Melbourne urban-data startup Neighbourlytics has raised $1.25 million in seed funding, led by Carol Schwartz’s Trawalla Group, as it gears up for growth to meet increasing demand. The round also included women-focused angel investor network Scale Investors, and venture capital firm Artesian.
Industry news updates August 2019
Urban-data startup Neighbourlytics secures $1.25 million in seed funding, with backing from property guru Carol Schwartz
“Ahead of the curve”: FluroSat bags $4.6 million, including from Microsoft, as market wakes up to agtech opportunity
Aussie agtech FluroSat has secured $4.6 million in funding from big-name backers, including Microsoft’s venture fund M12, as it looks to take its tech to a global audience. The funding also comes from Artesian and GRDC’s GrainInnovate Fund, the Artesian Clean Energy Fund, Costanoa Ventures…
Australia just got a new digital bank called 86 400 and its chair has a history of taking on the big end of town
A new set of digital banks are arriving in Australia to compete with the big four — NAB, ANZ, Westpac and the Commonwealth Bank — with a new one approved to operate on Thursday. 86 400 — named for the number of seconds in a day — has now been authorised to accept deposits, and promises to be in operation later this year.
Businesses will each have 35 AI projects underway by 2022, Gartner predicts
Organisations working with artificial intelligence and machine learning have an average of four projects underway, and plan to add 15 more within the next three years, according to a Gartner survey.
Deloitte snaps up Oracle specialist NeoData Australia
Deloitte is bolstering its Oracle prowess with the acquisition of information and data management consultant NeoData Australia for an undisclosed sum.
HealthEngine, medical booking app, facing multi-million-dollar fines for selling patient data
Australia’s biggest medical appointment booking app HealthEngine is facing multi-million-dollar penalties after an ABC investigation exposed its practice of funnelling patient information to law firms..
Domino’s says AI has improved pizza quality
Pizza retailer Domino’s claims a piece of scanning technology it first introduced in May has boosted the quality of its products.
ANZ, NAB tap into Google's Kelsey Hightower
‘Big 4’ banks ANZ and NAB are among large organisations to have held sessions with Kubernetes expert Kelsey Hightower as he visits Melbourne this week.