Venture Capital

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More startup investments coming after Cisco invests in Blackbird Ventures

12:02PM | Friday, 12 December 2014 | Andrew Sadauskas

Cisco has become the first major corporate investor in Blackbird Ventures, with the move paving the way for more investments in promising Australian startups.

Scale makes third investment in startup connecting businesses with social media professionals

12:37PM | Thursday, 11 December 2014 | Broede Carmody

An invite-only marketplace that connects businesses with freelance social media and community professionals is the latest startup to secure seed funding from Scale Investors, the angel investor network focusing on funding startups with female executives.

Melbourne-based startup closes $500,000 seed funding round, backed by Bevan Clark and Guy King

12:26PM | Monday, 8 December 2014 | Andrew Sadauskas

Melbourne-based grocery delivery startup YourGrocer has just closed out a $500,000 seed funding round, led by Bevan Clarke, Guy King and other private investors.

Stellar focused on making the financial system more inclusive

12:52PM | Thursday, 4 December 2014 | Kye White

A new digital currency protocol called Stellar is taking the principle of “participatory democracy” and applying it to financial systems.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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