News & Analysis
It was announced yesterday that Uber, the platform that allows users to connect with drivers closed a further $1.2 billion in funding. This funding in particular, according to a statement put out by Uber’s founder, Travis Kalanick will be used to fund growth within the Asia Pacific region.
For the past eight years, Perth-based entrepreneur Saran Bajaj has been running the Origin New Years Eve Festival, an urban and underground club music event with a solid following. This year though, it seems Bajaj may end up losing what he claims is at least $2 million due to Perth City Council not giving the event the green light to go ahead at the proposed location at Wellington Square in East Perth.
If MYOB has the reputation of being the ‘preferred accounting software for small business’ then Xero is certainly fast becoming the ‘technology partner of choice’ for startups when it comes to managing their numbers.
Gary Ng, Founder of multimillion-dollar business E-Web Marketing, approached Startup Daily to present his side of the story regarding a reality TV show he participated in, which was later accused of destroying a local small business. The other side of the story is completely different and begs the question ‘how far are people willing to go to stretch the truth?’
Yesterday, Australia’s most well-known Digital Currency startup CoinJar, announced it has relocated it’s headquarters to the United Kingdom as part of its growth strategy, that will allow bitcoin holders more flexibility when it comes to buying, selling and using the digital currency.
The latest to enter the local P2P lending space is ThinCats Australia, an online lending platform that allows wholesale investors to lend up to $2 million directly to SME borrowers.
The latest startup in Australia to enter this space is Nabo, founded by Adam Rigby, who also co-founded JumpOnIt and was the former CEO of LivingSocial. Launched yesterday, the startup carries $2.25 million in funding in its pocket, with investors including Reinventure Group and Seven West Media.
Two Sydney brothers Alex and Rich Brophy decided it was time to put a charitable spin on the good old fashioned workplace Secret Santa.
A new Melbourne startup Kini Swimwear claims to be on a mission “to change the way women see their bodies in swimwear, one bikini at a time”. How? By allowing women to design their own swimwear “to perfectly match their body shape” via Kini Swimwear’s online store.
After a serendipitous meeting at the Vivid Festival in Sydney, Adelaide-based 3D software and printing startup, Makers Empire, and US-based robotic toy company, Sphero, recognised a unique opportunity to collaborate on a new project that would allow kids to exercise their inherent creativity and design accessories to go with their phone-controlled cylindrical toy robot, Ollie.
Given the fact that whatever #get808 is, it is using some of the biggest technology companies (unsuccessfully) to get its message out, I decided to do a little bit of digging.
When it comes to Melbourne based startups, you cannot argue with the fact that in 2014, they dominated the screen. Fun Project’s Startup Nation is one of many tech startup-focused ‘broadcast style’ ventures to be launched into the Australian media landscape.
Why the hell did China host the World Internet Conference, when the country blocks – I don’t know, most of the core ‘western’ sites that have become the pillars of the internet?
The app Yik Yak has been labelled ‘controversial’ by many, a lot of people were surprised when it raised two earlier rounds this year totalling to US$11.2 million. Today, announced less than ten hours ago, the app has added a further US$62 million to that injection via another round of funding led by Sequoia Capital.
Australian ecommerce software startup Bigcommerce has announced today that is has closed a $50 million Series D funding round led by Softbank Capital – taking total capital raised to $125 million.