Seven startups that raised $77.2 million this week (kind of)
This week we found out about seven Australian and New Zealand startups that made absolute bank from VC investment.
A few large raises doesn’t mean the current funding for women-led startups in Australia is acceptable
The latest Cut Through Ventures report has some good news regarding funding for women-led businesses in Q1. But we invite you to look beyond a couple of big raises.
Three Australian startups that landed over $22 million this week
We have three great Australian startups that managed to collectively land over $22 million this week. And they're an eclectic bunch!
The $80 billion question: New ASBFEO inquiry asks if small businesses are locked out of government contracts
The multi-billion dollar flow of taxpayer funds to small business contractors will come under investigation by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO), as the federal government attempts to lock in its new small business procurement target.
“Trying to do the right thing”: Husic backs decision to pause new STEM grants as diversity review takes place
Minister for Industry and Science Ed Husic has backed the federal government's broad-reaching Diversity in STEM Review and its consultative process, following industry pushback to the decision to pause new grant funding as the review takes place.
Four Australian startups that raised $60.6 million this week
Aussie startups managed to beat last week's funding round by over $2 million, landing $60.6 million across four companies. This was primarily led by two big raises from Unyoked and SpeeDX.
The Australian attempted to explain startups’ funding challenges without talking to any female VCs
Although the article doesn't cite anything other than anecdotal evidence, it does do one thing really well. It highlights the incredible challenges female founders face in the capital environment by its very structure.
Specialty manufacturer Derwent Industries secures $15 million Australian Business Growth Fund backing
Founded by the federal government, the ABGF has now deployed more than $100 million in capital after investing in the pipe and fitting foundry.
COSBOA reveals 29-point Budget wish list for small businesses, highlighting tax tweaks and targeted support
Tax tweaks, targeted support, and red tape reduction are headline items in the Council of Small Business Association's latest pre-Budget submission, as the peak industry group prepares for what it calls the "post-COVID-19 climate".
Milkrun reportedly sought new investment twice in 2022 as a perfect economic storm came for instant delivery
That reticence was backdropped by significant operating costs at Milkrun, which eschews the independent contractor model and uses employees to deliver groceries.
Six startup funding deals you might have missed
It might be the end of the year but we're not quite done with startup raises just yet. Here are six more recent ones you might have missed over the last week.
From circular economy to surf culture innovators: 10 Aussie female-founded startups to watch in 2023
Australia's female founders are as diverse as they are innovative, bringing new ideas which promise to shake the market in 2023.