Hospitality ordering app Mr Yum has been named startup of the year in the annual Governor of Victoria Startup Awards. The fintech, currently in talks with rival Me&u over a possible merger, was recognised for its role in helping the state’s restaurant sector continuing to operate during pandemic restrictions and now helping the hospitality sector… Read more »
Australia’s tech sector grew by 8% over the past year and despite a wave of high profile redundancies, added more than 10,000 jobs in the first quarter of 2023. The nation’s tech workforce increased by 70,000 jobs to 935,000 by February 2023, according to new research from the Tech Council of Australia (TCA). That growth… Read more »
Australia’s roll out of open banking under the consumer data right (CDR) is stalling ahead of the third anniversary of its introduction, with industry lobby groups and the fintech sector calling on the federal government to put in place a long sought-after roadmap for CDR implementation. FinTech Australia and the Financial Data and Technology Association… Read more »
ASX-listed tradesperson platform Hipages Group has conceded to regulator the Australian Competition and Consumer Commission (ACCC) that it potentially engaged in misleading or deceptive conduct over four years involving its subscription renewals and termination fees. The ACCC said the company’s actions were in breach of the Australian Consumer Law between October 2018 to January 2022… Read more »
Victorian alcohol delivery startup Hairydog Group has added rival BoozeBud to its portfolio, acquiring the company’s assets a month after the business was placed in administration. The terms of the deal were not disclosed by Hairydog says the acquisition will push its annual revenue above $75 million, delivering incremental profitability and reinforcing its position as… Read more »
Being on social media has become synonymous with living in the 21st century. Year after year, we see new platforms and smarter algorithms roping us into highly addictive online worlds. Now, a growing number of people have noticed this trend and are actively making an effort to resist it. Anecdotally, a case can be made… Read more »
New Zealand digital teaching aid Education Perfect has acquired a bootstrapped Victorian edtech assessment platform Essential Assessment in a deal believed to be worth $40 million Education Perfect (EP) saw global equity giant KKR take a majority stake in the business two years ago in a deal worth more than $400 million. The terms of… Read more »
Enterprise software startup Complexica has raised $6.5 million in a round backed by Acorn Capital. The nine-year-old Adelaide tech company has now taken on $31 million in external capital over the last two years as it ramps up the use of artificial intelligence and machine learning in software for optimising and automating sales, marketing, and… Read more »
Edtech Cleverbean has raised $200,000 in Seed funding from Victorian early-stage investor Skalata Ventures to help reduce teacher burnout, at a time when a record number are leaving the profession. The startup offers thousands of evidence-based and research-backed learning materials for the K-6 Australian English curriculum. Cleverbean was cofounded Lucy Chambers, a teacher, and Alina… Read more »
The battle for control of failed renewable energy startup Sun Cable between billionaires Mike Cannon-Brookes and Andrew Forrest has been won by the Atlassian cofounder. Sun Cable’s voluntary administrators FTI Consulting, announced on Friday afternoon that they’d entered into an asset sale agreement (“ASA”) with Helietta Holdings 1 Pty Ltd, an entity affiliated with Grok… Read more »
Paris Hilton and electronica duo The Chainsmokers have been added to the A-lister cap table of LA-based expat Australian startup Checkmate, which has raised US$15 million (A$23m) in a Series A. The round was led by GV (formerly Google Ventures), with support from DJ duo Alex Pall and Drew Taggart’s VC fund Mantis, plus several… Read more »
While startup funding globally fell last year, New Zealand venture capital investment was still on the rise, with NZ$726 million poured into 154 deals in 2022, according to the Technology Investment Network (TIN). The Technology Investment Report, launched in Auckland as part of Techweek 2023, covers funding Pre-Seed to Series C+, tracking record levels of funding… Read more »
The NSW startup sector has responded with dismay after the NSW government suddenly shut down a range of funding programs for early-stage companies in the wake of an expenditure review by the new Labor government. Popular programs such as the Minimum Viable Product (MVP) grant have been put on hold “as part of the sector-wide… Read more »
Deakin University’s Centre for AI and the Future of Business is holding its third annual AI Festival in Melbourne next week on June 1-2. The 2023 theme ‘Co-creating value with AI’ will bring together more than 150 business leaders, tech innovators, scholars, and policy makers, including 25 expert presenters. A series of panel sessions will… Read more »
Sydney coworking community and service provider Tank Stream Labs has opened a new CBD office for dedicated to social impact companies, with support from ASX-listed jobs marketplace Airtasker. The partnership means Tank Stream Labs can offer even more affordable office space to social impact companies making a positive impact in their communities, environment, and other… Read more »
From Perth to Paris: How an Aussie startup for teacher training won the Cartier Women’s Initiative
Antler Investor Memo Series: Kidly is taking the pressure off parents to make sure their children have fun
NSW startup sector sounds the alarm as the state government turns off funding taps in pre-budget review
Female-founded edtech Cleverbean raises $200,000 to reduce teach burnout
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