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Australian startups to see further corporate involvement and growing international investment in 2017
It is fair to say that 2016 has been the biggest year yet for the Australian startup community – but there is a lot to come in 2017.
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Commonwealth Bank sells stake in Visa for $278 million profit
The Commonwealth Bank has announced the sale of its remaining stake in Visa for $439 million following a review of its capitalised software assets.
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SurveyMonkey phasing out Australian sales team as it moves back to self-serve model
SurveyMonkey will be phasing out its Australian sales team as it continues the global transition of its market research product Audience to self-serve.
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Canva launches new tools enabling users to customise and visualise data
Canva has announced today the introduction of new productivity tools that will allow users to visualise, embed and host data.
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ASIC launches regulatory sandbox allowing fintechs to test new products and services
First announced by Scott Morrison in May, ASIC has launched its ‘regulatory sandbox’ for fintechs looking to test new financial products and services.
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US coworking community RocketSpace to open three Australian campuses with Dexus Property Group
Dexus Property Group has today announced a partnership with RocketSpace that will see the launch of a series of campuses across Australia.
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Microsoft Australia appoints Steven Worrall new Managing Director as Pip Marlow heads to Suncorp
Microsoft has announced today that Steven Worrall will step into the role of Australian Managing Director for the company.
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Millennial-focused micro investment platform Stash raises US$25 million Series B round
New York-based mobile investment startup Stash, cofounded by Australian Ed Robinson, has today announced the closing of a US$25 million Series B round led by Valar Ventures.
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Government launches $500 million Biomedical Translation Fund to commercialise medical discoveries
The government has launched the Biomedical Translation Fund, a $500 million fund that will help commercialise biomedical discoveries.
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Social media marketing startup Stackla raises $4 million to further develop its tech platform
Stackla has raised $4 million in a fresh funding round, with backing coming from existing investors Bailador Technology Investments.
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BMY Group launches $50 million fund to connect Chinese investors with Australian startups
BMY Group, a wealth management and corporate advisory firm assisting Chinese investors with opportunities in the Australian market, has announced the launch of a $50 million fund it will look to invest in Australian startups that have potential for growth in Asia.
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Tank Stream Labs launches Seed Money program to connect early-stage startups to investors
Connecting early stage startups to seed funding, Tank Stream Labs has launched Seed Money, a new program giving startups the chance to pitch to investors.
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Brisbane edutech startup GO1 raises $4 million to accelerate global expansion
Brisbane-based edutech startup GO1 has raised $4 million in funding from a mix of new and existing investors to accelerate its global expansion.
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Accelerator program for women-led startups SheStarts reveals first cohort
After a bootcamp and input from the public through an open voting process, the 10 women-led startups taking part in the first SheStarts accelerator program have been revealed. With the six month program set to kick off in January next year, each startup will receive $100,000 in pre-seed funding in exchange for 15 percent equity.… Read more »
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University of South Australia names winners of latest Venture Catalyst seed funding program
Three student-formed startups have been named the winners of this year’s Venture Catalyst program at the University of South Australia.
