Displaying items by tag: capital raise

COMPANY NEWS: AI-powered predictive modelling software platform for critical infrastructure provider Neara has announced its A$45 million Series C funding round.

Following DroneShield’s recent $115m capital raise, the new site in Pyrmont, NSW, cements and scales DroneShield’s fully sovereign R&D and manufacturing capabilities

COMPANY NEWS: Australian-listed DroneShield (ASX:DRO) has opened its new headquarters, tripling its research and development (R&D) and manufacturing capacity to more than AU$400 million in hardware and software per year as the company works to convert a sales pipeline of over $500 million.

COMPANY NEWS:  Aqua Security, the pioneer in cloud native security, today announced it has secured $60M in funding, led by new investor Evolution Equity Partners, with participation from existing investors Insight Partners, Lightspeed Venture Partners and StepStone Group.

Australian clean energy company, Endua, has secured $11.8 million in funding as it prepares to scale new hydrogen generation and storage technologies that can deliver affordable and reliable renewable energy to power communities, remote industries and off-grid infrastructure.

Investment fund Melt Ventures has raised $10 million for its first fund dedicated to advanced manufacturing and expects to raise $20 to $30 million by the end of this financial year.

AI-based cyber risk management SaaS platforms provider Safe Security has announced the close of a $50 million Series B round led by Sorenson Capital, with participation from Telstra Ventures, Eight Roads, venture capital arm of Fidelity Investments WTI, and all existing investors.

Australian recruiting startup Paraform has announced a A$2 million pre-seed capital raise

COMPANY NEWS: A true profit-for-purpose tech startup, T-shirt Ventures, has raised $11 million in Series A funding as it aims to scale its support to people living with disabilities and long-term health needs to live the life they want. 

Australian clinical trials company Evrima has raised $3 million to boost its aim to double headcount and grow the capabilities of its tech platform.

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.

End-to-end payment gateway and management platform for the property management industry, Managed App, has raised $5.3 million and appointed co-founder Nick Bouris as CEO.

New Zealand cyber security education company SafeStack Academy has raised NZ$2.3 million through a seed round with the funds to be used to further develop and grow its software security product.

Investment technology startup Fresh Equities has raised $2.3 million in a deal led by Archangel Ventures, and joined by a fintech founders syndicate containing founders from Wisr, Sythetix and Zip Co Limited.

Payments technology company mx51 has raised $25 million in a Series A round led by Acorn Capital, Artesian, Commencer Capital and Mastercard. 

Australian-listed cloud-based IT solutions provider Linius Technologies says it has received firm commitments from professional investors to raise $5 million.

Australian-listed media and marketing company Crowd Media has executed a binding heads of agreement with an alliance of European strategic investors - the Invincible Investment Consortium (IIC) - to fund existing company requirements and the development of new business synergies and future joint ventures.

Australian battery company Redflow is raising $14.5 million in capital to fund sustainable delivery of its zinc-bromine flow batteries to high demand areas such as telecommunications.

Perth-headquartered security technology company Spectur has announced an IPO to raise $4.5 million, ahead of its planned listing on the Australian Stock Exchange.