Six Australian startups that secured $94 million in capital this week
Summary
It was joined by existing investors such as Macquarie Capital, Trawalla Group and F J Labs.Founded in 2016, the company acts as a platform between wholesale suppliers and food establishments. According to the company, the fresh cash injection will be used to help grow headcount, particularly in the product, marketing and sales teams.Professional coaching startup, F4S, has just announced a $5 million raise led by Investible, with participation from Five V Capital and Salesforce Ventures. This brings its total funding to date to $9 million.The capital will be used to accelerate the product development of its Generative AI Coach Marlee. The company says its Australias first microbiome haircare brand that addresses concerns like dandruff, product build-up and even hair loss with its probiotic product.The company will use the investment to expand into the US, UK, Europe and China.Medtech startup Lenexa Medical has received $1 million in Pre-Series A funding led by Stoic VC.The company offers a proprietary patient monitoring system, LenexaCARE, that is focused on combating pressure injuries that occur in medical facilities.According to Lenexa, there are 300,000 pressure injuries throughout Australia every year. In addition to being potentially life-threatening, Lenexa says it costs the healthcare system billions of dollars.LenexaCARE includes a smart sheet attached to a mattress that then monitors and communicates patient information to clinicians and carers.The funding round will go towards production and product rollout to hospitals and aged care facilities.
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