<\/span><\/p>\nKaggle chairman Nicholas Gruen, who attended Tech23 on behalf of Kaggle\u2019s founder and chief executive Anthony Goldbloom, says the company is \u201cgoing like the clappers\u201d.<\/p>\n
<\/p>\n
\u201cThey like us in Silicon Valley. We\u2019re in the process of capital-raising there and we\u2019re hoping to make an announcement about it in the next month or so,\u201d he says.<\/p>\n
<\/p>\n
With regard to the start-up scene in Australia, Gruen believes there is \u201ca lot of vibrancy about\u201d, particularly in Sydney and Melbourne.<\/p>\n
<\/p>\n
\u201cThere\u2019s no shortage of good ideas, and we haven\u2019t found a shortage of money either,\u201d he says.<\/p>\n
<\/p>\n
Meanwhile, technology incubator ilab will hold its annual investment summit in Brisbane today. Aimed at tech start-ups, the summit is designed to \u201cdemystify\u201d the process of raising capital.<\/p>\n
<\/p>\n
Phil Hutchings, a keynote speaker and chief executive of clean tech company RedFlow, believes Australian investors are more than willing to fund promising start-ups.<\/p>\n
<\/p>\n
\u201cThere is more money available for investment in Australia than people credit but you need to have a strong business case, an experienced management team and a good market position,\u201d Hutchings says.<\/p>\n
<\/p>\n
\u201cIf a start-up couldn\u2019t secure investment then the company probably wasn\u2019t worth investing in. The market\u2019s a very good filtering system.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Tech start-ups goCatch, Filter Squad, OrionVM and StageBitz are among this year\u2019s winners at innovation event Tech 23, which saw<\/p>\n","protected":false},"author":1,"featured_media":58996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,21,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/44952"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=44952"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/44952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/58996"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=44952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=44952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=44952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}