Six months after forming government in NSW following the defeat of the Coalition after 12 years in power, Labor has been dealing with a familiar ritual when it comes to a change of ruler who looks in the money cupboard to discover it’s empty. Now, with the state budget due to be handed down by… Read more »
Neobanks and fintech lenders such as Xinja, Judo, Get Capital, Society One and Volt Bank dominated Australian startup sector funding in the first quarter of 2020 in a boom-time beginning to the year. Startup sector analysts Techboard hve been monitoring Australian startup and tech sector growth since 2017 and the March quarter 2020 was the second… Read more »
Last week, on the back of BlueChilli’s shift in strategic direction away from early-stage startups, a leading Australian newspaper suggested that support for startups in Australia is going backwards. These reports perpetuate two myths. That support for startups can be measured by the number of accelerators or early stage funding available. And that, by extension,… Read more »
The most recent trends in fintech investment in Australia will be debated by some of the investors at the forefront of the sector a special Techboard Roundtable in Melbourne this Friday, October 18. Presented in association with Fintech Australia and the Intersekt Festival, the Techboard roundtable discussion will focus on the future of funding for… Read more »
Record amounts of capital are flowing into the Australian startup sector, but competition between venture capital (VC) firms keen to back a winner are pushing valuations beyond potential returns at an exit, the boss of Telstra Ventures believes. Matthew Koertge, co-managing director of the $735 million fund, told the AFR Telstra Ventures had walked away… Read more »
‘Mighty oaks from little acorns grow’, but when there is a lack of funding, grant options are often awarded retrospectively, and venture capital money doesn’t come as easily as some people think, how do startups in Australia actually fund their startup dreams? Entrepreneurs are turning to bootstrapping. To ‘bootstrap’ is a term to start a… Read more »
Leading private investment platform Wholesale Investor has launched a capital raising admin platform that’s mobile friendly CRIISP lets founders raise capital, access investors, manage and track investor interest. The platform offers access to Wholesale Investor’s network of 21,500+ investors Investment platform Wholesale Investor has launched a new SaaS capital raising admin platform, dubbed CRIISP, which… Read more »
Investors and companies spent more than $2.6 billion on tech startups in the first three months of 2019, but the cash splash looks set to dry up if the longer-term trend continues according to Startup and tech directory Techboard, which released its March 2019 quarterly funding report today. It was a good quarter for mature startups… Read more »
Startup and tech directory Techboard, released its March 2019 quarterly funding report today and despite more than $1 billion being raised in more than 150 funding deals in the first three months of the year, the longer-term trends suggest the cash-hungry sector’s well is slowly drying up, even with around two-thirds of the… Read more »
The one that got away: After paying $230 million for Catch, Wesfarmers is shutting it down 
Telstra makes $700 million bet on AI to transform its business in Accenture joint venture 
Antler Investor Memo Series: Lyngo AI answers the healthcare communication crisis with AI receptionists 
Monash Uni lithium extraction spinout raises $27.5 million Series A 
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