This year, we aimed to refresh — and enhance — our in-depth snapshot of founders and startups across the entire tech ecosystem. We asked several of the same questions to track shifting sentiment and trends across years, but also delved into new areas such as how founders pick their lead investor and the perspectives they… Read more »
Ahead of the release of its 2016 Crossroads report later this week, advocacy body StartupAUS has announced the appointment of Topaz Conway to its board and existing board director Teresa Engelhard as chairman. Chair of women-focused accelerator program Springboard Enterprises and advisor for the federal government’s Accelerating Commercialisation initiative, Conway said she is “delighted” to… Read more »
Online shopping community Cashrewards, which connects shoppers through to ecommerce platforms and provides them with cashback on purchases, has been named top dog on this year’s Deloitte Tech Fast 50 list thanks to a growth rate of almost 12,500 percent over the last three years. Ranking the 50 fastest growing public and private tech companies… Read more »
As a high-growth startup, it’s likely that you will need more funds than you, or your family or friends, can provide. You’ll need to be as innovative about ‘fund hacking’ to raise funds as you are about growth hacking to grow your customer numbers. To be successful, you have to explore multiple funding sources to… Read more »
In the past, Australian startups working in the social enterprise space have chosen to go overseas to pursue growth, with the UK’s social enterprise sector, for example, far more advanced than Australia’s. However, this has begun to shift over the last year or so, with the pool of resources available to local entrepreneurs steadily growing.… Read more »
Melbourne coworking space York Butter Factory and developer Mirvac in July announced a new partnership and platform called Hoist designed to help lift the Australian innovation ecosystem.
A group of founders running sharing economy startups have come together to launch The Sharing Hub, a Sydney coworking hub dedicated to helping boost new startups in the sharing economy space through access to advice and mentorship. Dubbing themselves the ‘Peer to Peer Cousins Network’, Spacer founder Mike Rosenbaum; Steve Orenstein, founder of courier service… Read more »
New York company ServiceChannel, which runs a service automation platform for facilities managers and contractors, has announced it has partnered with Australian startup PromisePay to power its multi-billion dollar marketplace. ServiceChannel’s platform is used by over 350 companies globally to streamline facilities repair and maintenance services across more than 200,000 locations in over 60 countries.… Read more »
Telstra-backed accelerator muru-D has this week opened applications for SYD4, the fourth intake of its Sydney program, calling on “the most determined and ambitious founders in Australia” to apply. The accelerator has switched up its funding model for this intake. Though startups will still be offered up to $60,000 in funding, this will come in… Read more »
TheRight.Fit, a startup helping connect brands and agencies with creative talent, has raised $750,000 in seed funding from AirTree Ventures to help further develop its platform and expand its reach in the industry. Founded by CEO Taryn Williams and Aurelien Labonne late last year, theright.fit essentially looks to help brands and talent bypass the traditional… Read more »
Innovation network Advance and KPMG Australia have named the startups taking part in this year’s elevate61 accelerator program, designed to help participants fast track their growth into the US. The 11 startups, or rather scaleups, have achieved a combined turnover of over $25 million in the past 12 months, and span various industries, from logistics to fintech… Read more »
Malcolm Turnbull has long been considered a champion of Australia’s tech and startup scene, but his declaration upon taking over as Prime Minister in September that “the Australia of the future has to be a nation that is agile, that is innovative, that is creative” made startup hearts across the country swoon. Now, three months… Read more »
From Urban Outsource and TidyMe to Scrubb and Helpling, more and more platforms are emerging to connect consumers to cleaning professionals. Just six months after launching, Sydney-based WHIZZ has announced a $2 million Series B funding round. WHIZZ has secured investment from five high-profile Australian investors including Simon Rothery, CEO of Goldman Sachs; Tom Krulis,… Read more »
Sydney-based startup Expert360 has raised $4.1 million in an oversubscribed round led by Frontier Ventures, with investors including former Macquarie Bank Managing Director, Allan Moss AO, rampersand, as well as other institutional investors and existing shareholders across Australia, the US and Europe. Expert360 was founded in January 2012 by former Bain & Company management consultants… Read more »
LatAm Autos, an Australian founded online auto classifieds startup operating in Latin America, today announced the opening of its Initial Public Offering (IPO), ahead of its listing on the Australian Securities Exchange (ASX) to raise AUD$18 million. The startup is following in the footsteps of other online classifieds companies such as SEEK, REA and Carsales that… Read more »
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