Sydney venture capital firm Equity Venture Partners has raised $35 million to close its second fund. The firm will be looking to invest in early-stage business-to-business (B2B) software companies; it has already made four investments from the fund, backing Fusion Sport, Pendula, Uptick, and Deputy, The firm also counts the likes of Siteminder, Rezdy, Shippit,… Read more »
UBank, the digital bank launched by National Australia Bank in 2008, is set to launch intelligent assistant Mia to help customers through their home loan applications.
Startup Muster has launched a public cry for help after losing government funding, with cofounder Murray Hurps explaining that replacement funding must be secured by April if the 2019 survey is to run.
By Andrew Spence South Australian space incubator, Venture Catalyst Space, began working with its first five companies in September 2018. But the growth and national focus of the space industry in Adelaide is leading to heightened competition for places in the second round, which begins later this year. Funded by the South Australian Government’s $4… Read more »
Applications for this year’s HYPE UQ SPIN Accelerator are open. Aimed at startups in the sportstech space, the three month program will be run online, with three on-site workshops at the University of Queensland in Brisbane. Along with connecting participants to mentors from organisations including Nike, Adidas, and the Union of European Football Associations (UEFA),… Read more »
Sydney startup DingGo, which connects drivers to independent panel beaters for private repairs, has raised a round of seed funding led by strategic investor SG Fleet Group. The startup did not disclose how much was raised, however stated that DingGo is now valued at $3 million after less than a year in the market. Launched… Read more »
The City of Sydney has partnered with Investible to run a Retail Innovation Program, an accelerator program aimed at helping traditional bricks and mortar retailers get online.
After announcing its launch last November, investment bank Investec has raised $45 million to reach the first close of its Emerging Companies Fund 1.
As the finance sector deals with the fallout, fintech startups are taking note of both the lessons to be learned and the opportunities that have emerged.
Sydney artificial intelligence startup Curious Thing has raised $1.5 million in seed funding from Reinventure Group and Qualgro.
By Andrew Spence The South Australian company has partnered with fellow Australian business Davey Water Products to add its Internet of Things (IoT) connectivity to Davey’s TankSense product range, enabling farmers to receive water level data direct to their mobile phones. The product is expected to be commercially available in the second half of the… Read more »
ASIC has joined 28 international bodies in launching the Global Financial Innovation Network (GFIN), which aims to support financial innovation in the interests of consumers.
New Zealand startup Parkable, which enables drivers to find and pay for a parking spot via an app, has acquired Brisbane outfit Park Genie.
Only a quarter of Australian business leaders believe innovation is core to their business, a report from Ricoh has found.
Melbourne startup Socialsuite has raised $1.85 million in funding. The round was led by AddVenture Fund, with additional funding from Salesforce Ventures following the startup’s win at the 2018 Salesforce World Tour Sydney PitchComp. Cofounded by Dr Clara Ong and Damian Hajda, Socialsuite has developed a platform that works to help organisations measure the impact… Read more »
Data transformation consultancy startup V2 Digital lands $30 million 
Green hydrogen startup Hysata pockets record $172 million Series B 
Breakthrough Victoria cops a $360 million haircut, LaunchVic scores $40 million in state budget 
‘There’s huge demand’: FootprintLab seizes the fintech opportunity in India 
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