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Funding for Australian startups just had a bumper start to 2019, but things are starting to look tougher

- May 1, 2019 4 MIN READ

Investors and companies spent more than $2.6 billion on tech startups in the first three months of 2019, but the cash splash looks set to dry up if the longer-term trend continues according to Startup and tech directory Techboard, which released its March 2019 quarterly funding report today. It was a good quarter for mature startups… Read more »

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The team behind Barbeques Galore just raised $20 million in series A funding for a children’s online tutoring business

- April 30, 2019 2 MIN READ

Online tutoring startup Cluey, which wants to change the way kids learn using tech and AI, has raised $20 million in Series A funding. International technology investor Allectus Capital and Alex Waislitz’s Thorney Investment Group, including the listed Thorney Technologies Ltd, led the round, which takes the total raised to $31 million.  Cluey is the… Read more »

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A Melbourne cloud computing startup just landed one of 2019’s biggest raises to go global

- April 30, 2019 2 MIN READ

Melbourne educational training startup A Cloud Guru (ACG) has raised US$33 million (A$47m) from US and local investors, including Summit Partners and Airtree Ventures, just four years after brothers Sam and Ryan Kroonenburg launched the platform. As technological disruption cuts its way through a swathe of industry sectors, the Kroonenburgs has been working with a… Read more »