Funding

Investible plants $500,000 in pre-Series A for Queensland agtech startup DataFarming

- November 7, 2022 2 MIN READ

Queensland agtech startup DataFarming has raised $500,000 in a pre-Series A round led by Sydney VC Investible. Cofounded in 2017 by serial entrepreneurs Tim and Peta Neale, DataFarming help unlock the value of farm data for agronomists and farmers. The business services more than 120,000 paddocks across 28,000 farming enterprises – 40% market penetration in… Read more »

cyber hacking
Politics

The Optus data breach shows why Australia needs mandatory disclosure laws

- October 20, 2022 3 MIN READ

The Optus data breach, which has affected close to 10 million Australians, has sparked calls for changes to Australia’s privacy laws, placing limits on what and for how long organisations can hold our personal data. Equally important is to strengthen obligations for organisations to publicly disclose data breaches. Optus made a public announcement about its… Read more »

Soccer
Advice

Decryption at scale: managing the data deluge in sports

- November 8, 2021 5 MIN READ

Marc Andreessen’s prophetic declaration that ‘Software is eating the world’ turned out to be spot on with its prediction of how industries have been impacted by the sudden emergence  of consumer-oriented technology. While it is common to be looking at technology’s disruptive effects on physical businesses, there are other industries that have adopted technology in… Read more »

Cooper Darling-Blair
Funding

Government relations data startup GovConnex raises $1 million as it looks to UK and NZ markets

- October 18, 2021 2 MIN READ

GovConnex, a political intelligence and relationship management platform, has raised $1 million in a round led by local VC Black Nova. The funds will be used to scales platform to organise all of Australia’s government data amid plans to expand internationally by the end of 2021.  The GovConnex platform, which launched in 2019, captures information… Read more »

Other tech

Australia’s agriculture sector is banding together to build a supply chain data exchange

- September 15, 2021 2 MIN READ

A consortium of leading agrifood stakeholders including government, industry groups and research organisations are collaborating to build a better picture of  the nation’s agriculture supply chain through a new data-based project. The Australian AgriFood Data Exchange (AAFDE) is being designed as an open data platform controlled by users to improve collaboration up and down the… Read more »

Funding

New Zealand AI insights startup Yabble raises $3 million for Australian expansion

- September 8, 2021 2 MIN READ

New Zealand data insights startup Yabble has raised NZ$3 million (A$2.9m) as it looks to expand into Australia and then the US. The AI company’s second raise was led by Hillfarrance among existing investors that include Movac, New Zealand Growth Capital Partners, Enterprise Angels, and other Angel networks, and high-net-worth individuals. Co-founders Kathryn Topp and… Read more »

Data republic, Paul McCarney
ASX

ASX-listed software security company IXUP is buying Data Republic’s $50 million tech platform for $3m

- June 7, 2021 2 MIN READ

ASX-listed data security company IXUP Ltd (ASX:IXU) has scored a software bargain from the administrators of failed tech startup Data Republic, buying the data exchange’s intellectual property and IT for just $3 million. The purchase price represents a 94% discount to the almost $50 million Data Republic spent building the platform. The acquisition came from… Read more »