Kate Carnell, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), urged senators to pass the Australian Business Growth Fund Bill on Wednesday. Ms. Carnell explained that the bill would significantly encourage growth and promote economic expansion for small and medium-sized businesses around the country. “We strongly support the investment by the Commonwealth in the […]
Sydney-based med-tech startup, loop+, has recently landed on a $3M venture capital investment led by icare Foundation, Silicon Valley-based Yamaha Motor Ventures, Giant Leap Fund, Eleanor Venture and local angel investors. With a collective of platforms developed for wheelchair users to monitor their health, loop+ provides a collaborative space for individuals, their care teams and […]
Melbourne construction tech business, Buildxact, has recently raised $8.5 million in order to provide residential home builders solutions to the many business challenges they commonly face. The investment was led by Aconex co-founder Leigh Jasper, who is joining the company’s Board of Directors and taking up an advisory position as Director of Innovation. Buildxact provides […]
International wellness marketplace, ClassPass, recently announced the close of a USD$285 million Series E investment, led by L Catterton, Apax Digital and participated by existing investor Temasek. Now operating in 28 countries, ClassPass offers a monthly membership to boutique studios, gyms and wellness providers globally, including multiple locations in major Australian cities. The company joins the […]
Energy infratech start-up, Aurtra, has received a total of $2 million from Australia’s largest angel investment group, Sydney Angels, venture fund, Uniseed and other investors. Aurtra, a start-up based in Brisbane, was co-founded by Terry Woodcroft, Stephan McRae, and Richard Harris, who each have extensive experience launching new international products from Australia and growing businesses. […]
Today our guest is Jack Bowcott, who is the co-founder of goki, which was up until recently called Tipi – a hostel-focused technology company. goki provides tech solutions to hostels exclusively, enabling guest to check-in, download their keys, meet with guests, browse local experiences and much more. Jack founded the company in 2014 and has […]
New Australian startup, me&u, which simplifies mobile ordering & payments for cafes, restaurants and bars, has recently announced an AUD$8 million Series B funding round. Founder of me&u Stevan Premutico, who previously founded restaurant booking platform Dimmi, said that he is now ready to deliver me&u’s ambition “of improving hospitality experiences, removing the friction of […]
With the release of the ‘Game Changers’ documentary recently on Netflix, there is a lot of topical talk on eating more plant-based meals. It’s clearly more than just talk though, with the demand for plant-based meat shown by v2food’s capital raise. v2food is the newest plant-based meat startup, and it has just completed the largest […]
Very low interest rates are making for “quite extraordinary times” in the share market, the Australian Foundation Investment Company’s investment boss says. Historically low interest rates will be the driving factor for equities going forward, the managing director of Australia’s largest listed investment company says. “These are quite extraordinary times at the moment,” Australian Foundation Investment […]
When is an IPO a good fit for a company, and when isn’t it? Taking your business into the public realm through an Initial Public Offering (IPO) is a big step as it introduces new focuses and new standards prompted by your investors. It’s a process that can take a long time, with a lot […]
