Financing a business

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Peer-to-peer lender SocietyOne closes new funding round with backing from Murdoch and Packer

12:55PM | Thursday, 4 December 2014 | Broede Carmody

Sydney-based Peer-to-peer lender SocietyOne has closed a new funding round reportedly worth more than $10 million, led by Consolidated Press Holdings, News Corp Australia and Australian Capital Equity.

Financing a business  | Venture Capital

Fat Hen gets ready to lay a golden egg as government plays chicken on equity crowdfunding

12:39PM | Wednesday, 3 December 2014 | Kye White

Perth startup Fat Hen has launched a “crowd powered” venture capital firm that gives all investors the chance to invest in early stage startups.

 | Venture Capital

Online retailer Shoes of Prey turns to bricks and mortar after scoring $6.5 million in funding

12:20PM | Wednesday, 3 December 2014 | Cara Waters

Online retailer Shoes of Prey secured $US5.5 million ($6.5 million) in venture capital this morning to fund its bricks-and-mortar expansion.

 | Financing a business

Hackagong announces 2014 winners

12:09PM | Tuesday, 2 December 2014 | Broede Carmody

This year’s Hackagong has seen the largest turnout since it was founded in 2012, with almost 50 teams competing for a prize pool of more than $100,000.

 | Planning  | Business planning  | Financing a business  | Venture Capital

Why CoinJar really relocated to the UK

12:57PM | Tuesday, 2 December 2014 | Broede Carmody

Everyone loves to talk about bitcoin, so it was no surprise eyebrows were raised when Australian bitcoin exchange startup CoinJar confirmed it had shifted its headquarters to the UK.

 | Financing a business  | Start-up Profiles

Putting a startup on the map: Simon Hackett joins investors pouring $5 million into Spookfish

12:42PM | Monday, 1 December 2014 | Andrew Sadauskas

Internode founder and BlueChilli investor Simon Hackett has joined a group of investors who are injecting $5 million in capital into geospatial mapping firm Spookfish.

 | Financing a business  | Venture Capital  | Cashflow  | Technology

NICTA chief Hugh Durrant-Whyte resigns after bust-up with board over funding and governance

12:18PM | Monday, 1 December 2014 | Kye White

National ICT Australia chief executive officer professor Hugh Durrant-Whyte has resigned.

 | Financing a business  | Venture Capital  | Leadership  | Management  | Government and Regulation

Successful crowdfunding campaign speaks volumes about suitcase soundsystems

11:16PM | Friday, 28 November 2014 | Andrew Sadauskas

Forget about vinyl – the next big thing among audiophiles could be suitcases reinvented as speakers, with a Melbourne-based startup raising $17,370 for the devices (against a target of $16,000) in just days on Pozible.

 | Growth  | Financing a business  | Venture Capital  | Technology  | Start-up Profiles

Melbourne startup Tiger Pistol closes $3.1 million funding round

11:07AM | Thursday, 27 November 2014 | Broede Carmody

Melbourne-based social marketing startup Tiger Pistol has closed a $3.1 million round of funding led by domain registration company Melbourne IT.

 | Financing a business  | Venture Capital

Meet the creator of the bitcoin jingle with her own digital currency – “Tatiana Coin”

11:31PM | Tuesday, 25 November 2014 | Kye White

US-based artist and libertarian Tatiana Moroz created her own digital currency, Tatianacoin, as a means of funding her work.

 | Financing a business

Is the blockchain the future of ownership?

11:13PM | Tuesday, 25 November 2014 | Kye White

One day, the blockchain, the technology behind bitcoin and other digital currencies, could be the proof that you own your house rather than a paper title, according to smart contract lawyer Pamela Morgan.

 | Financing a business  | Technology

Hackagong announces $100,000 prize pool

11:09PM | Tuesday, 25 November 2014 | Broede Carmody

Hackagong has announced a prize pool of more than $100,000 as part of its annual weekend competition for entrepreneurs, developers and designers.

 | Venture Capital

Interest grows in Australia’s booming finance industry startup sector

11:41PM | Monday, 24 November 2014 | Andrew Sadauskas

Fintech accelerator AWI is organising an expo for self-directed investors amidst booming interest in Australia’s booming finance industry startup sector.

 | Marketing  | Financing a business

GST on bitcoin would be “monumentally stupid” says digital currency expert

11:37PM | Monday, 24 November 2014 | Kye White

Taxing bitcoin with sales tax is a “monumentally stupid” idea, according to digital currency expert Andreas Antonopoulos.

 | Financing a business

Bitcoin Group still looking at listing on the ASX despite delays

11:26PM | Monday, 24 November 2014 | Kye White

Bitcoin Group’s plans to raise $20 million at 20 cents a share on the ASX are still on track, despite a slight delay.

 | Planning  | Financing a business

Startup Weekend Australia gains new sponsorship and launches platform, making events easier to organise

11:34PM | Friday, 21 November 2014 | Andrew Sadauskas

Startup Weekend Australia has launched a new national platform and announced a sponsorship from Intuit QuickBooks Online at an event held last Thursday at Sydney’s Tank Stream Labs.

 | Planning  | Business planning  | Growth  | Financing a business  | Venture Capital  | Technology

B2B opportunities heard Loud and Clear as new startup incubator launches

11:18PM | Thursday, 20 November 2014 | Kye White

Creative agency Loud and Clear is set to launch its own startup incubator, looking to invest in four B2B startups a year.

 | Financing a business  | Venture Capital

Big news for Bigcommerce, bigger news for Australian startup financing

11:41PM | Thursday, 20 November 2014 | Kye White

Bigcommerce’s $US50 million Series D raise is evidence that the “sorry state” of Australian venture capital is less of a problem thanks to an increasingly global venture capital market, according to Niki Scevak.

 | Financing a business

Understanding the new Accelerating Commercialisation government grant scheme for startups

11:14PM | Thursday, 20 November 2014 | Catherine Eibner

The federal government has just announced details of the Accelerating Commercialisation component of the Entrepreneurs’ Infrastructure Programme, a funding program that replaces the Commercialisation Australia program.

 | Financing a business

Beanhunter steps into the startup crucible, Carnegie’s Den

11:52PM | Wednesday, 19 November 2014 | Kye White

Being thrown into Carnegie’s Den comes at the perfect time for cafe and coffee discovery startup Beanhunter, which is in the middle of a Series A funding round.

 | Financing a business
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