Sydney fintech Pearler wants to be the ‘Spotify for investment’
Pearler believes that many an average Aussie would like to learn more about investing and how to do it, but the barrier to entry often feels insurmountable.
Pearler believes that many an average Aussie would like to learn more about investing and how to do it, but the barrier to entry often feels insurmountable.
Proprietary companies will now be able to bring on investment via equity crowdfunding, with Parliament this week passing the long-awaited amendments to its crowdfunding legislation.
NAB has allocated a further $50 million in funding over the next two years to its venture capital fund NAB Ventures, bringing the total allocated to the fund until 2020 to $100 million.
Sydney project management startup Sitemate has raised $1.3 million in funding from Artesian Venture Capital, Sydney angels, and high net worth individuals.
HotDoc has raised $5 million in a Series B funding round led by Right Click Capital, with participation from existing backers including AirTree Ventures.
Property investment startup BrickX has launched Smart Invest, a new automated platform aiming to help users save for a deposit.
Melbourne procurement startup VendorPanel has raised $2.35 million in a Series A round led by Microequities Venture Capital, with participation from Aconex founders Leigh Jasper and Rob Phillpot.
A few months on from launch, food and beverage company Coca-Cola Amatil has announced the first investment by its Amatil X arm, with the corporate venture platform taking a 20 percent stake in Australian startup Doshii.
Singapore-based venture capital firm Qualgro has announced it has completed the first close of its second fund, with US$60 million of the US$100 million ($137 million) target committed.
AgriWebb, which has created a farm and livestock management solution, has secured a $14 million investment from UK outfit Wheatsheaf Group for a minority stake in the business.
Canberra-founded, Palo Alto-based startup Instaclustr has raised $20.8 million in a funding round led by New York City private equity firm Level Equity. Launched by Ben Bromhead, Adam Zegelin, Peter Lilley, and Doug Stuart in 2013, Instaclustr is an ‘open source as a service’ platform, delivering fully hosted and managed big data technology solutions in… Read more »
GO1, which has created an online platform through which individuals and organisations can find or create courses, has raised $10 million in a Series A round led by Seek, with participation from investors including Our Innovation Fund. Launched in 2014, Brisbane startup GO1 allows users to browse its marketplace of courses, covering everything from compliance… Read more »
Melbourne tech company Envato is further expanding its design offering, acquiring Mexican startup Placeit for an undisclosed amount.
If the capital raising process drags on founders get totally distracted from running their business, start panicking, and stress about running out of cash.
New Zealand startup Re-Leased has raised NZ$2.3 million ($2.11 million) in funding to further its growth in the UK and other international markets.