LaunchVic is once again looking for Victorian startups with the potential to reach unicorn status – worth more than $1 billion – as part of the 30X30 program in 2025. 30×30 has expanded into a fourth cohort to include another 10 startups in the executive leadership program, which helps develop and mentor scaleup founders and… Read more »
Startup advisory and investment business Scalare Partners is back in the hunt for $8 million to list on the ASX, after the Australian Securities and Investment Commission (ASIC) lifted its interim stop orders on the prospectus for a reverse takeover of confectionery maker Candy Club Holdings (ASX: CLB). Last week the corporate regulator intervened today… Read more »
Smartphones are now even smarter thanks to Sydney artificial intelligence (AI) startup Curious Thing AI and its phone agent Lucy. People still make plenty of calls and in business they’re especially important, but the way we communicate and get messages to each other is constantly evolving. That’s where Curious Thing AI comes in, and Lucy,… Read more »
The second annual 2024 Startup Daily Best in Tech awards saw nearly 300 people in the Australia startup ecosystem come together and celebrate at Sydney’s Ivy Ballroom earlier this month. The night, presented by AWS Startups, honoured 60 amazing finalists and 16 epic winners, from Startup of the Year Fortiro to Scaleup of the Year… Read more »
Estate management platform Willed has raised $3 million in a fresh round that sees Seven West Media join the cap table as the startup looks to ramp up its marketing. Seven’s (ASX:SWM) strategic investment through its venture arm also includes an option for a further $3m, as the startup uses the media platform to increase its… Read more »
Goterra and Agili8 are two very different startups solving vastly difference problems. But they’re both brilliant ideas, which is why they were named the first joint winners in the 2024 Startup Daily Best in Tech Awards as Most Innovative Startup. Goterra has developed a closed-loop modular robotics system that transforms food waste into high-value, low-impact… Read more »
For Caitlin Tanaka, founder of Youth In Motion, being named the Future Leader of the Year in the 2024 Startup Daily Best in Tech Awards is already as life-changing as the impact her startup gives to students in regional NSW to succeed at school. As she explained on LinkedIn following the recognition: “Three months ago,… Read more »
Cash management fintech Primary has raised $3.5 million in Seed funding to help small business puts its capital to better use. The round was round led by Carthona Capital, supported by local funds Macdoch Ventures, Archangel, AfterWork Ventures, and Ari Klinger’s No Brand, as well as Singapore’s Resolution Ventures. Carthona partner Damian Fox will join… Read more »
Gold Coast startup Heatseeker has raised $1.3 million in an ongoing pre-Seed round, topped up by $200,000 from the state government’s investment fund, Advance Queensland. The Gold Coast startup was cofounded in 2023 by former Silicon Valley entrepreneur Kate O’Keeffe and former Naked Ambition CEO Fiona Triaca. Their AI platform help companies conduct quick, easy,… Read more »
A Melbourne healthcare platform focused on managing NDIS services has topped up the $12.6 million Seed round it raised six months ago with an additional $20 million. Kismet previously banked US$8.2 million (A$12.6m) in its initial Seed round in March, with new reports that Singapore’s MassMutual Ventures has joined its share registry with the additional… Read more »
Having a femtech startup called Femtek is too generic for Australia’s intellectual property tsars, so founder Olivia Orchowski has turned to Norse mythology for inspiration, rebranding as Kyri. In true Australia fashion, it’s a shortening of Valkyrie, the warrior women sent to choose who, among the fallen in battle, would enter Vahalla, Norse heaven. Orchowski… Read more »
The Australian Securities and Investment Commission (ASIC) has intervened on plans for a back door ASX listing by tech accelerator and investor Scalare Partners, concerned that the proposal doesn’t comply with disclosure laws. Scalare announced back in May that it would go public in a reverse takeover of confectionery maker Candy Club Holdings (ASX: CLB).… Read more »
Four Australian artificial intelligence-based startups will feature among 80 globally in the second AWS Global Generative AI Accelerator program. Contact Harald, Marqo, Relevance AI, and Splash Music were selected for the program and score up to US$1 million each in AWS credits, mentorship, and education to accelerate AI innovation with AWS. They’ll also get the chance… Read more »
Quantum sensors startup QuantX Labs has bagged a $2.7 million deal with the Australian government for optical atomic clocks for the Australian Defence Force (ADF). Two contracts will enable partners in the defence pact AUKUS between Australia, the US and UK, to develop position navigation and timing (PNT) capabilities in precision navigation and timing in… Read more »
The fight for venture capital in Australia isn’t just between local startups – they’re also increasingly competing with international founders for investor attention according to a new report from Asialink Business and the Tech Council of Australia (TCA). The Building the Australia-Asia Tech Corridor report explores the vital connections between Australia’s and Asia’s tech ecosystems… Read more »
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