Startup funding in Australia sees 50% dip, as investors remain cautious during COVID-19
Startup funding activity in Australia is trending down again, with deals down almost 50% for Q3, compared to 2019.
COVID-19 drives down global VC funding — but Australia and New Zealand stay strong
While COVID-19 has seen venture capital funding dip on a global scale, the Australian and Kiwi markets are faring relatively well.
Winds of change: South Australian startup Ping raises $1.3 million for IoT wind turbine tech
Ping Services will scale up production of its device detecting damage on wind turbines, as shift towards renewables shows no signs of slowing.
Edtech Chatterize banks $1 million to roll out its AI-enabled language chatbot in China
Language-learning edtech Chatterize has raised NZD$1 million in seed funding, as it gets ready to ramp up its rollout in China.
News vs numbers: What does COVID-19 really mean for startup funding in Australia?
The headlines suggest there's no shortage of cash available for Australian startups during COVID-19, but the statistics tell a different story. So, which is it?
Recruitment startup bags $1.1 million in seed funding, but growth plans are “out the window”
Recruitment startup alooba has secured a massive $1.1 million in seed funding, at just a year old and slap bang in the middle of an economic crisis.
“A knowledge vacuum”: As COVID-19 causes economic chaos, will startup investment dry up?
COVID-19 is playing havoc with the economy, and a recession is looking increasingly likely. But what does that mean for startups relying on VC investment?
