Displaying items by tag: angel investors

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.

Australian computer vision and automation startup Black.ai has closed a $5.4 million seed-plus round led by Jelix Ventures, taking its total funding to $8.55 million.

Investment group Melbourne Angels has appointed Paul Baron as president and Jillian Zsidy as vice president.

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.

Investment manager Artesian Venture Partners has secured a $250,000 funding grant from Victoria’s start-up agency, LaunchVic.

"There's never been a better time to start a company in Australia," according to Nitro founder and CEO Sam Chandler.

Adding to the range of free services to help startups get off the ground, Amazon has made AWS Activate available to startups in Australia. But even when a startup has turned into a viable business, it may still struggle to attract the venture capital needed for expansion to global scale, local entrepreneurs warn.

The 5th National Angel Conference represents a milestone for the Australian Association of Angel Investors and a milestone for Australian Angel investors and their links to international Angel Investor communities.