Victorian agtech startups have access to a new funding source with LaunchVic backing a new $1 million angel sidecar fund backed by Agriculture Victoria. The Hugh Victor McKay Fund is named in honour of the inventor who patented the combine harvester in the 1880s, one of the most important agricultural innovations in recent history. The… Read more »
StartGiving, the not-for-profit organisation inspiring a new culture of giving in the Australian innovation community, has launched a podcast and vodcast series for tech founders looking to start or scale their giving. Hosted by StartGiving founder and chair Daniel Petre and CEO Antonia Ruffell, the series features leaders in the tech and philanthropy spaces generously… Read more »
School management software scaleup Compass has won the tender to supply more than 800 of Western Australia’s Public Schools with its technology – a project it will deliver in partnership with ASX-listed TechnologyOne. The deal, which is worth more than $9 million annually over seven years, with an option for extension, will see Compass expand… Read more »
The growing wealth of the top end of town has seen an explosion in the creation of family offices over the last decade, according to new analysis. That boom is good news for anyone looking to work in the space, since it’s a lucrative role according to the KPMG Australian Family Office Compensation Benchmark Report… Read more »
It was National Science Week last week and as it is with nearly every discussion on every front, artificial intelligence (AI) was in the spotlight. With automation and AI revolutionising the world, this year’s program examines innovation and technological advancements across all fields. We asked four To try and flesh out some of the ways… Read more »
A Melbourne startup founded by two former Amazon employees to improve online search for related objects has raised US$5.2 million (A$8.1m) in a Seed round led by Blackbird. Marqo is an AI-powered vector search engine. Vector search is a way to find related objects with similar characteristics using machine learning to find semantic relationships. The raise was… Read more »
Researchers and clinicians with startup ideas in the medtech and biotech space can apply for a new startup accelerator that’s writing cheques worth up to $5 million to bring their ideas to market CUREator+ is a new $50 million incubator program by Brandon BioCatalyst and ANDHealth, backed by the federal government’s Medical Research Future Fund… Read more »
An expat Queenslander who found his fortune building HR data analytics startup One Model in the US has scored funding from the state government-backed QIC as part of a US$41 million (A$64m) Series B. The investment will see HR Data and Analytics expert Chris Butler, who grew up in Brisbane, studied IT and software engineering… Read more »
Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
Agriculture technology accelerator and investor AgriFutures is looking for five emerging leaders as part of a program to showcase the next generation of agrifood startup founders. Applications opened last week for the evokeAG. Future Young Leaders Program and close on September 4. The program, now in its fourth year, offers five emerging leaders the opportunity to… Read more »
Five Indigenous Australian university students will head to the United States next week for internships with NASA’s Jet Propulsion Laboratory. The students are part of the inaugural cohort of Monash University’s National Indigenous Space Academy (NISA), selected from universities across Australia and supported by the Australian Space Agency. The students will be partnered with a… Read more »
Startups from Australian or New Zealand could score up to $48,000 (£25,000) from health insurer Bupa as part of its 2023 eco-Disruptive program. The program connects selected startups with the Bupa team, supported by £25,000 in initial funding to develop their solutions to the biggest challenges threatening our planet. The global competition goes on to offer… Read more »
Sydney-founded cloud security startup Kivera has raised $5.1 million in a fresh seed round from US and Canadian investors as it looks to deep its roots in the North American market. The raise led by Canada’s Round 13 Capital, an existing backer, and New York cybersecurity investor General Advance. Senior executives from Amazon, Google, Shift5,… Read more »
Collingwood supporter and investor Alex Waislitz has led an $11 million raise via his Thorney Investment Group into an ecommerce startup that’s pivoted from being a surfboard rental business to underpinning retailers such as Patagonia. Five-year-old Awayco is a unified ecommerce solution that includes retail Point of Sale (POS), rental and appointments for retailers to… Read more »
Insurtech startup LifeBid has launched a crowdfunding (CSF) campaign with venture-backed platform Stride Equity, having already raised $700,000 in a strategic co-investment from industry partners and the Stride Group. LifeBid is the first startup Stride Equity has backed with investment since its launch earlier this year and is the first CSF campaign on the platform.… Read more »
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