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knockknock

Chat gaming startup Knock Knock raises $2M

Knock Knock, a startup building games for platforms like Facebook Messenger and WeChat, is announcing that it has raised $2 million in seed funding. The goal isn’t to build interactive chat fiction, but rather fully fledged mobile games that are accessed from messaging apps, while also taking advantages of the opportunities offered by incorporating messaging […]

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Red-Lips

The Next Billion Dollar Startups Will Be Led By Women

Kylie Jenner is set to become the world’s youngest billionaire. At 21, Forbes estimates that her cosmetics line is valued at $800 million. Jenner launched her company with $250,000 that she made from modeling gigs. Some critics argue that her successful company, which has sold more than $630 million in product, is only due to […]

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How much for an app

Australian fintech startup raises $80 million in funding round

In what’s being called the second largest funding round in Australian history, Melbourne-based fintech startup Airwallex announced yesterday the completion of their Series B funding round that raised USD$80 million (AUD$108 million).Airwallex facilitates cross-border transactions for businesses. Founded in 2015 by Jack Zhang, Jacob Dai, and Lucy Yueting Liu, the fintech startup has already completed […]

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Hand writing Start-up concept with black marker on transparent wipe board.

Zoox, Aussie led self-driving startup, closes in on $US3b valuation

The race to replace the traditional car is already one of the most fascinating stories in global business. Internet giants such as Google and China’s Baidu, upstarts such as Uber and Tesla (led by the increasingly volatile Elon Musk) and traditional automakers like General Motors, are all vying for control of a market that analysts […]

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nano_sat

Adelaide nanosatellite startup raises $19m to become global player in IoT

Nanosatellite startup Myriota has closed a $19.4 million Series A funding round with the backing five venture capital firms, making it the largest round announced globally to date for a tech startup using Space 2.0 for the internet of things (IoT). Founded in Adelaide in 2015 as a spin-out from the University of South Australia, […]

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Money and plant. Hand holding euro coin.

Venture Capital Hits Record In Australia

Venture capital investment in Australia in the 2017-18 financial year hit a record $US630 million ($AU849 million). The trend is for larger raises going to later stage startups. KPMG says venture financing in Australia is keeping pace with global trends. Venture capital in Australia hit a record $US630 million ($AU849 million) in the 2017-18 financial […]

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A380

This Australian startup that lets people bid for seat upgrades has secured an $8 million funding round

Seatfrog, an Australian tech startup which allows passengers to bidding on airplane and rail seat upgrades, has announced a $8 million Series A funding round. The round was led by Octopus Ventures, the London and New York based venture capital firm behind highly successful businesses such as Secret Escapes and Zoopla Property Group. Existing investors, […]

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With $57.5B invested so far in 2018, VC funding for U.S. startups reaching ‘unprecedented levels’

The amount of venture capital funding pouring into U.S. startups is on pace to reach levels unseen since the early 2000s. The latest PitchBook-NVCA Venture Monitor report shows $57.5 billion invested across 3,997 deals for U.S. venture-backed companies thus far in 2018. The most recent quarter was the fifth consecutive with more than $20 billion […]

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heart-health_dr

Telehealth startup Doctor Anywhere raises S$5.6m in series A financing

SINGAPORE-based telehealth startup Doctor Anywhere has successfully raised S$5.6 million in a series A financing round, anchored by Kamet Capital Partners. The funding round will enable the startup to continue developing its products and services that will boost healthcare accessibility in Singapore, it said in a press release. The funds will be used to expand […]

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‘Shark Tank’ alum SmartGurlz is raising $2M, eyeing Walmart, Apple deals

The robots are multiplying. Not the indoor-farming robots, food-delivery robots or house-building robots feared to be coming after human jobs. The robot-riding dolls from Arlington-based SmartGurlz, the ed-tech startup that nabbed funding from “Shark Tank” shark Daymond John late last year. A refresher: Sharmi Albrechtsen’s company has a line of dolls that ride robotic Segways, […]

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