Hospitality ordering app Mr Yum has been named startup of the year in the annual Governor of Victoria Startup Awards. The fintech, currently in talks with rival Me&u over a possible merger, was recognised for its role in helping the state’s restaurant sector continuing to operate during pandemic restrictions and now helping the hospitality sector… Read more »
Australia’s tech sector grew by 8% over the past year and despite a wave of high profile redundancies, added more than 10,000 jobs in the first quarter of 2023. The nation’s tech workforce increased by 70,000 jobs to 935,000 by February 2023, according to new research from the Tech Council of Australia (TCA). That growth… Read more »
The “global first” of $5 a litre “raw” milk has not been the innovation goldmine the founders of diary tech startup Made by Cow had hoped, with the business placed in voluntary administration last week and closing its doors. The Sydney startup developed a patented method to treat milk so it was safe to drink… Read more »
Antler Investor Memo Series: Kidly is taking the pressure off parents to make sure their children have fun
Curdled dreams: ‘raw’ milk startup Made By Cow ceases production as it’s handed to administrators
Female-founded edtech Cleverbean raises $200,000 to reduce teach burnout
The Chainsmokers, Paris Hilton pile into $23 million Series A for expat Australian online shopping startup
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Business strategy
Plenty of entrepreneurs have grand plans for the launch of their business, but too few think about an exit strategy before they begin. This is a fatal mistake. With 90% of startups doomed to failure, founders can’t afford to overlook this most important element to their business’ long-term viability. An exit strategy will not only… Read more »
Funding
A Brisbane startup that has developed waterproof coatings for packaging than ensures it’s still recyclable has raised $1.85 million in a pre-Seed round. and strength without compromising the ability to be recycled or composted. It’s a potential replacement for the current solution of wax or plastic-coated packaging. The Paperbarc is suited to bulk and secondary… Read more »
Antler Australia
Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
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