New Zealand fermented proteins startup Jooules has raised NZ$1 million (A$920k) from local accelerator and investor Sprout Agritech. Jooules is among eight NZ$1m investments Sprout has made, with additional funding from partners US-based Finistere Ventures, dairy firm Fonterra and venture builder OurCrowd, as well as the Callaghan Innovation’s Deep Tech Incubator program. Other recent NZ$1m… Read more »
To ensure our long-term economic prosperity, Australia must continue to develop and establish sovereign capabilities in future critical industries. “This requires aligning the nation on a bold and visionary future through policy levers focussed on long-term, transformational opportunities while also galvanising short-term action to address our current circumstances”, commented Cicada Innovations CEO Sally-Ann Williams. Sally also… Read more »
Founder Institute ANZ, the local chapter of the world’s largest pre-seed startup accelerator, has revealed the eight startups in its latest cohort as they prepare for Demo Day next week. The startups involved have just completed an intensive 3.5 months program of business-building, evaluation, and feedback from leading experts and investors ahead of a Demo Day… Read more »
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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
A recycling startup dealing with problem products, such as soft plastics, coffee pods, blister packs and vapes, has raised $1.15 million from 1014 investors in a crowdfunding campaign. Five-year-old Sydney-based RecycleSmart plans to accelerate it national expansion with the funds. In the last 12 months, RecycleSmart has doubled its customer numbers, revenue and also seen… Read more »
Climate Tech
India is now the third largest fintech industry in the world, with 1.4 billion people making 135 billion digital transactions last year. That makes it ripe territory for Australian startups, such as FootprintLab, looking to expand globally. Sydney-based cleantech FootprintLab has a product in global demand: credible, up-to-date and commercially useful carbon footprint data. Regulators,… Read more »
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