PhonePe said it has raised another $100 million as part of an ongoing round, a deliberation that has so far raised $450 million despite the market slump, as the Indian fintech giant replenishes its war chest following its recent separation from the parent company Flipkart. Ribbit Capital, Tiger Global and [...]
NSW Treasurer Matt Keen hopes electric vehicle fans will vote Liberal in next month’s state election, promising to install 30,000 chargers in NSW by 2026 if they win the election. More importantly, the coalition government promises to reform a major pain point for urban EV users by reforming strata laws [...]
To strive, the Singapore-based neobank aiming to become the financial operating system for SMEs, has raised an oversubscribed $100 million Series C round. Investors included Lightspeed and Sequoia Capital SEA, along with Paypal, Tencent, LGT Capital Partners and returning investors. australiabusinessblog.com last did Aspire when it raised its Series B [...]
Scientists at RMIT have made a breakthrough by developing a cheaper and more energy-efficient way to make hydrogen directly from seawater, without having to desalinate the water. Hydrogen has long been touted as a sustainable alternative fuel and a potential solution to critical energy challenges, particularly for industries that find [...]
Indian insurance platform InsuranceDekho has raised $150 million in a Series A funding round as the more-decade-old company sees M&A opportunities at a time when the market slump has engulfed most startups in the South Asian country. Goldman Sachs Asset Management and TVS Capital jointly led the Series A funding [...]
Software-focused venture capital firm EVP has closed its fourth fund after reaching its $100 million final goal. The business-to-business (B2B) focused VC now has more than $270 million in funds under management amid more than 40 early-stage start-up investments in software companies in Australia and New Zealand, including Ignition, Deputy, [...]
What does it take to bring a tech conference to life? A village, folks. Not to be confused with The villagers, but I digress. We are looking for outstanding volunteers to support our events team and help make australiabusinessblog.com Early Stage, our one-day founder meeting on April 20 in Boston, [...]
In late 2013, Errplane, a Y Combinator-backed startup, began developing an open source project called InfluxDB for database performance monitoring and alerting. After Errplane raised several million in funding from venture capital firms including Mayfield Fund and Trinity Ventures, Errplane changed its name to Inflow data — and went on [...]
New Zealand brand tracking startup Tracksuit has raised NZ$7.5 million (A$6.8 million) in Seed round. The raise was led by Blackbird, which raised $3.6 million, backed by Kiwi VC Icehouse Ventures, Ascential, Shasta Ventures and veteran brand consultant Mark Ritson. Tracksuit helps companies measure and understand brand value through weekly [...]
The past two and a half years have been a roller coaster ride for the founders of UAE Labsbut today the pre-revenue CPG company has good news: a $2 million seed round that will help bring its sprayable caffeine device to the commercial market. Draper Associates led the investment and [...]