News & Analysis

A uni-backed startup with a hydration booster for professional athletes just raised $1 million

- June 26, 2019 2 MIN READ

A new range of hydration-boosting drinks developed at an Adelaide university startup, already popular with professional cyclists, has just raised more than $950,000 in a pre-Series A round. Preserve Health Pty Ltd, Flinders University spin-out company, raised the funds for PREPD, a two-step hydration-enhancer designed to boost the absorption of sports drinks and water to… Read more »

News & Analysis

CSIRO scientists have developed a ‘vaccine’ against attacks on AI

- June 26, 2019 2 MIN READ

  Researchers from Data61, the CSIRO’s data and digital specialist arm, have developed techniques they claim will effectively ‘vaccinate’ algorithms against adversarial attack, meaning it will prevent malevolent actors from hijacking  machine learning. Dr Richard Nock, Data61 machine learning group leader, explained that algorithms ‘learn’ from the data they are trained on to create a… Read more »

News & Analysis

The 10 skills most in demand in Australia right now according to LinkedIn

- June 26, 2019 3 MIN READ

Workplace networking site LinkedIn has released its take on workplace education and training today claiming nearly a third (29%) of Australian employees quit a job due to insufficient access to learning and development to upskill. The Future of Skills 2019 Report, says there is a critical gap between the learning and development (L&D) opportunities employees… Read more »

Alex Scandurra - Stone & Chalk
News & Analysis

Fintech hub Stone & Chalk is opening in Adelaide

- June 25, 2019 2 MIN READ

Stone & Chalk CEO Alex Scandurra  Fintech innovation hub Stone & Chalk is setting up shop in Adelaide in partnership with the South Australian Government Stone & Chalk will be the anchor tenant and startup hub operator at Lot Fourteen, the massive and ambitious innovation precinct on the seven-hectare former Royal Adelaide Hospital site. With… Read more »

News & Analysis

Paul Little’s seed round fund, Skalata Ventures, has made its first investments, including F1 engineers using driving simulators to make roads safer

- June 24, 2019 3 MIN READ

Skalata Ventures chairman Paul Little with the fund’s COO Maxine Lee and CEO Rohan Workman Melbourne billionaire Paul Little’s new seed investment firm, Skalata Ventures, has revealed the first 10 of the 60 startups it plans to invest in over the next three years. The former Toll Holdings boss set up the fund this year… Read more »

News & Analysis

Thousands of Google Play apps could be fakes used to steal your data

- June 24, 2019 3 MIN READ

Australian researchers have found more than 2000 potentially fake apps on Google Play that hackers are using as trojan horses to steal personal information from users. The fake apps impersonate popular apps for everything from photo editing to personal finance tracking and exercise monitors and contain malware that could lead to identity theft. Five researchers from… Read more »

News & Analysis

Web development platform Codebots lands a $1.4 million Series A

- June 24, 2019 1 MIN READ

Brisbane-based mobile and web development platform Codebots has raised $1.4 million in Series A funding to expand the platform and continue its global expansion. The funds have come from North Queensland investment group Evolution Financial, and private investors. Codebots was named the 2018 Queensland Startup of the Year at the national iAwards and earlier this year… Read more »

News & Analysis

A VR company that gives property buyers a walk through their future home just landed a $750,000 seed round

- June 21, 2019 1 MIN READ

Inspace XR co-founder Justin Laing Virtual reality startup Inspace XR, which creates virtual mock-up of a new houses to show prospective buyers and builders, has closed $750,000 in seed funding, led by Investible, just weeks after it won the Sydney leg of the VC fund’s Investible Games.  It’s the second $750,000 raise for in three… Read more »

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 »