News & Analysis

The federal government is backing WA to build an AI mission control base so robots can explore space

- July 10, 2019 1 MIN READ

The Australian government has signed a deal with the Western Australian government to spend $6 million developing the state’s space sector. The Morrison government wants to triple the size of the Australian space sector to $12 billion and create another 20,000 jobs by 2030. Under the Memorandum of Understanding (MoU) between Federal Science Minister Karen… Read more »

News & Analysis

NAB just led a $10 million raise for a US cybersecurity startup

- July 10, 2019 1 MIN READ

Digital Shadows co-founder and CEO Alastair Paterson Big four bank NAB is backing a digital risk protection startup it’s already engaged with as a customer, leading a $10 million round for US-based Digital Shadows through its investment fund, NAB Ventures, alongside existing investors, including Octopus Ventures. Melissa Widner, Managing Director, NAB Ventures and David Fairman,… Read more »

News & Analysis

Investment management platform Jacobi raises $11 million for European expansion

- July 9, 2019 2 MIN READ

Jacobi co-founders Greg Knox, Tony Mackenzie, and Tanya Bartolini. Source: supplied   The Brisbane investment technology platform has raised AU$11 million from US investors  Client base includes sovereign wealth and retirement funds, and asset and wealth managers with more than $1.5 trillion in assets under management Expands internationally with launch of UK office to target Europe.   … Read more »

Opinion

The 4 pillars you need to build a successful business

- July 9, 2019 2 MIN READ

  It’s hard to build a successful small business – let’s get that out on the table right from the start.  The small business graveyard is littered with dead bodies of the hundreds of millions that dared venture before you, originally filled with crazy hopes, dreams and aspirations. These googly eyes most likely blinded them… Read more »

News & Analysis

SEEK just backed a $22 million Series C for people management startup Employment Hero

- July 8, 2019 2 MIN READ

Employment Hero co-founder and CEO Ben Thompson. Source: supplied The latest raise values the 5-year-old startup at more than $100 million SEEK, OneVentures, and AirTree Ventures contributed once again The funds will help facilitate strategic integrations with SEEK, and international expansion, as well as developing the “WorkLife Passport” product, which simplifies things such as super… Read more »

News & Analysis

Accenture is offering $20,000 prizes to emerging Australian and New Zealand businesses

- July 8, 2019 1 MIN READ

If your business is doing something cool, it could be worth $20,000 and give you the chance to rub shoulders with government and corporate leaders at the Australia New Zealand Leadership Forum (ANZLF). Consulting firm Accenture is backing the inaugural ANZLF Trans-Tasman Innovation and Growth Awards, which offers a $20,000 prize to each of four… Read more »

News & Analysis

Financial advisers are backing a crowdfunding campaign for an $11 million independent ratings startup

- July 5, 2019 3 MIN READ

Adviser Ratings CEO Mark Hoven and MD and co-founder Angus Woods. Source: supplied Sydney-based independent financial advice rating and data startup Adviser Ratings has turned to crowdfunding as it seeks to respond the banking royal commission’s findings into conflicts of interest in the sector. The Series A raise through equity crowdfunding platform Birchal launched publicly… Read more »

Opinion

Do scientists make good startup entrepreneurs?

- July 5, 2019 2 MIN READ

    All entrepreneurs face challenges bringing their ideas to market, and founders with an academic background are no different. However, this particular group of individuals – immersed in ground-breaking science and engineering-based research – must learn to shift their mindset from researcher to entrepreneur to succeed in the world of startups. Starting and scaling… Read more »

News & Analysis

PHOTOS: Hub Australia’s new co-working space in Melbourne’s first skyscraper

- July 3, 2019 2 MIN READ

Privately-owned co-working provider Hub Australia has opened its third Melbourne CBD space, Hub Parliament Station in Orica (formerly ICI) House on Nicholson Street. The 19-storey 1958 office tower was Australia’s first skyscraper. The Hub space is spread across three levels (16, 17 and 18) covering 2,757 square metres. Hub Parliament Station can fit more than… Read more »