HIVERY, mx51, Refundid, and more: Local startups raise over $100 million in recent weeks despite market fearmongering
Local startups have defied a souring market outlook to book major investment in recent weeks, helping their expansion at home and abroad.
Australian equity crowdfunding scene celebrates record-breaking year and $86 million investment on the books
Gathering economic storm clouds have done little to deter investors in the equity crowdfunding space in recent months, according to a new Birchal report.
Threadheads breaks $2.2 million equity crowdfunding barrier on mission to bring retro-inspired tees to the US
The successful raise comes weeks after Threadheads bested environmentally-conscious home supplies company Zero Co to achieve the most expressions of interest of any Birchal campaign.
Instant grocery startup VOLY reportedly lays off staff, ends 15-minute delivery as shoppers return to ‘normal’
The end of COVID-19 restrictions and a return to "normalcy" will challenge Australia's instant delivery startups, a retail expert says, after reports rapid grocery firm VOLY has made cuts to staff.
The Business Growth Fund’s $12 million Hubbed investment is the kind of “sexy” deal VCs might miss
Hubbed provides e-commerce shoppers an alternative to home delivery, allowing buyers to collect their parcels from more than 2100 service stations, convenience stores, and storage facilities nationwide.
Startup funding has fallen from Q1 highs with the lack of “mega-deals” to blame
Startup funding hit $452 million in May, Cut Through Venture said, down from the billion-dollar-plus highs of January and February.
How revenue-based funding is helping innovative startups like PhycoHealth flourish
Based on the South Coast of NSW, PhycoHealth produces food, supplements and beauty products made from seaweed. Its founder, Dr Pia Winberg, a scientist with a focus on marine sustainability. After a decade of research she realised the nutritional and health benefits of seaweed, and began a mission to farm seaweed to help overcome global food and health challenges.
Australian investment firm EG reveals plan for $100 million in new funding for early-stage proptech ventures
The EGX fund plans to inject Seed and Series A funding into proptech startups capable of disrupting the global real estate industry.
The Coalition is yet to fully explain how it will create 400,000 new small businesses, a week after its major campaign pledge
Industry experts have welcomed the Morrison government's pledge to help create 400,000 new small businesses, but want more detail.
The hunt for the next Canva continues as Blackbird Ventures reveals new, billion-dollar startup funding plan
Homegrown venture capital powerhouse Blackbird Ventures has unveiled plans to raise at least $1 billion in the coming months.
ANZ celebrates launch of its digital ‘stablecoin’, putting the bank’s reputation behind a cryptocurrency revolution
ANZ is celebrating Australia’s first bank-backed ‘stablecoin’, which some believe could change how users transfer large sums of money online.
How sustainability is hitting the stock exchange
As much as sustainability holds sway over everyday purchase decisions, so has it garnered the attention of investors, eager to keep track of global trends just beyond the horizon.