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.
Follow[the]Seed to invest $50 million into Australian startups, using data-driven algorithm to identify opportunities
Data-driven VC fund, Follow[the]Seed is investing $50 million into Australian startups that are seeking to raise between $500,000 to $2 million in post-seed funding. The Sydney-headquartered fund, which also operates across San Francisco, Tel Aviv and Beijing, will be using its proprietary algorithm RavingFans to identify key investment opportunities.
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.
San Francisco-headquartered crowdfunding platform Indiegogo has today announced the launch of Indiegogo Life, a personal fundraising platform that enables people to raise money for emergencies, medical expenses, celebrations or other life events, without paying any fees to Indiegogo.
Home intelligence startup Ninja Blocks has today announced a USD$700,000 capital raise. The news follows a successful Kickstarter crowdfunding campaign completed in January through which the startup raised a little over $700,000, more than six times its pledged amount. Investors in the latest fund round are both local and international, and include SingTel Innov8, Blackbird Ventures and 500 Startups.
Following hot on the tails of Australia’s latest startup trend, Question-and-Answer based social network Spring.me has today announced its plans to list on the Australian Securities Exchange (ASX), and raise a further $3 million to $5 million in the upcoming weeks through institutional investors.
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.