Victorian government invests half a million dollars in local startup contracts
The state government procured three startups through its startup procurement program CivVic Lab.
The state government procured three startups through its startup procurement program CivVic Lab.
Global Kinetics Corporation has sourced an addition AU$1.5 million in its latest funding round from 55 investors globally.
Unleashed Software has now received a total of AU$16.5 million from investors since the company was established in 2009.
Uber is looking to raise between $1.5 billion and $2 billion in its next funding round, which could boost the company's valuation to $50 billion.
The ACCC has granted conditional authorisiation to launch and operate a new smartphone taxi-booking app that will be a joint venture between members including Yellow Cabs, Silver Top Taxi, and Cabcharge.
Following recommendations made by the financial system inquiry report, the Stone and Chalk fintech hub has been established as an effort between the public and private sectors to ensure that Australia's financial systems keep pace with emerging technology.
GoCar will initially be launched in Sydney, and provide a ridesharing service alongside GoCatch's existing taxi-booking service.
Invoice2go has raised a total of $50 million in funding thanks to investors Ribbit Capital and Accel, and will use it to further grow its product offering.
The Australian opposition said it supports Uber and Airbnb, but that more regulations are needed around public safety, workers' rights, tax, and accessibility.
Ingogo has made two new appointments to its team in preparation for its plans to list on the ASX, expand to new cities, and launch new products.