News & Analysis

Logistics software venture WiseTech sees shares soar after profit jump

- August 21, 2019 3 MIN READ

Wisetech Global CEO & founder Richard White.   WiseTech is a Sydney-based logistics company that’s pushed hard into tech in recent years Its shares jumped after beating its own revenue growth predictions for FY19 The company has invested heavily in tech development and acquisitions to scale rapidly Operating profit increased 37% to $80.2 million WiseTech… Read more »

News & Analysis

Amazon Prime Video’s first Australian series is essentially a startup pitchfest for comedians

- August 21, 2019 < 1 MIN READ

Amazon Prime Video has announced its first Australian Amazon Original series will pitch 10 Australian comedic actors and stand-ups against each other trying to make each other laugh first to win a $ 100,000 prize. Actress Rebel Wilson will host the comedy-variety series, LOL: Last One Laughing, in 2020. The local series is a reworking of… Read more »

News & Analysis

Startupbootcamp is on the hunt for Australian energy ventures

- August 20, 2019 < 1 MIN READ

  Global accelerator venture Startupbootcamp (SBC) is currently scouring Australia looking for energy startups to take part in the organisation’s 2020 EnergyAustralia Program. SBC is hitting 27 cities with its half-day FastTrack event, kicking off in Brisbane last night. FastTracks lets startups share what they do, and in return get immediate feedback from experienced entrepreneurs,… Read more »

News & Analysis

One of Australia’s biggest property developers is launching a social change startup accelerator

- August 19, 2019 < 1 MIN READ

Australian property development giant Mirvac is launching an accelerator program focused on environmental and social change. The Impact Accelerator is being run in partnership with INCO, the Paris-based global VC and not-for-profit accelerator venture for green tech and social impact startups. Applications are now open for Australian startups and entrepreneurs to apply for The Impact Accelerator,… Read more »

News & Analysis

80 photos of Amazon Launchpad’s arrival in Australia

- August 19, 2019 < 1 MIN READ

When Amazon Australia’s newest venture, Amazon Launchpad, a new store for startups and entrepreneurs to sell innovative products to local customers launched earlier this month, the company threw a party in Sydney to welcome the retailers. Amazon Launchpad is essentially a store within the store, with retailers building custom product pages with the ability to… Read more »

News & Analysis

12 incredible agricultural entrepreneurs building startups in regional Australia

- August 19, 2019 4 MIN READ

A new entrepreneurship program that helps turn farmers into startup founders is currently underway across Australia and now accepting applications for the 2020 program. Farmers2Founders (F2F), was co-founded by Sarah Nolet (AgThentic) and Dr Christine Pitt (Food Futures Company) is an  8-week incubator program that helps producers answer two questions: is their idea worth pursuing;… Read more »

News & Analysis

Cricketer Steve Smith has turned a $100,000 startup investment into $12 million

- August 13, 2019 2 MIN READ

Australian batsman and former cricket captain Steve Smith’s run rate is already impressive, but a $100,000 seed investment in a Byron Bay startup three years ago makes him the Don Bradman of investors. That February 2016 investment, for a 10% stake in Koala Mattress is now worth $12.2 million according to the Australian Financial Review’s… Read more »

News & Analysis

Antler Australia just put $1.2 million into 12 startups in its first Sydney accelerator

- August 13, 2019 2 MIN READ

The daring dozen – Antler Australia’s cohort of 31 founders from 12 startups receiving pre-seed funding. (rear, l-r) Anish Sinha co-founder of Upcover, Ben Cooper-Woolley cofounder of SiteHive, Bede Moore Managing Partner of Antler Australia and New Zealand, Kellie Marks co-founder of SiteHive, Kailash Chandrasekaran co-founder of Upcover, Adam Ferguson co-founder of SiteHive, Nick Glynn… Read more »

News & Analysis

Australia Post is ramping up its parcel delivery business in a $1 billion deal with Qantas

- August 12, 2019 2 MIN READ

Australia Post CEO Christina Holgate and Qantas CEO Alan Joyce Australia Post is investing nearly $2 billion to pick up the pace of its lucrative parcel delivery service, announcing a $1 billion deal with Qantas to increase airfreight capacity as parcel revenues head towards $4 billion for the postal service. The seven-year domestic and international… Read more »