There’s no denying that when it comes to startup funding rounds, the bigger the numbers, the more attention they get. But while we like to celebrate the multimillion-dollar Series A, B and C raises by some of Australia’s most innovative companies, here at SmartCompany we’re equally passionate about speaking to founders who are at the earlier stages of their startup journey. So as we reflect on the funding landscape over the first half of the 2024 calendar year, here’s a look at seven standout startups that have successfully raised early-stage funding this year.
We have a feeling this is only the start of things to come for these founders. Andromeda: $3 million Founder Grace Brown and the larger team of Andromeda Robotics with Abi. Source: Supplied Many robotics experts enter the field to solve cutting-edge problems.
Grace Brown, founder of Andromeda Robotics, is something of an exception. Her startup, and its humanoid robot, Abi , are working to solve the age-old problem of loneliness and companionship in the aged care sector. Andromeda Robotics’ units are infused with AI tech and custom ‘personalities’, allowing them to interact with residents for social and cognitive support.
The startup this month booked a $3 million seed round, led by Purpose Ventures, following $1 million in pre-seed funding from Galileo Ventures in late 2023. Bandicoot Imaging: $1 million L-R: David Monaghan (CEO), Matthew Arnison (CTO), David Karlov (chief engineer), Peter Fletcher (chief.
