News & Analysis

The NAB wants to back tech startups to the tune of $2 billion over the next 5 years

- June 20, 2019 < 1 MIN READ

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 »

News & Analysis

‘Mum & Dad bank’ loan formaliser Credi is chasing $1 million in equity crowdfunding

- June 19, 2019 2 MIN READ

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 »

News & Analysis

A medical device startup helping breast cancer patients is off to a prestigious US medtech accelerator

- June 19, 2019 2 MIN READ

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 »

News & Analysis

Airbnb property management startup Hometime just scored $6 million from a new VC fund that offers debt

- June 18, 2019 2 MIN READ

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 »

News & Analysis

Sydney startup space Fishburners is throwing open its doors to host ‘affordable’ events

- June 18, 2019 < 1 MIN READ

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 »

News & Analysis

Australia’s leading medicinal cannabis startup is on target to raise $2 million from crowdfunding

- June 14, 2019 2 MIN READ

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 »

News & Analysis

A Queensland startup has built a smartphone video platform it’s hoping will be the next Canva

- June 14, 2019 < 1 MIN READ

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 »

News & Analysis

Sydney’s Harbour City Labs has a new head of growth

- June 12, 2019 < 1 MIN READ

  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 »

News & Analysis

Online retailer Booktopia abandons crowdfunding after falling short of its target

- June 11, 2019 3 MIN READ

Booktopia CEO and co-founder Tony Nash   Online bookseller Booktopia wanted to raise $10 million from an equity crowdfund Despite having nearly 2 million customers, just 850 people invested, raising less than 9% of the target The Sydney-based retailer is now talking to private investors  Leading Australian book retailer Booktopia has walked away from its… Read more »