Welcome to Tuesday. Here’s what we’ve spotted 1. Amazon VP resigns over company’s treatment of workers As exit interviews go, engineer Tim Bray’s observations on company culture and he resigned from Amazon last week are a doozy. The Canadian vice-president of Amazon Web Services and respected engineer resigned his US$1m+ job after five years and… Read more »
Car Next Door co-founder and CEO Will Davies Automotive giant Hyundai has doubled down on its support for vehicle -sharing marketplace Car Next Door, which lets people rent out the cars, investing another $6.2m in the venture in the hope that more people will buy more of the South Korean manufacturer’s products to rent out.… Read more »
The old adage that it’s not what you know but who you know may be a cliché, but like many a cliché it’s grounded in truth – particularly for Startups, where the power of relationships and networks can be key to winning a key client, brokering a partnership, or raising funding. So it was for… Read more »
Peer-to-peer car sharing network Car Next Door has closed a $5 million Series B round, with the round comprising investment from existing backers Caltex and Investible and a portion raised through equity crowdfunding platform Equitise.
Having raised $2.3 million from investors including existing backers Caltex and Investible, car sharing startup Car Next Door is opening up the rest of its Series B round to users, taking to crowdfunding platform Equitise to raise a minimum of $500,000.
Melbourne startup Carhood offers free parking to customers who are travelling interstate or international to overcome high airport fees and make use of unused vehicles.
River City Labs to host hackathon with Bank of Queensland to find new solutions for banking customers
River City Labs and the Bank of Queensland (BOQ) are set to host the inaugural BOQ Hackathon in the hopes of finding new solutions for its banking customers.
Car Next Door closes $1.1 million round led by Elevation Capital as it aims to be dominant player in the peer-to-peer vehicle market
Car Next Door, founded by Will Davis is a peer-to-peer car sharing platform. It is based on the premise that there are millions of people that have cars they hardly use and there is equal the amount of people that don’t really want to own a car, but occasionally would like to use one.