Investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching US$376.5 million, a more than 150% increase from US$149.05 million in the corresponding period in 2019, with the growth coming despite a decline in merger activity, according to a new fintech report.
Australian founded tech company Longtail UX has announced a $2.25m supplementary equity raise in partnership with Woolworths Group’s venture capital arm and Steven Lew owned group, Global Retail Brands (GRB).
Increasing foreign investment in venture capital, particularly at the early and seed stages, could give industry and innovation the critical boost it needs, generating greater economic benefits to Australia including higher employment and more patents, according to one of the country’s fund managers.
Researchers at security firm Check Point have managed to track down the perpetrator(s) of a man-in-the-middle attack that was used to steal money sent from a venture capital firm in China to a start-up in Israel.
Machine data aggregator and analytics software company Splunk has announced a $US150m fund to invest in data startups.
Singapore-headquartered fintech and digital cross-border payments company InstaReM has closed a $58 million series C funding scheme.
Chinese companies dominate venture capital funded companies in the global tech space, according to worldwide data and analytics vendor GlobalData.
Investment in Australian start-ups continues to hit new highs, according to a new report which reveals that the start-up sector has again experienced a quarter of growth in venture capital.
National Australia Bank is topping up its corporate venture capital fund, NAB Ventures, committing an additional $50 million over the next two years to double the total to $100 million.
A mobile app that connects students with academic tutors in their local area has been unveiled by Sydney-based eduTech company, Aloki.
Workplace safety solutions company SafetyCulture has secured A$60 million in new funding to "accelerate expansion and improve safety", raising the largest amount by an Australian company thus far in 2018 and valuing it at $440 million.
Ian Gardiner is the head of global cloud host AWS' ANZ Start-up Ecosystem and says "I have the coolest job in the organisation, to find and identify the next Atlassian or Xero or Netflix and support them as they scale." Here are Australian success stories of how the cloud is enabling big, global business from this country without a big up-front investment.
A total of 17 deals with a combined investment of US$121.55 million closed in Australian start-ups in the fourth quarter of 2017, a significant increase on start-up funding in 2016, KPMG claims.
The Hostplus industry superannuation fund has invested $85 million in Australian seed stage Venture Capital firm Artesian to bring the VC platform’s total investment funds under management to $150 million.
Investment by the venture capital arms of big corporations is growing and should reach a little more than a third of all total global venture capital by 2025, a report disseminated by Telstra Ventures claims.
StartCon 2016 was on over the weekend and was filled to the brim with great info, sessions, speakers, stages, a hackathon, Security Cup challenge and more – and you can still buy a digital pass to experience all that content!
Equity funding crowd platform VentureCrowd says Australian investors will get access for the first time to opportunities to fund the best startups in Israel through a new partnership forged with cornerstone investor Kentgrove Capital.
Start-ups are born from an exceptional niche concept mixed with a lot of determination to succeed, and an entrepreneurial flair in order to attract funding to grow.
Melbourne-based digital music provider Tuned Global has secured a $5.1 million in investment from Sydney based venture capital firm Exto Partners.
This year’s global Talent Unleashed Awards for technology start-ups, entrepreneurs and visionary leaders have been launched, with the winners to vie for prizes including an all expenses paid trip to Sir Richard Branson’s private luxury Caribbean Necker Island retreat.
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