David Koch

Eight Aussie startups that raised $81.5 million this week

Roundup of eight local raises totalling roughly $81.5 million: generative AI, sustainable packaging, VR medical training, optical radar, drinks, preventive health and wholesale retail software.

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VC Sprint Ventures backs media startup ausbiz amid Series A+ raise

Brisbane VC Sprint Ventures has invested in business news streamer ausbiz, whose Series A+ raise continues; the company also added a new Head of Product and an extra market commentator to its on-air desk.

Lactamo and Xceptional have won $40,000 each in St George's Kick Start pitch competition

Two startups took out St George's 2020 Kick Start pitch contest, each receiving a $40,000 grant, while two runner-up ventures were awarded $10,000 apiece from the program's prize pool.

David Koch is launching a new live stream Australian business service

David Koch and Kylie Merritt are preparing to launch ausbiz, a free live-streaming business and startup news channel, in early 2020, with a Koch-led seed raise nearing completion and partnerships including Adviser Ratings and Iress.

Financial advisers are backing a crowdfunding campaign for an $11 million independent ratings startup

Adviser Ratings, a Sydney-based startup that rates financial advisers, has launched a Series A crowdfunding campaign on Birchal, seeking $1.5 million toward marketplace and licensee-rating products; shareholders had already put in $1 million.