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Tank Stream Labs takes co-working to Perth

Hot on the heels of its recent expansion into the $35 million Sydney Startup Hub, Tank Stream Labs has launched its first tech startup co-working space on Australia’s east coast. [Related: “Huge coup for Sydney” – $35m startup hub to host exclusive Microsoft accelerator program and The NSW Government is launching a $35 million innovation hub; the […]

James Harkness · 2 min
Funding | Investment

Car Next Door completes crowdfunding ‘test run’ to close oversubscribed Series B round

Peer-to-peer car sharing platform Car Next Door has completed an oversubscribed Series B funding round with a $5 million capital injection. [Related: Share a ride with Car Next Door’s Will and Dave: the duo challenging car ownership, Car Next Door seeking to double funding to accelerate roll-out of its sharing platform and Car Next Door secures $2.3m in […]

James Harkness · 2 min
Finance

Regulatory barriers to capital lowered as ASIC issues first crowd-sourced funding licenses

Seven companies have become the nation’s first crowd-sourced funding (CSF) intermediaries after receiving Australian Financial Services (AFS) licenses from the Australian Securities and Investments Commission (ASIC). Under the CSF framework, which commenced in September 2017, Big Start, Billfolda, Birchal Financial Services, Equitise, Global Funding Partners, IQX Investment Services and On-Market Bookbuilds have been authorised to […]

James Harkness · 2 min