Merchandise data startup Flagship has raised $2 million in a Seed round to help retailers to make better data-based decisions of maximising product appeal for in-store shoppers The round led by Sydney VC Tidal Ventures, with support from Afterpay’s billionaire cofounder Nick Molnar, backing his brother Simon’s startup play. Macdoch and Co Ventures, NRL player Luke… Read more »
If you’re a startup founder, there’s a pretty good chance you’re using Google Ads, Facebook Ads or Linkedin Ads to help grow your business. But if you’re relying on the built-in reporting tools within those ad platforms to track how many clicks and conversions you are getting, that data is about to get a lot… Read more »
As a victim of data breaches from well-known Australian companies, I have come to realise the importance of cybersecurity. It is alarming to see that even after such data breaches, banks and utilities still ask for personal information that is publicly available and already compromised. This makes one wonder if these companies are doing enough… Read more »
Australian politicians have another way to brag about the nation being a global leader, although they probably won’t – it’s all about being a surveillance state. A new report on data surveillance from VPN provider Surfshark, reveals that government requests for user data from big tech companies by local law enforcement and other agencies are four… Read more »
Australian businesses are on notice. The gender pay gap within large Australian companies will be made public under legislation introduced this week by the federal government. The Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023 was introduced to the Senate by Minister for Women Katy Gallagher on Wednesday afternoon. Under the legislation,… Read more »
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 »
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 »
DataFarming cofounder Tim Neale has been at the forefront of precision agriculture for more than two decades. In that time, he’s seen the shift from being out in the field physically taking measurements and making observations to a digital revolution. But until now, the update in big data use for greater productivity has been slower… Read more »
What if your insurer was tracking your online data to price your car insurance? Seems far-fetched, right? Yet there is predictive value in the digital traces we leave online. And insurers may use data collection and analytics tools to find our data and use it to price insurance services. For instance, some studies have found… Read more »
A wealth of continuous data, and the networked expertise to crunch it, has enabled South Australia to be at the forefront of AI research in preventative health. A group of research labs in Adelaide, South Australia has recently begun using a wealth of health data provided by SA Pathology to determine ways to use Artificial… Read more »
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 »
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 »
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 »
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 »
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 »
Job-ready sales talent edtech Earlywork banks $1.5 million Seed round 
Antler Investor Memo Series: Jason Calacanis-backed Stori is democratising game development 
Sweat re-equity: Bikini Body founders Kayla Itsines and Tobi Pearce buy back their fitness app 
Smells like keen spirits: Sophisticated Cocktail Co. founder on ‘a wild 3 years’ building her drinks empire 
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