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High dollar hurts expectations in manufacturing and tourism
4:42PM | Tuesday, 2 April 2013 | Yolanda RedrupFewer 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 HammondA 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 TorsoTo 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 HammondQueensland-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 HammondBill 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 HammondStudent 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 HammondIt 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 HammondOnline 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 HammondA 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.
Design start-up Canva raises $3 million after kitesurfing in Hawaii
3:15AM | Wednesday, 20 March 2013 | Michelle HammondSydney-based start-up Canva has raised $3 million from a host of high-profile investors, including Bill Tai and Lars Rasmussen, after attending Tai’s kitesurfing camp in Hawaii.
Launch a start-up like a rock band at SXSW
3:21PM | Tuesday, 19 March 2013 | Rebekah CampbellWhile visiting the SXSW festival in Austin, Texas, it became apparent that rock music and start-ups have more in common than you might think. Here are six sonic tips to boost your business.
Meet the Perth start-up that’s raised $2.5m after being kicked off Kickstarter
3:08PM | Tuesday, 19 March 2013 | Michelle HammondPerth-based start-up Virtual Gaming Worlds has secured $2.5 million in funding after being “unceremoniously” booted off US-based crowdfunding platform Kickstarter.
Start-up Australia: The movement that’s looking to revamp a nation
3:57PM | Tuesday, 19 March 2013 | Mick LiubinskasAustralia’s tech start-up community has set itself a radical goal – to create 20% of national GDP by 2033. Here’s its plan to put innovation and fresh thinking at the forefront of the Australian economy.
Meet the Startmate class of 2013 – part two
3:46PM | Tuesday, 19 March 2013 | Oliver MilmanYesterday, StartupSmart profiled three businesses joining the Startmate incubator this year. Here are two more innovative start-ups from the class of 2013.
Meet the Startmate class of 2013 – part one
3:05PM | Monday, 18 March 2013 | Michelle HammondFor many in the tech industry, Startmate is considered the gold standard of Australian incubators. Here's a look at their class of 2013.
Bitcoin: the start-up that could spell the end for paper money
3:41AM | Friday, 15 March 2013 | Oliver MilmanA US-based venture called Bitcoin, which enables easy financial transactions, is threatening to do away with the cash economy, according to excitable anti-banker analyst Max Keiser.
Google to examine Australian start-up scene for StartupAUS project
3:47AM | Friday, 15 March 2013 | Michelle HammondGoogle has commissioned PricewaterhouseCoopers to gather data on Australian tech start-ups, and has already released preliminary findings, after partnering with five well-known Australian tech entrepreneurs including Matt Barrie.
Blackbird Ventures rolls out $30 million start-up fund
3:00AM | Friday, 15 March 2013 | Michelle HammondBlackbird Ventures is determined to offer Australian start-ups much-needed Series A funding rounds, after announcing the formation and first close of its $30 million venture capital fund.
Why large Aussie investors are failing our nation’s start-ups
3:39PM | Thursday, 14 March 2013 | Jeremy CollessFreelancer.com founder Matt Barrie recently caused controversy by calling the Australian VC sector “dead”. Is there any truth to his alarming comment?
Pre-launch start-up TheBestDay scores $1.1 million in funding
3:33PM | Wednesday, 13 March 2013 | Michelle HammondYoung entrepreneur Whitney Komor has scored $1.1 million from OneVentures and Sydney Angels for her social planning start-up TheBestDay, which is still months away from launching.
