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Facebook acquires Masquerade; WeWork raises $430 million at $16 billion valuation; PlantMiner raises $3.5 million

- March 11, 2016 4 MIN READ

Another busy week has seen Facebook acquire Masquerade, the startup behind MSQRD, the app behind the faceswapping tool taking over the internet, while Intel has acquired Replay Technologies to help create a new category for sports entertainment. Meanwhile, WeWork has raised $430 million at a valuation of $16 billion to help launch a push into Asia, and closer to home Melbourne’s Culture Amp raised $10 million while Brisbane’s PlantMiner raised $3.5 million.

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KPMG Australia and Advance announce 2016 elevate61 accelerator intake

- February 23, 2016 2 MIN READ

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 »

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Top 50 Australian and New Zealand Women in Tech 2016

- February 1, 2016 < 1 MIN READ

We have made a few changes to our annual Women in Technology list for 2016. The first and most obvious being that it is now purely focused on women in technology, with the second being that, given our expansion into New Zealand last year, we are now including both countries on the list. Thirdly, we’re doing away with the under 40 age limit we used to apply.

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Cub Network is a new club in Sydney that is attracting the creme of the local tech crop as members

- November 12, 2015 3 MIN READ

As Australia’s tech startup scene has matured over the last five years, so have the tastes and standards of the entrepreneurs building those businesses. Pizza and beer at a coworking space are all good and well for the initial years but as the bank account begins to grow and the little black book of connections starts to fatten, these individuals start to seek new places to interact and network as their life becomes a little less ‘local pub’ and more ‘penthouse private bar’.

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Sydney FoodTech startup HowAboutEat wants to stop office workers from skipping lunch

- November 3, 2015 3 MIN READ

The thing about working in an office is that you can spend all morning daydreaming about what you’re going to eat for lunch, only to then get swept up in work and forget to eat until 3pm and then just eat a small, sad snack at your desk, or forget about eating altogether. The team behind HowAboutEat, the latest startup to join the ranks of Sydney’s FoodTech army, know they can’t stop people eating at their desk, so they want to make sure people are at least eating well.

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Pet services startup MadPaws raises $1.1 million in oversubscribed round

- October 8, 2015 2 MIN READ

This morning, Sydney-based Mad Paws, a fast-growing marketplace for pet services, has raised $1.1 million in an oversubscribed funding round. Investors that contributed to the round include Macdoch Ventures, cofounder of HotelsCombined Michael Doubinski, Commonwealth Bank Group Executive Matt Comyn and Managing Director of Amazon Web Services Paul Migliorini.

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Canva announces US$15 million Series A round, valuing the company at $165 million

- October 6, 2015 2 MIN READ

Design platform Canva today announced a USD$15 million Series A round of funding to continue expanding its platform, which is now used by more than five million marketers, designers and small business owners. This latest round of capital brings the total amount raised by the Sydney-based startup to USD$27 million and gives it a valuation of USD$165 million.

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StarNow has 3.5 million registered members and has never raised any capital

- August 31, 2015 4 MIN READ

Without a doubt, Wellington-based startup StarNow is one of the most well-known global success stories to come out of New Zealand in recent years. The tech company is a casting and talent platform for the entertainment industry that connects aspiring and professional actors, models, musicians and crew with casting agents and production companies.

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Mr Tradie is the latest startup looking to help tradies experience the benefits of technology

- August 26, 2015 3 MIN READ

Most people stopped using the Yellow Pages to find a tradesman a decade ago. Since then, the number of websites looking to help consumers connect with the right plumber or electrician has grown exponentially, but the battle is now on between apps looking to corner the tradie market. Despite the competition, Melbourne startup Mr Tradie believes it has the tools to do it.