Startups in Oceania raising funds in the week of 10 November 2024

Australia and New Zealand are both pulling each other up! Check out the Austalian startup fundraisers that were not to be missed between 04 and 10 November 2024. This week, Crimson Education continues to disrupt the academic world in New Zealand with NZD 67 million raised.

Reminder: this article is sponsored by our partner WINVESTY. Are you looking for a Professional Fundraiser for your start-up or SME? Find out more about its WINVESTY Fundraiser programme.

Here is the list of fundraisers in Oceania:

Crimson Education - EdTech - fundraising of NZD 67 million

• Amount raised NZD 67 million (about AUD 60 million)
• Domain : EdTech
• Country New Zealand
• Description Crimson Education, a New Zealand scale-up specialising in university admissions consultancy and tutoring, has raised NZD 67 million in a Series D round led by Movac. This round values the company at more than NZD 1 billion. The funds will be used to expand its services and strengthen its international presence.

Orkestra - CleanTech - AUD 2.77 million fundraising round

• Amount raised AUD 2.77 million
• Domain : CleanTech / Charging infrastructure for electric vehicles
• Country : Australia
• Description Orkestra, an Australian start-up specialising in software for renewable energy projects, has received AUD 2.77 million in co-funding from the Australian Renewable Energy Agency (ARENA). The funding is aimed at accelerating the roll-out of charging points for electric vehicles in Australia.

Flashback - Hardware - AUD 500K fundraising round

• Amount raised AUD 500,000
• Domain : Technology / Retro digital cameras
• Country : Australia
• Description Flashback: Flashback, founded by Brisbane university students, has developed the Flashback ONE35, a digital camera with a retro design. The start-up has secured an AUD 500,000 investment from Shark Tank Australia, valuing the company at AUD 5 million. The funds will be used to increase production and expand distribution.

NanoCube Health - Health - AUD 3 million fundraising round

• Amount raised AUD 3 million
• Domain : Health / Cancer research
• Country : Australia
• Description NanoCube Health, an Australian start-up, has won AUD 3 million in funding for its research into pancreatic cancer. The funding was awarded after they won the pitch competition at SXSW Sydney. The funds will be used to develop innovative therapies for pancreatic cancer.

Neara - Predictive modelling - AUD 31 million capital raising

• Amount raised AUD 31 million (Series C)
• Domain : Technology / Predictive modelling for critical infrastructures
• Country : Australia
• Description Neara, an Australian company offering AI-powered predictive modelling software for critical infrastructure, has raised AUD 31 million in a Series C round led by EQT. The funds will be used to expand its services and strengthen its market position.

Alimetry - Med Tech - AUD 24 million funding round

• Amount raised NZD 27 million (about AUD 24 million)
• Domain : MedTech / Medical devices for gastric disorders
• Country New Zealand
• Description Alimetry, a New Zealand start-up developing medical devices for gastric disorders, has raised NZD 27 million in a Series A2 round. The funds will be used to accelerate the development of their technologies and expand their market.

These fundraisings illustrate the dynamism and innovation of start-ups in Oceania, covering a wide range of sectors such as education, clean technologies and consumer electronics.