Oz Startup News – Tuesday, 18 September 2018

AI, VR and fintech in focus as Microsoft takes on its first Aussie start-ups Artificial intelligence and financial services based start-ups provide the majority of the first cohort of global tech giant Microsoft’s first Australian accelerator program. The  program, known as ScaleUp, was announced in February and targets start-ups that have typically received initial funding and are looking to expand. It promises to help …

Oz Startup News – Monday, 17 September 2018

Rare billion-dollar beast: Aussie tech unicorn Canva makes a profit When online design group Canva was anointed as a unicorn early this year – the accolade given to private tech companies with valuations of more than $US1 billion – it had already achieved another rare milestone for a tech startup: It managed to make a profit. For the December half year the …

Oz Startup News – This Weeks Top Posts

LinkedIn’s top 10 Australian startups for 2018 LinkedIn today released its 2018 Top Australian Startups list which ranks the most sought-after workplaces changing the way we work. The ranking is put together by analysing the actions taken by members on LinkedIn, revealing the 25 most-wanted startups by professionals. By Chris Pash from Business Insider Read Today’s Featured Article TechBoard Annual …

Oz Startup News – Friday, 14 September 2018

Updated UI Fuels User Growth – The July/August Monthly Reports Paul Towers from Task Pigeon shares his latest transparency report where he details how his recent major update to the Task Pigeon UI is fueling an acceleration in user sign ups and adopton. In particular Paul details how there has been: A 59% increase in sign ups last month 35% …

Oz Startup News – Thursday, 13 September 2018

NSW startups secured twice as much funding as any other state in the last financial year, Techboard report finds     Startups and tech companies in New South Wales scooped up more than twice as much funding as those in Victoria and Queensland in the last financial year, according to Techboard’s first country-wide funding report — and Australia’s other states are …

Oz Startup News – Wednesday, 12 September 2018

Hostplus, Temasek, Lockheed Martin back CSIRO’s Main Sequence Ventures     The CSIRO’s innovation fund Main Sequences Ventures has raised an additional $132 million for its first fund, bringing on board superannuation fund Hostplus, Singapore government’s Temasek and US aerospace and defence multinational Lockheed Martin as investors. The latest capital injection puts the funds total at $232 million – $32 …

Oz Startup News – Tuesday, 11 September 2018

Canva and Expert360 named top start-ups for attracting talent by LinkedIn     Design marketplace Canva and white collar jobs platform Expert360 have been ranked as the two top start-ups in the country for attracting staff, with both companies able to poach talent from other top tier technology companies. To be eligible the businesses needed to have a minimum of …

Oz Startup News – Monday, 10 September 2018

Tech VC Bailador reaps benefits of US focus as big exit deals loom     When Canberra-based tech start-up Instaclustr announced it had snagged impressive New York venture capital backing to lead a Series B funding round of $20.6 million last month, the leadership team at ASX-listed technology investment firm Bailador allowed themselves a quiet self-congratulatory celebration. While the fund, co-founded by …

Oz Startup News – Friday, 7 September 2018

Coffee and a Bitcoin: Start-up’s plan to turn change into cryptocurrency     The chief executive and co-founder of cryptocurrency micro-investment app Bamboo wants to improve access to investment opportunities and understanding of the new technologies underpinning huge changes in finance. Bamboo, which will be launched in Australia and the US later this year, works similarly to the hugely successful …

Oz Startup News – Thursday, 6 September 2018

How To Find Offshore Developers & Avoid Losing Money With Outsourcing Development Work As A Non-Technical Founder   Every few months we see stories of non-technical founders losing tens of thousands of dollars to offshore developers who fail to deliver or take 12 months to do a 2 month job. In this post, Paul Towers, the non-technical Founder of Task …