In the first of a three-part series, I explore key areas for innovation in 2021 From remote working to a brave new world of digital healthcare, 2020 was another year where the impossible became possible through rapid advancements in technology. Necessity spurred tech companies to fast-track plans and use technology to solve problems that were… Read more »
This is the third part in a three-part series on startup growth by venture capital investor Benjamin Chong. Part 1 is here & part 2 here. Growth guru Paul Graham’s startup incubator Y Combinator cites a good growth rate at 5 to 7% per week and an exceptional growth rate at 10% per week. The… Read more »
This is the first part in a three-part series on startup growth by venture capital investor Benjamin Chong. Parts 2 & 3 will be published over the coming fortnight. The unemployment toll from COVID-19 was 600,000 in April alone, the largest one month increase on record. So concerning is this consequence of COVID-19 that the… Read more »
A growing number of start-ups are accessing venture debt to fund the growth of their business. With the primary appeal of limiting equity dilution, it’s easy to see why founders might jump on board the venture debt train. But venture debt has been linked to a number of collapsing startups both here and in… Read more »
Swoop Aero CEO Eric Peck trains health staff on how to load cargo into the drone. Photo: Luke Dempsey Melbourne-based drone startup Swoop Aero, which is working with aid agencies and the UN to deliver urgent medical supplies to remote areas, has received a multi-million-dollar investment from VC firms Tempus Partners and Right Click… Read more »
Bridges are said to be a monument to progress. For many start-ups, bridging rounds of capital are exactly this – a step towards success. They may not have been part of the original game plan, but they are often a necessity in the unpredictable world of entrepreneurialism. Reasons for a bridging round can be varied.… Read more »
We’ve all seen startups on the TV show “Shark Tank” eaten alive by potential investors for seemingly outrageous valuations. Often their pitches take an even more unforgiving turn when founders are unable to validate their numbers. But coming up with an attractive yet sensible valuation that appeals to investors is no mean feat. Of… Read more »
Pitches are difficult to get right. Despite all the blogs and material about how to perfect startup pitches, presenting to investors is still a challenging task. Founders often obsess over their pitch: from fine-tuning the value proposition to religiously following Guy Kawasaki’s 10/20/30 model, cramming as much as possible in their 20-minute pitch to… Read more »
GOFAR has created a device that, plugged into a vehicle’s diagnostic port, can track a driver’s performance, monitor the car’s health, and easily log mileage expenses via a connected app.
Founded by Dr Vaughan Shanks following his experiences working at the Australian Department of Defence and data analytics company Palantir, Cydarm is a cybersecurity incident response system.
HotDoc has raised $5 million in a Series B funding round led by Right Click Capital, with participation from existing backers including AirTree Ventures.
Adelaide’s Myriota has raised a US$15 million eries A round led Blue Sky VC and the CSIRO’s Main Sequence Ventures, with participation from Boeing HorizonX.
Dunedin startup CodeLingo has raised NZ$540,000 ($494,000) in seed funding from Australian venture capital firms Right Click Capital and Reinventure.