Amp cofounders Cameron Priest and Patrick Barnes
Funding

Exit kings return with an 18-month-old ecommerce startup that just banked $28.5 million Series A

- September 12, 2023 2 MIN READ

The founders of TradeGecko and Advocately, Cameron Priest and Patrick Barnes, are back with a bang thanks to their new e-commerce startup, Amp, which has secured US$18.5 million (A$28.5m) in a series A, having only launched last year.  AMP is their solution for the challenge retailers face in using dozens of different apps to run… Read more »

POSConnex CEO Shanti Kumar Photo: snapix
Funding

Alex Waislitz’s Thorney Investment Group leads $11 million raise for ecommerce site

- August 10, 2023 2 MIN READ

Collingwood supporter and investor Alex Waislitz has led an $11 million raise via his Thorney Investment Group into an ecommerce startup that’s pivoted from being a surfboard rental business to underpinning retailers such as Patagonia. Five-year-old Awayco is a unified ecommerce solution that includes retail Point of Sale (POS), rental and appointments for retailers to… Read more »

Sans Drinks founder Irene Falcone
Business

Last drinks: Nourished Life founder’s latest startup, Sans Drinks, placed in administration

- July 25, 2023 2 MIN READ

Nourished Life founder Irene Falcone’s latest startup venture, Sans Drinks, has fallen victim to the challenging retail environment, with the business handed to administrators. Jirsch Sutherland partner Andrew Spring was appointed administrator of The Non Alcoholic Drinks Co Pty Ltd, trading as San Drinks, on July 17. Spring said it was “still early days in… Read more »

Gecko cofounders Ben Kennedy, Lal Birch and Cody Fisher-Peel.
Funding

Sydney’s new TechStars accelerator backs events rental startup Gecko in $350,000 pre-Seed round

- July 21, 2023 2 MIN READ

Event rental e-commerce platform Gecko has raised $350,000 in a pre-Seed round led by the NSW government-backed Techstars program in Sydney. Gecko is one of 12 startups selected for the inaugural Techstars Tech Central accelerator program, which got underway earlier this month. US investors Goodwater Capital and Launch House also backed the startups pre-Seed raise.  … Read more »

beer, drinks, friends, celebrate
Business

Online drinks retailer Hairydog buys BoozeBud from administrators

- May 30, 2023 2 MIN READ

Victorian alcohol delivery startup Hairydog Group has added rival BoozeBud to its portfolio, acquiring the company’s assets a month after the business was placed in administration. The terms of the deal were not disclosed by Hairydog says the acquisition will push its annual revenue above $75 million, delivering incremental profitability and reinforcing its position as… Read more »

The Chainsmokers
Funding

The Chainsmokers, Paris Hilton pile into $23 million Series A for expat Australian online shopping startup

- May 26, 2023 2 MIN READ

Paris Hilton and electronica duo The Chainsmokers have been added to the A-lister cap table of LA-based expat Australian startup Checkmate, which has raised US$15 million (A$23m) in a Series A. The round was led by GV (formerly Google Ventures), with support from DJ duo Alex Pall and Drew Taggart’s VC fund Mantis, plus several… Read more »

Brosa cofounders Richard Li and Ivan Lim.
Business

Airtree Ventures and Bailador-backed ecommerce venture Brosa hits voluntary administration

- December 16, 2022 2 MIN READ

Online furniture retailer Brosa is up for sale after the business was placed in voluntary administration this week. Richard Tucker and Michael Korda of KordaMentha were appointed Voluntary Administrators of the 8-year-old ecommerce company, which raised more than $7 million in venture capital from the likes of Airtree and ASX-listed Bailador Technology Investments. While Bailador… Read more »

Funding

All-in-one online shopping app Sortd takes home $1.26 million in pre-Seed cash

- December 5, 2022 2 MIN READ

Women-led ecommerce app Sortd has raised $1.26 million in pre-seed funding to help shoppers keep track of their wish lists. Sydney founders Jodine Wolman, 27 and Alexis Aaron, 26 have emerged from the Antler Australia accelerator program with backing from the VC firm and several private investors, including ELMO Software’s chief commercial officer Darryl Garber.… Read more »

After Hours

Shopping app Her Black Book launches cashback in time for Australian Fashion Week

- May 6, 2022 2 MIN READ

Premium shopping app Her Black Book has added cashback rewards to its platform ahead of Australian Fashion Week, which kicks off on Monday.  Her Black Book is the brainchild of Sali Sasi and Julie Stevanj, the sisters behind Stylerunner. The pair announced their latest entrepreneurial venture last October, and in February, raised $1.6 million in Seed… Read more »

Funding

Insight Partners backs ‘hype commerce’ startup EQL in $25 million raise

- April 12, 2022 2 MIN READ

Melbourne “hype commerce” startup EQL has raised A$25 million to help retailers manage the launch of high demand products. The round was led by New York software investor Insight Partners and local VC AirTree Ventures. Other backers include market leaders in digital commerce, platforms and fan engagement including Guillaume Pousaz’s Zinal Growth, Harry Stebbings’ investment… Read more »

Julie Stevanja & Sali Sasi
Funding

Stylerunner twins raise $1.6 million for their new shopping startup, Her Black Book

- February 28, 2022 2 MIN READ

A new shopping app developed by the twin sisters behind Stylerunner has raised $1.6 million in seed funding. The round was led by former banking exec Andrew Hagger, CEO of Fortescue founder Andrew Forest’s family investment firm, Tattarang and his charity arm, the Minderoo Foundation, supported by ASX-listed Touch Ventures, plus others. Sisters Sali Sasi… Read more »

Liam Millward
Funding

Blackbird, Zip’s Larry Diamond and Steve Baxter’s TEN13 back two teens with a fintech startup in a record $2.2 million seed round

- February 2, 2022 2 MIN READ

Two Brisbane teenagers tackling the ecommerce problem of abandoned carts for online sales have raised $2.2 million in the pre-seed funding for their fintech startup. Liam Millward, 18, and William Gao, 19, founded Instant in April 2021, to build the world’s simplest checkout experience. The record pre-seed raise, the country’s biggest, was led by Blackbird,… Read more »