From AI-enabled eCommerce to workplace wellness, marketing automation, and Asia-Pacific growth lending, indigenous startups are acquiring huge deals and enormous cheques.
Here’s this week’s fundraising announcements:
Australian AI startup Zyft has raised $7.5 million in private funding, boosting its valuation to $37.5 million. Led by PSC Insurance founder Paul Dwyer, the round will help Zyft enhance its core product, an AI-powered price comparison platform, and expand its reach across the Australian retail landscape.
The funds will go toward improving AI capabilities, growing the user base, and rolling out new monetisation strategies. Zyft is part of the Waller Group, which also includes successful ventures like Point Hacks and CareAbout.
Global VC firm Antler has announced funding for eight emerging Australian startups, with a strong tilt toward artificial intelligence. These startups span sectors including fintech, healthcare, robotics, insurance, and digital security. The cohort is part of Antler’s Agreement of Rolling Capital, which offers long-term investment and early-stage …