Capital raising stories
![Story image](../../../../../uploads/story/2024/04/17/preview_img-4Lugvf4CeUWWtbMruHvQyzNa.webp)
FinTech Australia asks for policy rethink amid start-up funding woes
Wed, 17th Apr 2024
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fintechs
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federal government
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crowdfunding
FinTech Australia calls for government policy revisions, citing capital raising challenges for startups and the need for stronger support from Austrade to boost the country's fintech reputation internationally.
![Story image](../../../../../uploads/story/2024/04/09/preview_img-wNOjzDzgul98lENKosw0O7lQ.webp)
KPMG and Stone & Chalk seek startups for Future Technology Program
Tue, 9th Apr 2024
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data analytics
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cx
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martech
KPMG Australia and Stone and Chalk seek innovative start-ups for the fourth run of the Future Technology Program to tackle economic challenges and improve business performance.
![Story image](../../../../../uploads/story/2024/02/29/preview_img-oPxtsEnfIwV4zmRKoYt5D1NF.webp)
Australia’s first Indigenous sovereign cloud launched
Thu, 29th Feb 2024
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digital transformation
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public cloud
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nz
Australia sees the launch of its first Indigenous Sovereign Cloud, a product of collaboration between DQA, Indigenous IT leader Dickerson Digital, and Microsoft.
![Story image](../../../../../uploads/story/2024/02/14/preview_img-uDTfmRHT4dQ221FYJTlYo3kc.webp)
Australia's digital health sector yields record-breaking economic returns
Wed, 14th Feb 2024
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healthtech
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capital raising
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productivity
Australia's digital health investment yields $19.70 in capital, 56 jobs and AUD 4.2m in gross economic value for every AUD $1m invested, according to a landmark report.
![Story image](../../../../../uploads/story/2023/12/02/preview_img-k1ahkwhgOCZvKrHNPX9lcxIQ.webp)
Australian fintech sector shows success but start-ups face steep entry barriers
Mon, 4th Dec 2023
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fintechs
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financial institutions
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ey
Australia's fintech sector thrives, yet emerging start-ups battle daunting entry barriers, according to EY FinTech Australia Census report.
![Story image](../../../../../uploads/story/2023/11/06/preview_fintech.webp)
Australian fintech startup numbers dwindle amid challenging economic conditions
Mon, 6th Nov 2023
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software development
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development
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investment
Number of Australian fintech startups drops for the first time, down 3% to 830, as challenging economic conditions persist.
![Story image](../../../../../uploads/story/2023/10/11/preview_GettyImages-924322472.webp)
SuperOps.ai raises $12M following 300% spike in customers
Wed, 11th Oct 2023
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cybersecurity
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workflow
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capital raising
SuperOps.ai, the AI-powered IT management software platform, has raised $12.4m in Series B funding, with customer numbers increasing by 300%.
![Story image](../../../../../uploads/story/2023/07/13/preview_screen_shot_2023-07-11_at_1(2).webp)
ESR Enhances Leadership Team with CIO & COO Promotions
Wed, 12th Jul 2023
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stakeholders
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talent
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capital raising
ESR, APAC's largest real asset manager, elevates Josh Daitch to Group CIO and Matthew Lawson to Group COO to bolster its leadership team effective 11 July 2023.
![Story image](../../../../../uploads/story/2023/02/24/preview_GettyImages-1163982506__1_.webp)
inDrive raises $150 million for expansion, new investments
Fri, 24th Feb 2023
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m&a
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capital raising
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investment
This latest round of funding will give inDrive additional financial flexibility and will support the company’s ongoing growth.
![Story image](../../../../../uploads/story/2023/01/31/preview_Michael_Burridge_ATech1.webp)
ATech has appointed its first Chief Financial Officer
Tue, 31st Jan 2023
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hcm
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martech
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risk & compliance
Brisbane-based cloud hosting & web development firm, ATech, appoints CFO Michael Burridge to manage fiscal operations, identify cost savings & efficiencies.
![Story image](../../../../../uploads/story/2021/11/11/preview_GettyImages-1270518089.webp)
Nitro to acquire Belgian eSign company Connective for AU$110m
Thu, 11th Nov 2021
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m&a
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esignature
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capital raising
Nitro will raise AU$140 million to support the purchase, comprising $80 institutional placement and $60 million accelerated non-renounceable entitlement offer.
![Story image](../../../../../uploads/story/2021/09/28/preview_GettyImages-1263517739.webp)
TradeWindow successfully raises $15M, continues to pursue APAC growth
Tue, 28th Sep 2021
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trade
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cba
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capital raising
TradeWindow raises NZ$15m in capital raise, with strategic shareholders ASB Bank and Quayside Holdings leading the investment round.
![Story image](../../../../../uploads/story/2021/06/03/preview_remi.webp)
Remi AI completes external capital raise, looks to accelerate growth
Thu, 3rd Jun 2021
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supply chain systems
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ai
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capital raising
Remi AI secures funding in first external capital raise, with new investor Boab AI and plans for accelerated product development.
![Story image](../../../../../uploads/story/2021/02/02/preview_GettyImages-1199451324.webp)
6clicks raises A$5 million, sets sights on global expansion
Tue, 2nd Feb 2021
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ai
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6clicks
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capital raising
Australian-based company 6clicks secures A$5 million in capital raise for rapid global expansion, bringing total investment to A$7.7 million.
![Story image](../../../../../uploads/story/2019/12/09/preview_scam.webp)
Check Point researchers uncover how to steal $1 million by email
Mon, 9th Dec 2019
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email security
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investment
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capital raising
Check Point researchers reveal intricate email scam by Chinese hackers, stealing USD $1 million meant for an Israeli startup from a Chinese VC firm.
![Story image](../../../../../uploads/story/2019/10/18/preview_supply_chain.webp)
Rubicon invests in inventory management software Cin7
Fri, 18th Oct 2019
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martech
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commerce systems
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supply chain systems
The funding will be used to accelerate Cin7’s global growth strategy through product innovation, sales expansion and continued investment in customer success.
![Story image](../../../../../uploads/story/2019/09/26/preview_Screen_Shot_2019-09-26_at_11.webp)
Fintech startup Hnry raises $2.15 million in investment round
Thu, 26th Sep 2019
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it automation
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fintechs
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investment
Fintech startup Hnry secures USD $2.15 million in an over-subscribed investment round led by EVP, fuelling technology advancements and international expansion.
![Story image](../../../../../uploads/story/2019/09/17/preview_investment2.webp)
Application shielding startup RedShield raises $14m
Tue, 17th Sep 2019
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redshield
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capital raising
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startups
RedShield CEO and co-founder Andy Prow says that taking capital from a New Zealand private equity player was a strategic choice.
![Story image](../../../../../uploads/story/2019/08/12/preview_supply_chain_3.webp)
ASB invests in blockchain-based trade provenance solution
Mon, 12th Aug 2019
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blockchain
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distributed ledger technology
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investment
ASB invests in TradeWindow to boost its DLT trade platform, enhancing efficiency and security for New Zealand exporters in global trade processes.
![Story image](../../../../../uploads/story/2019/08/01/preview_capital.webp)
Regtech company Kyckr raises $5.2 million in share placement
Thu, 1st Aug 2019
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regtech
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capital raising
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kyckr
Kyckr raises AUD $5.2 million through share placement, bolstering global commercialisation plans and strategic partnerships with the likes of AXA Singapore.