Financing a business



Atlassian co-founder makes personal investment in Queensland small business SafetyCulture

11:27PM | Wednesday, 19 November 2014 | Eloise Keating

Rich Lister and co-founder of tech giant Atlassian, Scott Farquhar, has invested $750,000 of his own cash in Townsville-based app developer SafetyCulture.

Venture Capital

Adelaide startups receive welcome boost from the University of South Australia

11:25PM | Wednesday, 19 November 2014 | Broede Carmody

Adelaide is well on its way to achieving its goal of becoming a city for entrepreneurs. Here's why...

 | Financing a business

Former stockbroker set to shake up the financial services industry

11:59PM | Monday, 17 November 2014 | Broede Carmody

A former stockbroker and fund manager is hoping to improve the financial services industry by leveraging the internet to streamline compliance processes for investors.

 | Financing a business  | Venture Capital

Melbourne startup aims to make wearable tech friendlier to professional women

11:01PM | Monday, 17 November 2014 | Broede Carmody

A Melbourne-based startup is looking to make wearable technology more comfortable and design-focused, and in doing so making gadgets better suited to professional women.

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

How NRMA helped scale up my startup

11:53PM | Thursday, 13 November 2014 | James Moody

I often think that founding a startup is like building with papier mâché.

 | Venture Capital

Venture capital jumps by almost $400m in a year: AVCAL

11:04PM | Wednesday, 12 November 2014 | Kye White

The amount of venture capital invested in Australian startups rose by almost $400 million from the financial year 2012-13 to 2013-14.

 | Venture Capital

Bitcoin company to raise funds through Australian Small Scale Offerings Board

11:47PM | Tuesday, 11 November 2014 | Kye White

Brisbane-based bitcoin startup Diamond Circle has opened a fundraising round via the Australian Small Scale Offerings Board, shortly after launching its bitcoin kiosk product.

 | Financing a business

Pin Payments announces $50 million in transactions and plans for a Series A round

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

As large online payment startups increasingly turn their attention to Australia, Melbourne and Perth-based startup Pin Payments continues to grow both in terms of revenue and merchants on its platform.

 | Financing a business  | Venture Capital

Angel investor Alan Jones throws his support behind That Startup Show

11:45PM | Tuesday, 11 November 2014 | Kye White

For the last decade the startup industry has been “envied, pilloried and lots of other things but it hasn’t been understood”.

 | Venture Capital

Applicant numbers biggest ever as nine startups get the nod for ilab’s accelerator program

11:48PM | Monday, 10 November 2014 | Kye White

Queensland-based ilab has chosen nine startups, from the biggest pool of applicants it has ever received, to take part in this summer’s Germinate accelerator program.

 | Venture Capital

Covata scores $15 million through biggest ever backdoor ASX listing

11:15PM | Monday, 10 November 2014 | Cara Waters

Covata has raised $15 million through a backdoor listing on the Australian Securities Exchange this morning.

 | Financing a business

ESVCLP: “Elegant and farsighted” but is it effective?

11:03PM | Thursday, 6 November 2014 | Kye White

The capital required for a venture capital fund to become a registered early stage venture capital limited partnership (ESVCLP) should be reduced from $10 million to $5 million in order to improve early stage funding in Australia, according to Artesian Venture Partners COO Tim Heasley.

 | Financing a business  | Venture Capital  | Government and Regulation

Carnegie’s Den finalists announced as aggregations services shine

11:37PM | Thursday, 6 November 2014 | Kye White

ComWriter, Performance Centre, Productify and Pointsbuild have been named as the four finalists for the latest Carnegie’s Den.

 | Venture Capital

Cryptocurrency tipping could be the key to monetising online content

11:29PM | Thursday, 6 November 2014 | Kye White

Dogecoin and cryptocurrencies could offer the best solution to monetising online content, a problem that has plagued the media for years, according to Blackbird Ventures managing director Rick Baker.

 | Financing a business  | Venture Capital

Boosting the commercial returns from research: the missing link

11:42PM | Wednesday, 5 November 2014 | Kar Mei Tang

AVCAL has long advocated for a stronger nexus between publicly funded research and real economic outcomes.

 | Financing a business

ASX investors increasingly interested in tech IPOs

10:09PM | Friday, 31 October 2014 | Alexandra Galin

As investors look to diversify from struggling resources stocks, the technology sector is increasingly becoming a preferred destination for Australian capital.

 | Financing a business  | Venture Capital

Labor MP Husic urges government to act on equity-based crowdfunding regulation

10:34PM | Wednesday, 29 October 2014 | Kye White

Federal Labor MP Ed Husic has called on the federal government to introduce equity-based crowdfunding regulation as quickly as possible.

 | Financing a business

How do convertible notes work?

10:01PM | Wednesday, 29 October 2014 | Lachlan McKnight

Startups often raise their first round of capital using a convertible note structure. A convertible note is a debt/ equity hybrid structure which, if well structured, is a flexible, simple and cost-effective way to raise a seed round.

 | Financing a business

BlueChilli launches fund and announces its first investments

10:48PM | Wednesday, 29 October 2014 | Bronwen Clune

BlueChilli last night launched its first venture capital fund of $10 million, with the aim to invest in vetted companies that have gone through its incubator program.

 | Venture Capital

Hackett investment has shifted Australian aviation app into full throttle

10:59PM | Friday, 24 October 2014 | Andrew Sadauskas

Aviation app developer Avsoft is gaining altitude across Australia, New Zealand and the US following an investment from entrepreneur Simon Hackett, with the company recently releasing an entry-level version of its CASA-approved app for Android devices.

 | Growth  | Financing a business  | Venture Capital  | Technology