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Sydney-based VC firm Carthona Capital has tipped into a $7.5 million seed funding round at construction software start-up BuildPass, which is on the hunt for external capital to bankroll its entry into the US market and advance AI product development.
The clashing visions of US presidential candidates Donald Trump and Kamala Harris on tax, immigration, crypto, AI and manufacturing will have profound impacts on Australia’s technology sector, local executives say, amid a surge in optimism from the Fed's bumper interest rate cut.
Insight and lessons from the worlds best entrepreneurs and investors.
Ep195 - Leigh Jasper (Co-founder & Co-CEO - Firmable) on jumping back in the founder seat after a $1.6B exit.
Successful start-up exits deliver rich returns to investors and create wealth for founders and some employees, and hopefully get recycled back into the sector.
Logistics scheduling software startup Veyor Digital has raised $2.75 million in a pre-Series A with its eyes on US market expansion. The round was led by Sydney VC Investible via its Early Stage Fund 2 alongside members of its Club Investible syndicate and other angel investors, as well as Aconex cofounders Leigh Jasper and Rob Phillpot’ via their family offices Saniel Ventures and Gravel Road Ventures.
Home insurance disruptor Honey Insurance has landed the third-largest ever series A funding round for an Australian tech company – $108 million – after nabbing market share from less innovative incumbents by using artificial intelligence and smart home sensors to bring down premiums.
Open banking facilitation startup Adatree has been acquired by Sydney small business payments provider Fat Zebra for an undisclosed sum. The Sydney regtech platform was the first early-stage startup approved to take part in Australia’s open banking system as Accredited Data Recipient (ADR) for the Consumer Data Right (CDR).
Queensland construction industry procurement platform ProcurePro has raised $6.15 million as it looks to take on the UK market. The company’s first external round was backed by AirTree and industry expert Leigh Jasper through his VC fund Saniel Ventures.
Workplace wellness technology start-up Sonder has banked another $16 million from investors in a Series B extension round at a big valuation uplift, Street Talk can reveal.
