Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
Startup founders need to think about how to integrate artificial intelligence (AI) into their business with care and attention to potential risks in order to attract investors, a leading VC says. But a fear of those risks and regulation shouldn’t cause a “paralysis moment” that stop innovation, says Lee Hickin, the AI technology policy lead… Read more »
Tech-focused coworking community Tank Stream Labs has launched an AI Hub powered by Microsoft at the Sydney Startup Hub Tank Stream Labs CEO Bradley Delamare said the AI Hub will be a dedicated community to founders, developers and startup/scale-up companies in the AI sector. “We are excited to introduce the Tank Stream Labs AI Hub… Read more »
FinTech Australia is launching a new event next month aimed at showcasing sustainability-focused fintech companies. FinTech for Net Zero is a panel discussion on fintech’s role in managing the challenge of climate change. It will be held at BDO’s office Sydney office at 1 Margaret St, in the CBD, from 4pm on Tuesday, March 12.… Read more »
The 10 startups in Startmate’s Summer24 accelerator cohort go a long way to addressing a key concern for the sector, with six of them featuring women founders, including two all-female teams. Support for female founders has been a sore point for the sector, despite recent improvements, such as VC funds pledging to report their investment… Read more »
Welcome to The Ask, Our new column on Startup Daily designed for founders looking for capital. It may be venture capital, crowdfunding or another path, and is designed to flag your startup to potential investors. If you’re on the hunt for cash, we’re happy to share the news with Australia’s startup community. This is your… Read more »
A jobs marketplace targeting Generation Z with AI-based matching has raised $7 million in its Seed round. Sydney-based Hatch was cofounded by The Iconic cofounder Adam Jacobs and Zip cofounder Chaz Heitner in 2018. The raise was led by Rampersand, with support from Alberts Impact Ventures, Aura Ventures, Jelix Ventures, and Investible, as well as existing… Read more »
Schools-focused digital skills e-learning platform in Grok Academy has appointed Martha McKeen to a new role as chief strategy officer. Grok Academy is a not-for-profit edtech charity focused on digital technologies education. CEO Dr James Curran said McKeen’s breadth of experience across education, technology, and cyber security portfolios at the Commonwealth Bank, including working with… Read more »
Sydney quantum startup Diraq has raised US$15 million (A$23m) in Series A-2. The round was led by Paris-based Quantonation, the world’s first VC fund dedicated to quantum technologies. Also investing were John Higgins Family Investments and the University of New South Wales. The A-2 raise tops up US$20 million, led by Allectus Capital, when it… Read more »
Apple Pay overtook Afterpay in average users last year to become the third most widely used digital payment service, according to the latest Roy Morgan Digital Payments Report. While Block-owned Afterpay saw its user base decline over the last six months Apple Pay has more than doubled its share of users in the Australian market over… Read more »
Fishburners and high-performance coach and speaker, Veronica Mason are collaborating to host an LGBTIQA+ Pride pitch night next Friday, February 16. ‘ The event is for queer founders, who will be paired with judges to pitch their business and will compete for a judge’s choice and a people’s choice award. Mason was inspired to create… Read more »
Global payments fintech Airwallex has signed a multi-year partnership deal with the McLaren Formula 1 team, joining the likes of Google Cloud, Chrome, Salesforce and Dell as backers of the recently refreshed F1 cars. McLaren’s 2024 challenger, the MCL38, will be revealed on February 14 ahead of the ahead of the season opener in Bahrain this… Read more »
Open banking facilitation startup Adatree has been acquired by Sydney small business payments provider Fat Zebra for an undisclosed sum. The Sydney regtech platform was the first early-stage startup approved to take part in Australia’s open banking system as Accredited Data Recipient (ADR) for the Consumer Data Right (CDR). Adatree helps fintechs gain access to… Read more »
Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
Sydney-based startup hub Tank Stream Labs has teamed up with recruitment firm The Nudge Group to make it easier for startups to find talent. The joint venture is hoping to create more affordable, tech-based solutions to finding the talent startups and scale-ups need. Tank Stream Labs CEO Bradley Delamare said that alongside an understanding, developed… Read more »
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