AngelList, the social network of sorts for startups, has announced that startups raised over $100 million from investors met through the site in 2014.
Entrepreneurs Al Bentley and Nick van den Berg were just as lost when trying to decode the stock market enigma, which is why they decided it was time for a startup-style intervention. Launched last month, their FinTech startup Simply Wall St was designed to make the stock market easier to navigate for Gen-Y investors who are new to the game.
Presentation software startup Prezi has today announced that it has raised an additional US$57 million in investment from Spectrum Equity and Accel Partners, taking total capital raised so far for the startup to $71.3 million. The latest round of funding is a major step forward for Prezi and will help accelerate the company’s global growth plans.
Australian ecommerce software startup Bigcommerce has announced today that is has closed a $50 million Series D funding round led by Softbank Capital – taking total capital raised to $125 million.
A new startup DataFox has emerged, offering what appears to be a holistic and automated solution that allows investors to make better investment decisions. Google Ventures Partner Dave Munichiello even said that DataFox “is well positioned to help foster a new era of transparency in the world of private-company data.”
Catcha Group is about to invest up to $100 million into high growth stage startups in South East Asia
Yesterday, Catcha Group announced the launch of Catcha Ventures, its investment arm which will focus on funding high growth new media, technology and mobile companies in the South East Asian region. In a media release, the company stated it would invest between USD$50 to $100 million in chosen companies over the next three to five year period.
In August this year, rumours spread across the Asia Pacific that the Indonesian Government was planning on adding ecommerce stores onto the country’s ‘Negative Investment List’.
Atomic Sky secures second round of funding from high profile investor, triples its investment opportunities
Perth-based startup incubator and accelerator, Atomic Sky, recently announced that is has raised a second round of financing from a high profile local investor. Andy Lamb, Co-Founder of Atomic Sky, told Startup Daily that it was a “significant six-figure sum”, but remained tight lipped about who the investor is.
Two young blokes from Melbourne met whilst studying at Australian National University (ANU) together in Canberra. They were both computer science and business graduates with a passion for sports, which seems fitting as to why they would go on to creating a mobile sports gaming company.
Everyone keeps calling bellabox a beauty box company. It’s not. bellabox is a media company, no matter how you slice and dice it. That is why an investment from one of Australia’s fastest growing media companies makes perfect sense.
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.
Alex Turnbull, son of Federal Minister for Communications Malcolm Turnbull, may be setting an example of how Australians can work with their Asian counterparts. The Sydney Morning Herald reported today that Alex Turnbull is planning to launch a Singapore-based hedge fund, Keshik Capital, which will be “focused on Asia with the flexibility to invest globally”.
In order to bring revenue, every startup needs to have a solid financial backup provided by investors. Before planning your budget and handing it down to people that might be interested in financing your idea, it’s worth taking a moment to rethink your strategy to ensure your prospective funds are used as efficiently as possible.
Aussie startup Expert360 has raised an impressive $1 million in investment capital, a number exceeding the founders’ expectations. The funds will be used to continue its full-scale commercial rollout and global expansion, with sights set on the huge and growing $30 billion market opportunity.
For over two decades, Australian technology entrepreneur Ron Creevey has been sprinting from business to business with one destination in mind – innovation, which is transient by its very nature.