November 2024
‘We gave it everything’: AI start-up calls it quits after raising $60m
Administrators are looking for buyers of the assets of fallen retail company Hivery, which had raised over $60 million from leading VC firms.
- Paul Smith
Music industry brass throw weight behind talent booking platform
An online platform that fashions itself as the future marketplace and booking platform for top Aussie talent is rounding the final week of its $2 million raise.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September 2024
Vegan chain collapses amid lack of appetite, Rich Lister dispute
Flave, started by Stuart and Samantha Cook in 2020, wanted to bring plant-based meat to the masses with a chain of vegan restaurants, but it struggled to attract customers.
- Yolanda Redrup
August 2024
Crowdfunding firm seeks survival funding after ‘diabolical’ 18 months
Equitise, a major equity raising platform, is in talks with investors to recapitalise the company as the sector looks to rebuild after the tech funding winter.
- Paul Smith
July 2024
Priced out of housing, communities take over development
Easing of investment restrictions allows neighbourhood groups to finance unconventional projects that banks and institutional lenders won’t touch.
- Keith Schneider
August 2023
- Exclusive
- Start-ups
Start-ups defend valuations as they raise millions from crowdfunding
An eclectic mix of firms including a flying carmaker, cannabis grower and biodegradable bag manufacturer have raised tens of millions via crowdfunding this year.
- Nick Bonyhady
Adviser social network preps capital raise under new chairman
Ensombl, which operates a social media platform for around 8000 financial planners, has brought on a new chair to lead it through its expansion phase.
- Sarah Thompson, Kanika Sood and Emma Rapaport
January 2023
- Exclusive
- Start-ups
Start-ups turn to crowdfunding in record numbers as VC dries up
Birchal’s CSF Yearbook revealed a 2 per cent increase in deals in 2022 and almost 50 per cent of companies raising already had more than $1 million in revenue.
- Updated
- Yolanda Redrup
May 2022
Mates turn to equity crowdfunding to raise $1.5m for Stubby Club
The sports merchandise start-up is looking to raise capital quickly without giving up control to private equity firms, as it prepares for a growth surge.
- Alex Gluyas
March 2022
- Exclusive
- Funding
How Birchal became the dominant retail equity funding platform
The equity crowdfunding platform has passed $100 million in capital raises since it began about four years ago.
- Yolanda Redrup
November 2021
Farmers collect data to measure improvements, tap carbon markets
Regen Farmers Mutual is raising funds to create a ‘digital twin’ of farms using drones and sensors to open up new revenue streams from carbon credits.
- James Eyers
October 2021
Skyportz signs electric flying taxi deal with US’s Electra
Skyportz, a Melbourne start-up that is developing landing sites for Jetsons-style air taxis, will buy up 100 hybrid electric aircraft from a US manufacturer.
- Jenny Wiggins
September 2021
- Exclusive
- Start-ups
Raising capital? Aussie crowdfunding surges 125pc
Fintech companies, alcohol brands, and innovative food products fare best at raising money online to boost their businesses, according to a new report on Australia’s equity crowdfunding industry.
- Natasha Gillezeau
June 2021
Crowdfunding a heart-starter for stalled ventures
Crowdfunding got a pandemic boost as conservative Aussie investors shied away from wildcat schemes – forcing entrepreneurs to look elsewhere.
- Jonathan Porter
April 2021
How to invest in residential property - without buying a house
With property prices rising again, some investors are seeking a slice of residential real estate via new-age crowdfunding and investment funds.
- Aleks Vickovich
April 2021
Proptech poised for post-pandemic boom
Institutional investors are pouring billions of dollars into exclusive real estate technology funds. These small cap stocks offer retail investors a taste.
- Aleks Vickovich
February 2021
- Exclusive
- Coffee
Millennial Aussies put NYC cafe up for historic crowdfund
Australian-owned coffee chain Citizens has commenced a $US5 million capital raise on the platform Republic, following in the footsteps of Robinhood and Elon Musk’s SpaceX.
- Aleks Vickovich
November 2020
- Exclusive
- Funding
Medicinal cannabis-related portal crowdfunds $2m
Montu will use the funds to boost its marketing and attract more doctors on to the platform to service patients who need cannabidiol-related treatments.
- Natasha Gillezeau
September 2020
- Exclusive
- Fintech
200 financial advisers bankroll industry social network
XY Adviser, a social media platform for financial planners, has completed a $400,000 crowdfunding campaign as it looks to agitate for change in the troubled sector.
- Aleks Vickovich
Former Omega watchmaker launched her own brand in six minutes
Being made redundant is never easy, especially when it happens while on maternity leave. But this entrepreneur turned her situation around in hardly any time.
- Lauren Sams