Displaying items by tag: Seed funding

Next generation messaging platform startup for businesses 8seats has raised A$2 million in seed funding from a consortium of investors including Black Nova, former Woolworths CEO Brad Banducci, and tech entrepreneurs Mike Priddis and Greg Miller, with the funding to enable the homegrown startup to scale its platform and accelerate its go-to-market strategy in preparation for a public launch in 2025, following a successful early-access rollout.

Stormwater and sewerage pipelines infrastructure repair and maintenance provider VAPAR, which utilises artificial intelligence (AI) and machine learning (ML) to automate condition assessments, has raised $700,000 in seed funding.

Increasing foreign investment in venture capital, particularly at the early and seed stages, could give industry and innovation the critical boost it needs, generating greater economic benefits to Australia including higher employment and more patents, according to one of the country’s fund managers.

Luxembourg-based, satellite technology company Kleos Space has signed an authorisation to proceed with GomSpace to launch an initial satellite system, ahead of its listing on the Australian Securities Exchange in May.

Australian e-book publishing startup Tablo, lead by 21-year-old founder Ash Davies, has secured a $400,000 seed funding round from investors.