Top 10 Australian fintech startups
Australia's fintech or financial technology sector has experienced significant growth in recent years. The market in Australia features a diverse range of startups entering many fintech subsectors across the country. Payments, wallets, and supply chain and lending are the most developed fintech subsectors in Australia. Australian Fintech grew from A$250 million in 2015 to A$4 billion in 2021. Australian...
Atlanta-based medical technology startup Lipogems raises USD 13.2 million in funding
ATLANTA, December 23, 2022 — Lipogems, a clinical-stage global medical technology company that uses autologous adipose tissue for therapeutic use in orthopedics and other specialties, today announced that it has raised €12.5 million (approximately USD 13.2 million) in growth capital for 2022 to support the recently FDA-approved IDE Studies for a separate and specific indication in Knee Osteoarthritis (OA). The...
Web3 Entertainment company Orange Comet acquires Mint State Labs
USA-based leading web3 entertainment company Orange Comet acquires Mint State Labs. The company announced the acquisition on December 22, 2022. However, it did not disclose the amount of the transaction. Founded in 2021, Mint State Labs is an entertainment and gaming technology provider enabling creators to easily build, distribute and market blockchain-powered experiences. Purpose of acquisition by Orange Comet With the recent...
USA-based Ingenovis Health acquires Springboard Healthcare
Ohio, USA-based leading technology-enabled healthcare talent provider Ingenovis Health acquired Springboard Healthcare. The company announced the acquisition on December 22, 2022. However, it did not disclose the financial transactions pertaining to the purchase. Purpose of acquisition by Ingenovis Health The acquisition of Springboard aligns with the long-term strategy of Ingenovis Health to further scale and grow through both strategic acquisitions and...
Healthtech startup Aiosyn raises EUR 2 million in recent funding
Netherlands-based company developing a diagnostics platform via leveraging AI to support pathologists with accurate and efficient clinical diagnostics, Aiosyn raised EUR 2 million in recent funding. The company announced the fundraise on December 22, 2022. Utrecht-based Health Innovations led the financing for the firm. Meanwhile, East Netherlands Development Agency Oost NL and Eindhoven-based VC firm LUMO Labs joined in...
Italian startup Fiscozen raises EUR 8 million in Series A
Milan, Italy-based provider of an accounting software platform for freelancers, Fiscozen, raised EUR 8 million in recent funding. The Series A round took place on December 21, 2022. Keen Venture Partners led the financing for the firm. Meanwhile, existing investor United Ventures joined in the funding. Purpose of financing for Fiscozen With the latest financing from Series A, the company intends...
Illinois-based health planning startup Carallel raises USD 8.2 million in Series A funding
Carallel, a provider of human-centered guidance and digital tools for family caregivers, has raised USD 8.2 million in Series A funding. The round was led by FCA Venture Partners, with participation from over 450 Ventures, Gratitude Railroad, Loud Capital, Create Health Ventures and Wanxiang Healthcare Investments. Carallel already serves over 400,000 Medicare Advantage and commercially insured members and caregivers across...
Cambridge-based biotech startup Parallel Bio raises USD 4.3 million in seed funding
CAMBRIDGE, Massachusetts— to harness the human body's power to cure disease, Parallel Bio announced USD 4.3 million in seed funding. The investment capital has allowed it to demonstrate the viability of its immune-system-in-a-dish platform and accelerate drug discovery and development. Refactor Capital led the seed round, with participation from Breakout Ventures, SVP of Google AI, Jeff Dean, Y Combinator,...
USA-based Nectar raises USD 16.5 million in Series A
New York, USA-based innovative and comprehensive allergy care platform, Nectar raised USD 16.5 million in Series A funding. The round took place on December 20, 2022. Harmony Partners led the financing for the firm. Meanwhile, founding partners Juxtapose and Obvious Ventures joined in the funding. So far, the company's total funding is more than USD 24 million. Purpose of financing for...
USA-based Foundation Devices closes USD 7 million seed funding
Boston, USA-based computing company that develops Bitcoin-centric tools, Foundation Devices, closed its seed funding at USD 7 million. The company announced the closure on December 19, 2022. Polychain Capital led the financing for the firm. Meanwhile, Greenfield Capital, Lightning Ventures, Third Prime, Warburg Serres, Unpopular Ventures, and Bolt joined in the funding. Purpose of financing for Foundation Devices With the latest...
