A first for Australian crowdfunding as early investors exit Jayride for up to 108% returns
Jayride has become the first Australian startup to see the exit of equity crowdfunding investors, who can now sell their shares for a healthy return.
Propeller Aero raises $10 million in Series A funding in the latest stage of its mission to “make drones a thing”
Drone analytics startup Propeller Aero has raised $10 million in Series A funding, and is looking for new ways to revolutionise the construction industry in Australia and the US.
Brighte founder Katherine McConnell says her $18.5 million Series B funding followed a waiting game
Brighte has closed its $18.5 million Series B funding round, and founder and chief executive Katherine McConnell says the energy financing startup’s string of successes have come from a lot of networking, and a little patience.
SafetyCulture has raised $60 million, but founder Luke Anear says the best funding comes when you don’t need it
SafetyCulture has raised $60 million in its Series C funding round, and co-founder Luke Anear says the company that started with two people in a garage is now thinking much, much bigger.
Brighte secures $20 million funding facility from NAB to bring affordable energy to more Australians
Brighte founder Katherine McConnell is on a mission to bring energy-saving solutions to more homes in Australia, and the “holy grail” of a $20 million funding facility from NAB is just the beginning.
Budget 2018: All talk on innovation, but funding falls short
The federal government is anxious to continue to project its commitment to innovation, but the spending contained in this year’s budget is nothing if not modest.
Budget 2018: Open Banking a step closer
Australia’s fintech sector will be pleased by the federal government’s budget commitment to spend $44.6 million over four years to establish a Consumer Data Right.
The CDR is a necessary building block for the progress of Open Banking, and is designed to make it easier for consumers to access their financial records.
Electrical safety app QuickSafety locks in $400,000 in seed funding to help it save lives
Having spent 37 years in the electrical industry, a US native based in Australia has secured $400,000 of initial seed funding to launch QuickSafety, an app intended to improve electronic safety compliance testing.
Almost $1 billion in funding for startups in the first quarter, but how many deals go undisclosed?
There was almost $1 billion worth of funding events for Australian startups in the first quarter of 2018, according to a new report that shows a continued upward trend for startup capital across the country.
Rewards startup Cashrewards locks in $5.25 million capital raise despite “a bit of a hitch” last minute
Australian payments and rewards startup Cashrewards has successfully locked in a $5.25 million capital raise from Silicon Valley fund Partners for Growth after running bootstrapped for four years.
Massive influx of VC funding leads to $167 million raised in the first quarter of 2018
If it's felt like a whirlwind start to 2018 in terms of VC funding activity in Australia's startup ecosystem, that's because it has been.
Healthcare startup Tyde raises $3 million in preparation for 20 million potential customers later this year
Digital healthcare startup Tyde has secured $3 million in Series A funding from an array of high net-worth and institutional investors to prepare the company’s app for an influx of Australians using it to monitor their health records
