Startup Daily

Startup Daily has been inspiring, educating, and reporting on the Australian tech and startup community since 2012.

Mike Wishart
Climate Tech

Queensland renewables storage veteran charges up with $15 million raise after a decade bootstrapping

- March 10, 2025 2 MIN READ

A Queensland renewable energy tech company  has taken on its first external investment, banking $15 million in a round led by Ellerston Capital’s Industrial Growth Fund and Fifth Estate Asset Management. The raise for EcoJoule Energy, which provides solutions for managing renewable energy integration, will be used for international expansion, as well as a national… Read more »

Quantum Computing

Quantum Brilliance teams up with Pawsey Supercomputing for a cheaper hybrid quantum solution

- March 10, 2025 2 MIN READ

Quantum computing has reached another milestone with a breakthrough hybrid computing workflow developed by Quantum Brilliance and Pawsey Supercomputing Research Centre. The system integrates quantum processing with traditional high-performance computing (HPC), providing researchers and enterprises with a flexible and scalable way to explore real-world quantum applications. The milestone, led by Dr Pascal Elahi and Pawsey’s… Read more »

AI/Machine Learning

Martech startup Flowing Bee lands on $1.6 million pre-Seed

- March 5, 2025 2 MIN READ

Flowing Bee, the AI-powered behavioural insights platform for marketing strategy and execution, has raised $1.6 million in a pre-Seed round. The raise was led by Archangel Ventures, with participation from The University of Melbourne Genesis pre-seed Fund, Antler, LaunchVic’s Alice Anderson Fund, and M8 Ventures, plus strategic angel investors. The cash will be used to… Read more »

Heidi Health
AI/Machine Learning

GP administration startup Heidi Health tops up Series A with another $27 million

- March 4, 2025 2 MIN READ

AI-based doctor clinical notes taker Heidi Health has raised a further $26.8 million (US$16.6m) to top up its 18-month-old Series A. The follow-on investment was led by US VC Headline (formerly e.ventures and BV Capital), which sees Heidi as Australia’s next Canva or Atlassian supported by Local Globe, Anthology (Menlo Ventures and Anthropic) . Existing… Read more »

Business

Call centre software veteran Local Measure doubles valuation in $100 million sale to Zendesk

- February 25, 2025 2 MIN READ

A Sydney call centre startup is being acquired by US global services platform Zendesk for a reported $100 million. The deal for Local Measure comes 14 years after it was founded by CEO Jonathan Barouch. Zendesk CEO Tom Eggemeier said the acquisition accelerates his company’s expansion into larger, more complex service environments, enhances its AI… Read more »

Fee Barry
AI/Machine Learning

It’s the last chance for AI startups to enter Pitchapalooza, a pitch competition with a $200,000 prize

- February 24, 2025 2 MIN READ

Entries for a pitch competition offering a prize package worth more than $200,000, as well as $20,000 in perks for every artificial intelligence (AI) startup that enters close this week. Pitchapalooza, by the team behind Cut Through Venture and One Pitch, is searching for Australia’s best AI pitch. Entries close on Friday, February 28. The… Read more »

Business

Gilmour Space’s first rocket launch from Queensland is just weeks away

- February 24, 2025 2 MIN READ

Federal authorities have finally given the green light for Gold Coast rocket builder Gilmour Space Technologies to launch Eris, the first Australian-designed and built rocket for orbit. The space tech startup said the weeks after March 15 are the window for its inaugural flight.  The Civil Aviation Safety Authority (CASA) and Airservices Australia signed off on… Read more »

BNPL, Afterpay, Klarna
Business

ASIC is cracking down on buy now pay later fintechs and wants to know what everyone thinks

- February 24, 2025 2 MIN READ

Corporate and and financial services the Australian Securities and Investment Commission (ASIC) is seeking feedback on its new regulatory guidance for the buy now pay later (BNPL) sector New laws offering increased protections for consumer users of BNPL kick in from June 2025, treating BNPL as a credit product. That means BNPL providers will need… Read more »