29NOV2021-MON

$313m for Moore Threads, Afterpay backed Touch Ventures leads $5.5m and Montu breaks crowdfunding records in $3.5m raise

Monday 29th November 2021

New Long-Range Wi-Fi HaLow Chip Launches – Aussie Semiconductor startup Morse Micro starts shipping chips and expands globally

Morse Micro founder Michael De Nil talks to Dynamic Business in an exclusive interview from their new office in Bangalore

Funding roundup November 22 – November 26

  • Chinese semiconductor startup Moore Threads raises $313 million in Series A

  • Crypto infrastructure company MoonPay Raises $555m at $3.4b valuation

  • Till Payments upsizes recent funding round

  • WLTH seeks to settle $1.2b in loans with a $15m fundraise

  • Digital healthcare startup secures $4 million investment from nib

  • Preezie raises $5.5 million led by Afterpay backed  Touch Ventures

  • Montu breaks more crowdfunding records in $3.5 million raise

Gender equality goes beyond engaging with women: The Collective Dream Study

A study finds that nearly half (48%) of male white-collar workers in senior and middle management are tired of the concept of gender equality, and more than half believe that reverse discrimination occurs. The study by The Dream Collective, is a quantitative survey of 1,000 Australian males in white-collar jobs, seeks to capture attitudes, behaviours, and feedback about gender equality and diversity, equity and inclusion (DE&I) initiatives.

XERO Small Business Index shows SMEs find their feet

Data released today by Xero produced as part of its Small Business Index shows that small businesses began to recover in October. The  Index rose five points to 94, reaching its highest point in three months. The change is primarily attributed to the easing of lockdown restrictions in NSW, the ACT and Victoria during the month.

New reforms to Employee Share Scheme may aid the Aussie startup ecosystem

Employee share scheme (ESS) legislation is set to be reformed in parliament, making it easier for employees who have issued shares to leave their jobs without facing a huge tax burden and allowing startups and small businesses to provide equity to employees. 

Shipping delays and supply chain issues are here to stay: Tips for retailers struggling during the crucial holiday season

Australian courier service provider, Sendle, has warned that Australian Black Friday and Cyber Monday parcel volumes are likely to increase by 94 per cent as customers heed warnings and start their Christmas shopping early.  Sendle is an Australian courier services provider that focuses primarily on small to medium-sized businesses and online retailers. Earlier, Australia Post warned that parcel demand had skyrocketed, with December numbers on track to surpass last year’s record of 52 million shipments.

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