Multitudes, a software platform to manage and improve culture and performance, has raised NZ$2.4 million (AU$2.2m) in a seed round to build their beta product. Blackbird Ventures led the oversubscribed round alongside former Reddit CEO Ellen Pao, and Culture Amp co-founder Jon Williams. Multitudes uses workplace data to give managers insights and coaching to create… Read more »
The last few months have demonstrated the kind of volatility we can’t exactly plan for, but for which we can and should prepare. The impact of Covid-19 is multi-faceted, and a collective effort is called for to come out the other side. And there will be another side. In fact, right now, while many might… Read more »
Business telecom startup Spoke Phone has raised $6.7 million in Series A funding, led by Sydney private VC firm Marbruck Investments, supported by New Zealand-based Icehouse Ventures and Sir Stephen Tindall’s K1W1 fund. Spoke Phone seeks to do away with the office desk phone, with a cloud-based, mobile-first strategy and is the only venture… Read more »
Sydney-based Wattcost has developed a consumer-friendly IoT device that slaps on a homeowners powerbox and allows them to track their energy usage.
Wildlife fundraising platform Edge Pledge takes celebrities out of their comfort zone to raise funds for wildlife preservation
Looking to help prevent extinction of our beloved animals is Australian social enterprise startup Edge Pledge. The startup is on a mission to raise money for wildlife edging closer to extinction through a unique challenge generator web-app.
Silicon Valley group payments startup Tilt has launched in Australia following a US$67 million raise from Facebook’s founding president Sean Parker and VC firm Andreessen Horowitz.
It’s never been easier to ask for money on the internet, with new crowdfunding platforms seemingly popping up every week. However, while the average crowdfunding platform makes it easy for people to fund the creation of cool new apps and gadgets we don’t really need, others try to raise money for good causes. One such platform is Celly Fundraisers.
Australian startups’ fetish with fundraising is the French Bulldog equivalent of artificial insemination
Our local fetish with funding rounds are the French Bulldog equivalent of artificial insemination. We are keeping companies alive that perhaps should not be around. With over 100 incubators in the country, we are fast reaching saturation point for synthetically created companies.
Paul Bennetts from AirTree Ventures responds to an article Startup Daily’s editor Tas Bindi wrote titled “Are the deal terms that Australian VCs ask for actually ‘unfair’ to founders?”
Australian VC funds open source their legal documents to help startups save on legal fees when raising capital
Australian venture capital firms, angel groups, incubators, accelerators and other industry stakeholders have pledged to open source the legal documents used in their seed fundraising processes. Industry-wide standardised fundraising documents can now be downloaded via AVCAL’s website and used during early-stage equity investment rounds.
Sydney-based venture technology investor and startup incubator, BlueChilli has today announced it has closed AUD$5 million in investment, which will help the firm continue in its path to grow and strengthen Australia’s startup sector. The latest round of funding was led by Australian business icon The Myer Family Investments, as well as Adelaide-based tech entrepreneur and founder of Internode Simon Hackett.
San Francisco-based marketing automation startup, Autopilot, has just secured $10 million in their Series B capital-raising round, led by Rembrandt Venture Partners.
We live in a culture of immediacy. The demand for instant results has seeped into every aspect of our lives – so much, that we don’t have the patience to wait for a sandwich or taxi, let alone business growth and profitability. Is it the same for late stage capital access in Australia? Sure we want it but do we need it yet?