Melbourne coworking space York Butter Factory and developer Mirvac in July announced a new partnership and platform called Hoist designed to help lift the Australian innovation ecosystem.
A group of founders running sharing economy startups have come together to launch The Sharing Hub, a Sydney coworking hub dedicated to helping boost new startups in the sharing economy space through access to advice and mentorship. Dubbing themselves the ‘Peer to Peer Cousins Network’, Spacer founder Mike Rosenbaum; Steve Orenstein, founder of courier service… Read more »
New York company ServiceChannel, which runs a service automation platform for facilities managers and contractors, has announced it has partnered with Australian startup PromisePay to power its multi-billion dollar marketplace. ServiceChannel’s platform is used by over 350 companies globally to streamline facilities repair and maintenance services across more than 200,000 locations in over 60 countries.… Read more »
Telstra-backed accelerator muru-D has this week opened applications for SYD4, the fourth intake of its Sydney program, calling on “the most determined and ambitious founders in Australia” to apply. The accelerator has switched up its funding model for this intake. Though startups will still be offered up to $60,000 in funding, this will come in… Read more »
TheRight.Fit, a startup helping connect brands and agencies with creative talent, has raised $750,000 in seed funding from AirTree Ventures to help further develop its platform and expand its reach in the industry. Founded by CEO Taryn Williams and Aurelien Labonne late last year, theright.fit essentially looks to help brands and talent bypass the traditional… Read more »
Innovation network Advance and KPMG Australia have named the startups taking part in this year’s elevate61 accelerator program, designed to help participants fast track their growth into the US. The 11 startups, or rather scaleups, have achieved a combined turnover of over $25 million in the past 12 months, and span various industries, from logistics to fintech… Read more »
Malcolm Turnbull has long been considered a champion of Australia’s tech and startup scene, but his declaration upon taking over as Prime Minister in September that “the Australia of the future has to be a nation that is agile, that is innovative, that is creative” made startup hearts across the country swoon. Now, three months… Read more »
From Urban Outsource and TidyMe to Scrubb and Helpling, more and more platforms are emerging to connect consumers to cleaning professionals. Just six months after launching, Sydney-based WHIZZ has announced a $2 million Series B funding round. WHIZZ has secured investment from five high-profile Australian investors including Simon Rothery, CEO of Goldman Sachs; Tom Krulis,… Read more »
Sydney-based startup Expert360 has raised $4.1 million in an oversubscribed round led by Frontier Ventures, with investors including former Macquarie Bank Managing Director, Allan Moss AO, rampersand, as well as other institutional investors and existing shareholders across Australia, the US and Europe. Expert360 was founded in January 2012 by former Bain & Company management consultants… Read more »
LatAm Autos, an Australian founded online auto classifieds startup operating in Latin America, today announced the opening of its Initial Public Offering (IPO), ahead of its listing on the Australian Securities Exchange (ASX) to raise AUD$18 million. The startup is following in the footsteps of other online classifieds companies such as SEEK, REA and Carsales that… Read more »
Ten months after selling 1Form to REA Group for $15 million, Melbourne-based tech entrepreneurs Chris Koch and Chad Stephens are ready to unveil their latest venture Pop!. Their new mobile app, available on iTunes and Google Play, allows users to store, manage and control the personal details they give to companies online. The app was inspired… Read more »
Innovative tech companies, online fashion powerhouses and Melbourne “mofos” is among the list of finalists in the 2014 Australian Startup Awards, in the flagship Startup Daily Startup of the Year category. This national awards program, conducted by The Entourage, Australia’s largest entrepreneurial education institute, recognises business excellence and celebrates the achievements of Australia’s top entrepreneurs under 40. Managing Director… Read more »
BDS.com.au, a mobile deal and loyalty provider, is celebrating AUD$500,000 in angel funding led by Brisbane Angels. BDS intends to use the funds to accelerate the development of their Bluetooth Low Energy technology for their Zippy loyalty App, and the continued growth of retailer engagement across their home city of Brisbane, Australia. Australian cash back website… Read more »
Working in a startup can be a tricky financial risk to take for any party involved. Salary negotiations are more complicated for startups than established companies because they do not have as much cash to offer. A typical startup compensation package includes some percentage of equity ownership in the company. Offering equity can help motivate… Read more »
Aaron Wallace, Operations Director of Nudge Accounting, and Sean Moynihan, Federal Government specialist at PwC, will be presenting this MAP Master Class! Aaron will run through the basics of accounting for startup founders. He will explain the relationship between cash flow, budgeting, runway and making investment decisions, to ensure that you leave with an understanding… Read more »
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