Nexpaq, the Hong Kong-based startup behind the popular modular smartphone case, has announced that it will be holding a three-day hackathon in Melbourne later this month.
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UK based startup truRating, whose technology makes it easier for customers to give small business operators feedback, announced its official plans to launch into the Australian market today. The startup offers a point-of-payment rating system, which has experienced significant growth since launching into the UK market in February this year.
Ten months after merging, Australian startups Beat the Q and Posse have announced the closure of an oversubscribed Series A $5 million funding round led by Westpac’s $50 million venture fund Reinventure and 12-year-old venture capital firm Exto Partners. The new investment will be used to fund product development – specifically, to improve the payment process for customers when dining out or buying coffee and to introduce new features – as well as marketing and scaling merchant acquisition.
“The anthropologist Marcel Mauss once said that the difference between magic and religion is that people actually believe in magic. But wearing a FitBit, it is easy to imagine what it feels like to believe in God. Clipped on my bra strap or tucked into a pocket, my FitBit watches over me. It converts even the most pointless errand into a pilgrimage. The final destination is more steps,” writes Moira Weigel. [Source: The New Inquiry]
It’s almost impossible to go a day in Sydney without having at least one conversation about property prices. The city is consumed with property prices, with news of record sales figures on our screens and in the newspapers almost every night. But even though we’re all talking about it, most of us can’t actually afford property – just 23.7 percent of Sydneysiders aged 20-34 are expected to own their own homes in 2019, and the same is expected to happen in other cities around the country.
While crimefighters in popular culture have a vast array of high tech tools available to them as they go about their business, their real life counterparts are often working with tools and methods created decades ago. South Australian startup myEvidence aims to update these processes to improve the effectiveness of our law enforcement agencies.
Ask the Australian Government about our nation’s healthcare system and it will tell you that it is broken. From WellOne’s healthcare membership system to health job search platform HealthcareLink, the number of Australian startups that have emerged in the sector over the last few years confirms that there are quite a few problems to be solved.
Data from the Global Entrepreneurship Monitor shows us that when we compare Australian entrepreneurs with US-based United States, our American neighbours are outperforming us – especially those within the 18-to-24-year-old age group.
Zhou Qunfei is the world’s richest self-made woman. Ms. Zhou, the founder of Lens Technology, owns a $27 million estate in Hong Kong. She jets off to Silicon Valley and Seoul, South Korea, to court executives at Apple and Samsung, her two biggest customers. She has played host to President Xi Jinping of China, when he visited her company’s headquarters. [New York Times]