Victorian solar generation and thermal storage company RayGen has kicked off a Series D raise with $20 million from Breakthrough Victoria alongside a US$20 million (A$31m) follow-on investment from NYSE-listed SLB, as part of plans to expand offshore. RayGen uses proprietary photovoltaic solar modules that generate nearly 2,000 times more power than traditional photovoltaic systems… Read more »
Thinking of starting a small business? Exciting isn’t it? That was me nine years ago. I had an idea for a Registered Nurse led professional ear wax removal business using safe and gentle microsuction. In these nine years we have grown from one clinic opening four hours a week, to a nationwide business clearing the… Read more »
Melbourne startup WorkRex has raised $220,000 from early stage VC Skalata for its all-in-one customer marketing platform for small business. Cofounders Jing Chen, Lance Qian, and Myron Liu – an optometrist, ex-McKinsey consultant, and software engineer respectively – developed the platform after a deep dive into how small-to-medium-sized are struggling to keep up with growing… Read more »
‘Have I gone too far?’ How founders can beat their startup demons 
Tassie carbon accounting startup banks $5.3 million Seed round 
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
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Business strategy
Thinking of starting a small business? Exciting isn’t it? That was me nine years ago. I had an idea for a Registered Nurse led professional ear wax removal business using safe and gentle microsuction. In these nine years we have grown from one clinic opening four hours a week, to a nationwide business clearing the… Read more »
Funding
Logistics scheduling software startup Veyor Digital has raised $2.75 million in a pre-Series A with its eyes on US market expansion. The round was led by Sydney VC Investible via its Early Stage Fund 2 alongside members of its Club Investible syndicate and other angel investors, as well as Aconex cofounders Leigh Jasper and Rob… Read more »
AI/Machine Learning
China’s Qitian Dasheng Network Technology is expanding its 72 Byte AI System for smart hotels and commercial buildings into Australia, with the help of a local AI expert. Launched in 2014 by entrepreneur Qi Wu (Allen), the Beijing and Shanghai-based company’s AI-powered IoT services are used by some of China’s leading hotel and real estate… Read more »
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