Australian-German full-stack quantum accelerator startup Quantum Brilliance has closed a $13 million seed investment round.
The Telstra-backed startup accelerator muru-D has staged its first demo day of Singapore startups with nine high-growth businesses across healthcare, consumer applications, financial services, law, mobile payments and advertising.
Earlier this year, Sean King and Bede Overend co-founded ‘Simpla’, an alternative to the CMS that, impressively, was just awarded Telstra muru-D seed capital.
The Telstra-backed startup accelerator, muru-D, will kick off next year giving $60,000 in seed capital to 10 startups, as well as opening up access to a network of mentors and industry professionals.
Listed telecommunications and IT services company Amcom (ASX:AMM) has offered a total of $320,000 in seed capital to eight Western Australian startups who were selected from 70 applicants in Australia and internationally to the telco’s Upstart program.
Salesforce has weighed into the debate in the wake of last week’s federal budget, applauding the “radical” departure from past neglect of startups, but highly critical of Australia’s short-term reform compared to the “long game” approach on startups by our Asian neighbours.
Telstra has launched start-up accelerator muru-D in Singapore in a move which it says is aimed at attracting the South-East Asian region’s best digital talent, foster local technology innovation and grow the entrepreneurial ecosystem across the region.
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