Melbourne-based virtual events platform Delegate Connect and New Zealand-headquartered medtech startup HearthLab have secured seed funding recently.
Delegate Connect raises $7.3m in seed funding
The funding round was also backed by Skip Capital, TEN13, and Australian startup founders Alex Zaccaria (LinkTree) and Andrew Barnes (Go1).
The startup said it will use the funds to further fuel international growth and expand the team globally. This will include increasing its existing headcount from 45 in their Melbourne, London, and Norway offices to over 100 by recruiting an additional 65 roles by December 2021.
Delegate Connect said its end-to-end event platform has had rapid uptake during the COVID-19 pandemic.
“As the world opens up, the team is seeing increased demand for comprehensive hybrid technology platform, which seamlessly connects in person and online delegates, and takes the stress away from the event organiser,” the startup said.
Delegate Connect said this trend signals a longer-term shift to virtual and hybrid events where location, audience, venue, and time zone barriers don’t exist.
NZ-based medtech startup HeartLab bags $2.5m funding
Medtech startup HeartLab announced raising NZ$3.5 million ($2.5 million) in its seed funding round led by Silicon Valley’s Founder Fund and backed Icehouse Ventures, Outset Ventures, and Figma CEO Dylan Field.
HeartLab, which operates an AI-powered heart scanning and reporting platform, said the fresh capital will be used to hire more tech talent and ramp up sales in the US, where the AI-powered tools market is valued at about $1.5 billion.
The company said it will hire 10 new staff within the next six months. They will join its 13-strong team based in central Auckland.
HeartLab is already fielding interest from several US clinics and anticipates regulatory approval from the country’s Food and Drug Administration to be granted for its platform, called Pulse, in the first quarter of next year.