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Venture Capital Hits Record In Australia

Venture capital investment in Australia in the 2017-18 financial year hit a record $US630 million ($AU849 million). The trend is for larger raises going to later stage startups. KPMG says venture financing in Australia is keeping pace with global trends. Venture capital in Australia hit a record $US630 million ($AU849 million) in the 2017-18 financial […]

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This Australian startup that lets people bid for seat upgrades has secured an $8 million funding round

Seatfrog, an Australian tech startup which allows passengers to bidding on airplane and rail seat upgrades, has announced a $8 million Series A funding round. The round was led by Octopus Ventures, the London and New York based venture capital firm behind highly successful businesses such as Secret Escapes and Zoopla Property Group. Existing investors, […]

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With $57.5B invested so far in 2018, VC funding for U.S. startups reaching ‘unprecedented levels’

The amount of venture capital funding pouring into U.S. startups is on pace to reach levels unseen since the early 2000s. The latest PitchBook-NVCA Venture Monitor report shows $57.5 billion invested across 3,997 deals for U.S. venture-backed companies thus far in 2018. The most recent quarter was the fifth consecutive with more than $20 billion […]

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Telehealth startup Doctor Anywhere raises S$5.6m in series A financing

SINGAPORE-based telehealth startup Doctor Anywhere has successfully raised S$5.6 million in a series A financing round, anchored by Kamet Capital Partners. The funding round will enable the startup to continue developing its products and services that will boost healthcare accessibility in Singapore, it said in a press release. The funds will be used to expand […]

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‘Shark Tank’ alum SmartGurlz is raising $2M, eyeing Walmart, Apple deals

The robots are multiplying. Not the indoor-farming robots, food-delivery robots or house-building robots feared to be coming after human jobs. The robot-riding dolls from Arlington-based SmartGurlz, the ed-tech startup that nabbed funding from “Shark Tank” shark Daymond John late last year. A refresher: Sharmi Albrechtsen’s company has a line of dolls that ride robotic Segways, […]

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Scanalytics raising $1 million in early stage funding round

Milwaukee-based floor sensor technology developer Scanalytics Inc. is working to raise a $1 million debt funding round, of which $533,000 has already been raised from three investors, according to a new SEC filing. The early-stage company previously raised a $500,000 angel round in 2013 and a $2.5 million seed round in 2016. In December, co-founder […]

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StripSupply Raises Seed Round to Disrupt $11B Blood Glucose Test Strip Market

BOSTON, June 26, 2018 /PRNewswire/ — StripSupply, a Boston-based company focused on disrupting the $11 billion diabetic test strip market, announced today it has secured seed round funding, led by LaunchByte Ventures, in a syndicate alongside a group of serial entrepreneurs, physicians, and angel investors. The funding will allow the company to further accelerate its […]

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Australian Video platform Genero raises $4m to fund US expansion

Australian video startup Genero has raised another $4m from a consortium of investors led by the James Packer backed Ellerston Venture Capital Fund. The company, which recruited former Facebook global marketer Andy McKeon in May and the managing director of IPG Mediabrands’ Ensemble, Harry Preston, last year, plans to use the funds underwrite its US […]

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Logistics Start Up Raises 1.2m

When Nigerian logistics startup Kobo360 interviewed for Y Combinator’s 2018 cohort, a question stood out to founder Obi Ozor. “What’s holding you back from becoming a unicorn?,” they asked. “My answer was simple,” said Ozor. “Working capital.” Kobo360 was accepted into YC’s 2018 class and gained some working capital in the form of $1.2 million […]

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CoLabs launches with $4 million in seed funding to bring artificial Intelligence product to market

CoLabs, a software incubator that partners with industry leaders to build cloud-based, category-changing solutions, launches with $4 million in seed funding to bring its inaugural artificial Intelligence product, IntelAgree, to market. The new software technology startup comany aims to develop innovative software products using machine learning and artificial intelligence to optimize and simplify business processes […]

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