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AngelList set for $150 million valuation following fundraise

12:45PM | Monday, 17 December 2012 | Michelle Hammond

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.

Four Aussie apps make Apple’s best of 2012

12:14PM | Friday, 14 December 2012 | Michelle Hammond

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.

Melbourne mumpreneur launches car auction website

12:05PM | Tuesday, 11 December 2012 | Michelle Hammond

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.

Startmate unveils its start-up class of 2013

12:00AM | Tuesday, 11 December 2012 | Michelle Hammond

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.

Rezdy raises another $300,000 as it limbers up for million dollar round

12:00AM | Monday, 10 December 2012 | Michelle Hammond

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.

Eight start-ups selected for Incubate program at University of Sydney

12:15PM | Friday, 7 December 2012 | Michelle Hammond

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.

Entrepreneur Shane Yeend’s Imagination Entertainment buys 50% of export start-up Aussie Inc

12:00AM | Friday, 7 December 2012 | Michelle Hammond

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.

Australian start-up StethoCloud snags $75,000 grant from Microsoft

12:00AM | Thursday, 6 December 2012 | Michelle Hammond

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.

Start-up lessons from the US Cleantech Open Global Forum

11:41PM | Friday, 30 November 2012 | Michelle Hammond

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.

How I built the Amazon empire: Four top tips from Jeff Bezos

11:35PM | Friday, 30 November 2012 | Michelle Hammond

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.

Anthony Podesta named 2012 Ernst &Young Entrepreneur of the Year

11:00AM | Friday, 30 November 2012 | Michelle Hammond

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.

BlueChilli-backed start-up Moneysoft raises $600,000

11:52PM | Thursday, 29 November 2012 | Michelle Hammond

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.

Startup Weekend success is all in the PIVOT

11:00AM | Monday, 26 November 2012 | Michelle Hammond

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.

Eskimo Joe turns to Pozible for latest album

11:58PM | Friday, 23 November 2012 | Michelle Hammond

Australian band Eskimo Joe is using Pozible to fund its next album, with the aim of raising $40,000 via the online crowdfunding platform.

Niche focus helps eyeclarity take out Independent Retailer of the Year award

11:56PM | Thursday, 22 November 2012 | Michelle Hammond

A host of retailers have claimed titles at the 2012 Australian Retail Awards including Oroton, Pandora, Lenard’s Chicken and eyeclarity, which was named Independent Retailer of the Year.

IT innovator among Telstra Business Women’s Award winners

11:53PM | Thursday, 22 November 2012 | Michelle Hammond

The founder of an IT consultancy and an accountant turned psychologist are among the winners of the 2012 Telstra Business Women’s Awards, which saw muesli queen Carolyn Creswell take out the top prize.

WA company smashes $20,000 crowdfunding target for folding boat

11:00AM | Wednesday, 21 November 2012 | Michelle Hammond

Western Australian company Quickboats has smashed its target on crowdfunding website Indiegogo.com, having already raised more than $1 million this year, as it seeks to go global with its high-tech folding boat.

Start-ups often underestimate fundraising process: Starfish Ventures boss

11:30PM | Tuesday, 20 November 2012 | Michelle Hammond

Start-ups often underestimate the time required to raise capital, says the co-founder of Starfish Ventures, following a $2 million investment in an email and web communication company.

Sydney start-up Tapestry pockets $600,000 investment

11:00AM | Friday, 16 November 2012 | Michelle Hammond

Sydney-based tech start-up Tapestry, which has created a social media platform suitable for older people, has snagged $600,000 in a funding round led by Sydney Angels, having already won two grants from Commercialisation Australia and a national iAward.

Naked Wines Australia raises $1 million via “angel” network

11:00AM | Thursday, 15 November 2012 | Michelle Hammond

Wine retailer Naked Wines has recruited more than 2,000 “angels”, who have raised $1 million to fund wine made by up-and-coming independent winemakers.

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