NG Solution Team
Technology

Which five Australian startups raised $95.45 million this week?

This week, five Australian startups have collectively secured $95.45 million in funding, making significant strides in various sectors including vaccine delivery, logistics, and cross-border payments. Vaxxas leads the pack with a $49.2 million Series D round, despite a workforce reduction. Logistics innovator Skutopia has raised $38 million to expand its automated fulfilment centres. Send Payments, a fintech company, attracted $5 million to enhance its cross-border payment solutions. Cyber-intelligence firm Apate.ai secured $2.5 million to combat scams, while ed-tech startup Coursebox received $750,000 to advance its AI-powered course creation platform.

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