Co-founder of Australian tech darling Canva Cameron Adams and his wife Lisa Miller have pledged to donate at least half of their estimated $7 billion wealth to environmental causes. The pair have signed the Giving Pledge, a public commitment started by Bill and Melinda Gates and Warren Buffet that sees billionaires promise give a majority… Read more »
Veteran venture fund Uniseed has raised another $25 million from its exclusive institutional investment partner UniSuper to try and draw more startups from Aussie universities. Uniseed has been around 2000 and provides seed funding for early-stage research and technology startups to help commercialise technologies developed in Australia’s world-class research institutions. “We’re proud to have UniSuper’s… Read more »
Aussie restaurant table app EatClub has picked up an $18.2 million series A, led by Co:Act, as it expands into the UK. The app is way for restaurants to fill up empty tables by push time sensitive discounts for nearby diners to claim straight away. Venues pay for demand with a commission on bills generated,… Read more »
A pair of law tech founders have joined forces to launch the I Care About Conflict campaign to give victims of family violence free access to an AI-powered separation support platform this Family and Domestic Violence Prevention Month. Angela Harbinson (the Separation Guide) and Jenny Rudd (Dispute Buddy) are urging corporate Australia to put their… Read more »
Curious about what happens when innovation meets taboo? Melbourne will host Unconventional Startups: What Sextech Entrepreneurs Can Teach Us About Launching a Startup, an event aiming to highlight the innovative potential within the often-overlooked sextech industry. Held on 22 May at Collingwood Yards, the one-night-event will feature discussions on privacy, branding, global scaling, and investment… Read more »
UTS Startups is moving into the heart of Sydney’s Tech Central, offering discounted desks, vibrant founder community access, and new perks for UTS students and staff. Director Murray Hurps says it’s “the world’s best early-stage startup incubator.”
Welcome to Startup 360, this week with guest hosts AJ Koch and Claire Bull who put the microscope on medtech. While the action this week was in Melbourne for Digital Health Fest, we went under the hood of the medtech rollercoaster with two guests right at the coal face. From a funding point of view, you… Read more »
After a week of excited build up, Queensland’s Gilmour Space Technologies was forced to postpone its mission to send an Australian-made rocket into orbit this week – a feat that would have made history. Gilmour Space’s first launch window opened on Thursday but the rocket stayed silent at the Bowen Orbital Spaceport – about 200km… Read more »
Earth AI is celebrating the discovery of a rare indium mineralisation using the company’s unique exploration technology that it’s putting through its paces in rural NSW. “It’s incredibly exciting to find something as rare as indium,” said Earth AI CEO and founder Roman Teslyuk. “Armed with the new additions to our drill fleet and field… Read more »
Australian quantum computing startup Diraq is heading to Chicago, having signed an agreement to set up in the Illinois Quantum and Microelectronics Park (IQMP) where it will join the likes of PsiQuantum and other deep tech firms. Diraq was spun out of the University of New South Wales by CEO and founder Professor Andrew Dzurak.… Read more »
VC may be in a global funk, but Australia’s still stockpiling cash. New data show a 7 % jump in venture assets to A$17 b, strong AI deal growth, and younger founders dominating new‑business creation. There is hope this shows the local ecosystem has firepower and fresh blood even in a down market.
Business conditions slipped to their weakest level since the first COVID lockdown, according to NAB’s April survey. Profitability and capacity utilisation fell, capex cooled and retail prices jumped—fuel for speculation the Reserve Bank may cut rates next week if it judges the inflation pulse is fading.
A Queensland University of Technology (QUT) spinout is celebrating its $3.4 million seed round to help commercialise a novel way to limit the amount of methane cattle emit. Bovotica was founded by CEO Dr Andrew Leech and Professors Gene Tyson and Phil Pope from QUT’s Centre for Microbiome Research. The company’s built around a means… Read more »
Senator Tim Ayres has taken over the Industry and Science portfolios in Anthony Albanese’s second-term government after the Prime Minister announced his new-look ministry on Monday. “Last Saturday the Australian people voted for Labor and for Labor to keep building Australia’s future. And that is certainly what we intend to do in this, our second… Read more »
Billy Evans, the partner of convicted Theranos founder Elizabeth Holmes, is seeking to raise at least US$50 million for a new diagnostics startup called Haemanthus, which claims to offer a “radically new approach to health testing.” The company reportedly claims its prototype device can analyse small samples of blood, saliva, urine, or sweat for early… Read more »
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