News & Analysis

Your 90-second guide to the day in tech

- April 29, 2021 3 MIN READ

It’s Thursday already! Remember to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Today we’re talking cryptocurrencies as part of our ongoing collaboration with Fintech Australia. And here’s the latest tech news from around the world.    Google & Microsoft boom Results in from Google’s parent… Read more »

News & Analysis

NBN borrows $2.6 billion via US bonds

- April 28, 2021 < 1 MIN READ

The government-owned NBN Co has taken on a fresh $US2 billion (~$A2.6bn) in debt via a bond issue in the US as it seeks to wean itself off federal government funding. The issue was made up of a five-year bond of $US750m and a 10-year bond of $US1.25 billion. The five-year bond will mature in… Read more »

Cryptocurrency

Reinventure’s bet on Coinbase returns $546 million, boosting Westpac’s bottom line by $288m

- April 28, 2021 2 MIN READ

January 2015 was an interesting time for bitcoin and Westpac’s fintech venture capital fund, Reinventure. Simon Cant and Danny Gilligan, co-founded the VC with Westpac the year before. Bitcoin kicked off the year at around US$300, before crashing to $170 within a fortnight. The cryptocurrency would climb to $465 before the year was out and… Read more »

Global tech

LIFT YOUR APP GAME: Australia’s competition regulator takes aim at Apple and Google over their app store dominance

- April 28, 2021 3 MIN READ

The “significant market power” of the Apple App Store and Google Play in Australia needs to be addressed says Rod Sims, chair of competition regulator the ACCC, to give app developers better terms and conditions, as well as improving the approvals process The second part of the ACCC’s Digital Platform Services Inquiry interim report, which focuses… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 27, 2021 3 MIN READ

Welcome to Tuesday Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Here’s the latest tech news from around the world.  Roku takes on Google In a true David v Goliath battle, video streaming player Roku has flagged that Google’s premium service, YouTube TV, might… Read more »

Agritech

New Zealand agritech startup Halter has raised $29 million in Series B for a ‘cowgorithm’ to create fenceless farming

- April 27, 2021 3 MIN READ

A New Zealand agritech startup fitting cows with GPS-enabled solar collars to “guide” cows around pastures using sound and vibrations, creating virtual fences via an app, has raised A$29 million in a series B round. Halter says it is bridging the gap between human and animal understanding to transform farming. The series B round was… Read more »

Funding

Uni student recruitment marketplace Adventus closes $22.7 million series A with $11m top up

- April 27, 2021 3 MIN READ

Adventus.io, a SaaS-based college student recruitment marketplace which has attracted more than 2000 universities globally to the platform, has raised an additional $11 million, led by venture capital firm Our Innovation Fund (OIF), to close a $22.7 million Series A. The funds will be used to bolster the edtech startup’s global footprint, especially in the… Read more »

Accelerator

Startmate expands its New Zealand footprint

- April 26, 2021 2 MIN READ

Startmate’s New Zealand expansion plans continue with the Australian startup accelerator making its first local appointment, making Auckland-based Ryan Walker its community and partnerships associate. In his first months in the role, Walker is visiting key startup hubs across the twin island to ensure the Kiwi startup ecosystem is primed to leverage Startmate’s global network… Read more »

News & Analysis

Your 90-second guide to the day in tech

- April 26, 2021 3 MIN READ

Happy Monday.  Don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-2.40pm. Watch online, download the ausbiz app or via 7Plus. Here’s the latest tech news from around the world.    Uber founder’s kitchen play Uber founder Travis Kalanick began to part ways with the business back in 2017 (leaving the board in 2019) amid… Read more »

Fintech

Fintech Unhedged raised a $500,000 pre-seed round as it looks to reshape investment advice using AI

- April 23, 2021 2 MIN READ

Robo-advisor Unhedged has raised $500,000 in a pre-seed round ahead of the release of the fintech’s investor app. The round was backed by Canadian venture capital firm Loyal VC, plus 18 individual investors, predominantly through founder Peter Bakker’s MBA network. The raise is being used to build the headcount, as well as enabling the team… Read more »

Healthtech

Heart disease diagnostic startup ESN Cleer raises $700,000 as the medtech hits commercialisation

- April 23, 2021 < 1 MIN READ

Melbourne-based ESN Cleer says it’s now just months away from delivering a major medical breakthrough – the world’s first early risk detection screening test for heart disease – after raising $650,000 via crowd-funding site VentureCrowd. The raise was topped up by another $50,000 direct investment. The medtech startup has developed a simple saliva test that… Read more »

Agritech

Agtech accelerator Sparklabs Cultiv8 reveals the 10 startups it invested in for its new program

- April 22, 2021 3 MIN READ

Agriculture and food tech accelerator SparkLabs Cultiv8 has selected 10 new startups for its 4th cohort. The global Sparklabs Group invests in early-stage companies and each startup will receive up to A$100,000 in seed funding. This year’s group includes a CSIRO project using seaweed in livestock feed to reduce their methane production, a consumer app… Read more »