US VC Tiger Global has backed a B2B marketplace developed by the former CEO of eCommmerce platform Catch with a $28 million investment. Tiger previously backed Catch, and this week has also chipped into a Sydney grocery delivery startup’s $75 million Series A. TradeSquare is a B2B wholesale marketplace launched in 2020 by former Catch… Read more »
US VC giant Tiger Global Management has backed one of the multiple local startups hoping to carve out a slice of the rapid grocery delivery market, leading a $75 million Series A into Milkrun. Founded by Koala co-founder Dany Milham, the 10-minute delivery service only launched four months ago, having previously raised A$11 million in… Read more »
Customer research platform Dovetail has raised US$63 million (A$87m) in a Series A for the software startup’s first major funding round. The raise was led by Accel, with participation from existing investors including Blackbird, Felicis Ventures, Grok Ventures, and CultureAmp CEO Didier Elzinga. New backers include Slack CEO Stewart Butterfield, Wedflow CEO Vlad Magdalin and… Read more »
Australian startup Car Next Door as sold to the US tech giant Uber after a decade in business. The price of the acquisition was not disclosed The peer-to-peer car rental platform first launched in Sydney in 2012 and now operates in all capital cities except Darwin, as well as the Gold Coast, Cairns,Launceston, and Newcastle.… Read more »
The global expansion plans of Canadian ecommerce company Maropost continue with the acquisition of 15-year-old Australian retail platform Retail Express for CN$55 million (A$61m). Retail Express is the Australian & New Zealand leader in point-of-sale systems for mid-market and enterprise retail brands. Founder and CEO Aaron Blackman has bootstrapped the business since its launch in… Read more »
With the long-awaited results of the NSW HSC out this week, many young Australians, after 12 years of schooling, are facing big decisions about their future during one of the most turbulent times in history. So we asked 10 startup founders and tech CEOs to weigh in with the advice and insights that they wish… Read more »
A Sydney edtech startup helping people unlock the power of cloud software has raised $1.3 million in a seed round. The raise for Saasguru was led by Sydney VC Square Peg, with support from Black Nova and comes just six months after the venture was formed . Co-founders Amit Choudhary and Atif Saad developed their… Read more »
Payday lending fintech Beforepay had the $35 million value of its IPO wiped away on debut on the ASX today, with the company’s share price plunging 44% in its first day of trade. Making an early bid for 2022’s worst opening day – the drop saw Beforepay (ASX: B4P) float at $3.41 per share, but… Read more »
UK-based Asian food delivery platform HungryPanda, has snapped up two local rivals, acquiring Melbourne-based startup Easi and New Zealand’s Buy@Home. The terms of the deal were not disclosed. The acquisitions mean HungryPanda, founded in 2017, now operates in 10 countries, including the UK, France, Italy, the US, Canada, Australia, New Zealand, Japan, South Korea and Singapore, across 60 cities.… Read more »
A female-founded wellness management platform for youth athletes has closed a $2.5 million seed round as it looks to help athletes with their mental health. Brisbane-based iNSPIRETEK was founded by former competitive gymnast Annie Flamsteed to provide athletes with mental health support and the tools they need when they need them most. The round was led by… Read more »
My Foodie Box listed on ASX on Friday, making an impressive public debut with its shares closing up 25% on their first day of trade. The three-year-old subscription startup (ASX: MBX) raised $6 million at $0.20 per share, with the parent company behind the ANZ distributor of the $2000 cult kitchen device Thermomix, Magnet Investments,… Read more »
Thousands of startup experts and consultants have signed up to offer flexibility on the billing or meet entrepreneurs ‘halfway’ in fee negotiations as part of a new online service investment marketplace, The Pitch Portal. Founder Amanda Fay launched the platform in the thick of last year’s Covid lockdowns, explaining that The Pitch Portal is both… Read more »
2021 didn’t quite turn out way we’d hoped after the initial pandemic chaos on 2020. With the past 12 months throwing up even more curve balls than the year before, testing the resilience of many, we asked several startup founders what they learnt during the past year and how it will shape their thinking in… Read more »
While new variants of Covid-19 gave the past year a Groundhog Day quality after the initial disruption of 2020. But despite the additional chaos, it was an another exciting year for the startup and tech sectors amid massive raises, the rise of more venture capital funds and plenty of mergers and acquisitions. On that front… Read more »
Biotech startup founder Elizabeth Holmes has been found guilty of four of 11 charges by a US Federal Court jury. Holmes, 37, was the high-profile CEO of Theranos, a supposedly revolutionary blood testing tech startup, which she dropped out of Stanford University, aged 19, to launch in 2003. The company’s ambitions ground to a halt… Read more »
Daily startup news and insights, delivered to your inbox.
