Melbourne AI startup Marqo raises $19.3 million in Series A funding
Melbourne Artificial Intelligence (AI) startup Marqo has closed a A$19.3 million (USD$12.5 million) Series A funding round led by Lightspeed
CEFC-backed Virescent Ventures entrenches position as Australia’s largest specialist climate tech VC
Australia’s pioneer climate tech VC Virescent Ventures today confirmed its specialist portfolio is over $260 million, having backed 33 innovative climate tech businesses and funds/incubators.
Relevance AI raises AU$15m to help businesses scale rapidly with autonomous AI workforces
Relevance AI, an Australian startup on a mission to help businesses build AI workforces, has raised AU$15m in a Series A funding round.
Avarni raises $2.5 million to accelerate pathway to net zero across $1.5 trillion supply chain data
Avarni has raised $2.5 million in an extension round to help more companies achieve net zero targets by mobilising companies and their suppliers to decarbonise.
Plastic reduction platform Phantm raises $2 million to spearhead plastic reduction for Australian businesses
Phantm, a new plastic reduction platform, has successfully secured $2 million in an oversubscribed seed round.
LaunchVic launches new program to attract venture capital funds to Victoria
LaunchVic is set to entice new venture capital funds to Victoria through a new VC Support Program that will invest up to $300,000 for individual funds looking to establish themselves in Victoria.
Virescent Ventures and UNSW launch inaugural Climate 10x cohort
Virescent Ventures and UNSW have revealed the first cohort of five climate tech startups in their Climate 10x Accelerator, as well as $580,000 of total funding.
Sydney scaleup Neara closes $24m Series B funding round
Sydney scaleup company Neara have announced a $10 million capital raise extension which increases the total Series B funding to $24 million.
