All over the world, there are many startups who work hand-in-hand with technology to innovate a new product that can help humans. To know more about these tech startups, keep reading iTMunch.
6 Biggest Startup Fails from Across the World: Lessons Learned
Introduction Did you know – less than 1% of startups end up becoming unicorns like Airbnb, Uber and Slack? Recent research by Mr Shikhar Gosh (Senior Lecturer at Harvard Business School) found that 3 in 4 VC-backed firms in the United States fail. Moreover, Data...
10 Active Top Tech Venture Capital Firms: Driving Innovation
Introduction Venture Capital firms invest in innovative, promising startups and companies that possess growth and expansion potential. VC-backed companies get capital from venture capital firms and venture capitalists and channel them into their products and services. Most of the tech giants – Google, PayPal, Airbnb,...
Australian Logistics Startup Shippit Scores $30M Series B Funding
Sydney-based logistics startup Shippit has successfully raised $30 million in capital through a Series B funding round. The company says the funds will be used to further expand in Australia and Asia. The funding round was led by Tiger Global Management, a New York-based investment...
Telehealth startup Coviu secures $6 million after growth amidst pandemic
Australian telehealth startup Coviu has successfully raised capital of $6 million since its impressive growth during the pandemic. The funding round was backed by Equity Venture Partners, an early stage venture firm. Daniel Szekely, Equity Venture’s Investment Director will be joining Coviu’s board. The funding...
12 Thriving Australian Fintech Startups Making Waves in 2022
Introduction There is absolutely no shortage of groundbreaking Australian fintech startups and firms are offering cutting-edge solutions to its users. According to Australian FinTech, Sydney alone is a $60 billion fintech industry and home to more than half of Australia’s fintech firms. Additionally, by the...
Australian e-invoicing startup lands deal with the Federal Treasury
A Southern Australian e-invoicing startup Link4 has signed a deal with an Australian Treasury to accelerate invoice payments. Link4, an Aussie e-invoice delivery service provider will be responsible for connecting Treasury with the PEPPOL network (Pan-European Public Procurement Online). The deal will allow the department...
Cloud Accounting Giant XERO acquires Waddle for $80Million
Australian based invoice financing startup Waddle is set to be acquired by the ASX-listed cloud accounting giant Xero in an AU$80 million deal. As a part of the deal, Xero will make upfront cash payment of AU$31 million and subsequent earnout payments of upto AU$49...
CrazyRise: Search Engine For Service Providers in Australia
CrazyRise, a budding Australian startup is a service search engine that helps provide the best match for service requirements. It is basically like Google for service providers. The engine covers various areas included, home cleaning, handyman, gardening, business work, marketing, design, etc. This innovative...
On-demand hardware supplies delivery app ‘Rendr’ launches in Melbourne
Introduction 22-year old entrepreneurs, James Fisher and Greg Leibowitz have launch the Rendr app in Melbourne for doorstep-delivery of home and hardware supplies. The new on-demand delivery startup calls itself the “Uber for plants, home and hardware” and is available for iOS and Android users....
PwC Partner Anthony Klein Backs Australian Startup Preezie with Seed Funding
PwC Australia partner Anthony Klein has decided to pitch in along with a group of investors to provide seed funding for Preezie, an Australian startup. The ambitions of this Melbourne-based e-commerce startup are also supported by Skalata Ventures, a venture capital firm and other angel...
