Eight Aussie startups that raised $55.2 million this week
Funding has continued to flow to Australian startups in December, with more than $55 million raised this week alone.
Mist closes $1.6 million seed round for student relocation service app
App startup Mist has raised $1.6 million in seed funding to develop solutions for students and skilled migrants moving to Australia.
How Andromeda Robotics’ AI-powered robot Abi is combating loneliness
The Andromeda Robotics team has built and assembled four Abi robots so far. Building an Abi costs the team nearly $10,000 in hardware and consumables.
Relevance AI raises $15 million for its low-code workplace platform
Australian Saas startup Relevance AI just secured $15 million for its sustainable AI workforce plans of the future.
Home gym startup Vitruvian quietly raises $21.8 million in Series A extension
Perth home fitness startup Vitruvian has quietly raised $21.8 million in what it's calling an internal extension to a previous raise.
Equity Clear exclusive: Inside the Australian VC supergroup boosting gender diversity funding
Exclusive: Scale Investors' Samar Mcheileh talks to SmartCompany about Equity Clear and its aim to transform startup funding in Australia through VC reporting transparency.
Aussie scalp care brand Straand secures $4 million, led by Harvey Family Office
STRAAND co-founder Sarah Hamilton said they were excited to secure the funding and to have such a strong, strategic group of investors.
Eight Aussie startups that raised $81.5 million this week
It seems AI startups are the flavour of the month (or year), with half of the startups to have raised this week utilising artificial intelligence in some way or another.
Arkeus raises $4.45 million to replace outdated emergency response tech
Melbourne startup Arkeus has secured $4.45 million in seed funding for its AI optical radar tech, designed for defence and emergency response situations.
From IPO to acquisitions, diverse startup teams achieve better financial outcomes
New technology startups with at least one immigrant founder are more likely to emphasise product innovation and encourage the exploration of new market opportunities.
Leonardo.Ai raises $47 million after broadening its AI image generation for video games
Sydney's Leonardo.Ai is coming for the Australian generative AI crown, with a $47 million raise, including participation from Blackbird.
Crowdfunding platform Banana aims to fix fashion’s “inventory problem”, connect designers, producers and consumers
The world’s first fashion crowdfunding platform Banana has made its debut to bridge the gap between designers, producers and consumers and bring fashion ideas to life.
