Aussie tech pushes into China, Taiwan despite geopolitical risks

News Snapshot:

Matrak sells software that tracks materials through construction supply chains and recently banked $2.9 million in fresh capital, bringing the total raised to $12.6 million and maintaining a valuation of just under $40 million. It established its new Shanghai office after months of work to ensure it could work on the other side of China’s “great firewall”, which restricts access to sites such as Facebook and Google in the country. While Matrak hopes the boost in exports will help the start-up break even this year, China’s companies exporting their overcapacity has prompted a wave of concern across Western markets. Policy-makers...