4 exciting Australian startups to watch in 2016

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2015 was a big year for Australian startups — the government decided it wanted an "ideas boom," announcing a A$1.1 billion (US$799 million) innovation fund, and Sydney-based software darling Atlassian went public in a big way.

Startup fever has hit Australia, and 2016 should be just as eventful. Here are 4 startups — some big, some up-and-coming — to keep an eye on in the new year.

1. Canva

It's been a bumper year for Sydney-based graphic design startup Canva. Founded in 2012 by Melanie Perkins, Cliff Obrecht and Cameron Adams, Canva this year claimed 5 million users who have created more than 35 million designs on the platform.

In October, the company secured a US$15 million (A$21 million) funding round from veteran investors such as Blackbird Ventures and Matrix Partners, but also, oddly enough, Hollywood stars Woody Harrelson and Owen Wilson.

The large figure, which followed previous healthy investment rounds, has kickstarted speculation about what Canva will do next, whether going public or looking to be acquired. Even if the founders choose to stick it out on their own, you can be sure 2016 will be a year of new milestones.

2. Zero Latency

Everyone's excited about virtual reality gaming, but no one's doing it like Zero Latency


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