A Sydney startup that wants to make it easier for people to become publishers has raised $500,000 in pre-seed funding. The round was backed by Tim Duggan, co-founder of Junkee Media, Startmate and Australian deep-tech VC Boson Ventures. Storipress claims it is making digital media easier is created by giving aspiring publishers the tools they… Read more »
Every week on the Startup Daily TV show, we talk to more than two dozen founders, CEOs, investors and experts about what’s happening in tech. Now you can catch the best of the show with the weekly podcast, SUDS. Each week on SUDS host Simon Thomsen has a special guest join him to discuss the… Read more »
Finder conducts a quarterly survey of 53 crypto experts They predict bitcoin will end 2022 at US$25,473 10% say its time to sell out, 50% buy 70% think ‘winter’ will continue until at least 2023 Interest rates and the Terra collapse are to blame. Australian cryptocurrency experts have cut their predictions on the value of… Read more »
South Australian agtech startup GoMicro is hoping to tackle the $1 trillion problem with an app-based device that costs just $1 to produce and attaches to a smartphone. GoMicro CEO and founder Dr Sivam Krish has developed GoMicro’s Spotcheck App and a phone attachable magnifier designed for accurately assessing the level of ripeness or spoilage… Read more »
Complaints from the fintech sector that some major banks have been slow to get with the program when it comes to open banking have proved true with the competition watchdog slapping a $133,200 fine on the Bank of Queensland. The Australian Competition and Consumer Commission (ACCC) issued the penalty and infringement notice against BoQ for allegedly… Read more »
Sometimes a great idea all comes down to design. There are plenty of smartphones in the market, but plenty of people are drawn to the iPhone and pay a premium, because of great design. And so it is for sustainable office furniture startup Recess. The Sydney-based venture launched its new ergonomic office furniture line six… Read more »
Sydney adtech startup BlendAI has raised $1.5 million, two years after launching, to help small businesses with their online advertising. The round was led by Sydney-based venture fund EVP, and is for earmarked for fuelling customer growth, continued product enhancements and hiring BlendAI’s first go-to-market focused resources. BlendAI simplifies and centralises online advertising for e-commerce stores.… Read more »
B2B payments automation provider Monoova has merged with foreign exchange fintech Moneytech FX to build out its cross-border payments offering. The terms of the merger deal were not disclosed, with Moneytech now sitting under the Monoova brand, and headquartered in Sydney with a team of around 70. Monoova cofounder and CEO Christian Westerlind Wigstrom said… Read more »
Impact Investment Fund founder Geoff Gourley has signed on as the director of ESG at leadership and executive coaching firm Apricot Consulting. Gourley will lead all ESG (Environmental, Social and Governance), social value & impact, NetZero and social and sustainable procurement management consultancy activities. Apricot founder Derek Linsell said the appointment recognised Gourley’s experience as… Read more »
Sydney startup founder Kristy Chong has delivered an impressive exit for Modibodi, the “leakproof” apparel company she founded less than a decade ago, with Swedish hygiene and health company Essity acquiring it for $140 million. Founded in 2013, the fashion tech venture provides leakproof apparel for periods and incontinence including underwear, swimwear, activewear and maternity… Read more »
Intern placement company InternMatch has raised $10 million in a Series A as it looks to ramp up the global side of the business. The round, led by Canberra, property developer Doma Group, with the company’s advisory firm, Henslow, also chipping in alongside existing investors. The cash will support InternMatch’s expansion into Canada, the United… Read more »
Every week on the Startup Daily TV show, we talk to more than two dozen founders, CEOs, investors and experts about what’s happening in tech. Now you can catch the best of the show with the weekly podcast, SUDS. Each week on SUDS host Simon Thomsen has a special guest join him to discuss the… Read more »
Money management app Pocketbook will shut down next month after a decade in business. The company, now owned by the embattled ASX-listed BNPL Zip Co., announced yesterday that it will close on August 5. In a note on its website, Pocketbook, which was reportedly used by 800,000 people, did not give a reason for its… Read more »
Australian venture capital firm AirTree is opening up its previously invitation-only angel investor program, Explorer in a bid to attract more women and others to create greater diversity in the VC investment community. The Explorer program launched in 2020 in a bid to address declining angel investment. Since then more than 100 Explorers have completed the… Read more »
Teaching language through music, AI discovering flaws in security systems and improving decision-making during natural disasters are just some of the challenges Canberra startups are tackling with backing from the Canberra Innovation Network and its Innovation Connect (ICON) grant program. Seven startups have been selected by Canberra Innovation Network (CBRIN) as recipients of ICON grants,… Read more »
‘Have I gone too far?’ How founders can beat their startup demons 
Smart hotels get even smarter: 72 Byte to launch in Australia with AI expert backing 
Why the $2.43 billion Canva share sale is an epic moment for Australian tech 
Eucalyptus head of growth Matt Rossi departs to launch his own marketing startup, Oodle 
Daily startup news and insights, delivered to your inbox.
