German home cooking delivery startup Marley Spoon has officially landed in Australia, adding another player to the booming food space as it launches its service in Sydney.
Ten months after merging, Australian startups Beat the Q and Posse have announced the closure of an oversubscribed Series A $5 million funding round led by Westpac’s $50 million venture fund Reinventure and 12-year-old venture capital firm Exto Partners. The new investment will be used to fund product development – specifically, to improve the payment process for customers when dining out or buying coffee and to introduce new features – as well as marketing and scaling merchant acquisition.
Ask the Australian Government about our nation’s healthcare system and it will tell you that it is broken. From WellOne’s healthcare membership system to health job search platform HealthcareLink, the number of Australian startups that have emerged in the sector over the last few years confirms that there are quite a few problems to be solved.
It shouldn’t have been surprising when I found myself sitting in front of so many women in tech during my visit to its capital Wellington last week, yet I did. The reason I found it surprising is because although Australia is only three hours away from this beautiful windy city, what I found was an ecosystem that was light-years ahead in terms of its diversity and celebration of its female founders and employees.
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 »
Over the last few years as our startup ecosystem has grown, it has become common practice for startups facing financial constraints to ‘offer’ unpaid internship opportunities to more often than not younger aged people. A lot of the time these ‘internships’ are built on the hope that it will lead to a paid job in the company, or at the very least give the incumbent ‘free worker’ some really great exposure on what it is really like to work at a startup.
From Frank Sinatra to Ryan Adams, Allen Ginsberg to Joan Didion, New York City is famous for the artists it’s been home to and the art it’s inspired. While artists have flocked to New York, Silicon Valley has become synonymous with tech entrepreneurship. For many startup founders, Silicon Valley has always been Mecca. Until now.
Local services marketplace Oneflare has today announced that it has raised $3 million in funding and plans to IPO over the coming financial year.
The Australian online restaurant booking market is set to heat up, with Quandoo launching in Sydney this month. Founded in Germany in 2012, the startup expanded around Europe before identifying Australia as an expansion target late last year.
I have mentioned a number of times before that FitTech is starting to become a crowded marketplace in Australia; it feels very similar to the the group buying trend of 2011, which ended in a handful of acquisitions and a truckload of closures.
Whether you have just a few friends over for a quiet get together or you host a rager, it’s guaranteed that you would probably do anything to get someone to clean up for you the next morning. Perth startup Hangover Helpers does just that.
In March, I wrote an article about Bidz Direct, in which I stated that the startup’s biggest challenge was going to be the bad press surrounding another startup playing in the same space Alphatise. I also said that co-founders Phil Tran and Zaven Matevosian would face some tough questions as they prepared to launch their platform and raise funds.
Melbourne-based startup Beanhunter, which allows users to review cafés and cups of coffee around the world, has announced the closing of a $500,000 funding round.
The Typewriter, founded by UNSW student Benjamin Cheung in 2013, is a global ‘citizen journalism’ platform, which aims to give its readers opinionated content written from a local perspective from individuals on the ground.
The Slingshot Venture Fund has been awarded unconditional Early–Stage Venture Capital Limited Partnership (ESVCLP) status by the Federal Government, which will see it exempt from the standard income and capital gains taxes for investors.
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