A taxi booking app backed by the likes of Paul Bassat and James Packer has raised around $5 million over the weekend in a bid to further disrupt Australia’s $5.4 billion taxi industry.
Aeeris, the company that operates Australia’s only national location-based weather and hazards early warning service, is seeking to raise $6 million through an initial public offering (IPO) on the ASX.
ScriptRock cofounder tells entrepreneurs to “have an open mind” at startup events as Tech23 approaches10:28PM | Friday, 17 October 2014 | Andrew Sadauskas
The cofounder of Australian IT DevOps company ScriptRock, Mike Baukes, says an open mind is the key to getting the most out of startup events such as Tech23, which can be an important networking opportunity for emerging entrepreneurs.
Brisbane-based bitcoin BPAY startup Living Room of Satoshi has suspended operations, after the Australian Tax Office’s decision to treat bitcoin as property made its business model impractical.
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”.
Bitcoin Group, the entity behind Melbourne-based bitcoin arbitrage fund Bitcoins Reserve, is set to list on the ASX next month.
There are no venture capitalists in Australia that will fund a capital raising round of more than $20 million, forcing companies at a later stage to go overseas, says Starfish Ventures’ Justin Roberts.
The Startup Catalyst program is attacking what its organisers see as one of the Australian startup ecosystem’s biggest problems, a lack of young technical talent.
Indooroopilly-based accelerator ilab is encouraging startups and entrepreneurs in regional Queensland to apply for its Germinate accelerator program.
Release management tool startup Octopus Deploy has secured $2 million in investment from database and .NET tooling company Red Gate Software.
Localz has raised £100,000 ($A187,000) after winning European omni-channel retailer John Lewis’ JLAB incubator program, taking its total seed funding just shy of $1 million.
A number of Australian startups raising significant funding in recent months is a result of the globalisation of venture capital and Australia’s reputation as a startup creator, say investors.
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.
Tinybeans, a social network that has amassed 500,000 users in its two years since launch, has raised $2 million.
Startup accelerator Slingshot, in partnership with the National Roads and Motorists Association, has launched Jumpstart, a new accelerator program that is looking for smart services, connected cars, connected members and member lifestyle startups.
I've just finished reviewing 180 business pitches for muru-D and will look at another 100+ for Startmate over the next few weeks.
For AngelCube’s Brandspot team, who aim to be the ultimate service for brand assets, their trip to San Francisco and New York has been eye-opening.
Perth-based startup incubator and accelerator Atomic Sky has raised a “substantial six-figure” sum from a prominent Perth investor.
A Melbourne-based startup is on a mission to make it just as secure and convenient for people to buy ‘big ticket’ items online as it is to make smaller purchases.
Focusing on building a great product has been key to the success of Invoice2go, which has just announced it has raised $35 million in funding, according to founder Chris Strode.