Dynamic Business brings you the key startup fundraising from this week:
How much: $5.7 million
Participants: new and existing investors
Hysata (Series A)
How much: $40 million
Participants: Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus).
LYRO Robotics (pre-Series A)
How much: $1.5 million
Participants: Artesian/Boab AI and AgFunder joining the original investor, Japan’s Toyo Kanetsu.
LYRO has created the world’s first self-driving robot, capable of picking up fragile fresh produce from a conveyor belt and packing it into boxes.
How much: $5.2 million
Participants: The round was led by Blackbird, with participation from existing investors Shearwater Capital and angels, including local tech founders Tim Doyle of Eucalyptus and Rory San Miguel of Propeller.
AirTree launches the 2022 Explorer Program to facilitate greater support for ANZ founders
AirTree has opened applications for the second batch of its Explorer Program as part of an ongoing effort to establish and nurture the next generation of Angel Investors and founders in Australia and New Zealand.
In addition to world-class insights and education on angel investing, Explorers have access to one of the strongest angel networks in ANZ and coveted access to AirTree’s Investment Committee meetings to experience firsthand the process and considerations guiding one of Australia’s leading early-stage VC firms.