Startup
A new report into Victoria’s startup landscape reveals that a majority of ventures are revenue positive within the first two years but are not giving thought to an exit strategy. Commissioned by LaunchVic in collaboration with Startup Victoria and dandolopartners the report – titled Mapping Victoria’s Ecosystem – defines a startup as any business with […]
As the innovation capital of the world, Silicon Valley has given birth to some of the world’s most successful start-ups. Organisations that have grown to be the big brands infiltrating every aspect of our lives – Netflix, Facebook, Apple, eBay, among them. There are many more. It makes you wonder, is there something in the […]
Five organisations have secured a total of $1.4 million in grants from LaunchVic to deliver programs that will help first generation migrants and refugees launch startups in Victoria, including regional and remote area of the state. According to LaunchVic CEO Dr Kate Cornick, the aim of LaunchVic’s latest funding round is to increase diversity […]
Startup founders that overlook co-working spaces that aren’t ‘geographically desirable’ might miss out on the ideal work environment, according to Liz Elam, the founder of Link Coworking in Austin, Texas. Meanwhile, Brad Krauskopf, CEO and Founder of Hub Australia, believes regional and suburban co-working spaces will eventually become the norm. The two co-working providers spoke […]
Global startup accelerator, Startupbootcamp has partnered with EnergyAustralia for a Melbourne-based accelerator program aimed at scaling smart energy ventures. The Startupbootcamp EnergyAustralia accelerator is backed by Spotless Group, Amazon Web Services, DiUS, KHQ Lawyers, Cisco and LaunchVic, and will run for three months from January 2018, with places available for ten startups. Applications are […]
Sydney-based fintech startup Spriggy has closed a $2.5 million funding round, which it will invest in evolving its educational pocket money app and bank card and growing out its user base of more than 35,000 parents and children. As part of the round, which was led by Alium Capital with additional funding from Perle Ventures […]
In the wake of its recent $2 million Series A capital raise, fintech startup EFTsure has entered into a collaboration agreement with PricewaterhouseCoopers (PwC), for an opportunity to mitigate the risk of electronic payment fraud for a larger pool of businesses. Founded in 2014, the Sydney-based venture has developed a software platform that validates the […]
The Sydney School of Entrepreneurship (SSE), which opened its doors today, is a partnership between all 11 NSW universities and TAFE NSW, with aim being to develop the next generation of entrepreneurs and build out the local startup ecosystem. Founded with a $25 million cornerstone investment by the NSW Government, the SSE campus is located […]
Sydney fintech startup Pennybox is seeking to transform Australia’s $1.5 billion pocket money market with a new app that teaches kids financial literacy while helping them earn money for completing household tasks. Pennybox was founded by former equity analyst Reji Eapen and ex-Googler Adam Naor, who developed their app with the assistance of a $25,000 […]
Sydney-based startup Hometime, which manages short-term property rentals, including Airbnb listings, has closed a $1.5 million seed funding round led by tech accelerator Asia Principal Capital (APCL). Founders Dave Thompson and Will Crock added APCL director Martin Dalgleish (the former chief executive of PBL Media) to their board as part of the deal struck with […]
Sydney-based fintech startup easyshare has launched its rent and bill payment mobile app following a successful pilot phase, which saw it process over $10m in payments for a thousand early users. John Bush, who founded easyshare in 2014, spoke to Dynamic Business about his company’s early success. DB: What motivated you to launch easyshare? Bush: I was in […]
Sydney-based fintech startup zipMoney (Zip) has secured a $40m equity investment from Westpac as part of a strategic alliance with the ‘Big 4’ bank. The investment follows the announcement, in May, that Zip – a provider of point-of-sale credit and digital payment services – had secured a $260m debt facility with $200 million in funding from […]
The real estate market is ‘over ripe’ for disruption, especially in Sydney, according to the brains behind MiSale, a Queensland-based startup that recently expanded into New South Wales and Victoria. Launched in Queensland earlier this year, MiSale is a freemium real estate platform enables people who wish to sell their homes to remove real […]
Global not-for-profit Girls in Tech (GiT) will host its first female-only, early-stage startup pitch night in Australia, next week. Taking place on Friday, 11 August at Australia Post (Melbourne), Amplify is an opportunity for ten female entrepreneurs to pitch live to a judging panel that boasts Susan Brown (MD, Girls in Tech), Val Brown […]
Since Qwilr launched in June 2014, co-founders Mark Tanner and Dylan Baskind have raised $2 million in funding for their SaaS web-document builder, which has been used by more than 40,000 businesses, world-wide, to create 200,000 webpages. The business partners spoke to Dynamic Business about having to ‘change gears’ and ‘murder darlings’ to get to where they are, […]
A finalist in this year’s Telstra Queensland Business Awards, KNOBBY is a subscription business out of the Sunshine Coast whose products are worn by tens of thousands of members globally. You might struggle to spot one on the street, of course, because KNOBBY is an underwear club. If you were to ask founder Rob Rand, […]
Evergen is taking advantage of a “once-in-a-hundred-years” opportunity for startups to gain ground against Australia’s legacy energy retailers, its CEO told Dynamic Business. Launched in August, last year, Evergen sells intelligent home energy systems that utilise solar power, batteries and CSIRO technology, which has been exclusively licensed to the energy services startup. Co-founded by Emlyn Keane […]
I often find it frustrating when I hear or see people from startups actively chasing the help and financial support of an accelerator. For those that don’t know, startup accelerators offer funding initiatives, mentor programs and other resources for startup businesses. It’s not to say that these are not useful, far from it. As I’m […]
Stone & Chalk is expanding its operations into Melbourne with the launch of a new fintech hub led by Alan Tsen, the founding CEO of Fintech Victoria, in August. The co-working space, which will occupy level 1, 259 Collins Street, has 60 desks available and, according to Stone & Chalk CEO Alex Scandurra, will […]
Ahead of travelling to the US in September to kick off its Series A funding round, Melbourne-based startup Brauz has closed its second seed round with $1m to get its personalised retail app to market. Founder and CEO Lee Hardham gave Dynamic Business a progress report on the Brauz app, which had its beta launch […]
