Funding

ParentalEQ, a parent psychology platform valued at $4m which helps parents raise emotionally strong families by simplifying psychology for any parent to use, has seen huge growth.

CARS24 announced the closing of a $450 million round of funding including a $340 millon Series F Equity round alongside USD$110 million debt from diversified financial institutions.

Immutable, the global leader in gaming and digital asset technology has raised $82 million in a Series B funding round, bringing the company’s total funding to $105 million.

Singapore based Bluesheets helps to facilitate connecting and automating all financial data for enterprises in one place and has onboarded enterprises from around the globe.

Scalapay, a payment solution in Southern Europe that enables customers to buy now and pay later (BNPL) without interest raised $210m in equity funding in a Series A investment round.

Umbo, a social enterprise to reduce inequalities in access to health care by connecting families in rural communities with speech and occupational therapists, received a $200,000 investment from social enterprise investor Fortis River Pty Ltd, with Pilgrim Advisors advising the process.

Melbourne-based fund manager Salter Brothers has led a capital raise of $6.5 million for global payments innovation platform Verrency, partnering with Perennial Value Management to provide expansion capital to the rapidly growing fintech in a sector with huge growth potential.

The Global Startup Ecosystem Report (GSER) 2021 revealed that Melbourne’s startup ecosystem value has grown by more than AUD $3 billion in the past year to more than AUD$10 billion.

Clinscience, which is a subsidiary of NEUCA Group, signed an investment agreement to acquire 60% of the digital CRO (Contract Research Organization) EXOM Group.

Sydney-based fintech startup Shouta has announced the closure of its seed funding round having secured $1m in funding from a range of notable investors.