Other
NSW is leading the sportstech scene when it comes to funded ventures
Looking at sportstech startups that have received funding since 2015 and where they have come from, NSW ranks highest for the most activity.
News & Analysis
Melbourne HR software company PageUp raises funding from Battery Ventures
Melbourne HR software company PageUp has raised a “significant” round of funding from global venture capital firm Battery Ventures.
Brains Trust
Traction, revenue, and the importance of sustained growth for startups looking for funding
In reality, traction is not everything. In fact, especially to an investor, your history of growth is equally important and can even make or break a prospective investment deal.
News & Analysis
South Australian government selects Blue Sky Venture Capital to manage $50 million VC fund
The South Australian government has announced it has selected Blue Sky Venture Capital to manage its $50 million South Australian Venture Capital Fund (SAVCF).
Brains Trust
How to spread your risk as an angel investor
All investment is about risk and reward. The higher the risk, the higher the potential reward – and, of course, the potential for failure.
News & Analysis
Customer intelligence startup Local Measure raises $4.5 million to expand across the US and Middle East
Sydney customer intelligence platform Local Measure has raised $4.5 million in funding from private investors and family offices to help expand across the US and the Middle East with new offices in Los Angeles and Dubai.
News & Analysis
Activision Blizzard acquires Major League Gaming; Silvercar raises $28 million in Series C round led by Audi; Toast raises $30 million
Despite it being only the first week of January, it has been a busy week around the startup world. Intel has acquired Ascending Technologies, while Activision Blizzard has acquired Major League Gaming to bolster its live streaming offering. Meanwhile, airport car rental startup Silvercar has raised $28 million in a Series C round led by Audi, and restaurant POS startup Toast has raised $30 million.
Brains Trust
Australian startups’ fetish with fundraising is the French Bulldog equivalent of artificial insemination
Our local fetish with funding rounds are the French Bulldog equivalent of artificial insemination. We are keeping companies alive that perhaps should not be around. With over 100 incubators in the country, we are fast reaching saturation point for synthetically created companies.
Profiles
Australian VC funds open source their legal documents to help startups save on legal fees when raising capital
Australian venture capital firms, angel groups, incubators, accelerators and other industry stakeholders have pledged to open source the legal documents used in their seed fundraising processes. Industry-wide standardised fundraising documents can now be downloaded via AVCAL’s website and used during early-stage equity investment rounds.
News & Analysis
I mean, Reddit Notes sounds bloody confusing doesn’t it
Alexis Ohanian, a co-founder and the executive chairman of Reddit, says Reddit Notes aren’t quite a currency. Instead, he says, consider one: “something of value, like sugar or gold or bacon.”
News & Analysis
There is a reason why investors don’t unsubscribe from Mattermark’s subscriber list
Overnight, it was announced that Mattermark has closed a US$6.5 million Series A funding round.
Profiles
Invoice2go just closed USD$35 million in late stage funding lead by Accel Partners
Ten years ago, Chris Strode, Founder of Invoice2go, was living with his in-laws working full time and writing code from a desk set up in the bedroom. A lot has changed since then, his company employs 45 staff and services, and now has over 120,000 active users that send out of $10 billion worth of invoices, according to Strode when we sat down for a chat at Startup Daily yesterday.
Profiles
There is a very simple reason why Allure Media just put $6 million into bellabox
Everyone keeps calling bellabox a beauty box company. It’s not. bellabox is a media company, no matter how you slice and dice it. That is why an investment from one of Australia’s fastest growing media companies makes perfect sense.
News & Analysis
Winner of The Big Pitch ECAL secures $2M in funding from Oxygen Ventures
After winning Oxygen Ventures’ inaugural The Big Pitch competition, ECAL, the Melbourne-based ‘precision marketing’ platform for events, has secured $2 million in funding. ECAL tied in with WeTeachMe at the competition which was held on the 17th of June in Melbourne.
Profiles
Transaction and SaaS sectors seems to be the investment sweet spot for 2014
Australia currently holds fourth spot when it comes to investments made into Asia Pacific region startups in 2014.
That record is currently held by Sutherland Shire headquartered Campaign Monitor, founded by David Greiner and Ben Richardson.
