Co-working startup space operator Tank Stream Labs is preparing to open a new premium office in Sydney’s Barangaroo later this year. Tank Stream Labs has pre-committed to 4,400 square metres across two levels in International Tower Three, part of Lendlease’s carbon neutral Barangaroo precinct. “It’s very exciting,” Tank Stream Labs CEO Bradley Delamere told Startup… Read more »
Investors kept their wallets shut once again in August with Australian startups receiving a combined $225 million worth of funding over 32 deals. That’s nearly half the amount of funding announced in August 2021 ($443 million), according to the Cut Through Venture newsletter, and is a sign of a continued investment slowdown coinciding with interest… Read more »
Local fabricator-less semiconductor company Morse Micro has pulled in $140 million in a series B funding round. The bulk of that investment has come from Japanese chipmaker MegaChips who fronted up $100 million for the Australian Wi-Fi innovator. Co-founder and CEO of Morse Micro, Michael De Nil said the partnership with MegaChips was serendipitous, that… Read more »
Deloitte Tech Fast 50 startup Evrima, which helps pharmaceutical companies run clinical trials for new drugs, has raised $3 million. The round was led by the Sydney arm of alternative investments firm Artesian, supported by BridgeLane Capital and Wavemaker Partners. It’s the first investment via Artesian’s new $100 million Female Leaders VC Fund, which is… Read more »
Design studio Pickle Inc, a startup launched by two brothers inspired by their own father’s challenges in dealing with the legal sector, has launched to help law firms become more accessible for everyone. Rich and Alex Brophy hail from Perth, although Rich is now based in Sydney. They collaborated from opposite sides of the continent… Read more »
Federal Industry and Science minister Ed Husic is hosting a series of roundtables this week with tech sector leaders to discuss their economic and employment challenges ahead of the Jobs and Skills Summit in September. The five roundtables this Wednesday to Friday cover the following themes: science and commercialisation (August 17) digital and tech skills… Read more »
Cryptocurrencies account for less than 1% of the investment portfolio of high-net worth (HNW) people in Asia-Pacific, despite considerable holdings in alternative assets. New figures from data and analytics company GlobalData found that alt investments account for 12% of the average HNW APAC investor’s portfolio, but after interest in crypto peaked in 2020, they offloaded… Read more »
RangeMe founder Nicky Jackson is no stranger to success in the US. In less than a decade, she’s taken her software platform from pivot idea into the world’s largest product discovery platforms with more than 250,000 suppliers and partnerships, with leading retailers like Walmart. As well as having a major US presence, RangeMe now operates in… Read more »
Premier local accelerator and investment program Startmate has backed a majority of startups founded by women for the first time in its history for the latest cohort. Seven of 12 Australian and New Zealand startups are helmed by a woman. Each one receives a $120,000 investment at a $1.5 million post-money valuation if its the… Read more »
Every week on the Startup Daily TV show, we talk to more than two dozen founders, CEOs, investors and experts about what’s happening in tech. Now you can catch the best of the show with the weekly podcast, SUDS. Each week on SUDS, host Simon Thomsen has a special guest join him to discuss the big news… Read more »
ACS has released the 2022 edition of ACS Australia’s Digital Pulse, the leading annual report on the state of the IT workforce and digital economy in Australia. The report this year focuses heavily on the issue of diversity in the IT industry as well as the critical demands for IT skills that are driving up wages… Read more »
FinTech Australia has appointed former federal government adviser Nick Kavass as its first Policy Lead. Kavass brings nearly a decade of experience across government agencies including The Commonwealth Treasury and ASIC to the role. He most recently served as a policy adviser for former Assistant Treasurer and Minister for Housing Michael Sukkar. The new role… Read more »
Four Australian tech scaleups: Finder, Secure Code Warrior, Omniscient and Eucalyptus, have been named among the Leading 100 ‘Emerging Giants’ in Asia Pacific in a new report from KPMG and HSBC. The Emerging Giants in Asia Pacific report examined new economy businesses across the APAC region with strong potential to impact the global business landscape over… Read more »
When Vxt Founder Luke Campbell is asked to describes his product in simple terms, those terms are: “People fu&*ing hate admin!” The startup is part of the Phase One incubator which aims to produce 10 Kiwi technology ‘unicorns’ (or: ‘Kiwicorns’) by 2026. The incubator addresses significant gaps inherent in more traditional programmes – including the… Read more »
From an Aussie unicorn with an award-winning culture that 97 per cent of its employees rate as ‘great’, to a rising fintech star building staff loyalty as its teams grow, we’re unpacking the secrets of employee engagement, company culture and talent retention with the best of the best. Startup Daily, in partnership with modern HR… Read more »
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