Venture Capital



Google Ventures could be heading Down Under

2:31PM | Tuesday, 26 February 2013 | Michelle Hammond

Tech giant Google is considering launching its start-up investment funding arm in Australia, a report suggests, but there’s no official word on if or when Google Ventures is expected to arrive.

Two Aussie start-ups among 15 finalists for Amsterdam boot camp

2:00AM | Tuesday, 26 February 2013 | Michelle Hammond

Australian start-ups 7Write and Revirda will be put through their paces when they arrive in Amsterdam this week, after being chosen as two of 15 finalists for Startupbootcamp Amsterdam.

Expert predicts trickle-down effect for group buying after LivingSocial raises $110 million

2:10PM | Thursday, 21 February 2013 | Michelle Hammond

US-based daily deals giant LivingSocial has raised another $US110 million from investors, with an industry expert predicting a trickle-down effect for smaller players.

Entrepreneurialism is AlwaysOn in Australia, says leading US entrepreneur

2:27PM | Wednesday, 20 February 2013 | Michelle Hammond

High-profile American entrepreneur Tony Perkins has highlighted US investors’ increasing appetite for Australian companies, ahead of Australia’s first-ever AlwaysOn conference.

Bettina Liano tells: "Why I'm closing my Australian stores and opening in the United States"

2:06PM | Wednesday, 20 February 2013 | Cara Waters

Australia's Jeans Queen, Bettina Liano, has closed all but one of her Australian stores and set her sights on the United States market instead.

ASX won’t be launching a start-up platform, but do start-ups care?

2:40PM | Tuesday, 19 February 2013 | Michelle Hammond

The Australian Securities Exchange says it won’t be copying the London Stock Exchange, which has launched a new platform for start-ups, but a start-up financing business says Australian start-ups don’t care.

Pollenizer pockets $1.1 million as Asian market sizzles

2:37PM | Tuesday, 19 February 2013 | Michelle Hammond

Online venture builder Pollenizer plans to create eight start-ups in Australia and south-east Asia this year, after raising $1.1 million from investors including Pandora founder Brook Adcock.

Another $350 million for innovation fund under Venture Australia

2:06PM | Monday, 18 February 2013 | Michelle Hammond

Start-ups look set to benefit from a new $350 million round of equity funding through the federal government’s Innovation Investment Fund, announced as part of the Venture Australia package.

Biotech start-up scores $1.25 million to develop therapeutic peptide drugs

2:58PM | Friday, 15 February 2013 | Michelle Hammond

A start-up launched by the ithree institute at the University of Technology, Sydney (UTS) plans to develop autoimmune drugs after receiving a $1.25 million investment from the Medical Research Commercialisation Fund.

We need an innovation council, says Australia’s chief scientist

2:53PM | Friday, 15 February 2013 | Michelle Hammond

Start-ups could benefit from the establishment of an Australian Innovation Council, proposed by Australia’s chief scientist Ian Chubb as one of five “breakthrough actions” to boost innovation.

Ruslan Kogan: Kickstarter is a "glorified video editing competition"

2:36PM | Friday, 15 February 2013 | Patrick Stafford

Internet entrepreneur Ruslan Kogan has attacked Kickstarter, calling the crowdfunding website a glorified video editing competition.

Why Westfield isn’t a worry for myCube

2:49AM | Friday, 15 February 2013 | Michelle Hammond

Stanley Hsu is the founder of myCube, a retail store that features hundreds of “cubes” displaying innovative products, which won the Best Start-up Idea category at the 2012 StartupSmart Awards. BY MICHELLE HAMMOND.

Government backflips on plans to regulate SME access to credit

2:54PM | Thursday, 14 February 2013 | Cara Waters

The federal government has backed down on draft legislation which proposed regulating small business credit after criticism it would make it harder for small business to get funding.

Five reasons to be cheerful about the economy

2:48PM | Thursday, 14 February 2013 | Yolanda Redrup

Economic news has been largely doom and gloom over the past few years, but there are five reasons the Australian economy is moving toward happier days.

Don’t ignore tax obligations if you are a company director

2:21PM | Thursday, 14 February 2013 | Greg Hayes

Did you know that company directors can become personally liable for their company’s tax obligations? If you run a business, here are the key details you must be aware of. BY GREG HAYES.

Make a pledge on a crowdfunding site

2:38PM | Thursday, 14 February 2013 | Taskmaster

Are you uncertain about the concept of crowdfunding? It might be worthwhile to test the waters before diving in head first.

Wine entrepreneur among women chosen for Springboard Australia

2:12PM | Wednesday, 13 February 2013 | Michelle Hammond

Melbourne-based entrepreneur Georgia Beattie is among the first group of Australian businesswomen selected to participate in the US-founded Springboard Enterprises program.

Ingogo on the go after securing fresh funds

2:07PM | Wednesday, 13 February 2013 | Michelle Hammond

Sydney-based taxi booking app Ingogo has secured a fresh round of funds from a host of new, high-profile investors, with founder Hamish Petrie flagging plans for a national rollout.

Australia records sixth highest deal volume in 2012

2:23PM | Tuesday, 12 February 2013 | Michelle Hammond

Australia had the sixth highest deal volume of any nation last year, according to a new report, which shows total acquisition value in the Asia-Pacific rose 258% from 2011 to 2012.

Recruitment platform OneShift in bid to raise up to $30 million

2:01PM | Monday, 11 February 2013 | Michelle Hammond

Recruitment start-up OneShift is hoping to raise up to $30 million to fund its expansion into New Zealand and south-east Asia, with US venture capital firms among the list of possible investors.