Melbourne-based diversity data analytics platform raises $6 million

In response to "unprecedented demand" for its proprietary algorithm to track cultural diversity and sentiment within organisations, Melbourne-based Diversity Atlas has raised $6 million in a bridging round from Canada's Gener8.VC. Diversity Atlas was spun out of not-for-profit Cultural Infusion, which was founded by...

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Tasmanian sustainability accounting startup Sumday raises $5.3m

"The future of accounting includes carbon" is the message of Tasmanian startup Sumday, which has developed software for this purpose and today announced a $5.3 million seed round including new backer US-based Planeteer Capital and returning investors Blackbird Ventures, Wedgetail, and Canva co-founder Cameron Adams. Founded in th...

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Macquarie Technology to acquire two Sydney data centres for $174 million

Macquarie Technology Group (ASX: MAQ) has announced a $100 million underwritten capital raise to help fund the acquisition of two data centres within its Macquarie Park Data Centre Campus in Sydney from Singapore-listed Keppel DC REIT (SGX: AJBU). The news follows NEXTDC's (ASX: NXT) announcement yesterday of a successful $937 mil...

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MGA Thermal raises $5.7m despite minor setback for pilot energy storage program

Sydney-based clean energy company MGA Thermal has raised $5.7 million to scale and prove the industrial capabilities of its thermal energy storage system, despite a minor setback from its pilot program. The latest round, which is backed by existing investors Main Sequence and Melt Ventures while introducing clean-tech partnership JEKARA as a ne...

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Activated carbon startup Bygen secures $2.6m in Series A round to scale production

Melbourne-based Bygen, a startup that aims to turn agricultural waste into activated carbon, has raised $2.6 million in a Series A funding round that has attracted Breakthrough Victoria, Alberts Impact Ventures and Investible as new investors. Existing shareholders Artesian and Startmate have also participated in the round which will be used to...

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