Funding & Finance
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News, opinions and advice on capital raising and finance strategy.
ingogo turns to Silicon Valley for funding. And future, too
The Sydney taxi startup roped in Pacific Venture Advisors, run by Australia’s Vikram Mehta but headquartered in San Francisco, who is seen guiding ingogo’s expansion, particularly into the U.S. market, besides bringing access to further capital.
Adrian Giles, co-founder, Hitwise
Spotting a niche for web traffic measurement, Adrian Giles co-founded Hitwise in 1997 and took it from a $5k start-up to $250 million trade...
Pitch Club delivers a knockout to Melbourne
Pitch Club in partnership with Melbourne Angels hosted its latest event in Melbourne last week.
Over 140 people attended the event at Life.lab in the...
Is your startup really ready for investment? Here are great tips from an angel...
It will not matter what type of investor you are pitching to, be it an angel, venture capitalist or bank. There are specific criteria that need to be evident in order to gain our interest in investing.
Plan your cashflow this holiday season – or it could get very ugly
March is consistently the worst month of the year for company insolvencies. Why? Because businesses don’t plan for the inevitable drop in cashflow over the holiday period. Tim Lea offers some great advice on how to keep all the balls in the air while you and your customers are enjoying the summer break.
Sydney-based B2B tech startup, Pathzero closes a AU$1M seed investment round
Sydney based software company, Pathzero, today announced it has closed a AU$1M seed investment round.
Backed by leading...
The importance of investor relations in today’s market
The Global Financial Crisis, from its early roots in 2008, has been a tumultuous period to endure – as the name suggests. Australian companies have been faced with global contagion that's influenced our market through European economic bailouts, soaring unemployment rates, and a fall in export sales caused by a high Australian dollar. Many CEOs are worried investors won’t inject money into their company while the world is stuck in what appears to be a sustained bear market period. The same CEOs seem to think it’s better to keep a low profile; playing it safe rather than trying engage with potential investors.
HeyLets raises $1.6 million for its travel recommendations app
HeyLets co-founders Justin Parfitt (CEO) and Dean Kelly (COO) recently raised $1.6 million and are currently seeking another round.
Their new app connects users with...
Have you bought some crypto? Here’s what you need to know about the tax...
According to Ajeet Khurana, global CEO for Zebpay, one of the world’s largest cryptocurrency exchanges, “A lot of people want to know...
Australia needs more angels: Spreets co-founder Dean McEvoy shares some hard truths at VIVID...
Australia could always use more angel investors, says Dean McEvoy, co-founder of the wildly successful group-buying site Spreets. "Doing a startup in Australia is kind of like growing a plant in a dark cupboard. It's really bloody hard," McEvoy said in a talk presented at VIVID Creative Sydney.
Do you have a great idea that needs up to $50,000 to become Adelaide’s...
UniSA initiative Venture Catalyst is offering up to $50,000 to students and entrepreneurs who need funding to turn their business ideas into reality
Federal R&D Tax Credit Bill passes, more changes to come
The passage last Thursday of the Tax Laws Amendment Bill (2009 Measures no 4) represents the Rudd Government's first significant milestone on the road to delivering a more streamlined R&D Tax Credit for innovative Australian businesses.
How do the darlings of Silicon Valley make money? Or, do they make money...
I'm sure these are questions that you've asked yourself, while you've sat there pondering your idea, your business plan, and your bank balance.
Now, there's...
What I learned from a day with Domenic Carosa: Seeing the game from the...
Last Friday, I had the pleasure of a day off from emails and deadlines and spent my time instead at the Anthill Capital Raising, Acquisitions & Exit Masterclass run by Domenic Caruso. Time outs have been rare in recent times but this one was well worth it.
New HR tech startup Shortlyster raises $5m seed round to shake up traditional hiring
Shortlyster, an intelligent hiring optimisation platform, that helps companies make better and more informed hiring decisions, has announced it has successfully completed a AUD $5 million capital raise.
Yes, Bitcoin can now pay your bills.
Attention Bitcoin lovers. The future that you've been waiting for has just arrived.
Australians can now pay their bills and rent using the increasingly popular...
Virtual Gaming wins $2.5 million from Triple C Consulting to advance ‘social gambling’
Stung by the ouster from the crowdfunding site Kickstarter, the Perth startup –that delves into “social gambling hit pay dirt with a $2.5 million Series A round, led by Triple C Consulting, a boutique investment brokerage in Perth.
This crowdfunding campaign aims to make Sydney the Silicon Valley of APAC by 2023
TechSydney is a not-for-profit enterprise led by some of Australia’s most successful and influential entrepreneurs and innovators who have a mutual determination to see Sydney boom onto the global tech stage.
Brisbane entrepreneurs invited to Pitch Club
Converting your idea into a valuable asset is a challenge. That's why Pitch Club offers aspiring entrepreneurs the chance to “pitch” their idea to angel investors, venture capitalists and fellow entrepreneurs. Rub shoulders with those who have been there and done that. Get access to expert advice, funding and opportunities to take an entrepreneurial journey.
Australia’s ‘coolest’ companies celebrate a remarkable year at 6th Annual Cool Company Awards
This year's overall Cool Company winner, iiNet, was recognised for its use of innovative technologies, clever marketing and for challenging some of Australia's biggest brands. "This company sells itself as solid like a big telco but has managed to sustain the spunky attitude of a startup," said Anthill founder James Tuckerman, at the Sixth Annual Cool Company Award in Melbourne on Thursday.