FB10X announces Latest Investment in Female-Led Heatseeker

Recently, FB10X has made an announcement regarding its latest investment in Heatseeker. In addition, FB10X is an angel investor syndicate which was founded in the year 2022, catering in the Financial Services industry, working with an aim ‘more than equity’.

Founded in 2023, Heatseeker is a pioneering market experiment platform that caters in the Technology, Information and Internet industry. The platform has been designed for the fast-growing businesses.

This investment highlights the commitment of the company towards backing innovative startups while fostering a better and more equitable entrepreneurial landscape. Emerging as a significant force, FB10X has been an essential part of Australian startup ecosystem.

Kate O’Keeffe, the co-founder of Heatseeker said, “We’re lucky to have FB10X on our cap table. They have serious depth and talent in the Enterprise space where we need it. They’ve made great introductions, uplifted our narrative, and have bold ideas for the future of our product.”

SquareTrade Managing Director and FB10X member Anna Stockley Davidson stated, “Some of the most outstanding ventures we’ve encountered are spearheaded by women. It’s astonishing that less than 5% of Australia’s startup funding is directed toward female-led ventures. We are thrilled to back these extraordinary women and are actively looking for more.”