Summary
In this week's episode of The Startup Retro, hosts, Will & Gemma delve into Canva's acquisition of Leonardo AI and feature an interview with Elli Hanson from Side Stage, one of Leonardo's investors. The hosts also discuss the South Australian Venture Capital Fund and the state government's independent report on its effectiveness and uncover the secret termination of the federal government's Boosting Female Founders (BFF) grant program. And to wrap up Gemma & Will highlight the latest startup raises, including Monty Compost, an industrial composting tool, and Slice, a bootstrapped fintech in the travel industry.
Time Stamps
00:00 Introduction and Welcome
00:28 Canva Acquires Leonardo AI
05:02 South Australian Venture Capital Fund Report
09:00 Boosting Female Founders Program Termination
15:37 Weekly Startup Raises
28:31 KaaS Recommendations
Links
To get all the links to the stories we mentioned in this episode, you can read this week’s Overnight Success newsletter. https://newsletter.overnightsuccess.vc/p/aussie-startup-vc-summary-3rd-august-2024
Headlines
Startup Raises
Monty Compost
Founder: Ashley Baxter
Monty Compost, an organic waste recycling/composting IoT device with analytics software, has secured $1M from Skalata and Antler (QIC).
Slice
Founders: Yannick Darmalingam and Farouk Ismail
Slice, a Sydney-based fintech, has raised $7.5M in Seed funding from Peak XV Partners (formerly Sequoia Capital India & SEA) and a $10M debt facility from Roadnight Capital.
KaaS - Knowledge as a Service
Gemma’s Pick 💁🏻♀️
Podcast: The Journal - "Alexa is in millions of homes and Amazon is losing billions"
Will’s Pick 💁🏻♂️
Blog: The Big Guide to Fusion by Ben James
Send feedback to the hosts
Sponsors
Thanks to our sponsors for helping to make this episode of The Startup Retro possible.
Rippling
Are you a founder overwhelmed by HR, payroll, onboarding, and IT tasks? Simplify with Rippling: an all-in-one platform for your global workforce.
Get 3 Months Free
Teamified
Build a top-notch team fast with Teamified. Teamified offers fractional CTOs, contractors, and remote team members from the Philippines, India, or Sri Lanka. Cut hiring times by 50%.
Get started
The Day One Network
The Startup Retro is part of Day One, the podcast network dedicated to founders, operators & investors.
For broader updates on the Day One network, including news about other shows and network-wide updates, sign up for the Day One Newsletter. We are dedicated to creating content that helps Australian founders succeed. https://dayone.fm/newsletter
Sponsor the show
Want to become a sponsor? Send us an email.
Follow Day One on the socials
Mentioned in this episode:
Rippling – Startup Retro – June 2024
Teamified – Startup Retro – June 2024
This podcast uses the following third-party services for analysis:
Spotify Ad Analytics - https://www.spotify.com/us/legal/ad-analytics-privacy-policy/
