Melbourne-based online art marketplace Redbubble has raised $15.5 million in its latest capital raise, with the company looking to use the funds to push its international expansion.
CapitalPitch is a new equity investment platform for startups looking to raise a Series A, but it also has an education element
Australian founders have long expressed a longing for an investment environment that supports startups throughout the entirety of their lifecycle. Seed capital and Series A funds are now easier to raise compared to five years ago, however only a small percentage of startups make it to Series A.
Lodgify just raised €600,000 in seed funding. What made Australian investors support this European startup?
It was announced yesterday that Lodgify, a startup that allows users to create their own vacation rental sites closed a €600,000 (AU$844,646) seed round led by angel investor Chris Hitchen, who also happens to be a venture partner at Square Peg Capital’s office in Germany, as well as Howzat Partners and Venrex Investment Management.
The Internet DealBook report for Q1 2015 shows that total deal value grew 41 percent in the Asia Pacific region over the last 12 months. The ‘Transactions’ sector experienced the greatest growth, though interest in Games and Hardware & Infrastructure has dropped drastically.
It was announced this morning that Sydney based startup Airtasker has raised a further $6.5 million in capital in order to ramp up its product development, engineering efforts and customer support services, as well as prepare for a number of ‘large scale projects’ that will take place later this year.
Canva announces additional $6 million funding as it prepares to take on Adobe and Microsoft with ‘Canva for Work’
Online design platform Canva, founded by Melanie Perkins, Cliff Obrecht and Cameron Adams, has just announced that it has taken on an additional $6 million in its third round of funding, bringing the total amount raised by the Sydney startup to $12 million.
Over the last six weeks the number of horror stories about companies not achieving the funding they should reasonably expect has led me to grab the pen on this early Sunday morning. Below you’ll see the top FIVE mistakes that commonly trips up the best laid plans of mice and men!
Indian startup Freshdesk has just announced a $50 million Series E round and plans to expand its operations in Australia.
It missed out on buying Freelancer, but Recruit Holdings now has a piece of 99designs, leading its $10 million Series B round
Australian founded graphic design marketplace 99designs has just announced the closing of a $10 million Series B round led by Recruit Strategic Partners, the Silicon Valley-based venture capital arm of Japan’s Recruit Holdings Co.
500 Startups is doing something novel in reaction to the mythical Series A crunch. Instead of whining about it or writing some grandiose blog post about whether or not there actually is a growing trend of seed stage companies not being able to get funding, the micro VC/accelerator is actually taking action. [Source: Pando.com]
Yesterday afternoon, crowdsourced security testing startup Bugcrowd announced in a blog post that it had closed a $6 million Series A round of funding. This brings the total amount of funds raised to date to $9 million since the company was founded in 2012.
In an exclusive event hosted by the Young Entrepreneurs Society and the University of Sydney Union, co-founder of mobile technology startup Snapchat, Evan Spiegel will participate in a student only interactive session at the USYD campus next Monday evening.
There are a few mantras that Burston has integrated into the Rare Bird culture such as ‘If she can, I can’ and ‘You’ve got to see it to be it’ – but for me the stand out attitude is this concept of ‘Think Big, Ask Big’.
The most interesting thing about Scutify in my opinion is the fact that in the last year it has raised two rounds of seed funding and at the time, nobody caught a whiff of it.
Crowd Mobile, a global crowdsourced micro-job business, has raised $2 million in its latest funding round and acquired UK text and answer service Any Questions Answered.