Software-focused venture capital firm EVP has closed its fourth fund after hitting its $100 million final target. The business-to-business (B2B)-focused VC now has more than $270 million in funds under management amid more than 40 early-stage startup investments in software companies in Australia and New Zealand, including Ignition, Deputy, Shippit and Hnry. The sole trader… Read more »
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.
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?