#Raising Capital
Let’s Talk: Raising Capital
How to get investors to sit-up and listen. Entrepreneurialism is thriving in Australia and according to Forbes.com 35 per cent of Australian startups are based in Sydney followed by 14 per cent in Melbourne and 9 per cent in Brisbane. So, when it comes to seeking investors, competition is fierce. According to co-founder of BenchOn, Tim […]
Athena raises $15m in Series A funding to disrupt the $1.7 trillion home loan market
Fintech startup Athena Home Loans has raised $15 million in Series A funding from Macquarie Bank, Square Peg Capital and Apex Capital for its cloud-native digital mortgage platform. Athena, which previously raised $3 million in seed funding from Macquarie, Apex and Rice Warner, was launched in June 2017 by ex-bankers Nathan Walsh (CEO) and Michael […]
HappyCo raises US$10.8m to scale its property tech platform and capitalise on APAC growth
Homegrown, US-based property tech startup HappyCo has completed a US$10.8 million Series A round led by Sydney’s Alium Capital Management. Australian VC firms Tempus Partners and PieLab Venture Partners also participated in the round along with HappyCo’s existing investors Larsen Ventures and Sandalphon Capital. Founded in Adelaide in 2011, before relocating to San Francisco the following year, […]
‘Social media users are hungry”: Gather Online receives $1m to grow its ‘Snapchat for groups’
Social networking startup Gather Online, which markets itself as ‘Snapchat for groups’, has accepted a $1 million seed investment from Brett Dawson and onboarded the former Dimension Data CEO as the chairman of its board. Based in Sydney, the social discovery and messaging platform boasts 40,000 active daily users and has now raised $2.5 million […]
Payments app startup QPay raises $570k to draw millennial consumers away from the banks
The brains behind QPay, a payments app for uni students, have secured $570,000 in funding to challenge banks for the millennial market. Provided to QPay by high-profile investors including Sydney Angels and the Sydney Angels Sidecar Fund 2, the funding will enable the startup to release a student-targeted QPay MasterCard. According to QPay CTO and […]
Renewable energy startup Redback scores $8.9m to enhance its solar technology offering
Solar tech startup Redback Technologies has raised US$7 million in capital from the Clean Energy Innovation Fund and Right Click Capital as part of its Series A-2 funding round. Based in Brisbane, Redback offers an energy management system that uses machine learning to optimise the generation, storage and management of solar energy for households and […]
What to know about raising capital
When GO1 raised our first seed round I went into negotiations knowing next to nothing about raising funds. But on the other side of the table, the investors that I spoke to did this every day. And that makes it dangerous. One of our first investors turned out to be a shark. Fortunately for us […]
“Game-changer”: Fintech Australia welcomes changes to draft crowdfunding legislation
Changes made to the draft crowdfunding legislation, which will allow private companies to crowdfund equity, will protect investors while reducing costs and red tape for companies, according to advocacy group FinTech Australia The draft crowdfunding legislation was introduced into the Australian Parliament by Treasurer Scott Morrison, yesterday. FinTech Australia expects the legislation to provide a new fund-raising […]
Why Gemini3 received a ‘kick-start’ from St George Bank
You’ve got the idea, you’ve done the research and your plans are ready and waiting; but finding someone to invest in an untested business model seems nigh on impossible. It’s the usual conundrum. A recent report from the UK suggested that despite high levels of confidence amongst younger entrepreneurs, many are being held back by […]
SMEs prospering with Prospa as more turn to alternative lenders
From and early age, Greg Moshal has always been involved in small business. With his beginnings in a family venture to owning his own, the struggles of obtaining finance to start and grow a business became an all too familiar story. Speaking of his own experience starting and running a business, Greg told Dynamic Business […]
The 7 greatest challenges facing young entrepreneurs
Aside from managing the pressures of running your own business, young entrepreneurs can be subjected to certain social attitudes and stereotypes that make it even more difficult to be successful and obtain a secure position in the business world. This could be considered the best and easiest moment in history to become an entrepreneur with […]
Jetpack invention a lesson in courage
Most people are not smart enough to invent a jet pack. I’m talking about a personal jet pack that actually flies.
Startup ingogo proves crowdfunding pays
Sydney startup ingogo has raised an impressive $9.1 million in a pre-IPO funding round, including $1.2 million via a crowdfunding platform.
Are you ready to be an angel?
Investing in startups used to be something only millionaires and the über wealthy could afford or even think about. But times have changed.
Big Pitch competition awards two startups $5 million
After more than 350 startups vyed for a chance at $5 million in the Inaugural Big Pitch competition, two lucky start-ups have chosen to share the prize.
How to land the investor big bucks
For any startup, securing capital and investment is everything. Not only does it mean somebody believes in your idea, but also that they’re willing to bet on it.
$10k business grant open to female entrepreneurs
A social and ethical investment organisation has launched a grant for women entrepreneurs valued at over $10,000.
Crowdfunding the new normal in brand marketing
As social and digital media were in 2012, crowdfunding was one of the most talked about topics in 2013.
Crowdfunding platform Indiegogo launches in AUD
Go back just a few years, and using the term ‘crowdfunding’ would have received some very blank stares. For Danae Ringelmann, co-founder of Indiegogo, crowdfunding represents a democratisation of access to capital.