News & Analysis
Yesterday, Australia’s most well-known Digital Currency startup CoinJar, announced it has relocated it’s headquarters to the United Kingdom as part of its growth strategy, that will allow bitcoin holders more flexibility when it comes to buying, selling and using the digital currency.
The latest to enter the local P2P lending space is ThinCats Australia, an online lending platform that allows wholesale investors to lend up to $2 million directly to SME borrowers.
The latest startup in Australia to enter this space is Nabo, founded by Adam Rigby, who also co-founded JumpOnIt and was the former CEO of LivingSocial. Launched yesterday, the startup carries $2.25 million in funding in its pocket, with investors including Reinventure Group and Seven West Media.
Two Sydney brothers Alex and Rich Brophy decided it was time to put a charitable spin on the good old fashioned workplace Secret Santa.
A new Melbourne startup Kini Swimwear claims to be on a mission “to change the way women see their bodies in swimwear, one bikini at a time”. How? By allowing women to design their own swimwear “to perfectly match their body shape” via Kini Swimwear’s online store.
After a serendipitous meeting at the Vivid Festival in Sydney, Adelaide-based 3D software and printing startup, Makers Empire, and US-based robotic toy company, Sphero, recognised a unique opportunity to collaborate on a new project that would allow kids to exercise their inherent creativity and design accessories to go with their phone-controlled cylindrical toy robot, Ollie.
Given the fact that whatever #get808 is, it is using some of the biggest technology companies (unsuccessfully) to get its message out, I decided to do a little bit of digging.
When it comes to Melbourne based startups, you cannot argue with the fact that in 2014, they dominated the screen. Fun Project’s Startup Nation is one of many tech startup-focused ‘broadcast style’ ventures to be launched into the Australian media landscape.
Why the hell did China host the World Internet Conference, when the country blocks – I don’t know, most of the core ‘western’ sites that have become the pillars of the internet?
The app Yik Yak has been labelled ‘controversial’ by many, a lot of people were surprised when it raised two earlier rounds this year totalling to US$11.2 million. Today, announced less than ten hours ago, the app has added a further US$62 million to that injection via another round of funding led by Sequoia Capital.
Australian ecommerce software startup Bigcommerce has announced today that is has closed a $50 million Series D funding round led by Softbank Capital – taking total capital raised to $125 million.
Today marks the launch of Inspiring Rare Birds – a strategic launch date for the organisation given it’s also Global Women’s Entrepreneurship Day. Founded by serial entrepreneur Jo Burston, who has eight businesses in her credits including the multimillion-dollar Job Capital, Inspiring Rare Birds’ mission is nothing short of ambitious – create 1 million women entrepreneurs by 2020.
Today marks the launch of Shoe Buddy, a mobile application that gives users insights into the best shoes on the market specific to individual sporting needs. Shoe Buddy was founded by Dr Michael Kinchington, sports medicine podiatrist to the Sydney Swans and Western Sydney Wanderers, who has long-provided unbiased and independent reviews on the latest sports shoes on the market. Shoe Buddy is his way of imparting his knowledge and extending its reach via mobile technology.
Building a startup based around and wholly dependant on another business’ API is a risky journey, and one that should be tread carefully as depending on a sole supplier in order for you to be able to deliver your service can backfire.
Australian entrepreneurs Dan Joyce and Jared Mooring have turned to UK based equity crowdfunding platform CrowdCube to raise seed funds for their new venture, My Mate Your Date.