Tuesday, July 5, 2022

Curious Thing closes $7m pre-series A to aid fintech and health services

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Voice AI communication platform, Curious Thing, has announced that it has closed a AUD$7 million pre-series A funding round led by private investment firm Hawkstone with participation from Blacksheep Capital, January Capital and return investors Reinventure and Qualgro. The injection represents a tactical investment to expedite business and consumer comfort and adoption of voice AI assistants, as the scepticism surrounding this advanced technology continues to subside and the normalisation of the human-AI relationship grows. Prior to this funding round, Curious Thing raised AUD$1.5 million from Reinventure and Qualgro in 2019.

Fashinza raises $100m to create sustainable supply chain for fashion

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Fashinza, the AI-driven B2B marketplace and real-time global supply chain platform for fashion brands and retailers, announced a Series B funding round totaling $100M USD. The funding round is led by Prosus Ventures (formerly known as Naspers Ventures) and Westbridge along with participation from existing investors Accel, Elevation, and ADQ.

CyberArk Ventures readies $30m to Fuel innovative cybersecurity tech

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CyberArk, a player in Identity Security, announced the launch of CyberArk Ventures – a $30 million global investment fund designed to empower the next generation of disruptors solving complex security challenges with innovative technology. CyberArk has initially aligned with four Venture Capital investors: Venrock, YL Ventures, Team8 Capital and Merlin Ventures.

Freelance platform Gooby launches their seed round for investment

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Gooby, an innovative platform that aims to facilitate the work of individuals and businesses, has announced the launch of its seed round of investment. The platform was developed to streamline the process by which work is done. Paving the way for individuals and businesses to seek services from a plethora of choices, and for freelancers to capitalize on their talent. Gooby is built to be a no-nonsense platform for freelancers, SME’s and  individuals. The platform features an intuitive search engine that allows buyers to search for gigs posted by freelancers or advertise their requirements through job posts. Once a buyer has submitted their post, freelancers submit proposals, giving the buyer a variety of offers to choose from.

Katanox raises $5.7m and plots B2B distribution of travel accommodations

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Katanox, the travel accommodation distribution and fintech platform, has raised $ 5.7m from a group of financial, hospitality, and tech entrepreneur family offices to overhaul and reconfigure B2B distribution in hospitality. The group of investors includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder of fintech Dimebox and current co-founder and CEO of Founder Jan Joost Kalff, and founder of hospitality tech iTesso Bas Blommaart.

Australian used car platform Carma secures A$75m Series A funding

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Australian online used car platform, Carma, announced it had completed a US$52m (A$75m) Series A funding round, led by General Catalyst Partners and Tiger Global. Carma previously secured the largest seed round in Australian history, with US$20m (approx. A$28m) from Tiger Global in March 2021. The company has now raised over A$100m in funding. Carma’s used car sales have been growing quickly since providing early access to Sydney clients in late 2021. The capital raise will accelerate its growth, and building the team, growing used car inventory and establishing reconditioning operations in Melbourne and Brisbane.

Global majors invest 170m NOK in Norwegian firm Hydrogen Mem-Tech

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AP Ventures, Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures and SINTEF Venture are putting their trust and investment into Hydrogen Mem-Tech (HMT). HMT´s palladium membrane technology separates hydrogen from bio and natural gas. The organisation has developed a technology where clean hydrogen is produced from bio and natural gas, while CO2 and other residual gases are captured to be utilized or sequestered. The HMT palladium membrane technology leverages more than 20 years of research from SINTEF, and it has been extensively tested and piloted over several years.

TA Associates announces strategic investment in Zifo RnD Solutions

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TA Associates (TA), a global growth private equity firm, announced it has completed a strategic growth investment in Zifo RnD Solutions (Zifo), a provider of scientific informatics. Founded in 2008, Zifo enables the digital transformation of Drug Discovery, Clinical Development, Manufacturing Quality Control and Genomics functions at companies across the pharma, biotech, medical device and process industries. Zifo enables firms to digitalize their operations to support innovation and help increase efficiency and speed of delivery.

Data security firm built on power of authorization reveals $110m funding

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Veza, a data security platform built on the power of authorization, announced it is emerging from stealth. Veza, founded in 2020, announced funding of over $110m from top VCs. The venture firms included; Accel, Bain Capital, Ballistic Ventures, GV, Norwest Venture Partners, and True Ventures, as well as angel investments including Kevin Mandia, Founder and CEO, Mandiant; Enrique Salem, former CEO, Symantec and Partner, Bain Capital; Lane Bess, former CEO, Palo Alto Networks; Manoj Apte, former CSO, ZScaler; Joe Montana, Liquid2 Ventures; and, security leaders Niels Provos, Karthik Rangarajan, and many more.

LaunchVic launches funding round to support Victorian startup accelerators

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LaunchVic has opened a new grant round to establish more world-class accelerator programs for Victorian founders. Grants of up to $2m are available to experienced accelerator program providers to deliver either generalist or sector-specific programs over the next three years.