Australian health tech company Global Kinetics Corporation has raised $1.5 million on equity crowdfunding platform OurCrowd to kick-start its US expansion.
Making yourself attractive to investors and “managing the cash burn” is the key to scaling and eventually listing on the stock exchange, according to the founder of a Sydney startup set to list on the ASX in the next few months.
A high-profile Australian e-commerce startup that gained notoriety by hijacking the iPhone 6 launch in Australia and offering the world's best internship, has collapsed into voluntary administration.
Nothing can cause confusion and doubt in a business like pricing your products and services. While you don’t want to charge less than you are worth, you also don’t want to price yourself out of the market, so how do you know if your price is right?
Across the globe an increasing number of people are jumping on the startup wave. In 2014, ASIC recorded over 207,000 company incorporations.
A new digital currency protocol called Stellar is taking the principle of “participatory democracy” and applying it to financial systems.
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.
Four health tech startup competition finalists take home a $10,000 prize, as local sector gains critical mass10:37PM | Tuesday, 14 October 2014 | Andrew Sadauskas
The four finalists for the inaugural Janssen Health and Technology Challenge (HaTCH) have been named, with one of the judges saying Melbourne, in particular, is close to developing “a critical mass of ideas”.
Localz has raised £100,000 ($A187,000) after winning European omni-channel retailer John Lewis’ JLAB incubator program, taking its total seed funding just shy of $1 million.
Australian transportation network and mobile payments startup Ingogo has raised $9.1 million, as it increases its focus on mobile payments, ahead of a planned ASX listing next year.
Perth and Melbourne-based payments startup Pin Payments has announced it is introducing a new API that will allow small businesses to automatically schedule their payments.
Australian Senate inquiry into bitcoin set to be announced, as industry group ADCCA advocates self-regulation9:51PM | Friday, 19 September 2014 | Andrew Sadauskas
Digital currency industry body Australian Digital Currency Commerce Association (ADCCA) has advocated a self-regulatory framework, ahead of a Senate inquiry into cryptocurrency.
Leading Australian bitcoin startup CoinJar has begun trialling Australia’s first bitcoin EFTPOS card, which co-founder and chief executive officer Asher Tan says is a “huge step” for adoption of the cryptocurrency in Australia.
Startups say reform of the employee share scheme can’t come soon enough, as the federal government makes progress on its plans to overhaul the scheme.
Could your Nest do with a little more Zen? Meet the Aussie startup building a simpler, smarter thermostat9:38PM | Friday, 5 September 2014 | Andrew Sadauskas
Melbourne-based startup Planet Innovation has raised nearly $50,000 on crowdfunding site Indiegogo in just days for a device called Zen, which it claims is the first thermostat that is not either “extremely unattractive” or “too complicated to use”.
Australian tech startup Squixa has released the second version of its cloud-based website acceleration platform, having recently completed a funding round.
Brisbane-based bitcoin startup Living Room of Satoshi is giving Australian consumers the opportunity to pay bills though BPAY with bitcoin.
Promoting it as the “World’s Best Internship” Sydney-based startup Alphatise is offering a “career starter” to an Australian university student with a $50,000 salary package and an additional $50,000 worth of shares in the company, a new Nissan Juke worth $25,000, plus a laptop and phone.
Australian money management app startup Moneysoft has closed a $500,000 follow on funding round that brings its total funds raised to $1.5 million, which will be used to continue its rapid growth in the financial services space.
Australia’s health tech startup scene is booming, both in terms of interest and innovation, but funding remains a major issue for startups, according to a leading figure in the sector.