For two years we have seen both a criminal and a civil court case, play out to its sad completion, the result of a workplace safety issue, which led, allegedly to rape. Despite the vulgarity of the trials, which are the bluntest of instruments for remedy, through these trials, we have had the very rare… Read more »
The first rule of business is to find a big hairy problem in need of a grand solution, so when Eric Fan and his team discovered a way to solve a challenge that plagued virtually every marketing manager on the planet, they knew they were onto something epic. From bus stops to basketball games, rooftops to roadways,… Read more »
2023 was a tumultuous yet transformative year in the venture capital and startup landscapes. As day zero investors, Antler has seen the effects of this year from a VC standpoint and through the lens of our portfolio companies. The following reflections offer a retrospective analysis of the past 12 months, imparting our view on the… Read more »
Listed fintech Identitii (ASX: ID8) has sold nearly half its stake in its payments subsidiary Payble for $1 million, alongside a $2.5 million raise for the startup. Identitii sold 48% of its Payble shareholding to OIF Ventures for $1 million. The Sydney VC also tipped $2.5 million in additional capital into the fintech, founded in… Read more »
Up to 63,000 Australians who used Airbnb between January 2018 and August 2021 may be eligible for compensation after the platform admitted it misled people by quoting prices for Australian accomodation in US dollars. The Federal Court has also hit Airbnb Ireland – the parent company that runs the Australian operations, including the website and… Read more »
The government will give Australia’s competition watchdog more power to keep the likes of Google and Meta accountable as part of the News Media Bargaining Code which redistributes wealth from big tech companies into local news outlets in an effort to address an apparent power imbalance in the media industry. On Monday, the Commonwealth said… Read more »
Imagine this. You need an image of a balloon for a work presentation and turn to a text-to-image generator, like Midjourney or DALL-E, to create a suitable image. You enter the prompt: “red balloon against a blue sky” but the generator returns an image of an egg instead. You try again but this time, the… Read more »
An all-in-one finance and lifestyle app for international students has raised $1.6 million in Seed funding. Mist was backed by Investible, Allectus Capital, Archangel Ventures, Seedspace, and The Hunter Angels. It wants to become the go-to app for international students, offering a streamlined solution for relocating to another country to study, especially around banking and… Read more »
Revenue in the Australian video game industry has risen to $345.5 million, up 21% on the FY2022, according to the latest data from the Australian Game Developer Survey (AGDS). The eighth annual survey, from peak industry body, the Interactive Games & Entertainment Association (IGEA) corroborates Australian consumer sales data released earlier this year, showing the… Read more »
Pioneering Sydney VC investor has banked more than $100 million from sales of its early stage investment in human resources technology startup Employment Hero. The latest deal has produced what the sector calls a “dragon” – the return from a single investment matches the value of the entire fund. In this instance it’s a 1.5x… Read more »
If someone were to ask you how space technologies impact your daily life, or how much Australia should invest in space, would you have an immediate answer or would you wonder why these questions were even being asked? Understanding what the average Australian thinks about space is essential – voters and taxpayers will only encourage… Read more »
A startup digitising security with what’s known as a digital lockout tagout (LOTO) has raised $600,000 in its Seed round. Smartlox is a cloud-based, real-time safety, security and smart access system that integrates with Nokē Bluetooth padlocks to increase the safety of frontline workers. It disrupts traditional lockout tagout practices through the use of electronic lockout… Read more »
Australia link-in-bio platform Linktree has acquired two-year-old competitor Koji from its parent company GoMeta for an undisclosed figure. In the tortured syntax beloved of tech titans. Linktree said in a blog post that Koji’s link-in-bio product “will be sunset” on January 31. We take that to mean shut down rather than a glowing golden light… Read more »
Online wholesale marketplace Andisor has raised a $1M pre-Seed funding round. The raise was backed by Antler, LaunchVic’s female founder-focused Alice Anderson fund, Jam Pad Investments, and several prominent retail operators and leaders. Andisor emerged out of the Antler program in 2021, with founder and CEO Vandana Chaudhry, building a platform to connect enterprise-level buyers… Read more »
The Australian insurance market is worth $100 billion annually and $7 trillion worldwide, offering a massive opportunity for startups in the space With that prize in mind, Insurtech Australia brought together startups in the space, early-stage investors and business leaders in Sydney at at event sponsored by Investment NSW to debunk investment myths around early-stage… Read more »
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