Startup

X15 Ventures, a Commonwealth Bank-powered investment vehicle has announced its first start-up pitch event,  funding of up to $150,000 of offer for successful companies. The company says it is launching Xccelerate 2020, a virtual pitch event that will see start-ups battle it out in front of industry experts to receive

Two-thirds of net Australian businesses created in the past decade were founded by women, according to a new Xero report.  The Xero Boss Insights 2020 report released today provides an analysis of ABS data from 1991 to 2019 and showed men are still outnumbering women in business ownership across the

Sydney-based startup Practifi has raised AU$24 million in series B funding to expand its business management platform for financial advisors and superannuation fund companies.  Led by US tech equity firm Updata Partners with participation from existing Series A investors Equity Venture Partners, the new funding will be used to scale

“The ideal Australian start-up founder is a photogenic late twenties white male with good school connections and understanding parents/partner, with a 30-second tech app pitch,” says Trish Hyde, managing director at The Plastics Circle, a plastic recycling company.  She doesn’t mean it as a compliment. Female founders still face significant

Culture Amp

HR start-up Culture Amp has raised US$82 million in a Series E round of funding, led by Sequoia Capital China. Existing investors Sapphire Ventures, Felicis Ventures, Index Ventures, Blackbird Ventures, Hostplus, Skip Capital and Grok Ventures. New investors Global Founders Capital and TDM Growth Partners also supported the round. Webinar:

Insurtech Gateway, the London-based insurtech incubator that recently closed the first tranche of a new AU$53.7 million investment fund, announced the launch of its first international program: Insurtech Gateway Australia. A specialised incubator for startups innovating within the global insurance sector, Insurtech Gateway offers a hands-on business incubation to a

Too much hype, too much excitement and too many pats on the back for ‘Start-Ups’. Not enough kudos, support, and love for those people who have been out there in the ‘Keep-Goings’. It is really easy to be excited at the beginning, to announce big plans, to talk about what

Fivecast, an open-source data analytics company, has secured a $4 million investment round from Main Sequence Ventures’ CSIRO Innovation Fund and the South Australian Venture Capital Fund (SAVCF). This round will drive international expansion and product growth for the company’s key product line, Fivecast Insight.  Fivecast Insight uses machine learning

Coins, money, fintech, bank, cost

Applications are now being accepted for Accenture’s annual FinTech Innovation Lab Asia-Pacific, a 12-week program that helps early- and growth-stage fintech companies accelerate product and business development through mentorship with executives from top financial institutions. The sixth year of the Lab comes after global fintech investments more than doubled in 2018,

The federal government passed its controversial social media laws this afternoon through its Sharing of Violent and Abhorrent Media Bill. The new laws establish unprecedented criminal penalties for internet companies and their executives if platforms fail to quickly remove abhorrent content. The laws are part of the political response to