Companies spend more on SaaS than ever before. This has created a maze of duplicate accounts and low accountability, resulting in 30% unused paid subscriptions. Enterprise solutions currently on the market are highly human driven with costly sales and onboarding processes, usually offering one-way sync and endless integrations. Hudled co-founders, Alexander Millar and Santiago Bravo,… Read more »
A motion-detecting fitness app developed in South Australia that pays its users to exercise is set to launch this month. Adelaide-based app development company PixelForce has been working on the project – known as Fitbotic – for the past three years. Managing Director Hinney Lo said Fitbotic used motion detection technology to track the number… Read more »
Buy now, pay later fintech Afterpay will raise $800 million in new equity, topped up to $1.05 billion with billionaire founders Anthony Eisen and Nicholas Molnar each selling down a 10% stake in their existing holdings in the company, worth $250 million in total, as part of the raise. Afterpay put its shares in a… Read more »
Australian small and medium-sized businesses (SMBs) are optimistic about the ability to grow and innovate over the next 12 months, according to new research from Amazon Launchpad – Amazon.com.au’s program for Aussie startups and entrepreneurs. The Amazon Launchpad Innovation Report, commissioned by Amazon Australia, explores current sentiment amongst Australian SMB owners, how they evolved their… Read more »
Welcome to Monday. Don’t forget to tune into the Startup Daily show on the business TV streaming channel ausbiz.com.au every weekday, 2-3pm, where we talk to startup founders, investors and innovators about everything tech. If you’ve missed an episode, you can catch up on the ausbiz site here. 1. Uber buys rival Postmates for $3.8bn Uber is spending… Read more »
In a sign of the shifting powers in Australian finance, ASX-listed buy now pay later service Afterpay is joining the Qantas Frequent Flyers program. New Afterpay customers will earn 500 Qantas Points for joining and adding their QFF membership number to their Afterpay account and then 1 point per $1 spent, up to a total… Read more »
Engineering startup VAPAR, which utilises artificial intelligence (AI) and machine learning (ML) to check the condition of stormwater and sewerage pipelines, has raised AU$700,000 in seed funding led by Blackbird Ventures and Startmate, as well as angel investors. CEO Amanda Siqueira and CTO Michelle Aguilar, both engineering graduates from the University of Technology, Sydney, co-founded their… Read more »
As the global renewables transition accelerates, the future for coal regions has become a big worry. This raises an important question: can renewables create the right jobs in the right places to employ former coal workers? According to our new research, the answer in many cases is “yes”. Renewable energy jobs provide a good match… Read more »
As communities across the world continue to battle the Covid-19 pandemic with some countries managing and mitigating the spread, another global crisis remains – climate change. This constant threat to the environment is what motivated co-founders Catherine Long and Joanna Auburn to launch their GreenTech startup, Trace. Self-proclaimed “climate conscious hypocrites,” both founders were taking… Read more »
Hours each week are wasted by teams across the world because meeting actions get lost, and projects get delayed, leaving feelings of dissatisfaction and unproductiveness. Meetric is on a mission to stop this from happening. The digital product, integrated and linked with the events in your Google & Microsoft Calendar, helps managers better record and… Read more »
Keeping track of all the things kids get up to outside of the classroom is one of the biggest juggles parents and educators face, but a new startup, which just raised $850,000 from startup VC firm Jelix Ventures, is well on its way to solving that problem. Software venture Clipboard, founded in late 2017 by… Read more »
Australian consumers can gain access to their banking data from Wednesday, July 1, to potentially save money on the cost of financial services with the phased launch of the Consumer Data Right. All four major banks are required to share a customer’s data, when they request it. The reform gives fintechs the potential to find… Read more »
The Australian government is ramping up its cybersecurity defences, announcing on Tuesday that it will spend $1.35 billion over 10 years to enhance the national capabilities and assistance via the Australian Signals Directorate and the Australian Cyber Security Centre. Dubbed the Cyber Enhanced Situational Awareness and Response (CESAR) package, the focus will range from cyber… Read more »
Antler Australia held its first virtual Demo Day last week, live streamed from Sydney to more than 2000 people around the world after receiving nearly 3000 registrations. The global audience tuned in to hear from the 12 local tech startups launched within and funded by Antler. “Turning this into an online event in the wake… Read more »
COVID-19 will continue to present extraordinary challenges to Australian businesses and startups – even this week as Victoria braces for its second lockdown as it contends with another virus outbreak. When it comes to this pandemic, nobody was entirely prepared, but there are some businesses – with deep pockets, vast expertise and contingency plans –… Read more »
AI-based engineering startup VAPAR, founded by two women, just raised $700,000 in seed funding
BrightSpots: How Zoho put values above revenue to deal with covid-19
Afterpay is getting into the frequent flyer business with Qantas
Why founders need a pitch deck AND investor deck (and they’re not the same thing)
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