Sydney artificial intelligence startup, Cherry Recommends, has been selected to take part in the legendary accelerator program by Y Combinator. The US venture capital fund invests US$125,000 for at 7% stake in the companies it brings into the program. Cherry is an AI promotion recommender platform that grows sticky online customers by increasing customer engagement,… Read more »
New Zealand software venture Segna, a self-described “data wrangler”, has landed a US$125,000 seed investment from Y Combinator ahead of the startup taking part in the legendary US accelerator program. Segna will be just the fourth New Zealand startups to be part of Y Combinator, which counts Airbnb, Dropbox, Twitch, Stripe, Reddit, and CoinBase among… Read more »
Queensland tech startup GreaseBoss, which keeps the wheels of industrial machinery spinning, has raised $2.5 million in a seed round. The Sunshine Coast business now counts San Francisco 49ers footballer “Joe Cool” Montana among its investors in the round led by Michael Dempsey from Pipeline Capital, with PioneerVC and Cathexis. GreaseBoss received initial funding from… Read more »
Why Silicon Valley veteran Marcus Segal is heading to Sydney to share his insights with local founders
Ask any startup founder how important it is to have successful entrepreneurs and tech veterans around them to share their insights and experiences, and they will tell you it’s crucial. When it comes to mentors who have a wealth of insights to share, it’s hard to go past Marcus Segal, who Sydney entrepreneurs will get… Read more »
On-demand photography startup Snappr raises $2.5 million, gaming startup Gamurs closes $3.5 million round, Blackbird Ventures backs AskNicely
Snappr has announced the closing of a $2.5 million seed funding round, with the funds set to help accelerate the businesses expansion across the US.
On-demand photography startup Snappr has announced today its expansion into the US with the opening of a San Francisco office and backing from YCombinator.
Scaling the startup ecosystem requires two necessary ingredients; 1) enough raw founder talent and 2) the resources, both venture capital and experienced individuals, to nurture growth. Scaling without enough of either creates a quality vs quantity dilemma.