Venture Capital



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.

High dollar hurts expectations in manufacturing and tourism

4:42PM | Tuesday, 2 April 2013 | Yolanda Redrup

Fewer business executives are planning on making capital investments in the June quarter, amid a fall in business expectations.

Melbourne start-up plots $7.5m funding and IPO – months before it launches

3:02PM | Tuesday, 26 March 2013 | Michelle Hammond

A green technology start-up that turns old tyres into saleable commodities is hoping to raise $7.5 million in funding for its first commercial plant in NSW, ahead of a planned $10 million public flotation in 2014.

Should I squeeze a little extra capital out of my investor?

3:00AM | Tuesday, 26 March 2013 | Steve Torso

To answer this question properly, you need to first put yourself in the shoes of your investor.

Opmantek’s Mexican adventure helps it to $700k fund raise

3:27PM | Monday, 25 March 2013 | Michelle Hammond

Queensland-based IT start-up Opmantek has raised more than $700,000 via the Australian Small Scale Offerings Board, one year after partnering with a Mexican telco giant.

Rubbery figure? Bill Gates offers $1 million to create “next generation” condom

3:52PM | Monday, 25 March 2013 | Michelle Hammond

Bill Gates has set entrepreneurs an unusual but potentially lucrative challenge: create a “next generation” condom in return for US$1 million in funding.

University of Sydney start-ups set to Incubate with $1 million funding

3:00AM | Friday, 22 March 2013 | Michelle Hammond

Student start-ups accepted into the University of Sydney’s Incubate program have raised more than $1 million in funding, as well as struck up a partnership with BlackBerry.

Beach Burrito wolfs down $3 million for nationwide expansion

3:04PM | Thursday, 21 March 2013 | Michelle Hammond

It seems there’s still room in the market for more Mexican food venues, with NSW-based chain Beach Burrito planning to grow its network to 30 stores after receiving more than $3 million from Blue Sky Private Equity.

Pollenizer seeks to raise $5 million for Aussie and Asian start-ups

3:32PM | Wednesday, 20 March 2013 | Michelle Hammond

Online venture builder Pollenizer has launched an Information Memorandum in a bid to raise $5 million from investors, as it seeks to fund more start-ups in Australia and south-east Asia.

NSW start-up TiimFocus warns Facebook co-founder: We’re coming for you

3:23PM | Wednesday, 20 March 2013 | Michelle Hammond

A tech start-up based in Wollongong is taking aim at task management venture Asana, which was created by Facebook co-founder Dustin Moskovitz, after raising $800,000 from angel investors.