Funding

Tiny, a venture-backed commercial open-source software company with roots in Brisbane Australia, today announced the acquisition of Setka, a no-code WYSIWYG editor for building interactive, engaging, ‘experiential’ content

Tiller Rides has announced that their advanced and digitally connected first 500 e-bikes will begin arriving in Australia fresh off the production line from December 2021.

TradeWindow, a trade-tech company helping importers and exporters on the front line of global trade to digitalise their trade processes has raised NZ$15 million in an over-subscribed capital raise, as it continues to pursue growth across the Asia-Pacific region.

A $100m working capital fund was launched by leading non-bank business lender ScotPac, to help Australian and New Zealand businesses get back on their feet as the economy reopens. The ScotPac SME Bounce Back Fund will allow business owners to access up to $1 million in capital with the first three months of the fund being offered interest-free.

CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, announced today that it has secured $100 million in Series A financing, bringing CoinTracker’s total valuation to $1.3 billion. The round was led by Accel, with participation from new and previous investors including General Catalyst, Initialized Capital, Y Combinator Continuity, 776 Ventures, Coinbase Ventures, Intuit Ventures, Kraken Ventures, as well as Claire Hughes Johnson (Former COO, Stripe), Gokul Rajaram (Coinbase and Pinterest board member), Jeremy Liew (Early Investor in Affirm and Snapchat), and Alex Bouaziz (Deel CEO).

Amelio Health, a provider of programs to manage chronic pain. is a successful recipient of the Australian Government’s Boosting Female Founder Initiative grant. The grant will assist Amelio Health to help more people get their life back from chronic pain. The grant recipients were announced in a joint release by Minister for Women’s Economic Security The Hon. Jane Hume and The Hon Angus Taylor MP Amelio Health is one of 51 recipients from over 2200 applicants.

LambdaTest, an end-to-end cloud-based test orchestration platform, has closed a total of $45 million in a venture round led by Premji Invest with participation from existing investors Sequoia Capital India, Telstra Ventures, Blume Ventures, and Leo Capital. Sandeep Johri, Ex-CEO and present board member of Tricentis, has also angel invested in this round. LambdaTest, which is on a mission to push the boundaries of execution speed, performance and reliability of test execution, will use the funding for new product innovation.

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.

Good & Fugly, the Sydney startup rescuing (f)ugly, but fresh produce and delivering it directly to consumers' doors, is launching an equity crowdfunding campaign to help scale and amplify its mission to tackle Australia’s food waste epidemic. The fundraising campaign launches through Birchal on July 11th, with Expression of Interest (EOI) kicking off on June 21st.

TotallyAwesome, Australia’s most advanced digital advertising network for kids, teens, and families, today announced it has raised US$10m (debt and equity combined) seed funding from leading San Francisco based Partners For Growth and Singapore based boutique investment growth advisory firm Yefira Group specialising in adtech investment consulting.