Venture Capital



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.

Wine exporter WEXI drinks to $400k funding ahead of Singapore expansion

4:44PM | Tuesday, 9 April 2013 | Michelle Hammond

A wine export start-up backed by Alchemy Equities has raised $400,000 as it prepares to open two stores in Singapore in the next few weeks, in a bid to meet the high demand in Asia.

Sydney Seed Fund to sink up to $100k into 20 start-ups

4:51PM | Monday, 8 April 2013 | Michelle Hammond

The co-director of the Founder Institute in Sydney has partnered with two other serial entrepreneurs to launch the Sydney Seed Fund, offering tech start-ups up to $100,000 each.

Sydney start-up Shoeboxed uses revenue-based loan to raise $150k

4:16PM | Monday, 8 April 2013 | Michelle Hammond

Shoeboxed Australia founder Simon Foster says revenue-based financing (RBF) is an effective way to fund a business. Here’s how the software entrepreneur used it to raise $150,000.

Zookal set for copyright battle after raising $1.2 million in Silicon Valley

4:02PM | Friday, 5 April 2013 | Michelle Hammond

Textbook rental start-up Zookal has staunchly defended itself from copyright infringement claims, after raising $1.2 million from US-based private equity firm Filtro Investments.

Sydney venture Sofia Furniture sitting pretty with $1 million investment

4:25PM | Thursday, 4 April 2013 | Michelle Hammond

Sydney-based start-up Sofia Furniture has received $1 million in funding from the founder of an ASX 100-listed company, and is now preparing to open a showroom in the city in the coming weeks.

Start-up accelerator AngelCube launches new fund – but it’s not for soloists

4:00AM | Thursday, 4 April 2013 | Michelle Hammond

Melbourne-based start-up accelerator AngelCube has made several small changes to its program, including distancing itself from start-ups with sole founders, after opening applications for 2013.

Two-man start-up hunts $1 million to lure 1,000 merchants

4:11PM | Wednesday, 3 April 2013 | Michelle Hammond

Subscription marketplace is hoping to grow its two-man team and secure 1,000 merchants in four years, as it seeks to raise up to $1 million from Australian investors.