These are the 10 startup finalists selected for CeBIT’s 2017 PitchFest competition
Congratulations and best of luck to these 10 ground-breaking Aussie companies which demonstrate the breadth and excellence of our start-up community.
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VentureCrowd completes its first Israeli crowdfunding deal with this AI startup
VentureCrowd raised $155,000 in convertible notes, as part of a larger US$3 million funding round led by reputable venture capital firms like CE Ventures, AfterDox, Plus Ventures and 2B Angels.
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Sydney Angels launches $10-20 million “Sidecar Fund 2” after success of first fund
We believe that Sidecar Fund 2 will similarly provide investors with opportunities to support promising Australian startups as they scale innovative ideas into businesses of great value.
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Tech community applauds PM Turnbull’s $1 billion innovation statement
The Aussie tech community has welcomed the substantial suite of innovation policies recently announced by Prime Minister Malcolm Turnbull
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A start-up disrupting logistics is the first to raise capital from this new Australian seed capital fund backed by global investors
Logistics disruptor Premonition is the first to be funded by new seed capital fund Rimon Investments backed by investors in Australia, South Africa & Israel
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Is your start-up looking to raise $500,000 to $2 million? This VC fund is looking to invest $50 million using a unique algorithm
Unique data-driven VC fund Follow[the]Seed will offer $50 million in second-stage funding to Australian start-ups seeking to raise $500,000 to $2 million
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ingogo closes $12 million Series C funding round making it the second largest equity crowd funded deal in the world
Australian taxi app and integrated mobile payment provider ingogo recently successfully closed a $12 million Series C funding round, ahead of its plans to list on the ASX in 2016. More than one third of the total round ($4.2 million) was placed through VentureCrowd, making it the largest equity crowdfunded deal in Australia and the…
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Apps are replacing traditional services in Australia; are you among the affected?
New research from Australian taxi app and mobile payment provider, ingogo, has revealed the top industries where Australian consumers are using apps to replace traditional services. These include banking (35 per cent), newspapers (18 per cent), ordering food/takeaways (12 per cent) and taxi bookings (11 per cent). The data, which polled more than 1000 people…
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Ingogo raised another $9 million and is going places (not just in taxis)
Ingogo seemed to be the best thing to happen to Australian taxis since… the taxi. And with its recent announcement of an additional $9.1 million raised, it’d be interesting to see how big this mobile payment platform and taxi app can be. The additional funding in the pre-IPO funding round means that Ingogo is now…
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ingogo eases payments with a universal wireless system
Call it the taxi industry’s last-mile solution that eases the eventual handoff – customers get on their way quickly and cabbies collect their fare without fuss. The nascent taxi services industry – running nearly everything there is except the driving off an app – has positively transformed transportation in our cities. Now, many are focusing…
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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.
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