Brisbane-based mobile and web development platform Codebots has raised $1.4 million in Series A funding to expand the platform and continue its global expansion. The funds have come from North Queensland investment group Evolution Financial, and private investors. Codebots was named the 2018 Queensland Startup of the Year at the national iAwards and earlier this year… Read more »
Inspace XR co-founder Justin Laing Virtual reality startup Inspace XR, which creates virtual mock-up of a new houses to show prospective buyers and builders, has closed $750,000 in seed funding, led by Investible, just weeks after it won the Sydney leg of the VC fund’s Investible Games. It’s the second $750,000 raise for in three… Read more »
Tyro CEO Robbie Cooke and YBF CEO Farley Blackman Pioneering Melbourne tech and innovation hub YBF Ventures is coming to Sydney, taking over neobank Tyro’s CBD Fintech Hub on Clarence Street. Tyro will become a YBF corporate partner of the new venture, to be known as YBF Sydney. It kicks off with the new financial… Read more »
The National Australia Bank (NAB) has pledged to lend or invest $2 billion of funding over five years in emerging technology companies. The figure includes loans, facilitating access to capital markets and supporting companies with transactional banking and risk management. Chief Customer Officer Business and Private Banking, Anthony Healy, said NAB wanted to boost productivity… Read more »
Brent Pearson, CEO and founder of Enboarder. HR platform Enboarder has raised AU$11.6 million in Series A funding as it seeks to expand in the US, Europe, the Middle East and Africa. The raise was led by US private equity firm Greycroft, returning after taking part in the previous $5 million round. New investors, Next… Read more »
Tim Dean, Credi’s founder Credi, the Perth-based loan management platform that formalises loans between friends and family, aka the ‘Bank of Mum and Dad’, is looking for $1 million to expand internationally and ramp up its marketing after processing more than $100 million of transactions in the past two years. Tim Dean, Credi’s founder, saying… Read more »
The OncoRes team: chief scientific officer Dr Brendan Kennedy, CEO Dr Katharine Giles and breast cancer surgeon Prof Christobel Saunders Perth-based medical device startup, OncoRes Medical, has been chosen from among more than 800 applications from 35 countries to join the renowned US MedTech Innovator Accelerator program this year. The company has developed a hand-held imaging… Read more »
William Crock, co-founder of Hometime. Sydney-based Airbnb property management services company Hometime has landed a $6 million debt and equity funding deal with Australian technology venture capital firm OneVentures It’s the first deal from the new $100 million OneVentures Fund, launched less than 12 months ago. The fund is a partnership between OneVentures and Viola,… Read more »
Sydney CBD startup space Fishburners is offering itself up as event space promising to make venue affordable for functions. The 500m2 space in the Sydney Startup Hub, adjacent to Wynyard Station, has capacity for up to 300 people Fishburners CEO Nicole O’Brien said there was a shortage of quality, 200-plus venues in the city and… Read more »
TechDirect co-founders Paula Barry and Sascha Kara. Photo: supplied When founders talk about the problem they set out to solve, finding the right tech team to help inevitably becomes part of the story. TechDirect set out to cut to the chase in that adventure by solving the problem on the way to problems –… Read more »
The Elite Robotics team: systems engineer Nathan Bartlett, industrial designer Luke De Bono and CEO Sahil Harriram. Photo: supplied The Hunter Valley, two hours north of Sydney, is best know for wine, horse breeding and coal mining. But it also has a burgeoning startup scene, with more than 50 startups backed up by more than… Read more »
The problems startup founders set out to solve are often drawn from personal experience and for Dr Ben Jansen, founder of Cannabis Doctors Australia (CDA), it doesn’t get much more personal as the nascent medicinal cannabis industry establishes in Australia. Jansen’s family business started when his mother was diagnosed with terminal cancer. They faced the… Read more »
Wrappt co-founders Ryan Miller, David Steel, Chris Osborne, and Nick James. Video is the new black, especially when it comes to corporate communications and plenty of startups are looking at how to solve the problem of how to make it easier and cheaper to turn amateurs into Gillian Armstrongs. A new cloud-based app from Brisbane… Read more »
US ridesharing giant Uber has chosen Melbourne as the first international site to trial its electric helicopter Uber Air. The Victorian capital joins Dallas and Los Angeles as pilot cities for the program. Test flights are due to get underway from 2020 with the goal of commercial flights from 2023. Uber’s Australian, New Zealand and… Read more »
Sydney startups co-working space Harbour City Labs has a new Head of Growth, Dr Khimji Vaghjiani (pictured). A 30-year veteran of innovation and entrepreneurship in sectors as diverse as banking, telecommunications, defence, manufacturing, energy, government and academia, as well as in numerous startups, Dr Vaghjiani is a former Australian Innovator of the Year nominee.… Read more »
The Canva brand is now worth more than Woolies, Telstra and Bunnings
VC-backed crowdfunding platform Stride Equity is offering a new funding model for startups
Female-founded fermentation startup Cauldron lands $10.5 million to transform how new foods and fibres are developed
Shares in Afterpay’s parent company are getting slaughtered after a short seller accused Block of ‘facilitating criminal activity’
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