A new impact fund for Indigenous startups has raised $15 million, taking it halfway to a $30 million target to back Aboriginal and TSI entrepreneurs. First Australians Capital (FAC), is an Indigenous-led organisation focused on business advisory services coupled with a social impact fund for Indigenous businesses. Since 2016, FAC has supported more than 700… Read more »
Non-alcoholic cocktail company Naked Life comfortably landed its $3 million raise on equity crowdfunding site Birchal that finished on Thursday night. In the final 12 hours of the campaign, around 130 investors tipped the last $450,000 into Naked Life which easily walked away with what it sought from the funding drive. Founder and managing director… Read more »
Australia’s newest biotech incubator, Jumar Bioincubator, is seeking expressions of interest from early-stage biotech to be part of the Melbourne-based program. The $30 million incubator will connect early-stage and scaling biotech ventures with state-of-the-art facilities, infrastructure, and support to turn ideas into treatments and commercialise medical research. Jumar is a mountaineering technique where climbers receive… Read more »
The potential for refugees to help solve the nation’s skills shortages will be explored at the Techfugees round table on the evening of Tuesday, June 20 being held at ACS’ Sydney Hub. As part of World Refugee Day, speakers will be discussing how acknowledging the existing skills of refugees and harnessing the talents of the… Read more »
If you’ve written a will – and if you haven’t, you may want to consider it – you’ve almost certainly thought about what you would like to happen to your assets, like property, after you pass away. But have you also considered getting your digital affairs in order? As our lives become increasingly digitised, most… Read more »
Agri-food tech accelerator SparkLabs Cultiv8 is turning its attention to cleantech startups in a new program to fund and develop them. The SparkLabs Cultiv8 CleanTech Accelerator has selected 10 startups for its initial cohort backed by Malcolm Nutt and Jonathon Quigley’s VC fund Cultiv8 Funds Management. Since its launch in 2017, the SparkLabs accelerator program… Read more »
A New Zealand entrepreneur who developed virtual reality software to treat anxiety and phobias is heading to Australia as part of a bid to source additional funding to help further enhance his product. oVRcome founder Adam Hutchinson, from Christchurch, will pitch to investors at the Digital Health Festival in Melbourne starting June 6. Funding will… Read more »
Deakin University’s Centre for AI and the Future of Business is holding its third annual AI Festival in Melbourne next week on June 1-2. The 2023 theme ‘Co-creating value with AI’ will bring together more than 150 business leaders, tech innovators, scholars, and policy makers, including 25 expert presenters. A series of panel sessions will… Read more »
Sydney coworking community and service provider Tank Stream Labs has opened a new CBD office for dedicated to social impact companies, with support from ASX-listed jobs marketplace Airtasker. The partnership means Tank Stream Labs can offer even more affordable office space to social impact companies making a positive impact in their communities, environment, and other… Read more »
FinTech Australia has updated and relaunched one of its key resources for the fintech industry: the interactive ecosystem map it first released in February last year. The sector’s peak body is also calling for local fintechs to check and update their business details on the map to ensure that they fully capitalise off the resource.… Read more »
Danielle Morton, the Founder of agtech startup Zondii, is no stranger to doing things differently. “As a regional female founder I knew I would be an outlier on the path to big city investment,” she said. In support of this sentiment, according to research done by SBE Australia and Deloitte Access Economics she was fortunate 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 »
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 »
Entrenched and gendered attitudes in Australian workplaces are leading women women to abandon careers in science, technology, engineering, and maths (STEM), as well as chasing away others from the options in the first place, according to a new report from the University of South Australia (UniSA). The South Australian Academy for Gender Equity in STEM… Read more »
Venture capital funding at the start of 2023 may not have been as bad as many thought according to new analysis from Perth-based investment data company Techboard. Releasing its March quarter Funded report this week, Techboard identified $1.01 billion in capital deployed across 111 deals. That figure is 50% higher than the $661 million across… Read more »
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