THE ALTERNATIVE VIEW
Australia Tech & Venture Capital

By: Alternatives.pe

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STARTUP FUNDRAISING

JUSTFUND, a finance provider offering flexible credit lines to cover family law legal fees and disbursements, raises AUD 5.7 million in a Seed round for its divorce lending offering, led by Xilium Capital. The company has also recently taken on AUD 82 million in Debt.

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VIEWA, an AR company transforming digital e-commerce with immersive technology, secures AUD 300K in Pre-Seed funding from Skalata to expand its customer reach. 

BELLA SALES, a provider of personalized, research-driven communication solutions for scalable outbound sales, raises AUD 225K in funding from Antler.

FRONTCOVER, a provider of tools that empower community managers to build, communicate, and deliver tangible benefits, enhancing engagement and member value, raises AUD 225K funding from Antler among 11 other recipients. 

ORKESTRA, a renewable energy software platform to help energy companies plan, sell, and optimize the roll-out of new energy, has reportedly received AUD 2.77 million in Grant funding from the Federal government-backed Australian Renewable Energy Agency (ARENA).

YEYRO, a company providing a platform to integrate wearable technology data into business workflows, has reportedly raised AUD 225K from Antler.

AURIC, a developer of AI-driven solutions for modern aromatherapy experiences, has reportedly secured AUD 220K from Antler.

PALADIN SPACE, a developer of a reusable space debris remover designed to mitigate the threat of orbital debris, has reportedly received AUD 100K in Grant from the state government.

REVENUE UPDATES

DRIVE GROUP AUSTRALIA, a partner and major contributor to investing capital into the motor vehicle repair industry to enhance and support its sustainability, quality, employment, and training, reported revenue of AUD 64.5 million for the FY ending in June 2024.
 

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NEW STARTUPS

PIKKL (2024): A pioneer in sustainable energy, using algae biotechnology to decentralize green fuel production.

YAKKA LABOUR (2022): A platform linking construction companies with local workers for jobs.

 

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OTHER NEWS

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