Startup
Twelve startups have been selected to participate in Horizons, a regional travel accelerator program being run by Slingshot in partnership with travel tech company Amadeus, Brisbane Airport corporation and Queensland Tourism Industry Council. According to Slingshot CEO, Karen Lawson, the Horizons cohort boasts some of the most experienced travel entrepreneurs in the industry, including Paul […]
Hailed as the World’s Innovation Capital, Silicon Valley is often top of mind when a startup founder begins contemplating an expansion into the United States of America to add scale to their business. Operating in the Valley does lend a startup a certain degree of prestige – after all, it has birthed some of the […]
Financial technology startups are growing in Australia, from less than 100 in 2014 to approximately 579 companies today. Many financial businesses see this as a direct threat, but if our country is to have any hope of building a world-class financial services technology industry, the future lies not in competition, but in collaboration. We are […]
Online retail marketplace MyDeal.com.au has partnered with small business lender Prospa to offer its listed retailers loans to accelerate their growth. Retailers who list their products through the MyDeal marketplace can now apply for a business loan of up to $250,000 directly through their supplier management system and, in the case of loans under $50,000, […]
Rapid-growth SME credit bureau CreditorWatch has been acquired by InfoTrack, a leading provider of intelligent search and automated workflow solutions for business professionals. Founded by managing director Colin Porter in 2011, CreditorWatch has, in the ensuing six years, been able to challenge the duopoly held by incumbent credit bureaus Veda (now Equifax) and Dun & […]
Solar tech startup Redback Technologies has raised US$7 million in capital from the Clean Energy Innovation Fund and Right Click Capital as part of its Series A-2 funding round. Based in Brisbane, Redback offers an energy management system that uses machine learning to optimise the generation, storage and management of solar energy for households and […]
When GO1 raised our first seed round I went into negotiations knowing next to nothing about raising funds. But on the other side of the table, the investors that I spoke to did this every day. And that makes it dangerous. One of our first investors turned out to be a shark. Fortunately for us […]
GAVL, the real estate tech startup led by Ex-AFL player Joel Smith, has kicked off a planned $6m Series A round with an initial $1.8m in funding from existing investor Harris Capital, the investment office of Flight Centre co-founder Geoff Harris. Launched in December 2016, GAVL is an auction livestreaming and analytics platform that enables […]
On-demand dry cleaning pick-up and delivery service Laundromap has now launched in Perth and Sydney, with the founders of the New Zealand tech startup in the midst of planned $3-4 million capital raise to service further capitals across Australia. Since launching in New Zealand last year, Laundromap has grown at a rate of 30% month-on-month. […]
“What is the biggest growth barrier Australian startups are facing?” That’s the question Dynamic Business put to more than 20 entrepreneurs and industry experts, this week, for our exclusive “Let’s Talk…”, exploring success (and barriers to achieving it). Some commentators pointed to environmental factors such as a scarcity of local capital, customers and talent as well as a […]
Australia’s largest online jobs marketplace, Airtasker, has completed a $33 million funding round to bankroll the company’s first overseas foray, with an expansion into the UK. Airtasker had already been enjoying a milestone year, with the formation of strategic partnerships with IKEA and eBay plus the introduction of income protection insurance for its workers. The […]
Spacer is vying to become the dominant marketplace for storage, parking and warehouse space in Australia, today announcing that it has acquired Melbourne-based startup Parkhound and completed a $2.7m in Series A funding round. Founded by former private equity professional Roland Tam and ex-Deals Direct CEO Michael Rosenbaum, Spacer has raised $5 million in funding from angel […]
In being selected for Cedar-Sinai Medical Centre’s health tech accelerator, CancerAid has become the first-ever Australian startup to participate in the Los Angeles-based, Techstars-powered boot camp. Founded in August 2015 by doctors Nikhil Pooviah and Raghav Murali-Ganesh from the Chris O’Brien Lifehouse cancer hospital in Sydney, CancerAid is a cancer support app that helps patients […]
Five startups have been selected to participate in Australia’s first clean energy accelerator, EnergyLab, joining the initial cohort of four startups. Founded by Piers Grove and Nick Lake, EnergyLab is a not-for-profit business incubator operating out of the Blackfriars School House, UTS in Chippendale. It launched, earlier this year, with support from principal sponsor Origin Energy along with […]
Melbourne-based fintech startup Study Loans has this week launched its responsible student lending service, with $5 million available to Australians seeking to finance their tertiary education. In addition to completing a $2 million seed round to get the business off the ground, Study Loans co-founders Brett Shanley, Mark McCoach and Rhett Simonds raised $5 million debt equity […]
GoGet are continuing to realise their vision for a national network of carshare-enabled airports, with the introduction of their car sharing service at Adelaide Airport, following on from Melbourne Airport a year earlier. Founded in 2003 by Nic Lowe and Bruce Jeffreys, GoGet (originally Newtown CarShare) was Australia’s first car sharing service, and now has 2,300 vehicles […]
The brains behind Sydney-based startup Energy Bill Doctor are on a mission to provide consumers with a more complete picture of their energy costs and usage, via data analytics, while also driving the uptake of energy efficient solutions. Founded by Tim Wolfenden and Andrew Long, Energy Bill Doctor is a free online energy comparison tool that enables […]
NSW businesses can apply for matched grants of up to $250,000 to support joint R&D projects between NSW and Israel, under an innovation program announced by Minister for Innovation Matt Kean. The Minister said the ‘NSW-Israel R&D Tech Innovation Program’ would open global opportunities to develop, commercialise and sell new products and services while building […]
In the wake of Uber being stripped of its license to operate in London, the company’s newly-appointed CEO Dara Khosrowshahi has penned an open letter to Londoners, apologising for “mistakes” made by the ride sharing platform. On Friday, 22 September, Transport for London (TfL) informed Uber that it would not renew the company’s private hire […]
The founders of Sydney-based startup FoodByUs have evolved their online homemade meal marketplace to provide cafés and wholesale food suppliers with a distribution solution that doubles as a matchmaking service. FoodByUs was conceived by Ben Lipschitz, founder of footwear brand Flipsters, together with Tim Chandler, Menulog’s former lead developer, and Menulog co-founder Gary Munitz. It launched in […]
