Oz Startup News – Monday, 7 November 2018

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Kiwi start-up PredictHQ bags Silicon Valley and Aussie investors in $13.9m round

A New Zealand-founded data intelligence start-up that expanded to San Francisco and landed clients including Uber, Dominos and Booking.com has raised $US10 million ($13.9 million) from two leading Silicon Valley venture capital funds and Australian fund Rampersand.
PredictHQ describes itself as a real world events platform that aggregates, cleanses, enriches and ranks real world events into one single “global source of truth”. Its service helps its clients to create intelligent services that react to different events that could impact them.

 

By Paul Smith from The Australian Financial Review
(Google Link)

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DocHive – A Personal Law Firm in your Pocket

DocHive is a new Legal-Tech Startup that aims to democratise access to legal services and information by providing a “personal law firm in your pocket”. Co-Founded by Callum and Keedan Punch DocHive has a vision to create a full-fledged legal services provider via chatbots and Facebook Messenger.

DocHive has both a B2B and B2C component that can enhance the potential of existing law firms, as well as provide services direct to the consumer.

Here’s more on DocHive….

By Startup Soda News

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What happens at Startmate

 

Michael Batko writes: “We often get told that Startmate is a black box.

Twice each year founders spend four months with us. Great businesses come out, but nobody actually knows what goes on.

Let me lift the veil by stepping through the experience of our most recent cohort. MEL18 just graduated as the largest cohort we’ve ever had:

  • 13 iconic companies
  • 29 exceptional founders”

Youth startup program de-funded

A “first of its kind” program supporting young entrepreneurs in Victoria has been forced to shut down after it was unable to secure further funding from the state government, despite proven and “extraordinary” results, its director has claimed.
Run by Enterprising Partnerships, Getting Down to Business had received $220,000 in funding annually from the Victorian government since 2014, through the Department of Health and Human Services.

 

By Denham Sadler from InnovationAus

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WanderSafe founder heads to US where more VCs will back women

Canberra-based entrepreneur Stephenie Rodriguez has lived in Australia for 20 years, is set on raising her daughter here, but the founder of personal safety technology start-up WanderSafe has incorporated her business in the US.
Ms Rodriguez told The Australian Financial Review that statistics showing that less than 2 per cent of the total capital pool in Australia was used to back women founders, were a big factor in her deciding it would be easier to create a US company and have some Australian investors involved, rather than try to raise all of its capital here.

By Yolanda Redrup From The Australian Financial Review
(Google Link)

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What Legal Documents Do I Need When Bringing on Investors?

 

Raising capital is something most fast-growing startups or companies will have to do to stay competitive. This is because you need capital to pay for growth, whether this is more tech development, better marketing, or a greater provision of products or services.

This article sets out the key legal documents you will need to have in place when bringing on investors.

By Johan Lundstedt from Legal Vision

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EVENT: TechSydney Sundowners presented by AirTree

We all know how hectic startup life can be. Taking time out to catch up with people from our local tech community, who truly get that, can make a big difference.
So come join TechSydney for some casual drinks this Thursday at 5:30pm at Redoak Boutique Beer Cafe, 201 Clarence St, Sydney

More info here…


Melbourne’s nura raises $21 million Series A round led by Blackbird Ventures

Becoming Australia’s most successful Kickstarter project in 2016, nura has closed a $21 million Series A round led by existing backer Blackbird Ventures to push the rollout of its flagship product, the nuraphone.
According to the startup, the round was oversubscribed: it had announced a $15 million raise in August, however raised a further $6 million due to “strong interest”.

 

By Gina Baldassarre from Startup Daily

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Toowoomba startup Spark Girlz wins APAC final of Techstars Startup Weekend Women

 

Toowoomba startup Spark Girlz has taken out the top prize at the Asia Pacific regional finals of the inaugural Techstars Startup Weekend Women event.
Looking to help engage girls in science, technology, engineering, and maths (STEM) through the creation of free and paid resources to help teachers in the classroom, Spark Girlz is the brainchild of Stephanie Piper, community engagement coordinator at the University of Southern Queensland, Toowoomba.

By Gina Baldassarre from Startup Daily

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