Dynamic Business brings you the key startup fundraising from this week:
Codat (Series C)
How much: AUD$138.7M (USD$100M)
Participants: led by JP Morgan Growth Equity Partners, Canapi Ventures, Plaid and Shopify also participated.
Codat is the all-encompassing API for small company data. Codat’s real-time connectivity enables software vendors and financial institutions to create integrated products for their small business customers.
CoachHub (Series C)
How much: $200M
Participants: Led by Sofina and SoftBank Vision Fund 2. Existing investors also participated in Molten Ventures, Silicon Valley Bank/SVB Capital, HV Capital, Signals Venture Capital, and Speedinvest.
CoachHub is the premier worldwide talent development platform, enabling businesses to design customised, quantifiable, and scalable coaching programmes for their entire workforce.
How much: $6 million
Participants: Thorney Investment Group, Ellerston Capital, Paul Dwyer, founder of PSC Insurance, and Bell Potter’s Hugh Robertson.
Willed is an Australian online estate planning platform.
MicroTau (Seed round)
How much: $5.6 million
Participants: Led by the Clean Energy Finance Corporation (CEFC). Other participants include Bill Tai and Amanda Terry of ACTAI Ventures and Bandera Capital.
MicroTau prints minuscule designs inspired by nature to decrease drag and create,
How much: $12 million
Participant: Australian Business Growth Fund
HUBBED gives small and medium-sized businesses access to 2200 locations to pick up shipments and drop off returns.
Two $115m funds to support research commercialisation start-ups
The University of Melbourne is launching two new $115 million major investment funds to help researchers commercialise their innovations in new ventures.
The University of Melbourne Genesis Pre-Seed Fund, created in cooperation with Breakthrough Victoria, will provide funding for early-stage research, concepts, and new technologies, as well as access to University networks and mentoring to assist enterprises in becoming seed-fund ready.
CSIRO’s offer to SMEs working in cyber security
Small and medium-sized firms (SMEs) working on novel cyber security solutions can participate in CSIRO’s free, 10-week online Innovate to Grow programme, which provides research and development expertise to support their commercial proposal.
After completing the programme, participants can get facilitation help from CSIRO to link to research talent across the country, as well as dollar-matched R&D funding.