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Funding highlights: February 2 to February 8


Here’s a recap of recent funding developments from Australia, India, the US and beyond.

Broad Radio Teams Up with Birchal for Crowdfunding Drive

Australia’s pioneering radio network dedicated to women, Broad Radio, is embarking on a crowdfunding journey in partnership with Birchal. The campaign aims to fuel the growth of its platform, amplifying the voices of women with authenticity and entertainment at the forefront. The Expressions of Interest (EOI) phase kicks off on January 30, followed by a two-week offering starting February 20 exclusively for EOI registrants. The campaign then opens to the public on February 22.

The funds garnered through this initiative will fuel several key initiatives including the launch of the Broad Radio app, expansion of programming and distribution channels, and forging strategic partnerships.

Record VC Funding for Global Spacetech Startups in 2023

Venture capital investment in spacetech startups surged to a staggering $4.6 billion in 2023, according to Space Capital’s managing partner, Chad Anderson. Anderson foresees a proliferation of spacetech applications, especially as satellite-driven data services mature. He highlights promising areas such as geospatial satellite intelligence, climate change modeling, insurance applications, and agricultural management tools.

Third Hemisphere Secures Funding for APAC Expansion

Third Hemisphere, a specialized PR and marketing agency focused on climate, technology, and finance, has successfully secured funding to fuel its expansion into the Asia-Pacific region. The funding round, spearheaded by M&C Partners and Stockhead co-founder Jonathan Younger, along with other notable figures in the global PR industry, positions the agency for rapid growth in the APAC market.

CarbonHQ Raises $600,000 in Pre-Seed Round Led by Galileo Ventures and Investible

CarbonHQ, a startup dedicated to enhancing transparency and accountability in carbon credit markets, has secured $600,000 in pre-seed funding. The round was backed by prominent early-stage VC firms Galileo Ventures and Investible. CarbonHQ aims to revolutionize the voluntary carbon market by developing a digital platform that streamlines data processing, automates issuance workflows, and establishes a direct link between carbon credits and their underlying data.

Dotz Nano Secures Up to A$12 Million 

Dotz Nano Limited has announced a strategic funding agreement with Mercer Street Global Opportunity Fund, LLC (Mercer), a leading US-based investment fund. The agreement involves the issuance of convertible notes, with a potential fundraising of up to A$12 million. These funds will be instrumental in accelerating the development and commercialization of DOTZearth, Dotz Nano’s groundbreaking carbon capture technology.

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