Merchandise data startup Flagship has raised $2 million in a Seed round to help retailers to make better data-based decisions of maximising product appeal for in-store shoppers The round led by Sydney VC Tidal Ventures, with support from Afterpay’s billionaire cofounder Nick Molnar, backing his brother Simon’s startup play. Macdoch and Co Ventures, NRL player Luke… Read more »
Venture capital investors aren’t the only ones burnt by the collapse of upmarket furniture retailer Brosa, with customers left around $5 million out of pocket on products they paid for but didn’t get, a report on the startup’s finances by administrators, KordaMentha, reveals. Brosa was placed in Voluntary Administration on December 14 with assets of… Read more »
Peak retail group, the Australian Retailers Association (ARA) has formed a partnership with clean-tech startup Greener to help retail and hospitality small businesses move towards net-zero emissions. The deal will see them co-design a new digital solution, Greener Business, to help ARA members understand and prioritise the steps they can take to reduce their carbon… Read more »
A new e-commerce venture originally developed by Catch Group founders Gabby and Hezi Leibovi’s has scored a record $30 million from the Commonwealth Bank prior to its launch. CBA’s taken a 23% stake in Little Birdie, valuing the business at $130 million before the online retail deals marketplace has sold a single product. The Melbourne… Read more »
Pioneering presence detection technology company Foresense Technologies Ltd is preparing to list in 2021 having recently raised more than $2.7 million in equity capital. The company will use the funds the roll out of digital sensors across Australian and international bricks and mortar retail outlets as it seeks to connect the virtual world to the… Read more »
Designerex co-founder Kirsten Kore As a woman in the tech industry, you may find yourself being the only one in the crowd. One of the first things I find myself doing when I walk into the conferences and meet-ups, is look around to find my fellow female founders. Thankfully, there are more and more of… Read more »
The City of Sydney has partnered with Investible to run a Retail Innovation Program, an accelerator program aimed at helping traditional bricks and mortar retailers get online.
Founded by husband and wife team Emma and Joel Inteman, ShopShare is a shoppable video platform aiming to help content creators give shoppers advice.
Intelligent merchandising platform Insite AI has raised $1.8 million (NZ$2 million) in a funding round led by New Zealand firm Goat Ventures and landed a pilot with Chemist Warehouse.
Slyp, which allows merchants to send a customer’s receipt directly to their banking app, has raised $2 million in a seed funding round led by NAB Ventures.
Looking to help bricks and mortar retailers provide customers with a seamless ominchannel experience is Melbourne startup Brauz, founded by Lee Hardham and Rajesh Yeluri.
A few months on from launch, food and beverage company Coca-Cola Amatil has announced the first investment by its Amatil X arm, with the corporate venture platform taking a 20 percent stake in Australian startup Doshii.
ShopBack is an online loyalty program of sorts, giving shoppers cash back for purchases made from partner retailers through its platform.
As the retail sector waits for Amazon to launch its Prime service down under, eBay has today announced the launch of its own membership program, eBay Plus, in Australia.
Despite being a millennial in her mid-20s, I rarely buy clothes online. A jacket here, a jumper there, perhaps, but I don’t often go beyond that, usually because the choices are too overwhelming and I’m never convinced that what looks good on the screen will actually look go on me unless I can try it… Read more »
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