Sydney-based healthtech start-up CancerAid has closed its Seed B funding round at $1.25 million, bringing its total valuation to $4.25 million. Founded in August 2015 by doctors Nikhil Pooviah and Raghav Murali-Ganesh of the Chris O’Brien Lifehouse cancer hospital, the company last month launched an app that manages a patient’s cancer journey, including their treatment and […]
EnergyAustralia has invested $9.3 million in Brisbane-based solar energy start-up Redback Technologies, establishing a partnership aimed at increasing the uptake of reliable, affordable and cleaner energy solutions among homeowners. Under the partnership, Redback’s integrated hardware and software technologies, which capture, store and manage solar energy, will be promoted to EnergyAustralia’s 1.7 million customers in Victoria, […]
Fed up with the time and money they’d each wasted on a ‘trial and error’ approach to recruitment, serial entrepreneurs Aleksander Svetski and Todd Pierce partnered to develop an intelligent job-matching system that removes guesswork and uncertainty from the equation. Set to roll-out from November, iRecruit is a cloud-based, data-driven platform that uses cutting […]
By supporting the local start-up ecosystem, angel investors not only stem brain drain but keep IP in Australia. According to Trevor Folsom, co-founder of Sydney-based start-up generator Investible, problems arise when investors are seduced by opportunities that see them invest ‘too heavily and too early”. This month, Investible launched First Angel, a 12-month educational program […]
Westpac has invested $16.5 million in uno Home Loans, a Sydney-based digital mortgage service that has attracted a number of investors since launching in May. According to uno CEO and founder, Vincent Turner, the platform (pronounced ‘you know’) was established to give people “greater control over the home loan process and the confidence to achieve […]
Innovation and sport are two fundamental pillars in the makeup of the Australian psyche. Whether it is pioneering in medicine or dominating our national sports on the global stage we’ve done it with a sense of community and a touch of inventiveness. Our success in the Olympics over many generations is a testament to our […]
Building and growing a business requires a lot of effort + a little luck + investment capital. Effort is hard work over a period of time and luck is often a by-product of effort. This leave’s investment capital: deciding how to raise investment capital is not an easy decision. There is no one-size-fits-all approach to […]
It was 2010 and I needed to find someone that could build shelves for my apartment. What seemed like a simple task, proved more stressful than I had imagined. I relied first on word of mouth from family and friends but then turned to the internet. The process was arduous and several days passed before I […]
Fed up with conservative investment professionals leaving a trail of broken dreams, a trio from South Australia has launched an online platform to help would-be start-up founders and other entrepreneurs nurture their ideas. Co-founded by Kalif Auditore (CEO), Nick Boniciolli (COO) and Joshua White (CTO), Joey Crowd is being billed as the world’s first crowdfunding […]
Risk is an unavoidable part of business, regardless of whether you’re a startup founder or operate a successful established business. As an owner, it’s likely your job involves making risky investment decisions. To invest or not invest? That’s what it boils down to. Business is mostly conducted with the mind, rather than the heart, but […]
