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News, opinions and advice on capital raising and finance strategy.
NSW startups have one week left to register interest in pitching for $1 million investment from leading Australian venture capital firm Right Click Capital at StartCon 2018
The University of Queensland (UQ) has cemented its position as a leading launchpad for entrepreneurs and a magnet for major investors, with startups from its ilab programs attracting more than $57 million.
Australia’s leading travel technology company TRAVLR is gearing up for its Series B capital raise following the successful launch of its online booking engine, world first travel partnerships, record sales and heightened investor interest.
Melbourne-based education services start-up Maths Pathway has closed a $AU2.1 million seed investment round, led by Social Ventures Australia (SVA). The $1 million investment from SVA is the organisation’s first equity investment from its $15 million SVA Diversified Impact Fund, which reached final close earlier this year.
Hospitality entrepreneur raises $1 million to launch Australia’s first online premium cocktail subscription service
Cam Northway, one of Australia’s most experienced and knowledgeable beverage experts, is launching a new tech startup, Cocktail Porter, the quenching solution that discerning fans of premium drinks have been waiting for.
Autonomous drone startup Emesent raises $3.5 million to unlock safer, more productive future for underground mines
Emesent, a drone autonomy spin-out from CSIRO's Data61, the technology arm of Australia's national science agency, has raised $3.5 million in venture capital to commercialise its first product, Hovermap
Six months after launch, CannVaLate, Australia’s largest network of cannabis prescribing medicinal clinics, has raised $4 milion in Series A funding, with over 50% of funds coming from the medical profession. The company plans to go to IPO in early 2019.
Australian energy technology company carbonTRACK has begun its second round of funding – seeking $10 million - to help it fast-track its growth in the US and expand into Europe.
Digital marketing technology start-up Sinorbis announced a Series A investment of $4m led by Jelix Ventures. Other investors include Executive Channel Holdings who led the previous round of early stage funding in April 2017.
Sourcr’s platform leverages AI, data and extensive networks to help companies hire right, hire fast and hire confidently and crucially, retains the human relationship element.
myInterview, a leading video job interview platform developed in Australia and Israel, has successfully completed a second round capital raise of $AUD1.6million, through a consortium led by VC firm Entrée Capital, and former LinkedIn ANZ & SEA MD, Cliff Rosenberg.
Ed App, the leading mobile-first technology company that facilitates more than 35,000 micro lessons daily, has announced it has raised $4 million from workplace solutions tech company, SafetyCulture.
Crowd sourced funding is not for everyone unless you're ready to behave like a public company. Pounding the pavement and selling your story to investors may be your best bet.
New report finds $83 billion funding gap for Australian small businesses—but most business owners...
Australian small and medium sized businesses (SMEs) are facing a “funding gap” of around $83 billion but the vast majority of business owners do not trust the Big Four banks to do the right thing, a new report says.
Statistics show female entrepreneurs get awarded funding at a disproportionately smaller rate than their male peers, even though women who receive venture funding bring in 12% more revenue than male-owned tech companies and are likely to have greater success overall.
With the FarmWizard acquisition, AgriWebb is positioned to develop a more advanced farm management product suite that will consolidate FarmWizard’s dairy and individual animal management functionality with AgriWebb’s existing cloud-based livestock herd management software.
The panelists also included Edwina Sharrock, Birth Beat founder and Tank Stream Labs & Slingshot HCF Catalyst Program Alumni who will be featuring on the final episode of Shark Tank and James Willis, owner & founder of The Mason Baker, who appeared live in Shark Tank and received investment from Andrew Banks and Naomi Simson.
Social networking app Travello raises AUD$5 million to build the world’s largest online community...
Founded in 2015 by two footy mates from northern Queensland, Travello connects travellers from all corners of the globe, recommends experiences and allows users to browse and book more than 50,000 activities. The social networking app is currently used by more than 350,000 travellers in 180 countries. In July 2018 alone, Travello recorded 1.8M events on the Travello feed.
Student marketplace and payments app, QPay, has secured a $1 million cash injection after funding from the Sydney Angels Sidecar Fund 2 was supplemented by a $380,000 combined investment by Steve Baxter and Naomi Simpson in exchange for 8.4 per cent of the firm’s equity during the recent episode of Shark Tank.
The blockchain takes the concept further, allowing companies to raise funds on the blockchain by issuing tokens, or crypto securities, of some value in the company or that provide utility.