Startups deploying ads at scale, increasing energy efficiency in heavy industries, and building AI-powered training platforms have all secured new capital this week.
Keep on reading to learn more about Cuttable, Syncrowin, and SupaHuman.
Cuttable: $20 million
Cuttable, the rising startup from A Cloud Guru co-founder Sam Kroonenburg, has raised $20 million in Series A funding on the promise of automated ad production — without the AI slop.
Airtree Ventures led the raise, with Square Peg, the driving force of Cuttable’s seed round, returning for the Series A. Existing investors Rampersand and Glitch Capital also contributed.
Speaking to SmartCompany from San Francisco, Kroonenburg said the raise has given Melbourne-founded Cuttable a valuation north of $142 million ($US100 million).
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Founded in 2024 by Kroonenburg, Jack White and Ed Ring, Cuttable allows brands to draft and generate new social media ads at scale.
Those ads are trained on existing creative assets, like product shots and videos, to maintain a brand’s aesthetics and tone of voice.
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Syncrowin: $3 million
A Melbourne startup using AI to optimise systems for energy and manufacturing has raised $3 million in a pre-seed round.
The round for Syncrowin was led by New York’s Collide Capital, with participation from Hustle Fund, POV Ventures, Australia’s Co-Ventures and Ventari, alongside angel investors.
The funding will go towards the development and deployment of its AI-based operating system and increased headcount in the AI and engineering teams in Australia and San Francisco.
The platform is designed to help heavy industry sectors such as electricity, oil, gas and manufacturing improve productivity, efficiency and reliability.
Cofounder and CEO Aisshwarya Kansakaar said the opportunity was to improve infrastructure already in use.
“The world is spending trillions planning new industrial capacity, but a significant portion of what we need already exists, it’s just not running intelligently,” she said.
SupaHuman: $2.1 million
AI startup SupaHuman has raised a $2.1 million (NZ$ 2.6 million) Series A round to expand in Australia and strengthen its business in Aotearoa.
The round was led by veteran Wellington VC Movac, with Ecliptic VC, K1W1, Snowball and Serge van Dam also participating. Movac’s David Beard will join the board.
Founded by CEO Dave Howden, Blair Woods and Zane Hemmingsen-Jensen, the company has offices in Auckland and Melbourne.
SupaHuman develops AI software for vocational education and workplace training, automating parts of the design, validation and delivery of training. Its customers include registered training organisations, TAFEs, private training establishments, industry training organisations and skills bodies.