The University of Queensland has this week opened its Idea Hub, a coworking space designed to help entrepreneurial students grow their early-stage ideas.
NAB has partnered with healthtech startup Medipass Solutions to develop a new healthtech platform that will integrate the bank’s HICAPS system.
TheCarTest is a Melbourne startup offering a platform where users can sign up for a week-long test drive of a car they’re interested in.
Hunter Walk, early-stage investor at Homebrew, approached Anne Dinneen, CIO of Hamilton College, about how VCs evaluate venture partnerships. She said “assembling managers with different backgrounds can contribute to a more diverse set of perspectives and hence investment opportunities”. [Source: Hunter Walk Blog]
Tensions can arise when wealthy individuals known as angel investors, believe they “have a right” to be involved with the management of a startup, because their money is at stake. [Source: Wall Street Journal]
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.
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.
Australian taxi services app Ingogo today announced an additional $1 million in funding, reaching a total of $3.7 million raised since its launch in 2011. The new investment will be used to expand ingogo into new markets across Australia and internationally.
BuyitRideit is an online platform dedicated to all things action sports. The site provides customers with great deals and expert advice, also allowing them to connect with retailers who are promoting their business, products and services on BuyitRideit’s rapidly growing marketplace.
In just 15 months since its launch, Health.com.au has experience phenomenal growth. Their disruptive approach to product, process and service has seen the company sign up over 40,000 members and deliver revenues of AUD$46M in their first year of operation.
Sydney’s most innovative technology companies, coworking spaces and incubators are opening their doors for the community to get an exclusive glimpse of what happens behind the scenes.
A new mobile app, i-Interact, was launched on Friday to help publicly listed businesses to maximise their investor reach. The app was created by Interactive Investor, Asia-Pacific’s specialist Online Investor Communications Company to meet increasing investor demand for smartphone apps. Research conducted by Interactive Investor reveals that 36.4 percent of retail investors would use an… Read more »
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