Topic
Online business lending startup Prospa joins Yellow Brick Road lending panel
Online business lender Prospa has joined the lending panel of investment management company Yellow Brick Road, which is looking to extend its offering for small business customers. Launched in 2011, Prospa allows small businesses to access unsecured loans of between $5,000 and $250,000, with approval and funding within 24 hours. Since launch, it has funded… Read more »
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TAFEs sign up to roll out cyber security courses
With reports estimating that the Australian cyber security industry will need to employ at least 11,000 additional workers over the next decade, TAFEs around Australia have signed up to roll out the country’s first set of dedicated vocational qualifications in cyber security. The new Advanced Diploma in Cyber Security and Certificate IV in Cyber Security… Read more »
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RACQ acquires 30 percent stake in Brisbane artificial intelligence company Blackbook.ai
Queensland-based motoring club and mutual organisation RACQ has bought a 30 percent stake in Brisbane artificial intelligence company Blackbook.ai for an undisclosed fee. Specialising in services including robotic process automation, digital automation, and chatbots, the company is the automation and AI division of Blackbook Professional Services. Greg Booker, chief information officer of RACQ, said the… Read more »
Topic
Deloitte acquires software development agency Well Placed Cactus to boost digital capabilities
Deloitte has acquired software development agency Well Placed Cactus and its team to boost its digital capabilities. Based in Brisbane and Melbourne, Well Placed Cactus was founded in 2012 and has worked with clients including ANZ and the National Museum of Australia on projects including games, apps, interactive installations, and augmented and virtual reality. Cindy… Read more »
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York Butter Factory expands Melbourne footprint with acquisition of coworking space Teamsquare
Fresh off the launch of its Sydney space Hoist, Melbourne-founded coworking community York Butter Factory has acquired fellow Melbourne coworking space Teamsquare. With the acquisition, the York Butter Factory community will move to the 3,100 square metre, three-level Teamsquare space on Bourke St, growing its footprint grow by five times. Its current community of around… Read more »
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Catch Group and Lux Group swap retail and travel brands and form new joint venture
With the local ecommerce landscape having shifted overnight with the official launch of Amazon in Australia, ecommerce businesses Catch Group and Lux Group have today announced the swapping of several assets and the creation of a new joint venture in a bid to streamline each of their offerings. To focus on travel, Lux Group has… Read more »
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South Australia turns on Tesla battery ahead of schedule
From a bet made on Twitter just a few short months ago, Tesla has switched on the world’s biggest lithium ion battery in South Australia, in time for both the first day of summer and making good on Elon Musk’s promise that it would either be ready in 100 days or be free. Connected to… Read more »
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New Zealand drone startup Dotterel Technologies raises $500,000 to further develop noise reduction tech
Techstars Adelaide grad Dotterel Technologies, a startup developing noise reduction and audio recording technology for drones, has raised $500,000 in funding from investors including Korea’s ESV, the University of Auckland’s Inventors Fund, and Techstars. The startup was founded in New Zealand by Matt Rowe, Shaun Edlin, Seamus Rowe, and Shaun Pentecost out of the Callaghan… Read more »
Topic
Monash University and Bosch Australia partner to launch agtech facility in Melbourne
Monash University has partnered with Bosch Australia to create an agtech facility in Melbourne, which will work on the creation and testing of smart farming techniques. The development will sit on one hectare of land at Bosch’s Clayton headquarters, making room for a development centre and agtech ‘launch pad’ facility, which will include a smart… Read more »
Topic
Government to introduce Consumer Data Right giving consumers open access to their data
Australian consumers will have open access to their banking, energy, phone, and internet transactions and data under new legislation put forward by the Federal Government. The legislation will look to create a Consumer Data Right, which was one of the recommendations put forward by the Productivity Commission’s report on the inquiry into Data Availability and… Read more »
Fishburners
Why Silicon Valley veteran Marcus Segal is heading to Sydney to share his insights with local founders
Ask any startup founder how important it is to have successful entrepreneurs and tech veterans around them to share their insights and experiences, and they will tell you it’s crucial. When it comes to mentors who have a wealth of insights to share, it’s hard to go past Marcus Segal, who Sydney entrepreneurs will get… Read more »
