Bogdan Ghita

Aug 6, 2024 | startupdaily.net | Simon Thomsen |Tom Williams |Paul Haskell-Dowland |Bogdan Ghita

A startup developing cheaper, copper-based solar panels, and backed by Australian tech royalty, has shed jobs and changed its executive leadership as part of a major restructure of the business SunDrive’s investors include Atlassian founder Mike Cannon-Brookes, VCs Blackbird and Main Sequence, the federal government-backed Australian Renewable Energy Agency (ARENA) and Clean Energy Finance Corporation, Canva founder Cameron Adams, former PM Malcolm Turnbull and Tesla chair Robyn Denholm.

Aug 6, 2024 | startupdaily.net | Tom Williams |Simon Thomsen |Paul Haskell-Dowland |Bogdan Ghita

Google has created an illegal monopoly in the search engine industry by violating US antitrust law and spending billions on contracts to be the default search provider on most devices in the US, a judge has ruled. The case, which could have major implications for Google’s parent company Alphabet and other tech giants, also marks the first major victory for US authorities currently attempting to wrangle the power of Big Tech.

Aug 5, 2024 | startupdaily.net | Simon Thomsen |Paul Haskell-Dowland |Bogdan Ghita |Phil Morle

Buoyed by the sale of its stake in Employment Hero last last year and with more exits on the horizon, pioneering Sydney VC fund OneVentures says it will return around $100 million more to investors over the next eight months as it looks to raise a new $200 million fund. OneVentures founding partner Dr Michelle Deaker said that Fund VII, new Growth Equity fund aims to raise $200m to support the growth of later-stage technology companies.

Aug 5, 2024 | startupdaily.net | Simon Thomsen |Paul Haskell-Dowland |Bogdan Ghita |Phil Morle

Online retail deals marketplace Little Birdie will spring back to life two months after its sudden shuttering after being acquired by cashback sales platform CashrewardsThe terms of the deal were not disclosed. But Little Birdie’s resurrection is undoubtedly is a big win for ANZ’s venture team, 1835i, over rival CBA. CommBank was part of a record $30 million pre-Seed investment in Little Birdie, taking a 23% stake in 2021.

Aug 5, 2024 | startupdaily.net | Paul Haskell-Dowland |Bogdan Ghita |Phil Morle |Simon Thomsen

Artificial intelligence-based loans assessment platform Rich Data Co has topped up its  Series B, nine months on, with another $9 million, this time from Acorn Capital, for a total raise of $37 million. The fintech banked $28 million last November in part 1 of its Series B, led by Westpac and Nasdaq-listed cloud banking firm nCino, supported by existing backer BMYG and a new investor, Singapore-based Octava Fund.