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.
While a huge amount of effort is poured into product and sales and marketing, there is much less focus on pricing despite the magnitude of difference it can make.
Almost $850 million (US$630 million) of venture capital was invested in Australian startups in the 2017-18 financial year, a new record for the local ecosystem.
Sydney-founded travel startup Seatfrog has raised $8 million in a Series A round led by European venture capital firm Octopus Ventures, with participation from existing backers including HOWZAT Partners.
LaunchVic has announced $13.45m in funding to establish 3 accelerators, while Startup Onramp has received funding to expand across regional Queensland.
Peer-to-peer car sharing network Car Next Door has raised $2 million in a funding round led by Hyundai, with participation from existing backer Caltex.
Melbourne-based fintech startup Airwallex has raised US$80 million ($109 million) in a Series B funding round, the second largest for an Australian startup to date.
Just a few weeks on from Blackbird Ventures leading a $10 million Series A round for Sydney-founded drone mapping startup Propeller Aero, AirTree Ventures has backed US competitor DroneDeploy’s US$25 million ($34 million) Series C round. The round, which brings the total raised by the startup to date to more than $56 million ($76 million), […]
Melbourne fintech company Credit Clear, which automates the process of requesting payments from customers, has raised $8.5 million in funding from investors including Regal Funds Management.
Melbourne-headquartered video production marketplace Genero has raised $4 million in a funding round led by existing backer Ellerston Capital to pursue growth in the United States.
One of Jason Calacanis’s personal theories is that a great founder can come from anywhere, he said, and the founders he met in Australia surpassed his expectations. One note, though: think bigger.
The University of Sydney has received $1.5 million in funding from the NSW Government’s Boosting Business Innovation Program to run two online courses to help businesses with digital transformation.
The Bega Valley Shire is the latest regional centre to get an innovation hub, receiving funding from the Federal Government’s Incubator Support Program.
Australian edutech startup OpenLearning has raised $8.5 million in a Series A round led by Malaysian companies Prestariang Berhad and Paramount Corporation Berhad, with participation from a handful of local investors.
Despite receiving less funding than male-founded ventures, women-owned companies are generating more revenue, a study has found.