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Uptick, Australia's fastest-growing field servicing solution for building compliance, receives massive investment from Accel-KKR


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MELBOURNE, Australia and MENLO PARK, Calif., July 27, 2021 /PRNewswire/  Uptick, Australia s fastest-growing provider of field-servicing software for building compliance, announced today that it had received a strategic growth investment from Accel-KKR, a leading global technology-focused investment firm. 
Uptick s platform is used to maintain over 25% of Australian commercial and multi-storey residential buildings, where its suite of products is utilized by field servicing companies performing critical asset maintenance. 
This is Uptick s fourth funding round early investors include Australia investment firms such as Folklore Ventures and Equity Venture Partners.
Aidan Lister, CEO and founder of Uptick, will continue on as a major shareholder and CEO leading the company to achieve Uptick s vision. Lister describes the vision as bringing service providers, auditors, building owners and facility managers onto a single ....

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CIA-backed Aussie start-up goes to seed funding


CIA-backed Aussie start-up goes to seed funding
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A Sydney-based computer-vision start-up backed by the CIA has closed a multimillion-dollar seed funding round and hired a CEO in Silicon Valley.
Visionary Machines, which says it has technology that uses arrays of cameras for 3D spatial sensing that is more accurate and robust than competing technology, raised $7.5 million in a seed funding round led by the local venture capital fund Folklore Ventures, with co-investment by Our Innovation Fund.
Amir Mashkoori, the new CEO of Visionary Machines, will stay in San Jose to help the company work with global automotive companies. 
Kim White ....

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Australian addiction support platform eyes US expansion after closing $1.9M seed round


(Credit: Arli)
Arli, an addiction support platform based in Sydney, has raised $1.9 million (AU$2.5 million) in seed funding; proceeds will be used for its expansion into the US early next year.
The seed round was led by Folklore Ventures and venture capitalists such as Antler, AirTree Ventures and Simon Griffiths of toilet paper maker Who Gives A Crap.
WHAT IT DOES
Arli, which has yet to publicly launch, offers free coaching and support to people who are experiencing any type of addiction at all stages of their recovery.
Having the option to stay anonymous, users can subscribe to a one-on-one coaching service or join a group of 25 peers who are facing similar challenges. The platform also offers resources such as in-depth audio lessons, expert advice, and recovery stories.  ....

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Ignition Lane's Weekly Wrap: How TikTok turns teens into millionaires, Airtree bears fruit, Coinbase's original pitch

Ignition Lane's Weekly Wrap: How TikTok turns teens into millionaires, Airtree bears fruit, Coinbase's original pitch
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