Startup
Agtech startup FluroSat has secured $1.5 million in funding for its crop health monitoring technology from CSIRO Main Sequence Ventures, AirTree Ventures, and strategic agricultural investors lead by CRDC. In addition to the equity funding, Flurosat has also secured several grants with the help of deep tech startup Cicada Innovations and its Growlab accelerator program. To […]
Better access to international talent. The continued democratisation of tech. More startups with global ambitions. Less innovation ‘tire kicking’ from government. Less tall poppy syndrome. More incentives for investors to back seed-stage ventures. More opportunities for female founders and entrepreneurial university students. These are just some of the things startups would like to see come to […]
Leading entrepreneurial minds, including Sir Richard Branson and Steve Wozniak, have deemed a South Australian startup’s use of artificial intelligence to improve the success rate IVF the “best idea” at the 2017 Talent Unleashed Awards. In winning “Best Idea – One to Watch” (Global/APAC) category at the global technology awards program, the South Life Whisperer […]
Fresh from being named ‘Most Progressive Workplace Leader’ at the 2017 Talent Unleashed Awards, startup ecosystem builder Annie Parker (CEO, Fishburners & Co-founder, muru-D) spoke to Dynamic Business about the significance of being recognised by the global technology awards program. “I’ve never been particularly motivated by financial rewards,” she said. “The only thing I’ve ever […]
The heated Sydney-Melbourne rivalry has played out over many years, with both cities laying claim to having the nation’s best coffee, culture, standards of living… well, the best of just about everything. But how do Australia’s two largest cities – and, more broadly, NSW and Victoria – stack up against one another in terms of […]
The Australian Government’s proposal to make it easier for digital-first challenger banks to compete against industry incumbents is could be improved, according to the peak body for fintech startups. FinTech Australia has lodged a submission with the Australian Prudential Regulation Authority (APRA) in response to its discussion paper, entitled “A phased approach to authorising new entrants to […]
Deep tech startups are addressing some of society’s biggest problems and creating the jobs of tomorrow but they’ve been neglected in the government’s love affair with co-working spaces, according to Petra Andrén, the CEO of Sydney-based super incubator Cicada Innovations. Ahead of her appearance at the Global Mobile Internet Conference in Sydney, earlier this month, […]
Whether you have started a technology business, or have a startup that uses technology (i.e. many startups), there are three common stumbling blocks to avoid. Coming up with a business idea is exciting. But the journey of taking your idea and turning it into a thriving business is one filled with obstacles as well as […]
Cross-border payments startup Airwallex has received a US$6 million investment from VC firm Square Peg, bringing its total Series A capital raise to US$19 million The Melbourne-based fintech company previously closed its Series A funding round in May, having raised a combined US$13 million from Mastercard, Sequoia Capital China and the world’s fourth largest internet […]
Over the past seven months we’ve been on an incredible roller-coaster of a journey – the kind that only an early-stage startup is capable of experiencing. We’ve hired, fired, experimented, failed, and ultimately succeeded in getting Found to that magic milestone of $83,333.33 of monthly revenue – more commonly known as $1m per year annualised […]
Investors who back startups in the BlueChilli portfolio will now enjoy an immediate tax deduction plus capital gains tax exemptions. This follows a private ruling by the Australian Taxation Office (ATO) approving BlueChilli as the nation’s first accelerator program with Early Stage Investment Company (ESIC) accreditation. Under ATO rules, investors who have met the agency’s sophisticated […]
Whether you plan on becoming the next Atlassian, or the next big thing in the share economy, many people, at some stage, will have their own new business dream. And in 2017, the startup space to be in is tech. Hundreds upon hundreds of adventurous and enthusiastic minds are venturing into the tech space with […]
As competition heats up in the venture capital space, it’s becoming tougher for VC firms to participate in funding rounds. Meanwhile, deep-tech startups face difficulties attracting ‘smart money’ in the seed stage because investors lack domain expertise and patience. These were some of the takeaway message from a panel discussion held at the Global Mobile Internet […]
Newcastle-based startup incubator Eighteen04 has today opened its new 30-seat facility to accommodate growth in its community of clients working on clean tech and smart cities projects. According to Minister for Small Business John Barilaro, a $300,000 investment from his Government, through Jobs for NSW, had enabled Eighteen04, which launched in September 2015, to relocate […]
To draw more talented non-technical entrepreneurs, including women, into the world of startups, BlueChilli is eschewing the Silicon Valley stereotype of founders being hoodie-wearing coders and using language that promotes inclusivity, according to co-founder and CEO, Sebastien Eckersley-Maslin. Ahead of his appearance at the Global Mobile Internet Conference in Sydney (5-6 December), where he’ll participate […]
Fresh from winning the People’s Choice Award at the Visa Everywhere Initiative (VEI), a pitching competition for female-led startups, Puffling co-founder Sarah Parker spoke to Dynamic Business about the problem her ‘dating site’ for job sharers is solving for return-to-work parents and employers. DB: What is the elevator pitch for Puffling? Parker: Puffling solves the […]
There’s no doubting that the world of business is changing. The traditional model of large international corporates functioning in a singular, closed-door fashion is fast disappearing, with companies now open to collaboration or outsourcing. While previously big corporates, protected by expensive barriers of entry, were responsible for all “business problems” in-house, technology has now made […]
The rise of fintech has made investing more simple than ever and the housing affordability crisis has led to a lot of people, especially millennials, looking for alternative ways to grow their wealth. People are investing more and the rise of ethical investing shows that they’re becoming increasingly conscious of what they’re actually investing in. […]
Although it’s becoming easier for startups to raise capital in Australia, high-growth companies are hamstrung by a shallow pool of global talent, warned Alex McCauley, CEO of StartupAUS and lead author of the 2017 Crossroads Report. The report, a comprehensive review of the nation’s startup ecosystem, features a state-by-state brief on the progress of local startup […]
The ex-Atlassian duo behind Sydney-based startup Dovetail are staying true to the values espoused by their former employer as they attract the likes of Nike, Deloitte and Freshworks to their customer feedback management platform. Launched in August, this year, Dovetail has already had 1200 sign-ups for its cloud-based platform, which enables users to analyse […]
