Sydney based startup Qwilr founded by Mark Tanner and Dylan Baskind announced last week that it has raised $500,000 in seed funding led by Sydney Seed Fund and Macdoch Ventures. That’s exciting as Qwilr is perhaps one of the more revolutionary Australian startups we have seen launch in the last few years.
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Though Australia’s wine regions are world renowned, the stereotype of a country full of beer drinkers persists – perhaps because wine is so famously difficult to understand and buy. As a result, startups like Adelaide’s Vinomofo and Sydney’s The Wine Gallery have emerged to help consumers better understand what it is they want from wine.
The Intuit Financial Fitness Startup Study surveyed 400 startups across Australia to find out how much they knew about managing their business finances. There were some pretty alarming insights amongst the data.
“Analytics is something that’s easy to put off. When you’re actively building a company and trying to figure out your value proposition, collecting and splicing data can seem non-critical or premature. But then, all of a sudden, you hit a point where things get complex, you need to understand your customers much better, and you have lots of unusable data because you captured it the wrong way – or didn’t capture it at all.” [Source: First Round]
Unfortunately, Daze of Disruption does not make a good case for itself. After the long series of keynotes and panels, it was hard to determine whether we were meant to feel threatened, encouraged, or any sense of urgency around this mystical “disruption”.
In some ways, the Acorns app is the smartphone equivalent of the piggy bank. But there’s an additional element. It allows people to round up their daily purchases and automatically invest their virtual spare change into a diversified portfolio of index funds.
The education space is a $35 billion industry and this number continues to increase as in particular the Asia Pacific region begins to embrace new technologies in the education space.
It’s Friday yet again, which means it’s time to take a look at this week’s mergers and acquisitions:
Based out of Auckland, New Zealand, HR startup Weirdly is tackling one of the biggest recruitment challenges that exists today: company culture fit.