Tag: Seed Funding

The capital will be divided among three investment vehicles, each of which will focus on a specific type of startup investment.

With more than 60% [1] of small businesses shutting down within their first three years, Australia’s leading tax accountants, H&R Block are offering small business and start-up’s a helping hand with the initiative; ’Grants for Growth’.  Now in its second year, the grant offers support to budding entrepreneurs who need an extra boost to transform […]

Beauty and wellness booking platform Bookwell has completed a $1.25 million funding round led by Gabby and Hezi Leibovich, founders of homegrown ecommerce pioneer Catch Group, with a contribution from Jeremy Same and Adam Schwab, founders of Luxury Escapes. [Related: EatNow founders have raised $2.6m to launch “Menulog for beauty and wellness” Bookwell] The brainchild of […]

B2B Talent mobility platform BenchOn has raised $650,000 in seed capital to meet market demand for its software solution to employee underutilisation, estimated to cost the Australian economy $305 billion each year in lost productivity. [Related: Can ‘For-Profit’ businesses still have a Social Impact? BenchOn’s founder provides answers and Why the startup ecosystem needs more non-technical […]

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 […]

Airtasker co-founder Jonathan Lui has raised $1.65 million in seed capital for his second venture, the “LinkedIn for property” app Soho.  [Related: Solo with Soho: Jonathan Lui on following up Airtasker with a ‘LinkedIn for property’ app and Jonathan Lui shares what he has learnt from establishing his new startup SOHO overseas] The seed round, […]

Better access to international talent. The continued democratisation of tech. More startups with global ambitions. Less innovation ‘tire kicking’ from government. Less tall poppy syndrome. More incentives for investors to back seed-stage ventures. More opportunities for female founders and entrepreneurial university students. These are just some of the things startups would like to see come to […]

Melbourne-based fintech startup Study Loans has this week launched its responsible student lending service, with $5 million available to Australians seeking to finance their tertiary education. In addition to completing a $2 million seed round to get the business off the ground, Study Loans co-founders Brett Shanley, Mark McCoach and Rhett Simonds raised $5 million debt equity […]

Melbourne-based audio tech startup nura made headlines, last year, when its flagship product – ‘nuraphones’ – attracted US$1.8 million on Kickstarter, making it the most-funded Australian campaign ever. Since then, the company has continued to gather pre-launch support for their headphones, described by one investor – UK music industry veteran Ric Salmon – as a […]

Under a new program from Sydney’s UTS Business School, top postgraduate students will help social enterprises develop new business models and become more “investor ready”.