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Redbubble to acquire US competitor TeePublic for $57.7 million
ASX-listed creative marketplace Redbubble is set to acquire US-based competitor TeePublic for $57.7 million to further expand its global footprint.
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Wagga Wagga’s Bridge Hub receives $500,000 grant to build out agrifood tech support
Bridge Hub, an agrifood tech innovation hub launched in Wagga Wagga by Blue River Group, has received a $500,000 grant from the government’s Incubator Support Initiative.
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Seven Australian companies feature in 2018 Fintech100 list
Seven Australian companies have made this year’s Fintech100 list, with buy now, pay later service Afterpay the highest ranked at 26. The annual list, compiled by Australia’s H2 Ventures and KPMG, is divided into two: the Leading 50, featuring and ranking companies based on innovation, size, reach, and capital raising activity, and the Emerging 50,… Read more »
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Everledger founder Leanne Kemp appointed Queensland’s new Chief Entrepreneur
Leanne Kemp, founder of blockchain startup Everledger, has been appointed the new Queensland Chief Entrepreneur, taking over in the role from Steve Baxter.
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Sydney startup ShoreTrade raises $2 million to launch trading platform for seafood industry
Sydney startup ShoreTrade has raised $2 million in a seed funding round led by Investible to launch a trading platform for the seafood industry.
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Adviser Ratings launches robo-adviser review platform
Launched in 2014 to help consumers to find, rate and review financial advisers, Adviser Ratings has expanded to include a register of robo-advisers.
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Number of early-stage startups active in Australia down from 2017: Startup Muster report
The number of early-stage startups in Australia has fallen over the last year, with the 2018 Startup Muster report finding the number of active startups fell 12.5 percent from 2017 to 2018. The finding comes with Startup Muster this year working with Data61 to produce this year’s report and create an estimate on the overall… Read more »
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Chargefox raises $15 million to build network of ultra-rapid charging stations for electric vehicles
Chargefox, a startup building a network of ultra-rapid charging stations across Australia for electric vehicles, has raised $15 million to start construction.
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Airbnb property management startup Hometime acquires Hey Tom
The short term rental management market is seeing some consolidation, with Sydney-based Hometime acquiring fellow Sydney player Hey Tom. The terms of the deal were not disclosed, however Hey Tom cofounders Joel Cacciotti, Phillip Rose, and Luke Baker will continue to work in the business as part of the Hometime management team. William Crock, cofounder… Read more »
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RapidAIM raises $1.25 million from Main Sequence Ventures to fight fruit flies
RapidAIM, a company spun out of the CSIRO, has raised $1.25 million from Main Sequence Ventures to fund trials of its real-time fruit fly monitoring system.
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Marketing automation company Autopilot launches real-time collaboration tool
Marketing automation startup Autopilot has launched Annotate and Collaborate, a tool enabling marketing teams to collaborate in real-time.
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Quintet Partners acquires stake in tech recruitment firm Talent International
Sydney-based investment management firm Quintet Partners has acquired a “significant” stake in specialist technology recruitment company Talent International. Richard Earl, founder and executive chairman of Talent, will remain the company’s largest shareholder, while Quintet founder and managing director Douglas Farrell will join the board of directors. Quintet investor Thérèse Rein, founder of employment services business… Read more »
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Smart receipts startup Slyp raises $2 million from NAB Ventures and Reinventure
Slyp, which allows merchants to send a customer’s receipt directly to their banking app, has raised $2 million in a seed funding round led by NAB Ventures.
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NEM.io Foundation to open blockchain hub in Melbourne
Australia is to soon become home to another blockchain hub, with the NEM.io Foundation to open a new space in Melbourne. NEM is a peer-to-peer smart asset blockchain, built to enable startups and businesses to integrate its system through a ‘plug and play’ approach, with XEM its own cryptocurrency. The NEM.io Foundation, a non-profit organisation,… Read more »
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University payments startup Get raises $3.4 million
Get, the Sydney-based university payments startup formerly known as Qnect, has raised $3.4 million in a funding round led by Vertex Ventures and Click Ventures.
