Funding & Finance Archives - Anthill Online
Sunday, December 11, 2016

Funding & Finance

Funding & Finance
News, opinions and advice on capital raising and finance strategy.

The Australian banking “cartel” has been the thorn in the SME’s side. Now that financial disruption is on the front page it will be interesting to see what happens with Apple Pay and the banking cartel.

The most important prerequisite for a newly founded business to take off successfully is ensuring that they always have enough assets for their everyday obligations.

Entrepreneurship has confronted several challenges with financial difficulties and constraints always being one the key reasons that prevent many start-ups from getting off the ground.

Attracting this type of investor can be different to that of the typical early stage investor, who is often willing to be more speculative in backing the potential of a good idea.

Employment Hero has announced it has extended its over-subscribed $3 million capital raise by 50 per cent, bringing the startup’s total funding to $4.5 million with additional investment from new and existing investors.

Sail has developed a unique algorithm that harnesses big data in real-time to offer fully customised lending decisions. In a matter of minutes, business owners can apply and receive a loan offer that is tailored to meet their needs.

The grant from the Bill & Melinda Gates Foundation will support Atomo in development of an affordable, reliable and simple HIV rapid diagnostic test that will enable people in resource-poor countries to test themselves.

Better Caring, a peer-to-peer (P2P) marketplace for aged care and disability support services today announced it has closed a Series B round of AUD$3m with investment from Ellerston Ventures, the growing venture arm of Ellerston Capital.

SafetyCulture, the Australian technology company that has enabled more than 30 million safety and quality inspections at companies including Coca-Cola, Hilton, and Qantas, recently announced it has raised $AUD 30 million

Through its standalone software, customers use the Openpay app or the instore portal to make a purchase with payment transferred to the merchant the next business day, direct debited from the customer’s account.

Vinomofo has employed a multi-tier media buy covering off free to air and pay TV in both Australia and New Zealand, open-air outdoor advertising spaces nationally, cinema and an aggressive acquisition campaign across digital and social platforms.

A Sydney-based startup that’s raised close to $1 million in funds wants to make it easier for Aussie entrepreneurs to harness the Ideas Boom by reducing the amount of necessary paperwork to start a business.

Unlockd closed a $AU15 million Series A Round in early 2016 from some of the biggest names in the business community, and has recently appointed an advisor to assist with their Series B raise of up to $US30 million

The company - SurgicalPerformance - has developed online auditing software that allows surgeons to record not only details of their surgical procedures but also important details of their patients' state of health before the operation and how they fare afterwards.

Following the Q1 announcement of its US $6 million in seed funding earlier this year, led by Golden Gate Ventures, MindWorks and Bluebell Group, the GRANA team will move into a new 18,000 square-foot centralised warehouse in Hong Kong this month to manage business growth and plans to double its headcount to 100 employees by the end of 2017.

Redback Technologies was chosen by EnergyAustralia for the investment due to the company’s hardware and software innovations, which provide homeowners with reliable, affordable and cleaner energy solutions.

CancerAid, the healthtech start-up that is revolutionising the care of cancer patients globally, has closed its Seed B funding round at $1.25 million. Founded by...

In Australia, billions of dollars are invested in businesses each year from Angel Investors, Venture Capitalists, Personal Investors and more. So what can your business do to attract the right investors, and ensure future growth with valuable business expertise?

There’s no question A.I will change irrevocably the way SMEs obtain finance. What many entrepreneurs may not realise is that it’s already having a demonstrable effect right now in three ways

Point of care digital media company, Medical Channel has raised $25 million and acquired rival digital signage firm Community Network. The combined business now offers advertisers an audience of 6.25 million viewers per month in more than 3200 health providers Australia wide.

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