THE ALTERNATIVE VIEW
Australia Tech & Venture Capital

By: Alternatives.pe

STARTUP FUNDRAISING

PROPHERO, an AI-powered platform that simplifies and optimizes property investment decisions for investors, has reportedly secured AUD 25 million in a Series A round led by Bailador.

SPLOSE, a practice management software designed to streamline operations for Allied Health and NDIS providers, has reportedly secured AUD 5 million in investment from EVP.

TWINE, an AI-powered platform that extracts and routes customer information from sales and service calls, providing product teams with actionable insights, secures AUD 2.3 million in a Pre-Seed round led by Airtree Ventures.

BANKSIA MINERALS PROCESSING, an Australian startup specializing in efficient and sustainable mineral extraction and refining, raises AUD 800K Seed equity funding from the Australian arm of British venture capital firm IP Group.

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 for the FY ending June 2024 reached AUD 64.5 million, reflecting a 334% increase from the previous year. EBIT showed improvement from the previous year, reaching AUD -12.3 million.

 

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RECENTLY ADDED STARTUP

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