The Aussie Facebook rival app enjoying growth following the news ban debacle

LITT Co-founders Brent Thompson and Peter Salom | Image credit: LITT

Australian community and digital payments hybrid app LITT has experienced a surge in its user base following Facebook’s decision to ban news content in the country last Thursday the 18th of February.

It’s gold, gold, gold to SWAN Systems in FoodBytes! Pitch 2020

SWAN Systems, a precision irrigation and fertiliser platform founded by Western Australian farmers has won the global agtech category of international start-up competition, FoodBytes! Pitch 2020. SWAN Systems and NSW ag-tech startup ProAgni were among the 15 finalists selected from an original field of nearly 340 applications from across 14 countries, based on their innovative solutions… Continue reading It’s gold, gold, gold to SWAN Systems in FoodBytes! Pitch 2020

Atlassian alumni has joined Sydney startup as Head of Engineering

Head of Engineering at Qwilr, Ben Mackie. Credit: Supplied.

Qwilr, online proposal and quote software startup, has announced the appointment of Ben Mackie as Head of Engineering. Ben joins from Atlassian where he spent six years leading engineering, platform and technology partnerships for Confluence, Atlassian’s workplace collaboration platform, and scaling product growth and experimentation across the company. Ben is looking forward to moving from… Continue reading Atlassian alumni has joined Sydney startup as Head of Engineering

Changes to FIRB process causing big delays for startups raising offshore capital

The Board; (left to right,) Roger Brake, Meg McDonald, Teresa Dyson, Alice Williams, Chair David Irvine, Cheryl Edwardes and Nick Minchin. Absent: David Peever. 15 November 2019, Canberra.

Significant reforms to the Foreign Investment Review Board (FIRB) process has resulted in long approval delays for Australian startups raising capital from foreign investors. Many Australian startups raising Series A & B rounds often have to rely on foreign investors to complete their rounds as they are often larger than what local investors can allocate. These delays… Continue reading Changes to FIRB process causing big delays for startups raising offshore capital

Founding a startup during a pandemic: Advice from UNSW founders

UNSW Founders, a startup program, has seen an increase in participation in recent months despite the pandemic. The program focuses on helping UNSW students, staff and alumni to build entrepreneurship skills, and found and grow real companies. And this year, the number of participants is much higher than last year. The program has managed to… Continue reading Founding a startup during a pandemic: Advice from UNSW founders

How I went from a career in finance to launching a $1.7m beauty start-up

Michelle Hu is the founder of Etoile Collective

Founder Michelle Hu takes us through the how and why she dropped her successful career in finance to launch her beauty startup, Etoile Collective, which became a huge success from 100% organic growth. In late 2016, months before I was to start as a graduate at an investment bank, I launched Etoile Collective: a beauty… Continue reading How I went from a career in finance to launching a $1.7m beauty start-up

Startup GO1 secures over US$40 Million in funding with remote work explosion

GO1 CEO Andrew Barnes

The increase in remote workers due to the COVID-19 pandemic means that more users than ever are on the GO1 platform for remote learning. GO1.com, a content hub designed to help companies upscale their workforce with on-demand training, has announced it has raised over US$40 million in a Series C funding and has said it has… Continue reading Startup GO1 secures over US$40 Million in funding with remote work explosion

Fintech startup Verteva secures $33M Series A raise amid COVID-19

Founding CEO of Verteva, Andrew Walker

Financial technology startup and home loan disruptor, Verteva, has secured a AUD$33m Series A capital raise which has been funded entirely by New Zealand’s Bolton Equities. Founded just last year, Verveta has been in ‘stealth mode’ up until now, developing its product offering without any publicity. This is according to the founding CEO Andrew Walker, who along with… Continue reading Fintech startup Verteva secures $33M Series A raise amid COVID-19

Designer face mask business TECMASK sees 8000% growth in January

Maddy Scarf, co-founder of TECMASK. Source: Supplied.

TECMASK has seen unforeseen and unplanned exponential business and sales growth of their face masks since the outbreak of coronavirus. Originally ridiculed for their business idea, sales have boomed since the demand increased with the spread of COVID19.  In 2015, daughter and father duo Maddy and David Scarf founded TECMASK – a Sydney-based business that produces… Continue reading Designer face mask business TECMASK sees 8000% growth in January