Funding

Techboard’s annual funding report finds Australian startup investment bucked the global downward trend

- October 2, 2020 3 MIN READ

FY20 startup funding nearly $7 billion Private investment almost doubled to $4.48bn Blackbird led Australian VC investors with 14 deals worth $490m More than 700 Australian startups have received nearly 900 rounds of funding from around 400 investors during the 2020 financial year according to the latest annual funding report by data analysis company Techboard.… Read more »

Venture Capital

Impact Investment Group launches $70 million ‘alternatives’ fund 

- September 15, 2020 2 MIN READ

Impact Investment Group (IIG) is on the hunt for $70 million from wholesale investors for a new fund targeting sustainable and socially conscious startup investments.  IIG CEO and co-fund manager Daniel Madhavan said the Impact Alternatives Fund will be a mix of investments, including renewable energy infrastructure such as solar farms, impact private equity, venture… Read more »

News & Analysis

TURNBULL ON TECH: His investment strategy, supporting startups & cybersecurity

- August 18, 2020 2 MIN READ

Former Prime Minister Malcolm Turnbull says Australia’s startup sector has an “exponential benefit” and “spillover effect” for the economy that other industries can’t match, and governments need to do more to support startups. Speaking to the Startup Daily show on ausbiz, the tech entrepreneur turned politician and now tech investor and Kasada board member said industry… Read more »

News & Analysis

Here’s what startup founders and investors are saying about the future of VC funding after a massive start to 2020

- August 11, 2020 4 MIN READ

Startup investment in Australia hit new highs in the first six months of 2020, according to KPMG’s Venture Pulse report, but what does the reality of the raw numbers look like on the ground? KPMG’s Venture Pulse report found a jump of nearly 50% in venture capital investment compared to 12 months ago, reaching US$944.7 million… Read more »

News & Analysis

Investment group Sydney Angels just gave 3 startups a $2.4 million boost

- May 26, 2020 2 MIN READ

Sydney Angels, the 100-plus member investment group backing early stage startups, has sent a strong signal to founders with good ideas, announcing $2.4 million in total investment across three tech startups. The three ventures are: Trendspek, a Sydney software ventures that converts drone footage of critical infrastructure that’s difficult to inspect for maintenance, such as… Read more »

Opinion

How paying for a ‘gap year’ for young people to work in startups is a better bang for taxpayer bucks after Jobkeeper

- May 25, 2020 4 MIN READ

If we want the best bang for our economic stimulus buck, we need young workers in startups  As we crawl towards our new definition of ‘normal’, one thing that’s become clear is that ‘recovery’ from COVID-19 isn’t a single goal; it’s a thousand small wins we will need to reach at different speeds.  Despite the… Read more »

Insights

ACS Past President Yohan Ramasundara on how tech can respond to covid-19 and why ongoing investment matters

- May 19, 2020 3 MIN READ

  Yohan Ramasundara is an entrepreneur – the co-founder of Beta Launch and ISKOLE – and the Immediate Past President of ACS, the professional association for Australia’s technology sector. After two years helming ACS through one of the most productive eras for the local tech industry, Startup Daily asked him for his views on the… Read more »

News & Analysis

Appreci, a Queensland startup that lets you shout colleagues a coffee, is going global

- April 23, 2020 2 MIN READ

  Coffee break shout app Appreci, which lets colleagues buy each other cafe beverages, has a new backer, with Sydney-based Lakeba Group, which specialises in commercialising technology startups, taking a 35% stake in the gratitude platform to help it scale globally. The $430,000 investment is timely for the Queensland-based startup, which has 59 corporate customers,… Read more »

Opinion

FinTech Australia says government should invest directly in the sector to create a startup boom

- March 5, 2020 4 MIN READ

FinTech Australia managing director Rebecca Schot-Guppy appeared before the Senate Select Committee on Financial Technology and Regulatory Technology last week. The committee is investigating the potential and opportunities in FinTech and RegTech for Australian business and consumers and initiatives to promote startups in the sectors. The committee is due to hand down its final report in… Read more »

News & Analysis

Overseas investors are increasingly important to Australia’s venture capital market

- March 2, 2020 < 1 MIN READ

Overseas investors are playing an increasingly important role in Australia’s venture capital support for startups according to new data from the Australian Bureau of Statistics (ABS). While the latest figures, which date to the end of the 2019 financial year, show a 1% fall in the value of commitments – the capital pledged by investors… Read more »

News & Analysis

7 charts on the state of VC investment in Australia

- September 3, 2019 3 MIN READ

Ian Gardiner has been working with the Australian startup ecosystem for more than 15 years co-founder of Innovation Bay, helping entrepreneurs network, raise capital and collaborate. But even the startup veteran admits that despite the millions raised in seed funding and the thousands of entrepreneurs he’s met and worked with over that time, little was… Read more »