Fairfax Media’s Domain Group has acquired a 35 percent stake in Oneflare, an online marketplace for local services providers, for $15 million, valuing the startup at around $43 million.
Melbourne real estate agent review platform RateMyAgent has secured $5 million in funding at a $20 million valuation, which will be used to consolidate the startup’s position in the market and expand internationally.
Sydney fashiontech startup Fame and Partners has announced a $10.2 million raise from two US venture capital firms as it moves its headquarters to Los Angeles. New York City-based firm Firstmark Capital and LA-based Upfront Ventures have co-led the startup’s Series A round.
Melbourne startup Plattar, a cloud-based platform that allows users to create, manage, and distribute augmented reality (AR) content, has raised $1.1 million in a seed funding round led by News Corp Australia, with participation from existing investors.
Canberra payment processing startup eWAY has been acquired for around USD$50 million by US company Global Payments. The acquisition is part of Global Payments’ initiative to create the leading technology enabled distribution platform in the Asia Pacific region.
Blackbird Ventures and Startmate have today announced the launch of the 2016 Sunrise Startup Conference, to be held on May 30 at Sydney’s Carriageworks.
Sydney fintech startup Kounta has today announced a partnership with the Commonwealth Bank which will see a range of payment and point-of-sale processes integrated into the bank’s EFTPOS tablet ‘Albert’.
BlueChilli has announced the launch of SheStarts, a female-focused accelerator that will fund and mentor 10 female tech entrepreneurs who are launching their startups this year.
Just a few weeks after entering into a strategic partnership with real estate group Ray White, tradie marketplace hipages has announced its acquisition of Australian business directory StartLocal and related assets, including Home Service Engine and Aussie Tradesman User Guide. The terms of the deal were not disclosed.
Having invested $1.5 million into Sydney-based personal finance platform MoneyBrilliant in 2014, financial services company AMP has today announced its acquisition of the startup. The terms of the acquisition were not disclosed.
Melbourne healthtech startup HealthKit, which has created a practice management system for private practices and a health management platform for patients, has raised $1.6 million in a Series A round led by a Melbourne-based family office investor, with participation from existing investors.
Peazie, the Australian startup helping brands build, run, and monitor competitions and promotions, has announced that it has raised a fresh round of funding and appointed Thomas Mahon, former general manager of Salmat, as its new CEO.
As governments around the country and the startup ecosystem itself look to sell innovation to Australians, brands too are getting on board. Qantas yesterday launched ‘Ideas that Travel’, a partnership with TEDxSydney that saw speakers deliver tech talks from 30,000 feet on a flight from Sydney to San Francisco.
As Australia gears up for the long-awaited changes to equity crowdfunding regulations to come into action, Investec Australia has acquired a 20 percent stake in ‘trans-Tasman’ investment platform Equitise. The deal values the startup at close to $10 million.
HealthTech startup CohortIQ has taken out the top prize in the DataStart program, an initiative launched by the Prime Minister’s Office in conjunction with Pollenizer last November. Over 200 startups applied to take part in the program, with the seven finalists given access to government data, customer discovery, and technical support across five days before pitching to the judges last night.
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