Venture Capital
Latest
LATEST
Brisbane unveils plan to join the start-up heavyweights
3:00AM | Tuesday, 12 March 2013 | Michelle HammondBrisbane City Council will offer grants to budding entrepreneurs with promising digital potential as part of an ambitious plan to propel the city into the multitrillion dollar global digital economy.
Byron Bay Cookies' $13 million business crumbles into administration
3:53PM | Monday, 11 March 2013 | Cara WatersThe manufacturing arm of the Byron Bay Cookies has been placed into voluntary administration.
Forgot about Dre? Packer’s latest investment is Straight Outta Compton
3:11PM | Friday, 8 March 2013 | Patrick StaffordJames Packer teams with Dr Dre, joining the illustrious company of NWA, Eminem and Snoop Dogg.
REA Group boss invests in Sydney tech start-up Housl
3:54PM | Thursday, 7 March 2013 | Oliver MilmanGreg Ellis, the chief executive of realestate.com.au owner REA Group, has invested in Sydney tech start-up Housl, ahead of an ambitious expansion plan for the new venture.
New accelerator Slingshot to fling $10 million to start-ups
3:00AM | Thursday, 7 March 2013 | Michelle HammondNewly launched accelerator Slingshot plans to invest in around 100 start-ups over the next five years, investing as much as $100,000 in each start-up via a $10 million venture fund.
Got investment? Now for the real hard work
3:34PM | Tuesday, 5 March 2013 | Mahesh SharmaSecuring finance for your business is a major milestone. But it’s also the point at which you have to start worrying about your investors. BY MAHESH SHARMA.
“How we raised funds pre-development”: SpotJobs co-founder tells
3:29PM | Monday, 4 March 2013 | Michelle HammondAnother new niche job site, SpotJobs, is preparing for its national media launch next month, having already received seed funding and office space from residential builder Simonds Homes.
Co-working space Hub spreads to Adelaide to add some “entrepreneurial bloom”
3:45PM | Friday, 1 March 2013 | Michelle HammondThe South Australian government will provide $1 million to help establish Hub Adelaide, which joins Hub Melbourne and Hub Sydney, to try and capitalise on the city’s “entrepreneurial boom”.
Banking regulator targeting lax standards for business lending
2:56PM | Thursday, 28 February 2013 | Patrick StaffordThe country's banking regulator has said it will start cracking down on banks if it believes lending standards have become too relaxed, but business leaders say SMEs are still strapped for cash.
$1.9 million grant generates global distribution deal for ultrasound device maker
2:00AM | Thursday, 28 February 2013 | Michelle HammondA South Australian manufacturer of ultrasound devices has announced a global distribution partnership with a Japanese company, two years after receiving a $1.9 million government grant.
Samsung joins Visa for mobile payments, Australian rollout could take a while
2:10PM | Wednesday, 27 February 2013 | Patrick StaffordSamsung has jumped into the contactless payments market with Visa – but the deal doesn't include its Android partner, Google.
Google Ventures could be heading Down Under
2:31PM | Tuesday, 26 February 2013 | Michelle HammondTech 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 HammondAustralian 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 HammondUS-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 HammondHigh-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 WatersAustralia'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 HammondThe 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 HammondOnline 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 HammondStart-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 HammondA 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.
