Sydney-based venture technology investor and startup incubator, BlueChilli has today announced it has closed AUD$5 million in investment, which will help the firm continue in its path to grow and strengthen Australia’s startup sector. The latest round of funding was led by Australian business icon The Myer Family Investments, as well as Adelaide-based tech entrepreneur and founder of Internode Simon Hackett.
Six months ago, personal finance and budgeting application Pocketbook were announcing they had just reached the 50,000 users milestone. Today it was revealed they announced 100,000 users.
Yesterday afternoon the company announced it has closed a further follow on round, with Australia’s Blackbird Ventures joining the LIFX family.
There is a massive opportunity for another Startup / Tech focused media player to enter the market – that not only reported and analysed what was happening in the space but a site that also uncovers and reports on opportunities that exist between Asia and Australia.
At last year’s Small Teams, Big Impact competition, there was a balanced mix of talent and disaster. Some startups excelled in their pitches, others were cringe-worthy. The Rackspace Small Teams Big Impact competition had everything you would see on X Factor Australia, minus the make-up and overwhelming stench of desperation. It was a competition of ideas. And it’s about to happen all over again.
Farmbot, Pixc and Open Learning have successfully obtained second-round funding from SYD Ventures – a company that describes itself as a startup (not a VC fund) investing in other early stage startups.
Startups don’t have the cash flow required presently for proper scalable market research. However with the release of “Audience” today by SurveyMonkey in Australia – that barrier has just been smashed, in a big way.
Startup Daily was proud to join forces this year with the 2014 Australian Startup Awards.
This national awards program, conducted by The Entourage, Australia’s largest entrepreneurial education institute, recognises business excellence and celebrates the achievements of Australia’s top entrepreneurs under 40.