Samooha, a startup developing a “cross-cloud” data collaboration platform, today announced it has raised $12.5 million in a tranche of funding backed by Altimeter Capital and Snowflake Ventures, among others. CEO Kamakshi Sivaramakrishnan says the cash injection – Samooha’s first – will be spent on product development and hiring; the [...]
Most of the pitch deck teardowns to date (here’s a handy list of the 30+ we’ve published so far) have been for institutional funding rounds, usually in the millions or tens, even hundreds of millions of dollars raised. Those are interesting to look at, of course, but I also know [...]
Nature heals, the tech show returns to in-person events. I’m not sure I’ll be all over CES less than a month after returning from Vegas, but we’re already in full planning mode for australiabusinessblog.com’s return to Barcelona. We are sending an extremely small team to this year’s event, but while [...]
Hello and welcome back to Equitya podcast about the business of startups, where we unravel the numbers and nuances behind the headlines. This week Natasha Mascarenhas And Becca Szkutak grabbed their mics to sing a duet over this week’s startup news. Just kidding! But us did highlight some fun companies [...]
W welcome to the australiabusinessblog.com Exchange, a weekly newsletter for startups and markets. It is inspired by the daily australiabusinessblog.com+ column from which it takes its name. Do you want it in your inbox every Saturday? Register here. “It’s not based on usage or subscription pricing,” VC firm OpenView wrote [...]
Have a great weekend, folks, and welcome back to australiabusinessblog.com Week in Review. Henry here, replaces a vacationing Kyle Wiggers, who replaces parentally departing Greg Kumparak. Listen, we’ve got a deep couch, and both guys will be back soon. Until then, check out just some of the top stories of [...]
Welcome to Startups Weekly, a nuanced look at this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. Subscribe to receive it in your inbox here. Towards the end of 2022, a number of entrepreneurs, some of whom quoted Elon Musk, told me they are bringing [...]
In October last year, Sendy, a Kenyan logistics scale-up, ended its provisioning service, which allowed retailers to purchase FMCGs directly from manufacturers, saying it was focusing all of its focus on its end-to-end fulfillment offering. Months later, the company ceases operations on the ground in Nigeria, one of its four [...]
To the end of 2022, a number of entrepreneurs — some quoting Elon Musk — told me they planned to bring back personal work culture in the next year to foster productivity and, in some cases, loyalty. One founder even told me over drinks that they weren’t worried about losing [...]
The secondary companies market has been on the same rollercoaster ride as the broader VC market in recent years, but it looks poised to break free in 2023. Like venture capital as a whole, the secondary market was hot in 2021 with a ton of new entrants – does that [...]