July 24-July 29 Funding Roundup: Great Wrap, Fitstop, Servicely and More

– presents the main startup fundraisers this week:

Super Wrap (Series A Funding)

How much: $24 million

Speakers: The $11 million round involved Darren Thomas, W23, Grill’d Innovation Fund, Giant Leap, Small Giants, Thai Wah Ventures, GroundSwell, Trail Mix Ventures and Springbank Collective, along with a range of other investors of impact from Australia, the United States and Singapore. .

The investment was amplified by $13 million of non-dilutive capital from DLL Group, the asset finance arm of Rabobank.

Great Wrap is on a mission to eliminate the 150,000 tonnes of plastic stretch wrap sent to landfill in Australia every year. Great Wrap has just received its B Corp certification and has been recognized in the AFR Sustainability Leaders list as a Category Innovator.


How much: $3.3 million

Speakers: Elevator brands

The local athlete-inspired fitness franchise has continued to attract top athletes as owners and has inspired more than 17,000 members, built from the creation of a dedicated fitness community in search of performance-based training. Fitstop has partnered with Vytality Group, which will see 80 locations open in the Sydney market over the next five years.


How much: $1.2 million

Speakers: Investors include a combination of high net worth individuals and a family office.

At the heart of the Servicely low-code service management platform is a proprietary AI engine that observes and learns how work is done by staff so it can augment and automate work as the system gets smarter .

KOBA partners with Birchal

KOBA announced the opening of a crowdfunding round in partnership with Birchal

KOBA has launched its KM-connected car insurance product across Australia and is growing its customer base by 70% month-on-month, with drivers paying from 3¢ per KM driven. To date, KOBA has successfully raised $1.75 million from Birchal, angel investors and insurance-specific funds including Hunter Equity Group and Insurtech Gateway.

To find out more about KOBA and join the caps table, visit Birchal or pre-register at www.kobaInsurance.com.au


How much: $10.15 million

Speakers: The raise was led by Airtree Ventures, backed by Skip Capital, the VC of Kim Jackson’s family and her husband, Atlassian co-founder Scott Farquhar.

Human believes people need an easier way to access medical information and research, and the real-time health data that could help is currently being lost.

Local discussions (pre-boot round)

How much: $500,000

Speakers: The round was led by Dr Qin Ding, co-founder of EMQ, a cloud data warehousing platform, with support from angel investors Alex Yin, founder of fashion brand UOOYAA, and Eric Liam .

Local Threads is Australia’s largest ethical fashion marketplace for top independent brands.

Findex raises capital for Botanical Water Technologies (BWT)

How much: 15 million

Findex is a private provider of integrated financial advisory and accounting services in Australia and New Zealand

UK-based BWT pioneered the process of harvesting water naturally stored in plants, creating the world’s first plant-based water. In partnership with Fujitsu, they are building the Botanical Water Exchange (BWX), a blockchain-based water trading platform that provides full transparency across the entire supply chain and efficiently connects producers and consumers .

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