This Week in Australian Startups #92, 10th November 2024

This Week in Australian Startups #92, 10th November 2024

Not the biggest news week, and I’ve been on the road myself (literally). Driving down from Sydney to Melbourne, and I think I’ve cracked the perfect time to leave, especially with a 2 year old for any other parents that might be reading this.

We beat the traffic to get out Sydney and got a good 2-3 hours on the motorway before the little one woke up - one stop for breakfast and a bit of playtime and back on the road and in Melbourne by 2:30pm with the nap just ending.

I’m sure there’s a lesson in there for how to be better at B2B Sales.

On a more serious note, you may have seen I recently joined Cut Through Angels as a Partner - the angel investing syndicate of Cut Through Venture.

We’ve just gone live with a new deal in the healthtech sector with a really exciting female founded startup - if you’re a sophisticated investor and interested let me know and I can share details on how to join the syndicate to learn more.


Top News

  • Australia’s plan to ban under 16s from social media is yet another messy global fight over?science (Startup Daily)
  • Global ESGFinTech100 List announces inclusion of Australian leading digital banking solutions provider Moroku (Australian FinTech)
  • Metigy founder charged after using company money to buy luxury homes (AFR)
  • Scalare Partners makes ASX debut, bags $4.3m (BNA)
  • Tech stocks led ASX gains following Wall Street rally (Capital Brief)
  • The ATO said it has ‘issues with the tech sector’ as report reveals Apple’s taxable income is just 4% of local revenue (Startup Daily)
  • The inaugural director of the National AI Centre Stela Solar steps down (InnovationAus)
  • ARENA powers up clean tech startup Orkestra with $2.77m for EV charger plans (Startup Daily)
  • Crowdfunding platform Equitise placed in voluntary administration (Startup Daily)
  • Intelligent Monitoring Group on acquisition drive with deal to buy Dataline Visual Link for $7m (BNA)
  • Aussie biotech Neuren secures $76m windfall from sale by US partner (BNA)
  • Eucalyptus co-founder Charlie Gearside steps down as company enters 'new phase' (Capital Brief)
  • Gilmour Space aims for historic orbital rocket launch before Christmas (SmartCompany)
  • Breakthrough Victoria post $3 million loss (Startup Daily)
  • TechOne acquires CourseLoop for education boost (ARN)

Funding Rounds

  • Viewa, that harnesses augmented reality (AR) and?3D visualisation?to add depth to e-commerce offerings, has raised a $300K Pre-Seed round from Skalata (BNA)
  • JustFund, helps fund the legal costs of Australians going through a divorce or separation, has raised a $5.7M Seed round from Xilium Capital, Startmate, Legal Tech Fund and Tripple (Startup Daily | The Australian)
  • FBR, the creator of Hadrian X, the world's first fully automated end to end robotic bricklayer, has raised $8M on the ASX through a fully underwritten share purchase plan (BNA)
  • Bugcrowd, the bug bounty platform, has raised $50M in Growth Capital from Silicon Valley Bank (SecurityWeek)
  • FiberSense, an AI-powered platform specializing in digital infrastructure and smart sensing technology, has raised $21.26M from Prosus Ventures, Colinton Capital, Investible (Prosus)
  • Ida Sports, female sports performance footwear brand, has raised a $2M Seed round from Kynisca Sports International (Sportico)


Courtney Ellis

Founder @ Tangerine Drift Studio | Talks about Business Growth, Organic Marketing and Content Strategy

2 周

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