Seven ANZ startups that raised $27.4 million this week
Xefco, Hometime, Matrak and Enviz are among the Australian startups that raised millions in funding this week.
Source: smartcompany.com.au
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Xefco, Hometime, Matrak and Enviz are among the Australian startups that raised millions in funding this week.
The proceeds are earmarked for Kashcade’s push into research and development lending, which allows start-ups to borrow funds against future R&D Tax Incentive refunds.
In this week's startup funding roundup: Refillable drink dispensers, cannabis, psychedelics, no-code SaaS solutions and more.
Kashcade’s typical start-up loan is about $250,000 and done at a 15 per cent flat fee, which after accounting for the loan period comes to circa 20 per cent interest rate.