Four Australian startups that raised $31.9 million this week
Four Australian startups secured a total of $31.9 million in funding this week, spanning sectors like clean energy, legal tech, health, and construction.Summary
This week saw four Australian startups collectively raise $31.9 million in funding. MGA Thermal, a clean energy company, led the round with $17 million to scale its thermal energy storage technology for heavy industry. Sydney-based legal tech startup Mary Technology secured $7 million to expand into the US and enhance its litigation data platform. Longevity platform TMRW also raised $7 million in seed funding to expand its clinical reach and preventative health platform, partnering with TruDiagnostic for epigenetic testing. Finally, construction tech startup Scopey Onsite received $851,000 to accelerate the development of its AI-powered platform for managing project data on building sites, utilizing AI to convert site communications into structured records.
(Source：Smartcompany)