Asia Digest: Australia’s Pathzero raises $5.3m; New Zealand’s Partly bags $21m

Pathzero, an Australia-based environmental consulting startup, secured $5.3 million in its Series A+ funding round, while New Zealand-based software startup Partly raised $21 million in a Series A round.

Carthona Capital leads Pathzero

Pathzero, an Australia-based environmental consulting startup, secured $5.3 million in its Series A+ funding round bringing total Series A funding to $10.5 million, according to its LinkedIn post.

Australian venture capital firm Carthona Capital led the funding. While Clyde Bank Holdings Pty Ltd, Antler, and individual investors participated in the round.

Founded in 2020 by Carl Prins and Charbel Ayoub, Pathzero helps companies leverage technology to accelerate  progress towards decarbonisation and share emissions profile with investors and the market.

Octopus Ventures backs Partly

New Zealand-based auto part data infrastructure startup Partly raised $21 million in a Series A round, according to Startup Daily.

European venture capital firm Octopus Ventures led the funding round, while Square Peg, Shasta Ventures, Ten13, Square Co-Founder Randy Redigg, Hillfarrance, Icehouse, and I2BF also participated.

Founded in 2020 by ex-Rocket Lab engineers, Partly is building the first global platform for replacement parts, starting with auto parts.

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