Business and finance streaming service ausbiz has taken on its first venture capital, with Brisbane’s Sprint Ventures backing the two-year-old startup. Sprint joins a recent round with the capital earmarked towards the development of a new video platform, creating smarter ways for ausbiz subscribers to connect with investment information, ideas and opportunities. Launched just as… Read more »
Crypto currencies are finally being taken seriously by institutional investors, with the likes of BlackRock recently announcing that it had begun investing in Bitcoin. The original crypto might have crossed the US$55,000 level again this week, but Roger Montgomery, Chairman and CIO at Montgomery Investments says he still needs more convincing and is yet to hear a… Read more »
Thorney Technologies (TEK) saw H1 revenues and profits rise across both TEK and the long-only Thorney Opportunities Fund (TOP), with an 80 cent interim dividend announced by the latter. Speaking to ausbiz.com.au, CEO Alex Waislitz said Thorney invests in both listed and unlisted tech assets across Australia and North America. “Fintech… we’re in life sciences,… Read more »
Digital lending and payments provider WLTH has opened $5 million seed funding round. The Brisbane-based fintech will use the funds to accelerate the growth of its proprietary technology platforms, ahead of the upcoming launches of its B2C payments app ‘WLTH Pay’ and loyalty program ‘WLTH + Loyalty’, as well as make key hires for its… Read more »
Like the hospitality industry itself, Sydney startup SHFTHero was forced to pivot soon after it launched and the restaurant industry was shut down by the pandemic. The tech business set out to help the hospitality and events sector with casual staff . After an initial roll out of the staff sharing app in 2019, had more… Read more »
ShineHub, a solar energy startup, has launched Australia’s first choose-your-own-retailer virtual power plant (VPP), giving homes with a battery the chance to make more money supplying electricity when it’s needed most. Co-founder Alex Georgiou said ShineHub set out to reduce the complexity, confusion and financial barriers for access to solar and battery solutions and joined… Read more »
The UNSW Founders has invested $140,000 in seven startups as part of its 2020 10x Accelerator program, currently under, albeit remotely in the covid-19 era, through the University of NSW. David Burt, Director of Entrepreneurship at UNSW, said the 2020 cohort ranges from a robotic gripper that mimics human dexterity, to a mobile docketing system… Read more »
Former Prime Minister Malcolm Turnbull says Australia’s startup sector has an “exponential benefit” and “spillover effect” for the economy that other industries can’t match, and governments need to do more to support startups. Speaking to the Startup Daily show on ausbiz, the tech entrepreneur turned politician and now tech investor and Kasada board member said industry… Read more »
Cybersecurity firm Cynch Security says small business owners can take some simple measures to be better protected from the rising tide of scammers and hacks that have emerged in 2020. Susie Jones, co-founder and CEO of Cynch Security, said the number one scam targeting small companies involves fake invoice. The move to online means scammers… Read more »
On Tuesday’s Startup Daily show on ausbiz on Tuesday, regular guest Ben Chong from Right Click Capital explored lean startup theory and the ideas developed by its founding father, Steve Blank. In Ben’s most recent column for Startup Daily about building lean and keeping customers keen, he outlined the four stages to getting a startup off… Read more »
Are you watching the “hour of power”? That’s how guests have described every weekday from 2-3opm on the Startup Daily show on ausbiz.com.au, when we cover the latest news in tech and startups. If you can’t make it then, you can always catch with what our guests had to say on demand via the… Read more »
Pathzero is a new startup out of the Antler Accelerator that helps small and medium-sized businesses understand their carbon footprint, set a path to carbon neutrality and share their climate commitment with confidence. They’ve designed a solution that is as effective as getting consultants in, but simpler and more affordable and can happen in a… Read more »
Andrew Paykel worked for more than two decades in his famed family business, the New Zealand whitegoods brand Fisher and Paykel, before deciding the time had come to spread his own wings as an entrepreneur. So in 2015 he set out to disrupt the travel industry with a startup that gives people the chance to… Read more »
One of the biggest challenges restaurateur Peter Petroulas faced over nearly two decades of running top restaurants at Sydney’s GPO, including Intermezzo, Postales and Prime, was organising to bookings to maximise the use of the dining spaces. Five years ago he decided to develop his own solution to the problem, knowing that existing booking platforms… Read more »
Technology is now a central weapon in the Trump administration’s self-professed “strategic competition” with China and the battle between the two giants has the potential to cause major problems for Australian tech companies according to Brendan Thomas-Noone, a research fellow at Sydney University’s United States Studies Centre. Thomas-Noone authored Tech Wars: US-China tech competition and… Read more »
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