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AgTech Australia and Oceania Automotive Electric Vehicle Manufacturing Software Transportation

Electric utility bike company Ubco scores $10M strategic investment with TPK

– New Zealand-based electric utility bike company Ubco announced a new strategic partnership with TPK Holdings, a Taiwanese electric components manufacturing company.
– As part of the agreement, TPK will be leading Ubco’s Series B with a $10 million investment, bringing the company’s total funding to $23 million.
– TPK will also bring the company significant supply chain support as well as scaling and manufacturing capabilities in the near future.
– At the initial stage of the partnership, TPK’s large network of global suppliers will help Ubco ramp up production of its flagship 2X2 electric utility bike, which comes in an off-road version geared for farmers and a city version geared for last-mile logistics.
– Ubco is also gearing up to release two new vehicles for which TPK will provide dedicated manufacturing support.

Australia and Oceania Finance Financial Services FinTech Payments

Airwallex Raised US$200 Million Series E Funding Round Led by Lone Pine Capital

– Airwallex announced it has raised US$200m in an oversubscribed Series E financing round, increasing the company’s valuation to US$4b.
– This latest investment follows an extended Series D capital raise earlier this year in March, cementing Airwallex’s position as one of the fastest growing unicorns amid an unprecedented business environment affected by COVID.
– The investment will support Airwallex’s global expansion and enable the company to accelerate multiple product development initiatives across its five engineering hubs, grow its sales and commercial teams and increase its breadth of offerings for SMEs and larger enterprises operating in the digital economy.

Advertising Auctions Australia and Oceania E-Commerce Internet Marketing Marketplace

Flippa Raises $11M in Series A Funding

– Flippa is an Austin, Texas-based global online marketplace to buy and sell online businesses and digital assets.
– The company raised $11m in Series A funding.
– The round was led by OneVentures through its 1V Growth Fund V, with participation from: Andrew Walsh (ex-CEO Hitwise, acquired by Experian); Mark Harbottle and Matt Mickiewicz – Co-founders of Flippa, as well as 99designs; Gabby & Hezi Leibovich (Founders of; Guy King and Bevan Clarke (Founders of; Tim O’Neill and Tim Fouhy (Founders of Reactive Media).
– The company plans to use the proceeds of its Series A round to double its headcount to more than 100 employees, hiring globally including in Melbourne, San Francisco, Austin, and also remotely, across all departments including engineering, product, sales, marketing and more, and expand its platform product functionality, including scaling its proprietary business valuation tool.

Australia and Oceania Internet

zkTube Raises $15M in Funding

– zkTube Labs is a Melbourne, Australia-based Ethereum Cross-Rollup Layer 2 protocol.
– The company raised $15m in Series A funding.
– The round was led by the Singapore DASH Foundation with participation from Canada OneUni Capital, Amplio Capital (Bitmart), Chainfir Capital, YFund, July Capital and other institutions.
– The funds will be used for the comprehensive operation of the Mainnet including Mainnet mining, PayTube Wallet, and the Layer 2 ecosystem construction.

Analytics Artificial Intelligence Australia and Oceania Fitness Health Care Machine Learning Software

New Zealand startup HeartLab raises $2.45M to bring heart scanning software to the US

– HeartLab, a medtech startup, raised $2.45m in seed funding.
– The company plans to expand its AI-powered heart scanning and reporting platform to cardiologists in the United States by early next year.
– HeartLab provides an end-to-end solution for echocardiograms, the ultrasound tests that doctors use to examine a patient’s heart structure and function.

Australia and Oceania Event Management Events SaaS Software Video Conferencing

Online events platform Delegate Connect gets $10M AUD led by AirTree

– Delegate Connect, a virtual/hybrid events platform, raised $10m in seed funding.
– The round was led by AirTree Ventures and joined by Skip Capital, TEN13 and Australian startup founders like LinkTree’s Alex Zaccaria and Go1’s Andrew Barnes.
– The capital will be used to build Delegate Connect’s teams in Melbourne, London and Norway, which enable it to handle events around the world, increasing headcount from 45 to more than 100 by December.
– It also plans to open a United States-based office soon.

Australia and Oceania Graphic Design Photo Editing Publishing Software Web Design

Canva Raises USD $200M in Funding; Valued at USD 40 Billion Valuation

– Canva – a global visual communications platform based in Sidney, Australia – raised USD $200m in a funding round which valued the company at USD $40b.
– The round was led by T. Rowe Price with participation from new and existing strategic investors Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis, and AirTree Ventures.
– The company intends to use the funds to accelerate growth, including expanding its team of more than 2,000 employees, which it is expected to double in the year ahead.

