THE ALTERNATIVE VIEW
Australia Tech & Venture Capital

By: Alternatives.pe

STARTUP FUNDRAISING

HARRISON.AI, a clinician-led healthcare AI company that leverages deep learning to develop AI-driven solutions across multiple medical fields, has reportedly raised an impressive AUD 179 million in Series C funding. The round was co-led by Aware Super, ECP Asset Management, and Horizons Ventures, alongside other investors.

SPRINGBOARDS, an AI-powered platform designed to accelerate idea generation and refinement for creative professionals and advertising teams, secures AUD 5 million in funding from Blackbird Ventures.

INDEX, a software company developing a product management platform to streamline and integrate key planning features, has reportedly raised AUD 3.5 million in a Seed round led by Blackbird and Bain Capital Ventures.

MINIKAI, a health tech company that makes artificial intelligence more accessible to assist and support healthcare providers, has reportedly raised AUD 2.5 million in Seed funding led by Tidal Ventures, with participation from Antler.

SHOPFRONT, a software company developing e-commerce automation tools for vendors in the circular economy, has reportedly raised AUD 1.27 million in a Pre-Seed round led by Antler, Co-Ventures, 5H Values Capital, and Jam Pad Investments.

TIKPAY, a modern ticketing and payment platform that enables travelers to access and pay for transport anytime and anywhere, has received an undisclosed investment from Exhort Ventures.

REVENUE UPDATES

HIREUP, an online platform for people with disability to find, hire, and manage their support workers, reported revenue of AUD 223 million for the FY ending in June 2024. The EBIT has improved from AUD -18 million to AUD -12 million, indicating a reduction in losses and financial progress.
 

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