Looking at sportstech startups that have received funding since 2015 and where they have come from, NSW ranks highest for the most activity.
The Australian startup ecosystem want to be informed, educated, and inspired.
Auckland-based SaaS platform Thematic today announced it has raised US$1.22 million in seed funding to continue its international growth.
Of the 100 names on this year’s Young Rich List, published by the AFR, exactly half of them made their wealth in the finance and tech sectors.
Startups in the wide-ranging Australian healthtech sector have raised more than a combined $165 million in funding, while biotech sits at $87.8 million.
Between bone repair glue and gene splicing, there is a diverse range of startups working to improve our health or innovate the way the sector operates.
Despite the fact they predominantly serve customers across regional areas, agtech businesses are earning a name for themselves in the wider startup space.
AgTech has been flagged as having the potential to grow into a $100 billion industry by 2030, but current diversity stats in the sector must be addressed.
Leading investment totals for IoT agtechs is The Yield, which applies its flagship ‘Sensing+’ technology to detect the microclimate of an ecosystem
InsurTech has been pinned as a growing industry thanks to claim and drone startups, although it is faced with fundamental challenges, according to a report.
Sitting behind fintech startups, the expected champion in NSW amongst all the industry segments, are health and biotechs.
A notable trend in the Australian EduTech space right now is an acute awareness around the need to proactively support particular niche groups.
Education has always been a strong contributor to the bottom line of the Australian economy as well as one of this countries greatest exports.
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