Analytics Artificial Intelligence Australia and Oceania Big Data Health Care Information Technology Machine Learning Pharmaceutical Predictive Analytics

Prospection Secures $45 million to Accelerate Growth of its Powerful Healthcare Insights Technology

– Prospection has successfully raised $45m from institutional investors in a Series B round, cornerstoned by new investor Ellerston JAADE with participation from existing shareholders Main Sequence and Horizons Ventures.
– Prospection uses real world data, powering evidence to deliver better patient outcomes. Its powerful AI algorithms follow millions of de-identified patients over time to search for patterns in their health and treatment journey. Uniquely, these algorithms can ingest multiple longitudinal patient and commercial datasets globally from varied sources such as governments, insurers, healthcare providers/institutions and health records, to produce rich and accurate insights at high speed.
– These datasets are turned into actionable, medical insights to help determine the best treatment plan for a patient, locate patients who would benefit from improved therapeutic decisions and be written into publishable evidence for scientific journals.

Australia and Oceania Biotechnology Health Care Life Science Medical

HaemaLogiX Raises $10M in Funding

– haemaLogiX from Sydney is a biotech company developing a drug to treat a rare blood disorder.
– The company raised $10M in Series A funding.
– The round was led by Platinum Asset Management via its Platinum International Health Care Fund.
– The investment will be used to support the manufacturing of the next batch of the Kappa antibody plus the conduct of a higher dose, 30mg/kg, monotherapy study and prepare for two further studies.

Australia and Oceania Blockchain Cloud Data Services Software

SubQuery Announces US$9 Million Funding Round For Decentralized Data Protocol For The Polkadot Ecosystem

– SubQuery announced a US$9m funding round for the first decentralized data aggregation layer for the Polkadot ecosystem.
– SubQuery aims to improve access to decentralized blockchain data by creating a vibrant marketplace for data indexing and provisioning.
– SubQuery’s technology provides Polkadot and Kusama developers with the tools needed to easily explore, transform and analyse on-chain data.
– As a result, blockchain developers can focus on product development and user experience rather than building their own querying systems.

Analytics Artificial Intelligence Australia and Oceania Drone Management Drones Enterprise Software Machine Learning Software Video Streaming

Unleash live Raises $8M in Series A to Scale A.I. Apps for Enterprise Analytics

– Unleash live, one of the world’s leading A.I. video analytics platforms, announces an $8m Series A funding round led by SafetyCulture.
– Launched in 2016 by co-founders Hanno Blankenstein and Jason Grier, Unleash live’s A.I. powered real time analytics platform, ‘Intelligent Remote Vision’, generates immediate insights that enable enterprises to materially drive down costs, raise productivity, increase accuracy, and improve safety.
– The company has seen over 500% growth since March 2020.

Australia and Oceania Automotive Autonomous Vehicles Electric Vehicle

Tritium Announces AUD$40 million Private Placement Financing by Cigna Investments, Inc.

– Tritium Holdings Pty Ltd (“Tritium”), a global developer and manufacturer of direct current (“DC”) fast charging technology for electric vehicles (“EVs”), announced a AUD$40 million private placement.
– The round was led by Cigna Investments, the investment arm of Cigna Corporation, a U.S.-based global health services company.

Australia and Oceania Data Visualization Market Research Software

Litmaps Raises $1M in Seed Funding

– Litmaps from Wellington NZ develops a research software platform.
– The company raised $1M in seed funding.
– The round was led by Icehouse Ventures and attracted new investor – Quidnet Ventures as well as Angel HQ, K1W1, Exponential Founders Fund, and several strategic independent angel investors.
– The new investment will be aimed at accelerating the company’s international adoption.

Australia and Oceania Cloud Computing Quantum Computing Software

Quantum Brilliance Raises $9.7M in Seed Funding

– Quantum Brilliance is a full-stack quantum accelerator startup based in Canberra, Australia and Stuttgard, Germany.
– The company closed a USD$9.7m seed funding.
– The round was co-led by the QxBranch founders’ and Main Sequence investment consortium with participation from CP Ventures, Investible, Jelix Ventures, MA Financial (formerly Moelis Australia) Growth Ventures Fund, R3I Ventures, and Ultratech Capital Partners.
– The new funding will be used to hire for 20 roles including VP of Engineering and scientists, physicists, software engineers and control engineers.

Australia and Oceania Food and Beverage

Mushroom-based meat alternative startup Fable Food raises $6.5M AUD, will launch in the US

– Sydney-based Fable Food, a plant-based food startup, raised $6.5m in seed funding.
– The round was led by Blackbird Ventures and joined by AgFunder, Aera VC, Better Bite Ventures, Ban Choon Marketing and former Sequoia Capital partner Warren Hogarth.
– The company plans to launch in the United States by the end of this year.

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