Startup
Australian travel insurance provider Fast Cover has secured global financial services business Hollard as its new underwriter. The deal marks the first time the global financial services business has partnered with a specialised travel technology firm. In a statement announcing the partnership with FastCover, Hollard’s CEO Richard Enthoven said his company is “always looking to work with […]
Melbourne-based reusable cup manufacturer KeepCup has reported a 690% increase in sales enquires since the final ABC’s three-part documentary series War on Waste concluded last week. Presented by Craig Reucassel of The Chaser fame, the series finale focused on Australia’s coffee industry and highlighted the fact that 1 billion disposable cups are sent to […]
Corporate accelerator Slingshot and the University of Newcastle (UON) have been jointly awarded $475,000 by the Federal Government to establish a two-year program that will support up to 16 start-ups in the Hunter region of NSW. In addition to supporting local entrepreneurs to scale their businesses, Slingshot expects the Integrated Innovation Network (I2N) Regional Accelerator […]
Her Fashion Box, an online fashion start-up that secured funding on the second season of Shark Tank, has been taken to court over allegations it ran an unlawful unpaid internship program and underpaid three workers more than $40,000. The Fair Work Ombudsman has commenced legal action in the Federal Circuit Court against the subscription box […]
Peer-to-peer car sharing platform Car Next Door is seeking to raise $5 million from investors to capitalise on rapid growth over the last 18 months, during which it expanded from Sydney and Melbourne into Brisbane. Co-founder and CEO Will Davies told Dynamic Business that his start-up, which enables car owners to rent out their vehicles when they’re […]
To kick-off Global Sharing Week (4-11 June) in Australia, more than 20 gig economy platforms are participating in a free event that shows attendees how to generate additional income from their under-utilised assets and time. The Income Booster Expo runs from 11am to 4pm on Sunday, 4 June at 55 Pyrmont Bridge Road, Pyrmont, Sydney. […]
In the process of completing a $100 million Series D round, US cybersecurity start-up CrowdStrike, which expanded into Asia Pacific last year, has onboarded Telstra Ventures as a new investor. Led by existing CrowdStrike investor Accel, the Series D Round brings CrowdStrike’s total funding to $256 million, with a valuation of over $1 billion dollars, […]
Look Who’s Charging out-pitched nine other start-ups to be crowned the winner of CeBIT PitchFest on the final day of CeBIT Australia. Founded by Stuart Grover, Look Who’s Charging is a Lake Macquarie-based FinTech start-up, which has set out to simplify the process of recognising unknown bank statement transactions and reconciliations. “Winning the prestigious CeBIT PitchFest […]
Innovation and startups are set to be the future of the Australian, and possibly even global, employment landscape. However, educational institutions place a greater emphasis on students and graduates obtaining employment in established companies in favour of startups. With reports stating that the concept of automation will see five million Aussie jobs gone in the next […]
If you’re reading this, you probably already think your business needs the boost that PR can give, but here’s the big question: How do you go about getting the media to write about you? Well, you have two options. The first is to hire a PR agency, which will set you back at least $4,000 […]
Pre-Series-A technology start-up Sinorbis, which assists Australian companies and marketing agencies to engage Chinese digital customers, has closed an oversubscribed $2.3 million bridging round, bringing its total capital raise to $3.9 m to date. In a press release announcing the raise, co-founder and CEO Nicholas Chu explained that Australian companies have ‘traditionally struggled’ to market […]
Over a five-year period, homegrown Mexican fast-food franchise Zambrero has increased its national footprint by around 750%. The company’s CEO of more than three years, Karim Messih, spoke to Dynamic Business about the 12-year-old brand, including the humanitarian cause that has contributed to its rapid growth as well as its expansion into overseas markets. Beating […]
Sydney-based logistics start-up Shippit has declined the opportunity to close a $5m Series A funding round, instead settling for a more modest $2.2 million from a line-up of new investors. Co-founders Rob Hango-Zada and William On originally sought to raise $3 million for the shipping management platform they launched to market in February 2015. […]
To stop a leakage of bright, entrepreneurial minds from Australia, chartered accountants Domenic Saporito and Gerard Holland have partnered on a venture that makes it easier for international students and graduates to break into the local start-up ecosystem. Holland has previously worked with middle-market and early-stage companies as a business advisor, while Saporito has a […]
This year’s Federal Budget is notable for its lack of focus on start-ups, innovation and entrepreneurship, according to Alex McCauley, CEO of Australia’s peak advocacy group, StartupAus. “That will certainly cause some frustration, because the Government has done a lot to build expectations that it is committed to making Australia one of the best countries […]
Having led myDNA’s $10m Series A funding round, the CEO of vitamin brand Swisse Wellness Radek Sali has joined the board of the Melbourne-based consumer health venture. myDNA CEO Dr Lior Rauchberger told Dynamic Business that the company’s latest capital raise, which follows a $4.5m seed round in 2015, demonstrates the “market is ready for genetic science […]
The first cohort of HR Tech, Australia’s first HR startup accelerator, has been announced, with female entrepreneurs in the majority amongst the founder teams accepted. The following start-ups and scale-ups made the inaugural cohort of HR Tech, which is a partnership between Hudson, SEEK, The University of Technology Sydney (UTS) and corporate accelerator Slingshot – Cohelix, […]
This week, Melbourne’s Airwallex – a fintech start-up specialising in cross-border payments – closed one of the largest Series A funding rounds ever held by an Australian technology venture. CEO and co-founder, Jack Zhang, spoke to Dynamic Business about what was involved in securing US$13 million for the company’s foreign exchange platform from three global heavy hitters: […]
The NSW government has selected 12 innovative tech start-ups to exhibit alongside 100 emerging companies at CeBIT Australia, which is being held at Sydney’s International Convention Centre from 23 to 25 May. The NSW government is an official partner of the business tech event, which is expected to attract 15,000 attendees. It will host an […]
Sydney FinTech start-up CurrencyVue has received financial support from the state government’s job creation agency to develop and test an affordable, easy-to-use foreign exchange (FX) platform for SMEs. The Minimum Viable Product (MVP) grant from Jobs for NSW helped CurrencyVue – a graduate of the BlueChilli accelerator program – cover 15% of its development costs, according […]
