THE ALTERNATIVE VIEW
Australia Tech & Venture Capital

By: Alternatives.pe

STARTUP FUNDRAISING

ICEBERG QUANTUM, a science and technology firm applying cutting-edge data science techniques to natural hazard modeling, raises AUD 2 million in Pre-Seed funding from Blackbird and Phoenix Court, a London-based VC, as it partners up with PsiQuantum. 

REASK, a science and technology firm applying cutting-edge data science techniques to natural hazard modeling, has reportedly secured AUD 6.4 million, led by Insuresilience Investment Fund Private Equity II (IIF II), with the support of BlueOrchard Finance Ltd. 

PHNXX, a decentralized energy company providing on-demand sustainable, regenerative power solutions for communities and businesses, has reportedly raised AUD 1.8 million in a Seed round from Synertec, ENGIE Factory, Pacific Channel, and several angel investors. 

KNOCKNOC, a cybersecurity solution for legacy systems through a secure and time-restrained authentication gateway to reduce attacks on applications, has reportedly raised Seed funding from US-based venture capital firm, Decibel Partners, along with CoAct and SomethingReal. 

REVENUE UPDATES

BELLROY, an Australian carry-goods brand that combines style and sustainability, reported revenue of AUD 125 million for the FY ending in June 2024, maintaining its profitability with earnings of AUD 11 million.

 

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RECENTLY ADDED STARTUP

SUNDAY HARVEST: The developer of automated cultivation processes to make nutrient-dense, locally grown greens accessible to communities across Australia and beyond.

 

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