Startup
MadeComfy, a Sydney-based startup helping property owners tap into the shared accommodation market, has attracted $1.1 million in funding from a quintet of investors including LinkedIn (ANZ & SEA) MD Cliff Rosenberg. The other four investors are Amaysim co-founders Rolf Hansen and Peter O’Connell, Investec Australia MD Hein Vogel and Airtasker investor/advisor Manfred Hasseler, with […]
The NSW Government has pumped $35 million into the creation of a startup and innovation hub, which will occupy 17,000 square metres, across 11 floors, on York Street in Sydney’s CBD. In a joint statement, Premier Gladys Berejiklian and Small Business Minister John Barilaro said the Sydney Startup Hub will be the largest startup hub […]
For many Australians, our passions go well beyond our day jobs – and turning them into viable business ventures has never been easier. Last year, my company’s research found that 1 in 4 small business owners started their venture as a side project while being employed elsewhere. And research commissioned by the NBN revealed that […]
Having recently graduated from leading US fintech program, Envestnet Yodlee Incubator, Melbourne-based start-up Finch has today launched its first offering to the Australian market – a social payment app that gives millennials a clearer picture of their spending habits. Shahirah Gardner, who co-founded Finch with her husband Toby Gardner and their friend Eric Kuhn in […]
Award-winning app developer Buzinga has been placed into liquidation, this month, because it was reportedly unable to sustain costs it had incurred to fuel continued growth. The Melbourne-based start-up had averaged 30% year-on-year growth, employed around thirty people and developed several chart-topping apps, including FoodSwitch. In addition to securing Gold wins at the Australian […]
When it first launched, NZ start-up Invert Robotics had a “solution in search of a market”. Today, it’s enjoying significant year-on-year growth, having adapted it robotics technology for use by multiple industries across multiple countries Founded out of New Zealand’s University of Canterbury in 2011, Invert Robotics employs robots which are capable of climbing various surfaces, […]
Logistics management platform Shippit has announced its first major investment since closing a $2.2m Series A capital raise in May, with the recruitment of Australian logistics veteran Dominic Culbert as its Head of Logistics. Culbert has over 18 years of experience in ecommerce logistics, and most recently served as the Group Logistics and Delivery Solutions […]
When can a startup rightly call itself scaleup and what value do scaleups and corporates derive from partnering with one another? Trent Bagnall, the co-founder of corporate accelerator Slingshot, provided Dynamic Business with answers. Bagnall said Slingshot doesn’t rely on the official OECD definition of scaleup, which is essentially a company with year-on-year growth of […]
If you’re an aspiring entrepreneur who can express their business idea in 25 words or less, HubSpot is giving you a shot at winning $100,000 to put towards launching your dream venture. As part of their #SummerStartup contest, the inbound marketing and sales software company is inviting business hopefuls from the US, UK, Ireland, […]
When starting out in business, there are a million and one things to think about. One that can often get overlooked is the protection of designs. It is essential to have protection on all business designs, and it’s something that businesses often don’t think about until it’s far too late. I learnt this the hard […]
The doctors behind cancer support app, CancerAid, secured a $500,000 investment from entrepreneurs Andrew Banks and Dr Glen Richards during the season premiere of Shark Tank, this week. Founded in August 2015 by doctors Nikhil Pooviah and Raghav Murali-Ganesh from the Chris O’Brien Lifehouse cancer hospital in Sydney, CancerAid was developed in collaboration with […]
St. George has awarded a total of $100,000 in business grants as part of its 2017 Kick Start program, a fast-paced, 60-second pitch competition hosted at TEDxSydney (16 June). In the New Business Idea category, Patch’d Medical and GoTerra out-pitched four other start-ups to take home first and second prize (a $40,000 grant and a […]
In an effort to generate innovation in the food and beverage sector, Lion has launched a 12-week accelerator program that will pair its brands with start-ups and entrepreneurs. The program, Lion Unleashed, was designed in partnership with corporate accelerator Slingshot. According to Lion CEO Stuart Irvine, the initiative is an opportunity for start-ups and scale-ups […]
Start-ups selected to participate in Creative3 Pitch, QUT Creative Enterprise Australia’s annual creative-tech pitching competition, will compete for a place in StepUp, Virgin Startup’s mini-accelerator program in London. The winner will also secure the right to represent Australia at the international Creative Business Cup (CBC) in Copenhagen, Denmark, where there will be opportunities to connect with investors […]
Venture capital investment in Australia has reached $1 billion this financial year, according to a new report launched by Minister for Innovation, Senator Arthur Sinodinos. The Australian Private Equity and Venture Capital Association Limited (AVCAL) report, titled The Venture Capital Effect, reveals Australian VC funds a) raised a record $568 million in 2015-16 and […]
Businesswomen will continue to be underrepresented in tech-related industries if they are judged against male values, according to Silicon Valley veteran Julie Demsey, General Manager of SBE Australia. Demsey spoke to Dynamic Business about the skills women bring to the tech sector, the difference between Australia’s start-up culture and America’s, and the launch of SBE Australia’s […]
Industries are at danger of disruption when the status quo is not just complexity, regulation, a lack of transparency and waste but also an absence of collaboration, according to Karen Lawson, CEO of corporate accelerator Slingshot. She spoke to Dynamic Business about how collaborating with start-ups will help a corporate to survive ‘the wave of disruption’. Lawson explained […]
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 […]
