Carnegie continues Techboard run

28/10/2016 - 09:53

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Carnegie Wave Energy has topped Techboard’s startup ranking this fortnight, following the announcement of its acquisition of fellow cleantech Energy Made Clean (ranked second) for $13 million earlier this week.

Carnegie Wave Energy has topped Techboard’s startup ranking this fortnight, following the announcement of its acquisition of fellow cleantech Energy Made Clean (ranked second) for $13 million earlier this week.

The company had taken a 35 per cent strategic stake in its target earlier this year, and is now buying out the remaining 65 per cent through a combination of shares and cash.

Carnegie also secured a $3.69 million debt financing agreement last week. 

It received broad media coverage and saw improvements in its website ranking and time on site.

Property portal rent.com.au has ranked third, following a $5 million capital raising through a rights issue and placement.

ResApp Health, ranked sixth, won the Innovation Excellence Award at Tech 23, resulting in strong social media engagement scores.

BrainChip Holdings and ePAT Technologies complete the top five.

Both companies have completed RTOs this year, with ePAT entering its first day of trading on the ASX last week, and picking up two nominations from Techboard’s panel of experts.

Brainchip, which completed its listing earlier in the year, has this week raised a further $5.4 million in an over-subscribed capital raising.

With so many tech IPOs and RTOs of late there are few unlisted companies in this period’s top ten.

Along with Energy Made Clean the only other is AtlasTrend, ranked seventh.

The startup offers clients online access to proprietary investment insights and an easy way to invest in four exclusive global equities funds.

It announced completion of a $2.8 million seed round to grow its online investment platform, led by Alfred Street Investment Partners.

The fintech also saw strong social media engagement over the period.

Other unlisted startups among the top twenty this fortnight include Yabble and Prevyou, which were among half a dozen startups to complete the Vocus Upstart accelerator and pitch to investors at Spacecubed earlier this week.

Both companies picked up a nomination from the panel of experts. The Upstart cohort will be going on an inter-state roadshow next month.

Other noteworthy startup accomplishments and milestones this fortnight include media company TV2U announcing a deal with an Indonesian telecommunications company, Fastbrick Robotics‘ Mike Pivac ranking 47th in Business Insider‘s AU Tech 100, and Nuheara announcing a $5 million capital raising to fund production of its IQbuds. 

 

Our Epic Day in Facebook accelerator

Our Epic Day has been accepted into Facebook's FbStart app accelerator programme, under the Bootstrap Track. FbStart is a new initiative launched by Facebook, designed to help early stage mobile start-ups build, grow and monetize their apps.

Our Epic Day is mobile app developer DK-IDI’s first iOS app release. It offers a simple to use photo-slideshow maker app for capturing and curating photographs during an event or day out. On completion it instantly creates a slideshow with an appropriate sound-track to save or share on social media.

Acceptance on the FbStart Bootstrap Track brings a raft of benefits including up to $40,000 worth of services from program partners, and access to personal mentorship.

 

New app means you won’t get stuck

Stuck is jump-starting membership free roadside assistance with a new service which sends local pre-approved tyre, battery and automotive experts to the rescue when drivers get stuck. The app provides pay-as-you-go, on-demand roadside assistance services from a smartphone.

“We’re tearing up the old subscription-based annual-fee model that has been around for almost 100 years,” Stuck co-founder Greg Brown said.

“Over 4 million Australians get stuck on the side of the road each year without a roadside assistance cover. They either have to rely on friends and family, or Google, to find help.”

 

Tech Mpire to offer fraud prevention solution

Tech Mpire has announced the launch of a proprietary fraud prevention solution, TrafficGuard, to enhance its current quality-control capabilities. The listed marketing tech company has also entered into a strategic partnership with fraud specialist Forensiq, to complement and enhance TrafficGuard’s fraud prevention functionality. Forensiq is a US fraud detection platform developed to fight click, conversion and ad fraud.

“Partnering with Forensiq, gives our network access to best-in-class fraud detection that has been developed by specialists in the area, adding another layer of fraud defence,” according to
Tech Mpire’s managing director Luke Taylor.

 

Digital Matter launches IoT logger

Digital Matter has launched a new Internet-of-Things data-logger device with flexible communication options. The Flexi1 is an IoT data-logger that can interface with a range of sensors, inputs, outputs and GPS, and has been designed to be ultra-low power and run on a wide range of battery options or line power.

Digital Matter designs and manufactures GPS asset tracking and telematics devices and a software platform, as well as a number of Internet-of-Things sensors and gateways. 

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