Category Archives: Startups Back

Brisbane startup Advvy goes head to head with top 100 Asian startups

Brisbane-based media management startup Advvy will be battling it out against the top 100 startups in Asia at the Echelon Asia Summit in Singapore next week. Advvy is the only Australian startup selected for the Top100 Fight Club pitch competition, and will be pitching to the likes of Sequoia Capital, 500 Startups, Golden Gate Ventures, Vertex Ventures … Read more

SHARK ANDREW BANKS ON WHY AUSTRALIAN STARTUPS NEED TO GET A BIT OF AMERICAN ATTITUDE

He’s a former thespian who borrowed $5,000 on two credit cards to get his first business off the ground in Sydney’s Woolloomooloo, and went on to establish two of the world’s biggest recruitment companies employing thousands of people. Now based in the exclusive suburb of Beverly Hills in Los Angeles, Andrew Banks is well placed … Read more

Banking startup Soldo gets $11million from Accel as it pivots to business accounts

LONDON — Banking startup Soldo has secured $US11 million (£8.6 million) in funding for its new business service, which allows companies to manage and track employee spending via their app. Soldo announced on Wednesday that it had closed a Series A funding round, led by tech investors Accel. Accel’s previous investments include the likes of … Read more

Brisbane’s Hydric Media works with brands to create apps for music discovery

Testament to the increasing popularity of streaming music, Spotify today announced that it breached the 140 million active user mark, with 48 million of those signing up for the platform’s paid service. To allow other businesses to pivot off this success, the company released its own API toolkit, offering a helping hand to startups such … Read more

What’s a co-foundry? How Adelaide-based incubator The Moonshine Lab is aiming to fill a gap in the startup ecosystem

It’s a problem many startup founders face: they’ve got a great idea and solid industry knowledge, but no technical founder to build their product. This is where Adelaide-based incubator The Moonshine Lab comes in with its new co-foundry service. The Moonshine Lab was borne out of Adelaide marketing agency The Distillery, and its principal Jason … Read more

A startup wants men to never tuck in their shirts again, and investors think their solution is worth $200 million

It’s a simple idea: a shirt with a shorter hem that is designed to be worn to be untucked. Untuckit, a startup founded by Aaron Sanandres and Chris Riccobono in 2011 out of an extra bedroom in Riccobono’s Hoboken, NJ apartment with just $US150,000 from friends and family, has turned that concept into a full-fledged … Read more

BON VOYAGE: WHY BOUTIQ’S FOUNDER HAS LITTLE CHOICE BUT TO RELOCATE HIS START-UP OFFSHORE

With the abolishment of 457 visas, a much-talked-about concern amongst start-ups has been that it will be harder to secure skilled labour, especially as large, international competitors continue to lure local talent with competitive salary packages. What has received less attention is the fact that the reforms will make it difficult for some entrepreneurs, such … Read more

AFTERPAY CEO ON THE UPS AND DOWNS OF STARTING UP AND WHY YOU NEED TO ‘RUN THROUGH WALLS’

WHILE at University, Nick Molnar was the biggest seller of jewellery on eBay in Australia. No easy feat, considering the site is the most popular online shopping destination in the country, with jewellery being one of the biggest sellers. Molnar, now 27, runs one of Australia’s fastest growing businesses and was named one of Forbes’ … Read more

A former Australian plumber just invented a $US179 earpiece that can translate 8 languages in real-time using IBM Watson

An Australian startup revealed its flagship product, an earpiece that can interpret 8 different languages in real-time, at a United Nations event in Switzerland on Friday. Lingmo International, a startup based in West Gosford north of Sydney, launched its TranslateOne2One earpiece at the UN’s Artificial Intelligence for Good Summit in Geneva, revealing that IBM Watson … Read more