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Two Australian tech companies have injected money into the local startup scene.
This year's Startup Weekend, held November 22-23, attracted its largest crowd of Sydney entrepreneurs Sydney yet, according to organiser Thai Huynh.
An alliance between KPMG and Artesian Venture Partners aims to connect corporates with Australian startups.
Australian inaction on startup issues “has potential to turn into a national tragedy,” according to the chief executive of Nitro.
The federal government’s replacement for Commercialisation Australia has adopted recommendations from tech startup advocates, according to StartupAus.
An overhaul of the significant investor visa will increase startup access to venture capital in Australia, according to the Australian Industry (Ai) Group.
Australia’s startup scene has welcomed changes by the Abbott government to taxation of employee stock option plans (ESOPs) as a positive first step toward a thriving startup ecosystem.
The Australian government will reform how employee share options are taxed to make it easier for startups to attract and retain talent, as part of a $400 million Industry Innovation and Competitiveness Agenda unveiled today by Prime Minister Tony Abbott.
Atlassian founder Scott Farquhar said he would not stay in Australia if he was starting a tech company today.
Tight US immigration laws could be closing the “brain drain” of foreign startups that defect to Silicon Valley, according to startup investors Bill Tai and Lars Rasmussen.
After a pivot into mobile payments, Ingogo has raised $9.1 million in a pre-IPO funding round.
Sydney startup Tinybeans has secured $2 million in funding from private investors to fuel the parenting social network’s international ambitions.
US venture capital firms have committed USD$35 million to a B2B startup from the Central Coast.
Too many investors think of the Australian startup scene as a “casino” in which they can place a number of bets and get rich quick, according to Talent International Richard Earl.
Nine of the 10 startups that entered the Telstra muru-D accelerator program have graduated, with eight already securing investors for the next stage.
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