This original podcast by Startup Daily takes a look at the way large companies across Australia and New Zealand approach innovation. On this episode of Startup meet Corporate, Gina and Tricia chat about online marketplaces. They have a chat with Steve Traplin, the head of Groupon in APAC, to chat about the company’s growth in… Read more »
Murray Hurps is returning to Harris St, with the University of Technology Sydney (UTS) announcing the appointment of the former Fishburners CEO to the new role of Director of Entrepreneurship. Officially taking on the mantle today, UTS stated Hurps will be working within the leadership team of the UTS Innovation and Entrepreneurship Unit, which is… Read more »
As the startup community has grown and developed over the years, its Budget wishlists have also grown longer in the lead up to the second Tuesday of each May. While the big hope for many is another National Innovation and Science Agenda-style package, the most the startup community can content itself with in 2018 is… Read more »
When we think about startup failure, the first thing that comes to mind is the financial impact — investors losing their money, which is terrible. But we sometimes forget the human impact — on founders and on the teams they lead. I’ve experienced this personally. I know and have spoken with many other founders who… Read more »
Amazon is set to open its second Australian fulfilment centre, or distribution warehouse, in the coming months, today announcing its leasing of a 43,000 square metre facility in Moorebank, in Sydney’s south west. The company’s first fulfilment centre is a 24,000 square metre facility in Melbourne’s Dandenong South, launched a few months ahead of retail… Read more »
Fresh off opening a space in Perth, coworking community Tank Stream Labs has brought on entrepreneur and Shark Tank judge Andrew Banks as its entrepreneur in residence. Taking office space at the community’s Sydney hubs for the next 12 months, Banks will be on hand to mentor members. Banks said he is excited to join… Read more »
Australian-founded, Texas-based ecommerce company BigCommerce has raised US$64 million ($85 million) in a funding round led by Goldman Sachs, with participation from existing backers General Catalyst, GGV Capital, and Tenaya Capital. Bringing the total raised by the company since its founding by Mitchell Harper and Eddie Machaalani in 2009 to over US$200 million, the funding… Read more »
Melbourne-founded location services company Bluedot Innovation has raised US$5.5 million ($7.24 million) in a Series A round led by toll road development and management company Transurban, with participation from investors including Jeff Katz and founding CFO of PayPal, David Jacques. The funding from Transurban, which contributed US$4 million ($5.26 million) to the round, follows the… Read more »
TechSydney and Tech Ready Women have shared in $80,000 in knowledge exchange grants from the City of Sydney aimed at helping the two organisations further develop the city’s startup community. Tech Ready Women, a Sydney-based incubator looking to help women without a tech background bring their startup ideas to life, has received $25,000 to run… Read more »
NSW Premier Gladys Berejiklian has announced a partnership with India aimed at enabling collaboration between Indian industry and the NSW startup, tech, and advanced manufacturing sectors. The partnership is worth $1.58 million over two years, with these funds to enable NSW startups to travel to India and foster collaboration and commercial connections. There are already… Read more »
Telehealth startup Coviu, which spun out of the CSIRO’s Data61 arm, has raised $1 million in funding from Main Sequence Ventures, managers of the CSIRO’s $200 million innovation fund. Coviu works on WebRTC, or Web Real Time Communications, where real time video conferences can take place in a person’s browser by users able copy and… Read more »
Switzerland-based human resources solutions company Adecco Group has announced it is set to acquire education company General Assembly for US$412.5 million ($530 million). General Assembly will operate as a separate division within the organisation, with founder and CEO Jake Schwartz to report to Adecco Group. Founded in 2011, General Assembly provides individuals and businesses training… Read more »
The University of New South Wales is doubling down on online learning, partnering with provider Keypath Education to launch a series of Master’s programs that will run solely online. To launch by early nearly year, the university will first launch Business and Engineering programs. According to UNSW, the move comes as it has already redesigned… Read more »
Tech Ready Women, a Sydney-based incubator looking to help women without a tech background bring their startup ideas to life, has partnered with tech-focused education provider Academy Xi to launch a $100,000 scholarship fund aimed at encouraging more women to develop and launch a startup. The fund will be distributed over 12 months, giving successful… Read more »
By Jamie Pride Startups are the new black. Approximately three startups are founded every minute. More than $50 billion in venture funding is invested in startups every year. But nine out of ten startups will fail within three years of being founded. Not great odds. So why do founders keep at it? A great startup… Read more »
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