How I did it
Australia’s oldest medical research institute has applauded efforts to turn Melbourne into a biotech hub after making a landmark insulin discovery, set to be commercialised overseas.
US-based start-up Pebble has confirmed it will begin shipping its ‘smartwatch’ on January 23, eight months after it smashed its $100,000 Kickstarter goal and raised more than $15 million.
McDonald’s is attempting to add an Australian flavour to its image in the lead-up to Australia Day, as big brands continue to capitalise on the festivities, suggesting start-ups can do the same.
Sydney-based tech start-up Tapit Media plans to take its near field communications technology (NFC) to the global stage, after completing a $2.3 million Series A round led by MPC Ventures.
US-based start-up success story Dropbox has acquired online photo library Snapjoy for an undisclosed sum, less than one week after its acqui-hire of music streaming service Audiogalaxy.
The past year has seen Australia’s start-up scene surge. Here’s a wrap-up of how our leading incubators and accelerators have performed this year – and what lays in store for 2013. BY MICHELLE HAMMOND.
Forbes, Entrepreneur Magazine and Deloitte Technology have announced their lists of the most impressive business leaders of 2012.
US-based platform AngelList is reportedly in the process of raising a major round of financing at a valuation that could top $150 million, with Google Ventures among the rumoured investors.
App developers can take inspiration from Apple’s annual list of the best iOS apps, including Australian apps Virgin Australia Flight Specials, Sydney Food Trucks and OzTV.
A Melbourne mother of four has launched a website called DutchAuctionAuto.com.au, where car dealers compete for sales by offering prospective buyers their lowest possible price.
Niche dating website 7pm anywhere is among the eight start-ups accepted into the 2013 Startmate program, which will include two demo days and a two-month stint in Silicon Valley.
Online reservation system Rezdy has snagged $300,000 from existing investors, adding to the $250,000 it raised earlier, but is already planning to raise up to $1.5 million in 12 months’ time.
The University of Sydney Union’s Incubate program has selected the eight successful start-up teams who will use $5,000 grants to develop their ideas over the university’s summer break.
Up-and-coming export start-up Aussie Inc has received a major leg-up from global entertainment company Imagination, which has purchased a 50% stake in the business.
An Australian start-up that developed a solution to diagnose childhood pneumonia has won a $75,000 grant after being named the runner-up of the Microsoft Imagine Cup Grants program.
The director of Sydney clean tech start-up enLighten has outlined some key tips for companies doing business in the United States, after attending the Cleantech Open Global Forum.
Start-ups should respond to skepticism systematically and be prepared for a fight from the very beginning, says Amazon founder Jeff Bezos, who has shared his thoughts on entrepreneurship.
McMillan Shakespeare founder Anthony Podesta has been named the 2012 Ernst & Young Australian Entrepreneur of the Year, with the founders of Jetts Fitness, Ozsale and OzHarvest also recognised at the awards.
Financial services start-up Moneysoft, which has been backed by Sydney incubator BlueChilli, plans to ramp up its presence in the Australian market after closing its third round of funding, bringing the total capital raised to $660,000.
A team called PIVOT has taken out the title at Startup Weekend Brisbane, which will see one team member travel to the United States as part of the Advance Innovation Program.