“The wisdom of crowds”: Why Perth startup Demand.film turned to crowdfunding for the Airbnb of cinemas
Demand.film has launched its equity crowdfunding campaign, in a bid to raise at least $150,000 to further expand its global reach.
“A phenomenal amount of money”: How Lumi bagged $8 million at less than a year old
Small-business lending startup Lumi has raised $8 million, bringing its total investment to almost $40 million, although it’s still less than a year old.
Getting cash into the hands of SMEs: Fintech Earlytrade closes $6 million round
Sydney fintech Earlytrade has secured $2.5 million from new venture fund Shearwater Growth Equity, to close off its $6 million funding round.
Agtech bags $1 million to disrupt food distribution and change how we view leafy veggies
Agtech startup Vertical Farming Systems has raised $1 million for its technology that does exactly what it says on the tin.
Chocks away: Elenium hits cruising altitude, raising $15 million to take airport automation global
Elenium Automation has raised $15 million in Series A funding to launch its next growth phase and jet set its technology to airports all over the world.
“I was the poker player who went all in”: Sydney startup Foodbomb reaps rewards with $1.4 million raise
Food comparison platform Foodbomb — winner of the first-ever Smart50 StartupSmart award — has raised $1.4 million in funding, following 12 months of growth.
Better Aussie VCs can support the whole ecosystem, but don’t rely on them, says NY investor Jules Miller
Venture-capital investment bolsters the whole startup ecosystem, but founders shouldn't rely on it, says entrepreneur and VC extraordinaire Jules Miller.
Sydney startup Inspace XR scores $750,000, drawing on VC experience to launch “obvious application” of VR
VR property startup Inspace XR has raised $750,000, with chief Justin Liang using his past in VC to avoid some of the major early-stage pitfalls.
“I’ll never let go”: Leonardo DiCaprio doubles down on climate change efforts, backing startup investment fund
Leonardo DiCaprio is doubling down on his commitment to tackling climate change, backing a US fund focused on investment in startups in the sector.
“A war chest of investors”: HR startup Shortlyster raises $5 million from heavy-hitting investors including Shark Tank’s Andrew Banks
HR startup Shortlyster has raised $5 million to grow its algorithm-enabled tool helping businesses put bias aside when choosing the best candidates.
Fintech Earnd secures $2.5 million for tech putting a stop to payday lending woes
Sydney fintech Earnd has secured $2.5 million to accelerate the rollout of its platform, which gives employees access to their pay as they earn it.
“Smart but coddled”: This VC thinks Aussie startup founders pay themselves too much — is she right?
A US venture capital investor has suggested Australian startups pay themselves inflated salaries. But are they? And if so, is that a problem?