3D design, engineering, and entertainment software provider, Autodesk, Inc. today announced its plans to invest up to $100 million into 3D printing startups and researchers over the coming years via its investment arm Spark Investment Fund.
Social content marketing technology startup Stackla has today announced the close of its first capital raise totalling $2 million.
Sydney-based startup Divvy Parking has kickstarted its national expansion plans today by launching in Melbourne.
According to the latest MYOB Business Monitor, the outlook for revenue growth for Australian startups in the next 12 months is weaker than in 2013. And the biggest pressure point for startups was found to be fuel prices.
Posse and Beat the Q have today announced a merger that will assist in companies’ growth trajectory. Together, the startups want to create the “Uber or Airbnb of shopping”. Posse and Beat the Q both have strong traction; collectively, they will have 500,000 users, 56,000 shop relationships and handle over 400,000 transactions per month.
Today, local services marketplace Oneflare, founded by Adam Dong and Marcus Lim, announced that it has secured a further $1 million in funding, taking total capital raised so far for the startup to $1.5 million.
After a serendipitous meeting on Twitter, two Sydney-based startups Crowdsurfa and Coder Factory were able to recognise synergies and form a strategic partnership.
Crowdsourced news distribution startup Newzulu has entered into a binding agreement to acquire Toronto-based media company Filemobile for approximately AUD$5.06 million (CD$5 million), depending on a number of conditions. To fund the acquisition, Newzulu will undertake a capital raise, details of which will be released at a later date. Newzulu will re-comply with Chapters 1 and 2 of the ASX Listing Rules in respect to the acquisition.