More than one in five (22 per cent) of Australians businesses would use their credit card if they needed additional finance. A further 31 per cent would dip into their savings, while 21 per cent would look at a bank loan and 14 per cent access an overdraft. This snapshot into borrowing habits has been […]
For some CEOs, raising capital can be the most important and time-consuming part of their job. It’s a complex area to navigate even for the most experienced CEOs, and especially so for those who are new to the game. Vantari VR’s co-CEO Dr Nishanth Krishnananthan knows all too well the complexities involved when it comes to […]
Raising capital can be a challenge for many small business owners or entrepreneurs looking to grow, or even simply start their business. Without a financial background, it can be hard to know where to start with capital raising and finding the appropriate funding to give your idea the backing it requires. There are more traditional […]
Skalata Ventures is seeking applications from early-stage businesses with proven traction to join its seed investment program. The six-month program, customised for each company, will offer operational support and up to $250,000 in funding to early-stage businesses to become significant and sustainable. Backed by noted business leaders Paul Little and Carol Schwartz, the seed investment […]
Dr James Fielding founded Audeara Headphones in 2014 with Dr Chris Jeffrey – two doctors who saw patients with hearing issues and decided to act to solve a problem. In the public system, the wait for an appointment could be six months or longer – and then people could be turned away because they didn’t […]
How to get investors to sit-up and listen. Entrepreneurialism is thriving in Australia and according to Forbes.com 35 per cent of Australian startups are based in Sydney followed by 14 per cent in Melbourne and 9 per cent in Brisbane. So, when it comes to seeking investors, competition is fierce. According to co-founder of BenchOn, Tim […]
Fintech startup Athena Home Loans has raised $15 million in Series A funding from Macquarie Bank, Square Peg Capital and Apex Capital for its cloud-native digital mortgage platform. Athena, which previously raised $3 million in seed funding from Macquarie, Apex and Rice Warner, was launched in June 2017 by ex-bankers Nathan Walsh (CEO) and Michael […]
Homegrown, US-based property tech startup HappyCo has completed a US$10.8 million Series A round led by Sydney’s Alium Capital Management. Australian VC firms Tempus Partners and PieLab Venture Partners also participated in the round along with HappyCo’s existing investors Larsen Ventures and Sandalphon Capital. Founded in Adelaide in 2011, before relocating to San Francisco the following year, […]
Social networking startup Gather Online, which markets itself as ‘Snapchat for groups’, has accepted a $1 million seed investment from Brett Dawson and onboarded the former Dimension Data CEO as the chairman of its board. Based in Sydney, the social discovery and messaging platform boasts 40,000 active daily users and has now raised $2.5 million […]
The recent trials and tribulations of Australian tech startups Big Un and Get Swift should serve as a timely cautionary tale for many aspiring businesses. Both have recently fallen foul of the ASX’s continuing disclosure requirements and face uncertain futures. While both have earned the ire of shareholders and the regulator for different reasons, their […]
