Melbourne urban-data startup Neighbourlytics has raised $1.25 million in seed funding, led by Carol Schwartz’s Trawalla Group, as it gears up for growth to meet increasing demand. The round also included women-focused angel investor network Scale Investors, and venture capital firm Artesian.
Industry news updates August 2019
“Ahead of the curve”: FluroSat bags $4.6 million, including from Microsoft, as market wakes up to agtech opportunity
Aussie agtech FluroSat has secured $4.6 million in funding from big-name backers, including Microsoft’s venture fund M12, as it looks to take its tech to a global audience. The funding also comes from Artesian and GRDC’s GrainInnovate Fund, the Artesian Clean Energy Fund, Costanoa Ventures…
Australia just got a new digital bank called 86 400 and its chair has a history of taking on the big end of town
A new set of digital banks are arriving in Australia to compete with the big four — NAB, ANZ, Westpac and the Commonwealth Bank — with a new one approved to operate on Thursday. 86 400 — named for the number of seconds in a day — has now been authorised to accept deposits, and promises to be in operation later this year.