Venture Capital



Payment systems not keeping up with new generation of online start-ups

5:00AM | Thursday, 30 May 2013 | Rose Powell

A new generation of entrepreneurs are seeking new online sales payment systems, the founder of an Australian start-up says, as the Commonwealth Bank suggests regulators may have to examine the move by tech giants into financial services.

Critical Arc pins hopes on SydStart pitch win to boost capital raising effort

5:03PM | Wednesday, 29 May 2013 | Rose Powell

When Critical Arc won the SydStart pitching contest yesterday, it was a boost to their freshly launched capital raising endeavours.

Venture capital investor hopes for funding injection

5:37PM | Tuesday, 28 May 2013 | Gavin Lower

A venture capital investor hopes new funding will flow through to the sector later this year on the back of federal government support, as a new report finds venture capital is “pivotal” for innovation in Australia.

New investor group aims to boost interest in tech start-ups

5:00AM | Tuesday, 28 May 2013 | Gavin Lower

A newly established Melbourne-based investor group is aiming to stimulate more investor interest in technology start-ups.

Aussie tech start-ups invited to become million pound poms

5:00AM | Monday, 27 May 2013 | Michelle Hammond

Australian start-ups are being encouraged to enter a global competition called the Million Pound Startup, which will award £1 million ($1.55 million) to a technology company willing to relocate to London.

Pocketbook looks to raise $700k ahead of Dubai pitch competition

5:50PM | Thursday, 23 May 2013 | Michelle Hammond

Personal finance app Pocketbook is hoping to raise up to $700,000 from local and foreign investors before heading to Dubai in September for the chance to win $50,000 at Sibos 2013.

Venture capital investment outstrips share market: Report

5:22PM | Thursday, 23 May 2013 | Gavin Lower

Private equity and venture capital investment in Australian businesses provides better returns than shares over the long term, according to a new report.

Kickfolio flags name change after raising $1.075 million

5:29PM | Monday, 20 May 2013 | Michelle Hammond

Melbourne-based start-up Kickfolio has revealed how it raised more than $1 million from US investors after being accepted into 500 Startups, changing its name to in the process.

NZ start-up Vend snags $6.6 million from Aussie and foreign investors

5:16AM | Thursday, 16 May 2013 | Michelle Hammond

New Zealand start-up Vend has raised $6.6 million in its third round of funding, with a third of the funds coming from new Australian investors including the founders of MYOB and Seek.

Kounta snares Reckon founder as investor as it hunts $1 million

5:10PM | Tuesday, 14 May 2013 | Michelle Hammond

Point-of-sale start-up Kounta is aiming to raise up to $1 million from investors, having already secured Reckon founder Greg Wilkinson as an investor and board member.

Mathspace set for global growth after winning Echelon Ignite: Australia

5:19AM | Monday, 13 May 2013 | Michelle Hammond

Online maths training start-up Mathspace continues to go from strength to strength after winning the inaugural Echelon Ignite: Australia event, just one week after snagging $20,000 from Blackbird Ventures in Silicon Valley.

Is Asia the next Silicon Valley for Aussie start-ups?

5:15PM | Wednesday, 8 May 2013 | Tom Hall

While the increasing opportunities on offer for businesses seeking to expand into Asia isn’t news to most Australians, is Asia a savvy, cash-drenched rival to Silicon Valley?

Tapestry snags $400k government grant – but it’s not done yet

5:13AM | Tuesday, 7 May 2013 | Michelle Hammond

Sydney-based start-up Tapestry is gearing up for a US launch after receiving a $400,000 federal government grant, adding to the $600,000 it raised last year, but is still talking to investors.

Incoming! $1.1 million funding boost for mobile video start-up

5:10PM | Monday, 6 May 2013 | Michelle Hammond

Mobile video start-up Incoming has highlighted the demand for mobile video content after securing $1.1 million from OneVentures, NICTA and the US-based Citrix Startup Accelerator.

Why we could be a $1 billion company: Innovyz start-up Bluedot

5:11AM | Wednesday, 1 May 2013 | Michelle Hammond

Adelaide start-up Bluedot Innovation is looking to raise at least $450,000 from a mix of investors, after the head of the ANZ Innovyz START program said the enterprise had the potential to become a $1 billion company.

Mathspace crowned best company at Advance Innovation Summit

4:55PM | Tuesday, 30 April 2013 | Michelle Hammond

Cloud-based start-up Mathspace has secured $20,000 in funding after winning the best company category at the second Advance Innovation Summit in Silicon Valley.

Asia-Pacific leading the way for tech investment deals: Report

4:10AM | Friday, 19 April 2013 | Michelle Hammond

Investment opportunities for Australian web and tech start-ups appear to be brightening with new research showing the Asia-Pacific region is leading the way for deals, as North American investors search for global opportunities.

eCommerce venture BuyReply raises $1 million a year after launching

4:51PM | Tuesday, 16 April 2013 | Michelle Hammond

eCommerce start-up BuyReply has raised $1 million from investors including Peter Thiel’s Valar Ventures.

Sports betting start-up Favourit hunts $5 million to crack UK market

4:00AM | Monday, 15 April 2013 | Michelle Hammond

Melbourne-based social sports betting network Favourit has flagged the United Kingdom and Europe, rather than the United States, as its target expansion markets as it seeks to raise up to $5 million.

How we raised $82m thanks to the ‘subscription economy’

4:50PM | Wednesday, 10 April 2013 | Michelle Hammond

The founder and chief executive of Silicon Valley start-up Zuora has revealed how the company completed four rounds of funding totalling $82 million, and how the subscription economy is transforming business models.