Business

  • SAFE notes: Basics to a safe gateway to startup investment

    In the complex world of startup financing, Simple Agreement for Equity, better known as SAFE, is a tool to ease the process for both entrepreneurs as well as investors. Though it is a new investment instrument, in the recent years, it has gained a lot of popularity. What is SAFE exactly? SAFE is much like… Read more »

  • Snooper raises $1 million AUD to accelerate crowdsourcing among brands and retailers

    Snooper, the crowdsourcing platform disrupting how brands and retailers collect data, announced today a AUD 1 million investment led by Microequities Venture Capital Fund to further accelerate growth in Australia. Using the Snooper platform brands and retailers can now instantly connect with their shoppers around the country by uploading paid ‘missions’ to collect in-store data…. Read more »

  • Bluedot Innovation secures US$5.5 million in Series A funding

    Bluedot Innovation, an advanced location services technology company, has secured US$5.5 million in Series A funding. Transurban, one of the world’s leading urban toll road managers and developers, led the funding with an investment of US$4 million. Bluedot enables enterprises to connect with their customers through highly relevant and personalized interactions based on the location… Read more »

  • Future of Work startup BenchOn raises $650,000 in seed funding round

    BenchOn, a B2B talent mobility platform that solves the problem of employee underutilisation by matching a business’s idle staff to short-term contracts, has raised $650,000 in seed capital as it looks to scale nationally to meet market demand. BenchOn was founded in March 2016 by Tim Walmsley while he was working as an executive in the defence industry and… Read more »

  • Google left high and dry in search for new Aussie HQ

    The NSW state government has left Google in the lurch as a plan to create a new innovation hub with the tech giant as the ‘anchor tenant’ has fallen through. This isn’t the first time Google has attempted to establish a headquarters in Sydney.  The Silicon Valley-based company walked away from plans to convert the White… Read more »

  • Adecco Group acquires General Assembly for US$413 million

    Edtech startup General Assembly is being acquired for US$ 413 million including debt by European human resource and staffing company Adecco Group. The Adecco Group is a Swiss-based global company, with operations in over 60 countries. They offer HR solutions and various staffing and recruitment services through its network of independent brands. The acquisition will… Read more »

  • BlueChilli and Coca-Cola Amatil launch Xcelerate to turn ideas into global businesses

    Today Coca-Cola Amatil has launched its Xcelerate program, powered by Australia’s largest tech startup accelerator BlueChilli, to give budding entrepreneurs the opportunity of a lifetime to quit their day job and have their innovative idea become a global reality. Australians and New Zealanders with brilliant ideas that could become global businesses with the right support… Read more »