Fingerprint for Success (F4S), an artificial intelligence (AI)-based performance coaching startup used by tech companies such as Atlassian, AWS, Hubspot and Canva has raised $6.5 million in a second Seed round. The raise was led by local VC Investible and its syndicate group, Club Investible, supported by US firms Five V Capital, and Salesforce Ventures.… Read more »
Streaming platforms like Netflix, Amazon Prime Video, and Disney+ will soon face regulations to invest in Australian content, as Australian regulations catch up to other world players. Nearly eight years since the launch of Netflix in Australia in 2015, redressing the “regulatory gap” between unregulated streaming platforms and regulated traditional television is front-of-mind for Arts… Read more »
Salesforce Ventures becomes new investor Wallabies legend John Eales also backed Q-CTRL A record A$74m was raised in the Series B Sydney quantum software startup Q–CTRL has raised US$27.4 million (A$39m) in an extension of its Series B Several new investors joined Q–CTRL’s cap table, including Salesforce Ventures, the VC arm of the US software… Read more »
Agribusiness expert and serial board member Dr Michele Allan has stepped up as chair of Australia’s leading space research centre, SmartSat Cooperative Research Centre (CRC), following the sudden passing of inaugural chair Dr Peter Woodgate on Christmas eve. Dr Allan, chancellor and board chair of Charles Sturt University, also chairs the Food and Agribusiness Growth… Read more »
FinTech Australia has announced the new Positive Impact award, which celebrates social impact in fintech. They are now calling for entries for its seventh annual awards. The Positive Impact award will consider the social, environmental, and economic impact of fintech companies. They introduced the new award to honour work on this within the sector. FinTech… Read more »
University of Melbourne’s new startup venture capital fund Tin Alley Venture has raised $100 million from a who’s who of the Victorian business establishment to back alumni founders. The uni chipped in $25 million to kick off the fund, a joint venture with John Wiley’s Tanarra Capital, in June last year. Seven months later, the… Read more »
New Zealand-founded accounting fintech Hnry has raised A$35 million in a Series B as it looks to go global. The round was led by local VC AirTree Ventures, supported by existing New York-based backer Left Lane Capital, Akshay Kothari, cofounder of California software company Notion, and Athletic Ventures, the sports star investment syndicate that includes AFL… Read more »
Fast-growing Victoria retail startup July has appointed Joanne Smith as its first Chief Financial Officer. Smith moves to the luggage brand from CFO at deals platform Little Birdie. She previously held roles at KPMG Australia and UK, as well as a five-year stint at Kogan where she played a key role in the company’s IPO… Read more »
LaunchVic is on the hunt for a new wave of tech startups they can help turn into unicorns – companies worth more than $1 billion. The Victorian startup agency’s 30×30 program was developed with the aim to help 30 startups hit $1 billion valuations by 2030, and is now open for expressions of interest. LaunchVic… Read more »
The Australian venture capital arm of Salesforce is one of the victims of the tech giant’s massive job cuts, with Salesforce Ventures head of Australia Mike Ferrari among those shown the door. The VC’s local portfolio of companies will now be managed from the US. Earlier this month, the 23-year-old California-based software company announced a… Read more »
The Australia Consumer and Competition Commission (ACCC) is combing through social media platforms to identify influencers that don’t disclose affiliations with the product and company they’re promoting. Social media users reported more than 100 influencers to the regulator. Most tip-offs were about beauty, lifestyle, parenting, and fashion influencers who failed to follow the advertising disclosure… Read more »
Wholesale hospitality marketplace FoodByUs has raised $12 million in a Series B. The round was led by South African VC Base Capital, supported by New York’s FJ Labs, and Trawalla Group, plus with follow-on funding from founding investor Macquarie Capital. FoodByUs previously raised $10 million in a Series A in November 2021 and then spent… Read more »
Rapid grocery delivery service Milkrun tried to raise additional cash twice in 2022, despite starting the year with $75 million from Tiger Global in a Series A last January, but couldn’t attract investors amid the financial failure of its rivals. The Australian reports that the Sydney startup touted its Series B pitch deck to potential backers… Read more »
An Australian social platform designed to help people with disabilities make friends and expand their social circle has launched in a bid to reduce loneliness. Alvie, founded by CEO Steve Bear, was born out of first-hand realisation of how difficult it can be for children with disabilities to find friends they can relate to. The… Read more »
Brisbane workplace learning platform Go1 has acquired five-year-old rival British content curation startup Anders Pink. The deal went through late last year for an undisclosed sum amid as part of Go1’s push into the European market after also acquiring Swiss-French edtech Coorpacademy, which delivers French and German language content. It was a busy year for… Read more »
Atlassian shares plunge after another quarterly loss
We asked ChatGPT to explain 9 epic startup failures, including FTX & Fast, to VC investors – and most of the answers are bullshi… er, bullish
Workplace coaching platform Fingerprint for Success raises $6.5 million
Quantum startup Q-CTRL lands $39 million in Series B top up led by Salesforce Ventures
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