Tuesday, June 22, 2021

Australian proptech platform Archistar raises $6M after record growth

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Founded by Dr Benjamin Coorey, an Architect with a PhD in 3D generative building design, Archistar combines architectural design with artificial intelligence to inform decision-making. Used by Government, architects, planners, developers and agents, the software platform gives instant information on the highest and best use residential and commercial projects allowable on any development site in Australia based on local planning and zoning rules.

Acronis receives more than $250M investment at a $2.5B valuation

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A significant portion of the investment will also be used to further enhance Acronis’ go-to-market initiatives by expanding its broad partner network – most notably managed service providers (MSPs) – to help them better serve the cyber protection needs of their clients.

Zoomo secures AU$16m to foster electrification of last-mile delivery

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With regulatory and cultural tailwinds, Zoomo is accelerating the electrification of global transport, starting with last mile delivery.

Businesses turned to new funding options to get through pandemic

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Cash is always king but no more so than during the pandemic. One in four small businesses said they had cash flow issues after being rejected from a loan, and a similar number had cash flow issues because their credit lines were reduced in 2020. Small businesses are in need of funding methods that smooth out cash flow gaps and allow them to take on new opportunities.

Aurecon partners with Archistar on pioneer data centre site selection tool

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Running real-time feasibility studies to find suitable sites for locating new facilities is crucial for data centre owners and developers in the current climate of increasing data use and subsequent demand for storage.

ORDER announces successful $5.3M capital raising and a new CEO

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We closed out a combined $5.3 million funding round, led by capital market investors like Jason and Harry, who recognise the opportunities available within the sector. This group brings both investment success and a wealth of experience taking early-stage businesses to the next level. The funding provides the capital to diversify our operations into the content and lifestyle space, while continuing to attract the best operational talent to support our aggressive growth strategy.

Australia’s first virtual card technology of its kind secures a further $1.7 million in...

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DiviPay enables businesses to instantly issue virtual corporate Mastercards to employees to make online and in-store purchases via Apple Pay – the first business of its kind to do so in Australia – and Google Pay.

An investment worth making: Online boat market place Flotespace wins over investors

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While we know Flotespace is a business that deserves to continue this tremendous growth, we are extremely proud and grateful of the investments we have achieved. This boost will support many of the projects we are working on that will transform the boating industry and provide a platform that supports charter boat owners and consumers alike.

Australian government’s $10M challenge to slash business compliance burden

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Australia’s strong regulatory environment is designed to keep our workplaces safe, our products high quality, and help consumers get what they pay for. The downside to having that important safety net is the compliance burden it imposes on businesses. With this $10 million round, we’re looking for innovative regulatory technologies to reduce that burden in four key areas, while keeping Australian standards at world’s best levels.

Mr Yum raises $11m in post-seed funding from TEN13 & AirTree in hospitality, tech...

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Heavy hitters from the tech, hospitality and entertainment industry also participated in the round, including US based Australian NBA-star Patty Mills of the San Antonio Spurs, internationally acclaimed electronic dance artists Rüfüs Du Sol and Shark Tank’s Andrew Banks.

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