectID has partnered with Caresquare to enhance identity verification in the NDIS, tackling fraud that costs AUD $2 billion annually.
Gridsight secures $7.5m to drive global energy shift
Last week
#
data analytics
#
cartech
#
power / energy
Gridsight has secured $7.5 million in Series A funding to enhance its AI-powered software, aiding energy operators in navigating Australia’s energy transition.
Why tech founders risk falling behind - fast
Last week
#
partner programmes
#
ai
#
learning
In the fast-paced tech industry, founders risk stagnation by prioritising speed over strategic learning, potentially overlooking vital market shifts.
SigIQ.ai secures USD $9.5m to transform AI tutoring
Last week
#
e-learning
#
ai
#
duolingo
SigIQ.ai has launched from stealth mode, raising USD $9.5 million to enhance its AI tutoring tech, aiming to reshape education accessibility globally.
Prowler secures USD $6.5 million to enhance cloud security
This month
#
hyperscale
#
cloud security
#
cybersecurity
Prowler has raised USD $6.5 million in a seed-extension round, totalling USD $12.5 million, to enhance its open cloud security solutions amidst rising digital threats.
Yavrio expands US banking connections to boost efficiency
This month
#
fintech
#
payment technologies
#
development
Fintech firm Yavrio has expanded its services by integrating corporate banking with five major US banks, enhancing transaction efficiency and security.
Databricks expands ANZ presence, boosting AI capabilities
This month
#
data analytics
#
ai
#
sap
Databricks is expanding its footprint in Australia and New Zealand, aiming to boost AI capabilities and workforce to over 200 by year-end amid rising demand.
Iceberg Quantum secures $2m & partners with PsiQuantum
Last month
#
quantum computing
#
leadership
#
investment
Iceberg Quantum has raised USD $2 million in pre-seed funding and partnered with PsiQuantum to advance fault-tolerant quantum computing architectures.
Australian Technologies Competition offers AUD $100k prize
Last month
#
funding
#
capital raising
#
startup ecosystem
The Australian Technologies Competition is offering a AUD $100k prize to boost a struggling startup ecosystem, addressing funding and mentorship gaps.
ClearGrid unveils USD $10m funding to reshape MENA debt
Last month
#
fintech
#
financial systems
#
ai
ClearGrid has secured USD $10 million to launch an AI-driven debt collection platform in MENA, aiming to transform inefficient practices in the region.
Arkeus secures AUD $5m funding to boost global expansion
Last month
#
surveillance
#
encryption
#
edge computing
Arkeus has secured AUD $5 million in funding to drive its expansion plans, reflecting strong investor confidence in its AI-driven defence technologies.
Motion Ventures launches USD $100m maritime tech fund
Last month
#
cleantech
#
sustainability
#
digitalisation
Motion Ventures has unveiled its largest maritime technology fund yet, pledging USD $100 million to foster innovation and sustainability in the maritime sector.
Markko Labs opens applications for next startup cohort
Last month
#
martech
#
commerce systems
#
funding
Markko Labs is inviting applications for its second cohort, targeting non-technical marketplace founders to foster innovation in e-commerce.
MBSToken launches to transform the $11 trillion MBS market
Last month
#
digital transformation
#
blockchain
#
transparency
Asset Token Ventures has launched MBSToken, a platform aimed at revolutionising the $11 trillion mortgage-backed securities market with blockchain technology.
Heidi raises USD $16.6m to ease clinician workloads
Last month
#
ai
#
funding
#
capital raising
Melbourne-based healthcare AI firm Heidi has raised USD $16.6 million to enhance its services, aiming to reduce clinicians' administrative burden and improve patient care.
Instant raises $18 million to expand eCommerce solutions
Last month
#
cx
#
martech
#
ecommerce
Instant, an eCommerce retention marketing platform, has secured $18 million in Series A funding, boosting its valuation to over $100 million.
Cloudsmith raises $23 million to boost global expansion
Last month
#
devops
#
supply chain & logistics
#
apm
Cloudsmith has secured $23 million in a Series B funding round, aiming to expand its global presence and enhance software supply chain security.
Why Australia needs more female entrepreneurs in e-commerce
Last month
#
iwd
#
funding
#
entrepreneurship
As International Women’s Day approaches, Australia faces a stark need for more female entrepreneurs in e-commerce, where they remain critically underrepresented.
SingularityNET awards $1 million in global AI grants
Fri, 28th Feb 2025
#
quantum computing
#
agi
#
grants
SingularityNET has awarded over $1 million in grants to support 16 global projects aimed at developing Artificial General Intelligence for the benefit of humanity.
Fuse Vectors secures USD $5.2m for gene therapy tech
Wed, 26th Feb 2025
#
healthtech
#
funding
#
capital raising
Danish biotech firm Fuse Vectors has secured USD $5.2 million in pre-seed funding to advance its innovative cell-free gene therapy technology.