Seven Aussie startups that raised a casual $284 million this week

This week has confirmed that huge startup raises are again, child. Look, we would not be at September 2021 ranges, however there have been nonetheless some thrilling money injections throughout the Aussie panorama over the previous few days.

Superior navigation: $108 million

AI robotics and navigation tech firm Superior Navigation has topped the funding charts this week with a whopping $108 million in Sequence B funding. The spherical was led by KKR and joined by CSIRO’s Predominant Sequence, In-Q-Tel, OIF Ventures, AI Capital and former prime Minister Malcolm Turnbull.

It follows Superior Navigation’s $20 million Sequence A spherical at the end of 2019.

In accordance with the corporate, this funding spherical will probably be used to develop its AI tech to increase autonomy drastically for the likes of flying taxis, driverless automobiles, area crafts, drone deliveries, autonomous farming and deep sea robotics. All of the enjoyable stuff, mainly.

Superior Navigation co-founders Xavier Orr and Chris Shaw. Supply: equipped.

Vow: $73 million

Cultured meat startup Vow has closed on $73 million (US$49.2 million) in a funding spherical led by Blackbird and Prosperity7 Ventures.

A part of the funds will go in direction of a second facility, with one other chunk being invested within the firm’s first model: Morsel. The primary section of its rollout will contain launching the world’s first cultured meat eating expertise in Singapore.

Read the full story here.

Vow founders George Peppou and Tim Noakesmith reducing the ribbon on Manufacturing facility 1 with NSW Treasurer Matt Kean. Supply: equipped.

Ofload: $60 million

Freight logistics startup Ofload additionally scored huge with a $60 million Sequence B spherical, led by Jungle Ventures.

It was joined by current buyers King River Capital, Bay Grove, Maersk Development, Foundamental and Mars Development Capital.

Ofload additionally took out the quantity two spot in our Smart50 Awards this week. I feel we are able to all agree that’s equally pretty much as good as $60 million. You can look at the full list of winners here.

Here’s the full story.

Buildkite: $31 million

Software program growth startup Buildkite has acquired $31 million in Sequence B funding, led by OneVentures and AirTree.

Based in 2013, the corporate is a steady integration (CI) and steady growth (CD) workflow service that enables builders to merge modifications to in-progress work with secure code, in addition to roll out updates incrementally as code and testing is accomplished.

The startup at the moment works with greater than 30,000 engineers throughout firms like Canva, Slack and Uber to check their codes, saving them time and offering an automated suggestions loop.

ULUU: $8 million

ULUU is a biotech startup out of Perth that’s locked in $8 million in recent funding, led by Main Sequence and joined by Albert Impression Ventures, Mistletoe and Potential Ventures.

ULUU is utilising seaweed and fermentation strategies to create a substitute for conventional plastics. Its story is extraordinarily cool and you’ll learn the total factor, including an exclusive interview with Dr Julia Reisser here.

ULUU founders Dr Julia Reisser and Michael Kingsbury. Supply: equipped.

ClearCalcs: $2.5 million

ClearCalcs has secured $2.5 million from its current buyers EVP and Shearwater Capital. This follows an preliminary $1.65 million back in 2021 and its pre-series capital is now at $5 million.

The corporate’s structural design software program permits engineers, architects and designers to entry calculators and instruments to assist simplify and streamline the constructing course of.

In accordance with the corporate, the funds will probably be used for extra hires, to safe extra customers by way of partnerships and roll out extra merchandise.

ClearCalcs founders Chris Borzillo and Steven Robinson. Supply: equipped

Kindship: $1 million

Kindship has secured a $1 million spherical led by the Birchal fairness crowdfunding marketing campaign.

The startup is led by 4 girls who’re elevating kids with disabilities and their purpose is to offer instruments to assist navigate the advanced Nationwide Incapacity Insurance coverage Scheme (NDIS).

Here’s the full story.

Kindship founders Stephanie Wicks, Tara Thompson, Sandy Golder and Summer season Petrosius.. Supply: equipped.