Three Aussie startups, and a fast food chain, that raised $247.5 million this week
It's been a big week for funding news, and a slightly unusual one too with burrito chain Guzman y Gomez topping the list.
Andromeda Robotics: On the brink of profitability with a lean approach to hardware
After just two years Andromeda Robotics has almost broken even, despite only receiving $1 million in funding to date.
Cut Through’s Q1 2024 report includes a women-led raise from 2023
Cut Through Ventures Q1 2024 report reveals positive news for women-led startups. But it also included a $10 million raise by Solbari from December 2023.
Leonardo.Ai targets businesses with Teams launch after doubling user base to 15 million
Australian AI startup Leonardo.Ai has unveiled its highly anticipated enterprise product, after doubling its user base over the past four months to reach 15 million users.
Honey Insurance raises $108 million, rules out overseas expansion
Honey Insurance has just raised $108 million in Series A but is bucking the Aussie startup trend by not using it for international expansion.
NSW startup Genevo Marine to launch Australia’s own electric speed boat
The co-founders of Genevo Marine, director Damon Rahmate and CTO Andrew Davey, came up with the concept three years ago and employed their more than 30 years of combined expertise to bring their vision to life.
Serving up aces: Serena Williams’ “play to win” strategy helps 14 startups reach unicorn status
Former tennis star Serena Williams recently revealed 14 companies that Serena Ventures has invested in have reached unicorn status, meaning the company is now worth over US$1 billion.
Meat us halfway: Harvest B launches ‘world-first’ plant-based product with a twist
Harvest B is on a mission to replace animal protein with a novel plant-based approach, while adding value for Aussie grain growers.
Five ANZ startups that raised $79 million in the past two weeks
April is off to a strong start for startup funding deals, led by $50 million in Series A funding secured by fintech Constantinople.
Forever Network’s $6 million raise highlights the blurred lines of ‘sports media’ and betting
Forever Network's recent $6 million raise was presented as a 'sports media' triumph, glossing over its deep ties to sports betting and iGaming.
Constantinople’s “bank in a box” platform attracts $50 million in Series A funding
Australian fintech startup Constantinople has successfully raised $50 million in Series A, just two years after launching.
Cicada HealthTech Hub launches in Western Sydney to grow “future skills pipeline”
Australia’s flagship deep tech incubator Cicada Innovations has launched a HealthTech Hub in Western Sydney’s “hidden innovation ecosystem”, the Westmead Health and Innovation District.
