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Sep 19, 2024 | 
foodanddrinkbusiness.com.au | Phil Morle
There is never a straight line to success – startup teams expand and contract all the time as they learn what they need to become. Being in a startup means trying things that may not work. In fact, most things we try in startups don’t work the first time and many variations of an idea are attempted before the winning solution is discovered. Sometimes a solution cannot be found.
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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.
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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.
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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.
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Aug 5, 2024 | 
startupdaily.net | Paul Haskell-Dowland |Bogdan Ghita |Phil Morle |Simon Thomsen
Our insatiable demand for digital content and services has been driving a rise in energy-hungry data centres. The International Energy Agency reports global data centre electricity consumption could double in a few short years, reaching 1,000 terawatt hours (TWh) by 2026. That’s roughly the same as generated by the whole of Japan per year. Some predictions estimate 8–10% of the planet’s electricity production will be needed to sustain the relentless growth in data centres.
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Aug 5, 2024 | 
startupdaily.net | Phil Morle |Simon Thomsen
AgriFutures is on the hunt for the next generation of agrifood innovators with applications opening for the evokeAG. Groundbreakers program. The annual leadership mentoring event has rebranded from Future Young Leaders to the 2025 evokeAG. Groundbreakers Program. It will give five innovators the chance to present their ideas or research to an international audience at evokeAG. in Brisbane in February next year.
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Aug 5, 2024 | 
startupdaily.net | Phil Morle |Simon Thomsen |Harrison Polites
Disability tech accelerator and investor Remarkable has chosen 10 startups, including five from the US, for its latest 16-week program, spanning AI-driven health solutions to mobility aids to help people live better lives. This year, startups from Australia, the US, the UK and Canada are part of the accelerator, with the global cohort, managed by Remarkable’s Australia-based team under Emma Earley, while Remarkable US director Molly Lazarus takes care of things in the States.
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Oct 12, 2023 | 
startupdaily.net | Simon Thomsen |Casey Tonkin |Phil Morle |David Braue
Nourish Foods, the parent company of organic children’s food brand Whole Kids, has new owners, with the Tempo Group buying the brand’s intellectual property from the company’s administrators. John McInerney and Matt Byrnes from Grant Thornton took charge of the business as receivers in mid-September, a week after it was placed in voluntary administration following an unsuccessful $1 million raise via crowdfunding.
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Oct 11, 2023 | 
startupdaily.net | Phil Morle |Simon Thomsen |David Braue |Leonora Risse
Main Sequence is ‘all in’ on SXSW Sydney, co-sponsoring the 2050 stream with our friends at CSIRO, Nourish and v2food. Here’s what we will be doing during the week. Throughout the week, we’ll be hanging out in our lounge on the main conference floor – Room C3.1. We’ll be in and out of meetings, intimate fireside chats and podcast recording sessions. Come and say hello and see who’s around. Come and see Main Sequence Partner Mike Zimmerman.
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Oct 10, 2023 | 
startupdaily.net | Leonora Risse |Simon Thomsen |Adam Bub |Phil Morle
In an astonishing act of timing, Harvard University’s Professor Claudia Goldin published a paper on Monday titled Why Women Won. It mapped milestone moments in women’s rights in the United States from 1905 to 2023. A few hours later, she was awarded the 2023 Nobel Prize in Economics “for having advanced our understanding of women’s labour market outcomes”.
