Venture Capital

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Aussie beekeeper entrepreneurs set record for the most money ever raised on Indiegogo

3:52PM | Tuesday, 10 March 2015 | Cara Waters

Aussie business Flow Hive has raised the most money ever on crowdfunding platform Indiegogo.

$10,000 up for grabs in Shark Tank competition

3:35PM | Monday, 9 March 2015 | Kye White

Optus in partnership with Channel 10 is hosting a pitching competition with $10,000 cash up for grabs along with mentoring sessions with the Optus’ Venture Capital team, Shoes of Prey founder Jodie Fox and Shark Tank judge Janine Allis.

Neighbourhood network Nextdoor raised millions ahead of international expansion, but local startup not worried

3:42PM | Thursday, 5 March 2015 | Broede Carmody

The social network for neighbours, Nextdoor, has raised $US110 million ($A140m) in funding in a bid to expand its presence in the United States and overseas.

Money flows as Aussie honey startup cracks $5.5 million mark on Indiegogo

3:26PM | Tuesday, 3 March 2015 | Broede Carmody

The Australian father-and-son duo who raised more than $1 million within three hours on crowdfunding platform Indiegogo have now broken the $US4 million ($A5.1m) mark.

Flinders University and SA government sign MoU with US organisation for clean tech development

3:19PM | Tuesday, 3 March 2015 | Eisha Gupta

South Australia is well placed to take a leading role in the clean technology sector, according to New Venture Institute director Matt Salier.

How to build a sustainable venture capital industry in Australia

3:13PM | Tuesday, 3 March 2015 | James McKinnon

There are a ton of opinion pieces written every day about what is lacking from Australia’s startup ecosystem. So much so that it’s easy to be confused about what we really need.

Why Expocentric founder Stan Kruss knocked back $2 million from Shark Tank’s Steve Baxter

3:13PM | Monday, 2 March 2015 | Kye White

The founder of Expocentric, Stan Kruss, says it was easy to walk away from a $2 million investment offer from tech entrepreneur Steve Baxter, given it was tied to listing on the Australian Stock Exchange.

Health techs first up for industry-focused Innovyz accelerator programs

2:55PM | Friday, 27 February 2015 | Andrew Sadauskas

Adelaide-based international business accelerator Innovyz has opened applications to the first of its industry-focused nine-month Innovation programs, with applications now open for high growth businesses in the health tech sector.

Shark Tank makes $2 million offer to entrepreneur: Five tips for pitching to sharks

2:32PM | Thursday, 26 February 2015 | Cara Waters

Tech multi-millionaire Steve Baxter will offer a $2 million deal to one entrepreneur on the reality television show Shark Tank this Sunday.

Like investors to honey: Aussie beekeeping buzz over Indiegogo crowdfunding campaign

2:24PM | Tuesday, 24 February 2015 | Kye White

An Indiegogo campaign for a beehive that allows beekeepers to harvest honey simply by turning a tap has become one of Australia’s most successful crowdfunding campaigns.

Former federal sports minister to join the Australian Sports Technology Network

2:43PM | Tuesday, 24 February 2015 | Broede Carmody

Former federal sports minister Kate Lundy will join the board of the Australian Sports Technologies Network in order to coordinate the growth of Australia’s competitive sports technology industry.

Plans apace for growth at Melbourne bitcoin co-working space

2:48PM | Thursday, 19 February 2015 | Eisha Gupta

Melbourne’s bitcoin co-working space is now home to eight startups, and has plans to expand to accommodate more, just a few months after launch.

Why crowdsourced equity funding may not be what Australia’s startup ecosystem really needs

2:43PM | Friday, 13 February 2015 | James McKinnon

CSEF might not work the way many advocates say it could in Australia's current startup ecosystem.

Significant Investor Visa Program reforms could boost venture capital pool for Australian business

2:21PM | Thursday, 12 February 2015 | Eisha Gupta

Proposed changes to the Significant Investor Visa Program will allow Australian businesses to tap into a bigger pool of venture capital funding from July this year.

Smart strategies and good returns: how VC in Australia can reach ‘critical mass’

2:06PM | Wednesday, 11 February 2015 | Broede Carmody

Australians do not shy away from taking risks and government support is not necessarily the best way forward for the future of venture capital, according to local startup investors.

Amcom backs new startup accelerator for Perth

2:09PM | Tuesday, 10 February 2015 | Kye White

A new tech accelerator has been launched in Perth by IT and telecommunications company Amcom, e-business association eGroup WA and Perth co-working space Spacecubed.

Switch Automation raises $1.25 million in seed funding for US expansion

2:51PM | Tuesday, 10 February 2015 | Kye White

Building management platform Switch Automation has raised $1.25 million in seed funding that will be used to fund its growth in the United States.

HelloFresh raises $161m in fresh capital as investors take a bite

2:42PM | Monday, 9 February 2015 | Kirsten Robb

Grocery delivery business HelloFresh has raised $161 million in fresh capital from its existing shareholders, Rocket Internet and Insight Venture Partners.

KPMG launches new Perth accelerator to tap energy and natural resources sector

2:21PM | Thursday, 5 February 2015 | StartupSmart

KPMG Australia has launched a new accelerator in Perth that aims to stimulate innovation and entrepreneurship within the energy and natural resources sector.

ASX listing the way to growth for startups, says tech investor Brendan O’Kane

2:55PM | Thursday, 5 February 2015 | Kye White

More Australian startups should consider the Australian Stock Exchange when looking to raise capital, according to OtherLevels founder and Startmate investor Brendan O’Kane.

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