Displaying items by tag: capital raising

Australian-founded cloud-based software provider Skedulo has raised US$75 million in a series C capital raising round led by SoftBank Vision Fund 2.

Supply and demand optimisation software specialist Complexica has agreed a $5 million equity investment by ASX-listed Microequities Asset Management.

Canberra-based AI compliance software specialist Castlepoint Systems has successfully completed its $3 million series A funding round.

Australian-listed medtech company, MedAdvisor has closed a $5.25m capital raise via a placement, with the funds to be used to accelerate US growth initiatives.

Workplace safety solutions company SafetyCulture has completed a $99 million funding round led by global venture capital and private equity firm Insight Partners,

Global HR technology company Enboarder has closed a $6.6 million (US$5m) series A2 funding round.

Melbourne-founded payment platform Airwallex has raised another US$100 million in an extension to its series D round.

Communications workflow platform provider and SaaS company Whispir has successfully completed an oversubscribed $45.3 million share placement to new and existing institutional investors at an offer price of $3.75 per share.

American semiconductor equipment manufacturer Revasum is set to raise $7.9 million, seeking the new funds via a fully underwritten rights issue.

Australian robo-advice fintech Ignition Advice has appointed IT industry veteran and former finanacial services expert Russell Scrimshaw and ex Fortescue Metals Group managing director to its board..

Australian-listed online platform operator Aumake has completed a $7 million capital raising, with the funds to be used to accelerate development of its social e-commerce marketplace, including extensive technology buildout to incorporate “popular” marketing features including short form video and group buying capability.

Australian machine learning company Trellis Data has successfully completed a funding round for growth capital, raising $3 million with support from lead investor, CSIRO’s Main Sequence Ventures.

Australian drone safety systems company ParaZero is merging with international drone services provider Delta Drone South Africa.

Australian car subscription company Loopit Group has appointed Sim Tuzun as finance director to lead the group’s financial operations across its software arm, Loopit, and its consumer subscription arm, HelloCars, ahead of its upcoming capital raising.

Canberra-based ASX-listed cyber security firm archTIS has received commitments for $8.4 million to fund its acquisition of US information protection business Nucleus Cyber.

Australian AI tech startup Tiliter has completed a $7.5 million capital raising as part of its plans to accelerate expansion in Europe and the US.

Digital wine business, The Wine Collective, is claiming a world-first with the unveiling of an international digital marketplace in partnership with French wine merchant group CVBG.

Identity platform for application builders provider Auth0 has appointed human resource expert Carolyn Moore as senior vice president of People.

Singapore based e-scooter provider Neuron Mobility has raised a further $17 million (US$12m) in investment led by Australian venture capital firm, Square Peg, along with US cross-border fund GSR Ventures, bringing the company’s total Series A funding to A$43.2 million.

Australian-listed telco and Internet service provider Spirit Telecom is undertaking a $23.2 million capital raising to assist in the acquisition of three IT and telco companies that it says will increase recurring revenues by 60%.