Startup Daily

Startup Daily has been inspiring, educating, and reporting on the Australian tech and startup community since 2012.

Peter Leeson
Funding

Birchal’s new LaunchVic-backed investment syndicate has helped raise $1.9 million for hardware startups in 90 days

- December 5, 2024 2 MIN READ

Crowd-sourced funding (CSF) platform Birchal’s new Birchal First Syndicate has turbocharged $1.9 million in funding for Victorian hardware technology startups in 90 days since its launch. The angel syndicate, backed by a $300,000 LaunchVic grant, combines its lead investments with retail investor support on the crowdfunding platform’s equity capital raising campaigns. While battery-powered aircraft engine… Read more »

Southstart
Events

Applications to pitch your startup at _SOUTHSTART 2025 close soon

- December 5, 2024 < 1 MIN READ

One of Australia’s best tech and innovation festivals, South Australia’s _SOUTHSTART, is offering 10 startup founders to take the stage for its pitch showcase in 2025 The annual 3-day event brings together founders, investors, and industry visionaries to connect, and shape the future, next year from March 4-6, in Adelaide’s Garden of Unearthly Delights, as well… Read more »

Peter Treloar
Funding

Personality testing AI analysis startup Taly lands $500,000 pre-Seed from Skalata

- December 4, 2024 2 MIN READ

Melbourne startup TALY has raised $500,000 in pre-Seed funding led by Skalata to transform how companies use personality data to make better decisions.  Founder Peter Treloar said that while $4.3 billion is spent annually personality testing, but for the most part it’s poorly utilised.  “The secret of enterprise personality testing is that most of it… Read more »

Coffee dog
Business

New research looking into mental health in startups and how founders and investors interact needs your views

- December 4, 2024 2 MIN READ

A new Australian research initiative aiming to shed light on the often-overlooked mental health challenges facing founders and their relationship with investors, to address a critical knowledge gap in the startup community wants to know what you think. Recent international studies have revealed a significant disconnect between founders’ mental health struggles and their willingness to… Read more »

People

Former science and innovation minister Arthur Sinodinos joins deep tech VC Salus Ventures

- December 4, 2024 2 MIN READ

Former spy boss Paul Symon, Australian Missile Corp CEO Rear Admiral Lee Goddard and former Senator Arthur Sinodinos have signed on with VC fund Salus Ventures as strategic advisors as the firm sharpens its focus on defence and national security. The Sydney-based $40 million fund, launched in 2023 and led by former Salesforce Ventures Australia… Read more »

Funding

Perth venue booking platform SpacetoCo raises $2 million for UK plans

- November 29, 2024 2 MIN READ

Western Australian venue rentals startup SpacetoCo has raised $2 million from Purpose Ventures, as the booking platform look to take its international ambitions to the UK. SpaceToCo simplifies the venue hire process for owners such as local government and community centres. Its enterprise-level software streamline the booking process and reduces repetitive administration tasks as well… Read more »

Funding

Macquarie Uni biotech spin out raises $16.8m Series A

- November 29, 2024 2 MIN READ

A biotech startup hoping to use gene therapy to treat neurodegenerative diseases such as Motor Neurone Disease (MND), epilepsy and dementia has raised $16.75 million in a Series A. The round for Celosia Therapeutics was led by research  commercialisation fund Uniseed, with support from UniSuper and hedge fund manager Iomar Barrett, who has amyotrophic lateral… Read more »

SheHacks
Women in tech

The SheHacks revolution: 5 Indonesian female founders begin their Australian trade and mentor tour

- November 28, 2024 3 MIN READ

The best of Indonesia’s SheHacks startup program has arrived in Sydney, with five leading female founders from Jakarta ready to meet with government, industry leaders and investors to explore opportunities for transnational collaboration and mentorship. Sponsored by the Australia Indonesia Institute (AII), and Indonesian telco, Indosat Ooredoo Hutchison, the ‘ SheHacks validation tour’ marks an… Read more »

Solar panels on roof in forest
Funding

Hostplus commits another A$125M to IP Group Hostplus Innovation Fund

- November 28, 2024 2 MIN READ

Leading investor in university-originated deep tech, IP Group Australia, has announced a new A$125 million contribution from Hostplus to the IP Group Hostplus Innovation Fund. Hostplus has added to its existing A$310m investment to bring its total commitment to $435m, backing companies like green hydrogen pathfinder Hysata, chronic lung disease therapy biotech RAGE and sustainable… Read more »

Goterra maggots
Climate Tech

Goterra’s maggot ‘robots’ launch in Western Sydney, set to revolutionise food waste management

- November 27, 2024 2 MIN READ

Climate startup Goterra’s innovative new food waste management system has launched in Wetherill Park in Sydney’s western suburbs and aims to transform how the city deals with the thousands of tonnes of food waste generated each week.  This represents a significant step towards creating a food waste circular economy. Goterra – winner of Most Innovative… Read more »

Business

Finder acquires shopping cashback fintech Grow My Money

- November 27, 2024 2 MIN READ

Comparison fintech Finder has acquired cashback platform Grow My Money for an undisclosed sum. Founder Pascale Helyar–Moray originally launched Grow My Money as Super-Rewards in late 2019, helping people save for the retirement with a cashback program from shopping. She subsequently expanded into mortage repayments, transforming the fintech into its current form and brand People can shop… Read more »

FB10x team
Funding

FB10X backs female-led startups and pledges nearly $500K

- November 27, 2024 2 MIN READ

FB10X, an angel investor syndicate comprised of seasoned executives from leading Australian companies, has announced its latest investment in Heatseeker, a pioneering market experiment platform designed for fast-growing businesses. This investment underscores FB10X’s commitment to backing innovative startups and fostering a more equitable entrepreneurial landscape. Heatseeker co-founder Kate O’Keeffe expressed her enthusiasm for the partnership,… Read more »

Darren Westlake and Birchal Chair, Adam Vice
People

Crowdcube founder Darren Westlake joins Birchal to supercharge Australian equity crowdfunding

- November 26, 2024 2 MIN READ

Birchal, Australia’s leading equity crowdfunding platform, has announced the appointment of two industry heavyweights to its leadership team. Darren Westlake, the founder and former CEO of Crowdcube, joins Birchal as a Strategic Advisor, while Rod Bristow, former CEO of Investible, has been appointed as a Non-Executive Director. Westlake, a pioneer in the global equity crowdfunding… Read more »