News & Analysis
Sydney-based startup OneFitStop has announced that it has secured seed funding for the finalisation of its technology and initial rollout in the Australian fitness industry. The angel investor that contributed to the seed round is seasoned entrepreneur Lewis Bloch. However, OneFitStop remains tight-lipped about the amount raised.
Pozible, a global crowdfunding platform based out of Melbourne, announced this morning that it had formed a partnership with IDG Capital Partners and the Shanghai-Nanxiang Government.
After graduating from the University of New South Wales, Kearney decided to do something about this ‘expensive gown situation’. He roped in his friend from uni to create GownTown, a startup that sells graduation sets for $99.
Choosing to align himself with a firm such as Battery Ventures, widely considered a top ten US Venture Capital firm, is an extremely well thought out strategic decision on behalf of Nitro founder, Sam Chandler.
A new startup-focused media company has entered into the fray, with the launch of This Week In Startups Australia (TWISTA). The podcast will follow a similar format to its US counterpart This Week in Startups (TWIST) founded by entrepreneur and investor Jason Calacanis.
The latest startup to join the billion dollar club (which feels like is something happening every other month these days) is Slack, the enterprise focused collaboration platform founded by entrepreneur Stewart Butterfield.
Like many tech startups are leading with a ‘mobile first’ play in a lot of industries, there is a growing community of content creators that are leading with their own ‘online first’ focus – and this in-and-of itself is partly what is beginning to create such a strong online streaming and on demand content culture across the globe.
Social content marketing technology startup Stackla has today announced the close of its first capital raise totalling $2 million.
Rob Rhinehart, Silicon Valley-based software engineer and creator of the supposedly nutritious, taste-deprived goop Soylent, sacrificed his health in pursuit of something quite ambitious – saving the universe from drying out.
Sydney-based startup Divvy Parking has kickstarted its national expansion plans today by launching in Melbourne.
Yesterday, Catcha Group announced the launch of Catcha Ventures, its investment arm which will focus on funding high growth new media, technology and mobile companies in the South East Asian region. In a media release, the company stated it would invest between USD$50 to $100 million in chosen companies over the next three to five year period.
Kardashian was interviewed by journalist Kara Swisher onstage this week at Re/Code’s annual tech conference on the topics of social media, mobile gaming and the polarising nature of her particular brand of fame.
Home intelligence startup Ninja Blocks has today announced a USD$700,000 capital raise. The news follows a successful Kickstarter crowdfunding campaign completed in January through which the startup raised a little over $700,000, more than six times its pledged amount. Investors in the latest fund round are both local and international, and include SingTel Innov8, Blackbird Ventures and 500 Startups.
Posse and Beat the Q have today announced a merger that will assist in companies’ growth trajectory. Together, the startups want to create the “Uber or Airbnb of shopping”. Posse and Beat the Q both have strong traction; collectively, they will have 500,000 users, 56,000 shop relationships and handle over 400,000 transactions per month.
Glamsquad is part of the growing trend of startups that operate in the ‘connection economy’. Other startups that fall into this category include Uber, goCatch, Airtasker, Sidekicker, Road Angels and SuitBids, to name just a few.