FUNDED JUNE 2022

So the 21/22 financial year has come to a close and we can now bring you our 12th edition of FUNDED for June 2022 ... we keep track of Startup Funding in Australia so you don't have to. Our latest month of data capture is also a major milestone for Techboard closing off our first 5 years of funding data covering the financial years FY2018 through to FY2022. All four of our primary datasets have also passed milestones with over 5000 each of funding events, published company profiles, company founders of funded companies, and now 2000 funders/investors.

This month we added 120 new funding events, 43 new companies, 37 new investors and 87 new company founders.

Paying subscribers can use our Funding Event Search Engine to access all of our startup and tech funding data by ten variables. 

This month we have captured a total of 120 funding events, 90 of which are completed, with another 30 open or future rounds. 

June's overall funding levels haven't moved significantly from May's with Private/VC funding down slightly from the $485m captured in May to $473m from 52 deals.  Across all funding types we captured $740m from 87 funding events.

We have decided not to undertake much analysis of our monthly capture in this edition of FUNDED as we are now gearing up to produce our Annual Funding Report for FY22, incorporating an in-depth analysis of funding secured by female founders following up our Female Founder Funding Report for FY2018 - FY2021.  We will have a number of big announcements to make about our Reports over the coming weeks... so stay tuned.

So what happened in June 2022?

Who’s been FUNDED?

The month’s megadeals (>$50m)
GO1 GO1 completes a $US100m+ Series E raise bumping its valuation to $2.8m Read more...
SEA Electric SEA Electric raises US$40.6m from 13 undisclosed investors Read more...

Acquisitions
PayGroup US Fintech unicorn Deel has announced it is acquiring PayGroup for $119m. Read more...
Registry Direct Complii FinTech Solutions acquires Registry Direct for $8.11m Read more...

Other Funding Events (VC/Private, Public(ASX), ECF, Debt, Grants/Awards)

(This is just a sample of the deals we captured in May - paying subscribers get a more complete list + full searchable access to all funding data captured by Techboard since 30 July 2017).
5B 5B secures the lions share of a planned $50m Series B round. Read more...
AGRA Farming Technologies AGRA Farming has been accepted into Spacecubed's 2022 Plus Eight Accelerator. Read more...
Akasha Brewing Company Craft brewery Akasha closes a $1.75m ECF raise with Equitise. Read more...
AntiBeauty AntiBeauty has been accepted into Spacecubed's 2022 Plus Eight Accelerator. Read more...
Arbela Arbela has been accepted into Spacecubed's 2022 Plus Eight Accelerator. Read more...
Archistar.ai Archistar has secured $11m in Series C funding. Read more...
Australian Museum of Design Digital NFT startup Australian Museum of Design has closed their ECF campaign with Birchal and raised $179k from 137 investors. Read more...
Back Paddock Company 15 growth companies have been awarded June's Accelerating Commercialisation grants from the Federal Government. Read more...
Bare Cremation DTC end of life startup Bare closes a $10m Series A round led by Perennial Partners and Ord Minnett Private Capital. Read more...
Bioscout 15 growth companies have been awarded June's Accelerating Commercialisation grants from the Federal Government. Read more...
black.ai Automated computer vision software company black.ai closes a $5.4m Series A round. Read more...
Bobbleware Australia Bobbleware has been accepted into Spacecubed's 2022 Plus Eight Accelerator. Read more...
Chippit Digital banking app Chippit raises $190k in Pre-seed funding from Antler. Read more...
Cloutly Martech startup Cloutly secures $500k in Pre-seed funding. Read more...
Coinstash Coinstash closes its ECF campaign with a $1.44m raise from 552 investors via Birchal. Read more...
Conveyor Manufacturers Australia 15 growth companies have been awarded June's Accelerating Commercialisation grants from the Federal Government. Read more...
Credit Clear Credit Clear completes a $7.5m Placement to support rapid onboarding of new clients. Read more...
Edrolo Edtech Edrolo raises $40m in a Series B round led by Blackbird. Read more...
ElectraLith Minetech startup ElectraLith secures $2.25m in Seed funding from Rio Tinto and IP Group. Read more...
Equatorial Launch Australia Equatorial Launch Australia raises $20m including investment from the NT Government. Read more...
Evergen Energy software startup Evergen secures $15m from Fotowatio Renewable Ventures Read more...
ExtrasJar Artesian Ventures backs ExtrasJar's Seed Round. Read more...
FBR Construction tech growth company FBR closes a $4m Placement to institutional and sophisticated investors. Read more...
FlyFreely FlyFreely landed investment from Artesian Read more...
Force Hooks Force Hooks has been accepted into Spacecubed's 2022 Plus Eight Accelerator. Read more...

Other funding events for our paid subscribers: Our paid subscribers get access to many more funding events on the Techboard Platform  

News from Funders

Tidal Ventures is raising $80m for its third Seed fund. Read more...
Victorian Government allocates $100m to invest in Pre-seed startups coming out of universities. Read more...
NSW Government is launching a new $703.4m Future Economy Fund to invest in local tech companies. Read more...
Wunala Capital is raising $25m to continue its tech investments. Read more...
New agtech VC Mandalay Venture Partners secures the first $16.8m for its first $50m fund. Read more...
University of Melbourne launches the Tin Alley Ventures Fund and the Genesis Pre-Seed Fund worth $115m. Read more...
Potentia Capital Fund II closes with $635m raised. Read more...
Flying Fox has opened its 22/23 rolling fund with existing investors already committing $2m. Read more...
NSW Government announces a new $10m female founder fund after Carla Zampatti. Read more...
WA Government announces $3.6m in funding for 36 National Health and Medical Research Council (NHMRC) grants to be awarded. Read more...
Aldar Properties, Abu Dhabi-based Aldar Properties has invested in Proptech VC Taronga Ventures. Read more...

Who’s Looking for Funding?

(Sample only .. subscribe and see more)

Silicon Quantum Computing Silicon Quantum Computing is after $130m. Read more...
Equatorial Launch Australia Equatorial Launch Australia is raising $50m in a possible IPO Read more...
Nexba Sugarless drinks company Nexba is raising a Series B round. Read more...
MoneyMe MoneyMe is seeking $20m with help frm Barrenjoey Read more...
Realty Assist Proptech startup Realty Assist is raising up to $12.5m. Read more...
Stockspot Robo-advisor Stockspot has opened a $5m funding round. Read more...
Salt&Lime Debt management fintech Salt&Lime is currently raising $5m in Series A funding. Read more...
H2X Global Hydrogen fuel-cell electric vehicle startup H2X Global is raising up to $5m in Series A funding. Read more...
PainChek Mobile medical devices business PainChek opens a $3m Placement. Read more...
OpenPay BNPL startup OpenPay announces a $2m SPP raise closing on 11 July. Read more...
threadheads Pop culture clothing brand threadheads is currently raising with Birchal and has already secured $1.8m in funding. Read more...
PainChek Mobile medical devices business PainChek opens a $1.59m Entitlement Offer Read more...
Vloggi Video collaboration startup Vloggi drops its Seed raise from $3m to $1m. Read more...
Republic of Fremantle Craft gin distillery Republic of Fremantle is currently raising ECF with Birchal. Read more...
Cleerhealth ESN Cleer has opened their $500k Pre-IPO round. Read more...
Citizen Wolf Sustainable made to order clothing brand Citizen Wolf is currently raising with ECF. Read more...
The Stubby Club Ecommerce sports merchandise startup The Stubby Cooler has opened their ECF campaign with Equitise and have reached their minimum. Read more...