About Gina Baldassarre
Posts by Gina Baldassarre:
In today’s funding and acquisitions round up, the last of 2015, Buffer has acquired Respondly, Yahoo Japan has launched a bid to buy travel website Ikyu for $828 million, Digital Guardian has raised $66 million, and Indian home services startup Housejoy has raised $23 million in a round led by Amazon. Closer to home, VentureCrowd closed a $2 million round, while ERM Power acquired sustainability monitoring software provider Greensense.
Fusion Labs, an organisation helping corporates learn how to innovate, has launched the Startup Friendly Awards, designed to recognise large businesses that work with entrepreneurs to innovate and foster the development of the wider entrepreneurial community. The awards will aim to promote and accelerate partnerships between the corporate and startup ecosystems, and recognise those who “exhibit excellence in proactive, respectful, and responsible collaboration” with startups.
Brisbane will soon be home to a new $5 million innovation hub known as ‘The Capital’, located in the heart of the city’s CBD in order to inspire “creative collisions” with industry and government. Lord Mayor Graham Quirk announced that the hub, the need for which was outlined as an economic priority in the Brisbane 2022 New World City Action Plan in May, would “kick-start a ‘Clever Business District’ for Brisbane by immersing startups into the city’s corporate business precinct.”
After much to-ing and fro-ing over the past few months, the NSW Government has ruled that as of tonight, UberX will be legal in the state. The decision comes along with the introduction of new reforms aimed at creating a “modern point to point transport industry”, with the appointment of a new transport commissioner to come. As expected, the taxi industry will be compensated, with the state’s 5,800 perpetual taxi plate holders to receive $20,000 per plate for a maximum of two plates or $40,000.
Secret Santa or Kris Kringle is a time-honoured tradition among friend groups, offices, and schools. Of course, like almost everything else, it’s gone online. Communities on different platforms have organised Secret Santa swaps big and small for years, but perhaps one of the biggest is now run by New Zealand Post through Twitter, with the organisation racking up the PR points by organising present swaps for more than 2000 local Twitter users.
While news stories often focus on the lack of attention given to students with learning difficulties, a Victorian Government inquiry into the education of gifted and talented students in Victorian schools found that up to 85,000 students are neglected by an education system that does not have the time or resources to adequately focus on them. The inquiry found that, as a result, gifted students, who “represent our state’s future visionaries and innovators” are “frequently frustrated and disengaged”.
The Government’s Innovation Statement overlooks corporate Australia and in turn will not address the key systematic deficiencies facing the Australian economy, according to a new report from strategy consultancy Crazy Might Work.
People have always loved sharing and talking about experiences with others, whether it be taking a friend about a cool little café or giving a colleague a list of things they can’t miss when they go on holidays to a favourite spot you visited years before. We love to share, and technology is coming up with cool ways to help us do it in ways tailored to particular interests. German-Australian platform Trailburning, is one such piece of technology. It’s aimed at inspiring people to discover, explore, and share location experiences based around running and hiking trails.
Equity crowdfunding platform VentureCrowd has today announced that it has raised $2 million in an oversubscribed funding round, and partnered with Melbourne-based Kentgrove Capital to give Australian investors the opportunity to invest in Israeli startups.
Maybe the one thing Australians can agree on is that we love our sport, but it turns out we’re not just watching the traditional sports like cricket and football – Australians are more into eSports, or electronic sports, than ever before. More importantly, Australians are talking about eSports more than ever before and, with eSports becoming mainstream, companies are popping up looking to cater to these fans.
Brisbane startup meVu is one such company, creating a platform that facilitates gambling on eSports.
The five startups taking part in the inaugural muru-D accelerator at Brisbane’s River City Labs got an early Christmas present at last week’s Demo Day, with River City Labs announcing that the teams will be eligible for a three month extension program and a further $20,000 in funding.
A slightly more serious inconvenience a number of Australian startups have emerged looking to tackle this year is that of the time we waste in the doctor’s waiting room. We’ve all been there: sick with a cold, knowing that there’s nothing much the doctor can do for us, but having to wait for two hours anyway just to get a medical certificate to hand in to the boss the next day. As much as we hate it as patients, doctors do too.
It’s been a very busy week for Australian startups – Shoes of Prey raised a US$15.5 million Series B round, Booodl raised $2.85 million, Sherpa raised $1.2 million, PlanDo raised $916,000, InHouse Group raised $900,000, and Recomazing raised $660,000. Elsewhere, IBM acquired cloud-based video service provider Clearleap, while Airbnb confirmed its $1.5 billion raise.
Social enterprise entrepreneur and investor Geoff Gourley has today launched One10, a Melbourne accelerator and incubator dedicated to social enterprise startups, with the launch of coworking spaces around the country dedicated to the sector to follow.
Earlier this week, Prime Minister Malcolm Turnbull told Australia it was time to forget the mining boom and look to technology and innovation as the fuel for the next big thing: the ideas boom. With excellent timing, StartupWA has today released a preliminary report examining the state’s startup ecosystem, looking at the benefits for the Western Australian economy of developing its tech and digital innovation sector, and how these can be achieved.