Venture Capital



Canberra launches first commercially-focused hackathon

12:53PM | Friday, 13 December 2013 | Rose Powell

Canberra co-working space Entry29 hosted the city’s first commercially-focused hackathon recently, with over 50 entrepreneurs gathering for 32 hours to code and launch new online products or services.

Why only a third of accelerator participants made it through the Sydney Founder Institute

12:51PM | Thursday, 12 December 2013 | Rose Powell

Seven entrepreneurs have this week graduated from the Sydney chapter of international accelerator Founder Institute, barely a third of those that started the program.

Sydney University’s Incubate entrepreneurial program begins national rollout with Adelaide

12:35PM | Thursday, 12 December 2013 | Rose Powell

Incubate, a start-up accelerator program launched and piloted by Sydney University, has announced its first partnership with Adelaide University set to run an Incubate program from January 2014.

VentureCrowd launches to provide crowdfunding equity investment for start-ups

12:09PM | Wednesday, 11 December 2013 | Gavin Lower

Australia’s first online equity crowdfunding platform to channel investment into start-ups has been launched.

Social enterprise Code for Australia incubator to launch in 2014

12:29PM | Tuesday, 10 December 2013 | Rose Powell

Popular social enterprise coding start-up Code for America has launched an Australian branch in Melbourne, with the local co-founders beginning conversations with a couple of local councils.

How bootstrapped Vero grew revenue 1300% in 12 months using content marketing

12:00AM | Monday, 9 December 2013 | Rose Powell

Email marketing software firm Vero is heading into its second year of operation committed to continuing its 20% month-on-month revenue growth target, but co-founder Chris Hexton it gets harder for businesses to grow as they get bigger.

Asia-Pacific enterprise software accelerator to launch in 2014

12:30PM | Thursday, 5 December 2013 | Rose Powell

One of the first regional accelerator programs for tech entrepreneurs based in Australia and Asia, the Venture.tec accelerator, will launch in early 2014.

Beyond cash: Using your crowd funding campaign to sell units, gain exposure and identify target markets

12:10AM | Thursday, 5 December 2013 | Rose Powell

Jeremy Bogan is $20,000 into a $250,000 Kickstarter campaign to commercialise his prototype of the vtalk desk phone.

Two-year-old pet eCommerce start-up closes $1.5 million series A round

12:47PM | Wednesday, 4 December 2013 | Rose Powell

Online pet products retailer Paws for Life has closed their series A funding round with a $1.5 million investment from Blue Sky Alternative Investments.

Bitcoin here to stay and ready to grow: Australian investors back CoinJar with $500,000

12:32PM | Tuesday, 3 December 2013 | Rose Powell

CoinJar, a Melbourne-based bitcoin exchange and payment system, has raised $500,000 in seed funding from a range of individual investors and the Blackbird Ventures seed fund.

When venture capital investment isn’t everyone’s cup of tea: SelfWealth’s fundraising story

12:00AM | Tuesday, 3 December 2013 | Gavin Lower

When investment tool SelfWealth went looking to raise around $3 million to bring its information technology in-house, it considered but then rejected accessing venture capital sources.

Employee share schemes aren’t just for start-ups: Why this 30-year-old company is giving it a try

12:34PM | Monday, 2 December 2013 | Myriam Robin

If you lack the cash to pay the talent you need, shares in your company may be one of the few assets you have.

Bring Your Own Code hackathon competition offers $13,500 in prize money

11:17PM | Wednesday, 27 November 2013 | Gavin Lower

Australian mobile engagement company Mnet is offering $13,500 in prizes at its Bring Your Own Code hackathon competition in Sydney next week.

Global angel and seed investment deals up by 375% in the last five years

11:57PM | Tuesday, 26 November 2013 | Rose Powell

Early stage venture capital investment has boomed globally over the past five years, according to investment tracking group Preqin, but follow-up series A funding has dropped slightly.

Airtasker raises a further $2 million: Co-founder on the trend towards hyper-local tech offerings

11:13PM | Tuesday, 26 November 2013 | Rose Powell

Airtasker, an online marketplace for outsourcing short-term jobs, has closed a $2 million funding round with Exto Partners, BridgeLane Capital and a range of private equity investors.

Top five tips for seeking venture capital and how to prepare for it

11:57PM | Thursday, 21 November 2013 | Rose Powell

As the Australian start-up scene takes off, entrepreneurial-friendly capital markets are evolving with strategic entrepreneurs best positioned to take advantage of the rapidly blossoming opportunities.

How new accelerator Muru D is making its relationship with investor Telstra work

11:09PM | Thursday, 21 November 2013 | Rose Powell

Managing investors, especially major corporate ones can be a challenge for emerging businesses, but start-up veteran Mick Liubinskas says any concerns he may have had about Telstra reaching out to start-ups have been assuaged.

Leading accelerator program to open in Sydney next month

11:57PM | Wednesday, 20 November 2013 | Rose Powell

The ANZ Innovyz Start program will launch its first accelerator program in Sydney for three to five start-ups, in tandem with the fourth intake of the Adelaide program.

IntelligenceBank closes over-subscribed round of $2 million to fund online expansion

11:16PM | Tuesday, 19 November 2013 | Rose Powell

Melbourne-based software start-up IntelligenceBank has today announced it has closed its second seed funding round with an initial investment of $1.1 million with an option for up to $2 million.

Bitcoin hits record high: Its biggest users aren’t who you think they are

11:34PM | Monday, 18 November 2013 | Myriam Robin

Decentralised virtual currency bitcoin hit a record high overnight, breaking through the $US500 barrier. At 9.20 AEST, it had climbed to $US520.