Startup report slams crowdfunding model, claims it "fails to adequately protect retail investors"

Startup report slams crowdfunding model, claims it "fails to adequately protect retail investors"

Authors of the State of Australian Startup Funding Report 2023...

Aussie startup funding fell in half to $3.5 billion in 2023

Aussie startup funding fell in half to $3.5 billion in 2023

Australian startup funding fell by a whopping 52.7 per cent last ye...

CarbonHQ raises $600,000 in pre-seed for tech to bring carbon credits back to earth

CarbonHQ raises $600,000 in pre-seed for tech to bring carbon credits back to earth

The $3 billion voluntary carbon market may have risen at a compound...

Geoff Wilson's WAM Leaders to make $216m takeover bid for QV Equities

Geoff Wilson's WAM Leaders to make $216m takeover bid for QV Equities

Geoff Wilson's large-cap active investment vehicle WAM Leaders ...

Crowd-sourced funding steady at $71m as food & beverage, female-founded startups rise

Crowd-sourced funding steady at $71m as food & beverage, female-founded startups rise

Despite a 58 per cent decline in venture capital funding in Austral...

Skincare group Ultra Violette raises $15m from US fund to scale in North America

Skincare group Ultra Violette raises $15m from US fund to scale in North America

Ultra Violette, an Australian brand at the forefront of premium SPF...

Prospa snaps up Zip SME loan business for $15.6m

Prospa snaps up Zip SME loan business for $15.6m

Buy-now pay-later (BNPL) company Zip Co (ASX: ZIP) continues to win...

Autodesk backs AI-driven water pipeline maintenance scale-up VAPAR in $5m raise

Autodesk backs AI-driven water pipeline maintenance scale-up VAPAR in $5m raise

A Sydney-based scale-up that helps water utilities companies mainta...

Forcite crowdfunding shareholders cop 87pc loss on GoPro takeover

Forcite crowdfunding shareholders cop 87pc loss on GoPro takeover

Preferential shareholders will be able to cash in and receive retur...

Stake co-founder Leibowitz to step aside from CEO role after assets under management surge in 2023

Stake co-founder Leibowitz to step aside from CEO role after assets under management surge in 2023

After increasing its assets under administration by $1 billion in t...

Property fintech Futurerent secures $50m to roll out US business Downpayments

Property fintech Futurerent secures $50m to roll out US business Downpayments

Sydney-headquartered startup Futurerent, which allows property inve...

Vinyl Group backed by tech billionaire in $10m deal to acquire The Brag Media

Vinyl Group backed by tech billionaire in $10m deal to acquire The Brag Media

Vinyl Group (ASX: VNL), the ASX-listed music company formerly known...

What will 2024 hold for VC and startups?

What will 2024 hold for VC and startups?

In early-stage investment, staying ahead of trends and building tru...

Council payments software startup Payble raises $3.5m

Council payments software startup Payble raises $3.5m

A Sydney-headquartered startup that makes payment solutions easier ...

Birchal raises $1.2m in first 24 hours of its own crowdfunding campaign

Birchal raises $1.2m in first 24 hours of its own crowdfunding campaign

Melbourne-headquartered crowdfunding platform Birchal has made its ...

Relevance AI raises $15m in Series A amid surge in clients for its low-code platform

Relevance AI raises $15m in Series A amid surge in clients for its low-code platform

Sydney-based tech startup Relevance AI has raised $15 million in a ...

Neobank Volt enters solvent liquidation as wind down continues

Neobank Volt enters solvent liquidation as wind down continues

Numerous entities affiliated with failed neobank Volt have entered ...

AI recipe startup Clove cooks up $4.15m seed raise

AI recipe startup Clove cooks up $4.15m seed raise

Two Canva alumni have successfully raised $4.15 million for their A...

Venture capitalists back generative AI startup Leonardo.Ai to the tune of $47m

Venture capitalists back generative AI startup Leonardo.Ai to the tune of $47m

Sydney-based generative AI startup Leonardo.Ai, a platform that has...

Virtual reality medical training startup Vantari VR raises $7m

Virtual reality medical training startup Vantari VR raises $7m

An Australian virtual reality medical training technology is alread...

Perpetual knocks back $3 billion deal proposed by Soul Patts

Perpetual knocks back $3 billion deal proposed by Soul Patts

The board of financial services group Perpetual (ASX: PPT) has turn...

The 7 charts that show Australians struggling as saving falls to near zero

The 7 charts that show Australians struggling as saving falls to near zero

The national accounts released by the Australian Bureau of Statisti...

ARN Media forced to divest $16m in shares of takeover target Southern Cross Media

ARN Media forced to divest $16m in shares of takeover target Southern Cross Media

An M&A tussle involving some of the biggest powerbrokers in Aus...

Early-stage startup backer Happenco secures $12m to fund founders

Early-stage startup backer Happenco secures $12m to fund founders

Australian venture investment and advisory firm Happenco has announ...

'AI brain for banks' Rich Data Co raises US$17.5m Series B

'AI brain for banks' Rich Data Co raises US$17.5m Series B

A Sydney-headquartered tech company styling itself as an "AI b...

Prop-tech Soho hits $20m valuation after Singapore’s Feedback Ventures buys in

Prop-tech Soho hits $20m valuation after Singapore’s Feedback Ventures buys in

A $750,000 equity investment by Singapore prop-tech fund Feedback V...

Australian banks to roll out new payee system to tackle ‘global scam epidemic’

Australian banks to roll out new payee system to tackle ‘global scam epidemic’

In a bid to protect Australians from the ‘global scam epidemi...

Drone-tech startup Aerologix, backed by $2m capital raise, seals Brazilian acquisition

Drone-tech startup Aerologix, backed by $2m capital raise, seals Brazilian acquisition

Sydney-based drone technology startup Aerologix, backed by a $2 mil...

Smart-drinks startup Refilled raises $1.3m in seed round to save 100 million bottles from landfill

Smart-drinks startup Refilled raises $1.3m in seed round to save 100 million bottles from landfill

Sydney-based smart-drinks dispenser startup Refilled has closed out...

No-code proptech software scale-up Sitemate raises $7.5m pre-Series A

No-code proptech software scale-up Sitemate raises $7.5m pre-Series A

Sydney-headquartered no-code software company Sitemate has announce...