Funding

Twiggy Forrest is backing a new robotics vehicle startup by Zoox’s Australian co-founder

- November 24, 2020 < 1 MIN READ

Serial Australian entrepreneur Tim Kentley-Klay is back in founder mode two years after being fired from his autonomous mobility company Zoox, with a new robotics ventures that’s attracted support from mining billionaire Andrew “Twiggy” Forrest. His latest idea, launched this year, is HYPR – not to be confused with the US influencer marketing platform or… Read more »

Other

Ignition Lane’s Weekly Wrap: From tech to table, the Paypal mafia, and Who Gives a Crap for millionaires

- November 23, 2020 8 MIN READ

Welcome to Ignition Lane’s Weekly Wrap, where they cut through the noise to bring you their favourite insights from the technology and startup world. Ignition Lane works with ambitious business leaders to apply the Startup Mindset to their technology, product and commercialisation problems.  This wrap goes out free to subscribers every Saturday morning. Don’t forget that every Monday at… Read more »

Insights

9 incredible women entrepreneurs making a difference in 2020

- November 19, 2020 3 MIN READ

November 19 is International Women’s Entrepreneurship Day so today we are celebrating fabulous women in business making a difference to the lives of everyday Australians. Women’s Entrepreneurship Day (WED) was founded by entrepreneur Wendy Diamond following a trip to Honduras where she witnessed extreme poverty. Diamond was inspired to pioneer a movement to empower women… Read more »

News & Analysis

The Australian video game industry’s push for a 30% tax offset just landed another powerful ally

- November 19, 2020 3 MIN READ

Video game production is worth around $250 billion annually, but Australia’s slice of that pie is tiny – just $114 million.  It’s so paltry New Zealand’s games industry generates more revenue, while the UK and Canadian game development industries are 10 times bigger than Australia’s. The local sector believes it can easily become a $1… Read more »

News & Analysis

Kiwi electric engine startup ZeroJet wants solve the boating industry’s massive pollution problem

- November 19, 2020 2 MIN READ

New Zealand engineering startup ZeroJet is hoping to transform the boating industry by replacing outboards in a five year plan that would be like taking 1.5 million cars off the road.  The Auckland-based company, founded in 2015 by Neil Mans and Bex Rempel, built the world’s fastest and lightest electric jet boat, with a top… Read more »

Fleet Space Technologies
News & Analysis

Southstart moves Thursday’s State of the Re: Union festival online as Covid-19 resurfaces in Adelaide

- November 18, 2020 2 MIN READ

Innovation and ideas festival, _SOUTHSTART has moved its State Of The Re: Union event in Adelaide this Thursday, November 20 – coinciding with Global Entrepreneur Week – online in response to a Covid-19 outbreak in the city. Organisers were forced to cancel today’s event after guests flying from Queensland were forced to withdraw when their… Read more »

News & Analysis

The NSW government is shouting you lunch as it cuts payroll tax for business and flags stamp duty changes

- November 17, 2020 3 MIN READ

The NSW budget is shouting the state a $250 million lunch, even as the 2021 financial year will post an historic  $16 billion deficit as Treasurer Dominic Perrottet grapples with the impact of Covid-19 on Australia’s most populous state. The FY20 deficit was $6.9 billion. It will take until 2025 before the NSW budget is back… Read more »

Fintech

Xinja cuts the cap for paying interest on its Stash account once again to just $50,000

- November 17, 2020 2 MIN READ

Less than a year after “Australia’s best savings account”, the high interest rate on Xinja’s Stash savings account appears to be a millstone around the neobank’s neck, with the fintech slashing the interest-bearing cap by two-thirds to just $50,000 on any deposits. With the launch of Xinja US share trading platform Dabble now delayed indefinitely,… Read more »

Antler Australia

Remote Social is tackling one of the biggest challenges teams face from working from home

- November 17, 2020 3 MIN READ

In the new world of remote working, building team culture at a distance is difficult. Enter Remote Social – an online platform that provides games, activities and tools, such as trivia and bingo, that strengthen culture, wellbeing and connection within remote and hybrid teams. Co-founder and CEO Jessica Baird Walsh says Remote Social aims to… Read more »

Funding

New Zealand healthtech startup ZOOM has launched NZ$3m Snowball Effect capital raise

- November 17, 2020 < 1 MIN READ

New Zealand virtual pharmacy startup, ZOOM Health, which founder David Taylor calls the “Uber Eats of prescriptions”, is looking to raise NZ$3 million via Kiwi investing marketplace Snowball Effect. Taylor, ZOOM’s MD, founded the healthtech venture in 2017, targeting people on multiple medications who struggle to get to the pharmacy with a delivery option. “Whilst… Read more »