Shouta, a new gifting app for small presents – think sending someone a coffee or beer – launched today. The idea emerged during the Covid-19 lockdowns with co-founders Carly Shamgar in Sydney and Nick Redwood in Melbourne collaborating to develop a “fun yet meaningful way to show friends and family that they were thinking of… Read more »
Gilmour Space Technologies, the Gold Coast-based startup building lower-cost hybrid rockets for launching small satellites into low earth orbits from 2022, has signed its first international deal for launch and orbital logistics with US rocket venture Momentus. The multi-million-dollar partnership will see the two companies share launch services, with Momentus buying at least one of… Read more »
The former Flexigroup, now rebranded as Humm, the name of its BNPL product, is launching a US line of credit, marketed as a BNPL solution in the highly competitive US market in a joint venture with fellow ASX-listed fintech Douugh. The proposed JV will result in “Douugh powered by humm” as a “BNPL” solution involving… Read more »
Airtasker founder and CEO Tim Fung has invested in the boat and yacht rental startup, Flotespace’s seed round raise, and will join the company as an advisor. The size of the round has not been disclosed and involved multiple investors. Sydney-based Flotespace the ‘Airbnb for boat experiences’ is a concierge service for boat and yacht… Read more »
Sydney software startup Elenta has closed has oversubscribed seed round less than six months after launching, raising $1 million. The corporate learning venture, which launched in June through Antler Australia’s Sydney accelerator program. Having given the brand-new venture a $125,000 pre-seed investment, Antler followed on with the seed round, which was also backed by Black Nova… Read more »
Aconex co-founder Rob Phillpot has backed Melbourne-based builder software company Buildxact in a $6 million raise, 12 months after his fellow co-founder became an investor in the nine-year-old startup. Jasper returned to back the latest round. Buildxact creates software for residential builders for estimating and job management. The cloud platform streamlines the building process from… Read more »
Melbourne-based tech startup Pearlii, a world-first dental app for check-ups, has raised $1.25 million in seed investment from some of Australia’s most prominent investors, including Roger Allen and Justin Liberman. Founder and CEO, Dr Kyle Turner has developed artificial intelligence technology to scans a Pearlii user’s dental photos to check for common problems such as… Read more »
Every Friday, our new weekly column talk to CEOs, founders and tech leaders about the benefits they’ve discovered from WFH in 2020. This week it’s Brisbane fintech developer Brodie Haupt, CEO and co-founder of WLTH and Properlytics, a proptech platform for property owners to keep track of the value of their investments. It’s no surprise that… Read more »
A Melbourne media buying agency that’s seen its revenue grow by an astonishing 2390% over three years has been named the overall winner of the 2020 Deloitte Technology Fast 50 Australia awards. Half Dome in Cremorne took out the top prize ahead of runners-up My Plan Manager (1621% growth) and Autoguru (1148% growth). Half Dome… Read more »
Sydney startup AMSL Aero has built a battery-powered Vertical Take Off and Landing (eVTOL) aircraft with a cruising speed of 300kmh that could hit the skies as an air ambulance in 2023. The Vertiia eVTOL prototype, developed in conjunction with University of Sydney researchers and Australian aeromedical company, CareFlight, can travel at twice the speed… Read more »
US tech pioneer Vint Cerf, the man dubbed “father of the internet” for his work co-designing TCP/IP protocols, has backed his employer, Google, in its fight against the Australian government’s plans to make tech giants Google and Facebook pay media companies for using their content. Cerf, who has worked for Google as a vice president and… Read more »
An app to maximise your tax refund and a startup that wants to turn renters into homeowners are among four startups pitching for a $150,000 investment today as part of the x15ventures Xccelerate program. x15ventures is the Commonwealth Bank’s venture building entity and this is the second Xccelerate program following on from two sisters Frances… Read more »
Morse Micro, which is reinventing Wi-Fi technology for the Internet-of-Things (IoT), has raised an extra $18 million in its Series A to take the total round to $42 million. The Sydney deep tech venture, founded in 2016, has some of original inventors of Wi-FI in the team and will use the funds to expand its… Read more »
Female startup founders in Victoria will have access to $10 million in angel investment under a new fund announced in the state budget today. Treasurer Tim Pallas allocated $10 million towards the Women Founders Angel Sidecar Fund while hoping it will unlock a further $30 million in private sector equity. The funds are part of… Read more »
Underlying Profit Before Tax of $86.1m, up 13% Revenue of $269.8m, up 12% SaaS Annual Recurring Revenue of $134.6m, up 32% Total Dividend of 12.88cps, up 8% Coronavirus has been kind to enterprise software company TechnologyOne (ASX: TNE), with the country’s market leader announcing its annual results to September 30 today with revenue, underlying… Read more »
Australian-designed electric air ambulances are set to hit the sky by 2023
Women are on the rise in Deloitte’s list of Australia’s fastest growing tech companies
AI-based dentistry startup Pearlii raises $1.25 million seed round
Another Aconex co-founder has backed a Melbourne builder software startup’s $6 million raise
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