Business

$9.5 million, 4 cities and 7 years later, Kiki’s London launch has generated $18,700 in revenue since July

- November 25, 2025 5 MIN READ

Four months after entering the UK market, controversial short-term subletting startup Kiki is following a familiar pattern as it finds its footing in London. Manual processes powered by Instagram, limited revenue, parties, and growing costs (including visa sponsorship for newly hired staff) are already defining Kiki’s local operations. Meanwhile, the startup is publicly projecting confidence… Read more »

Accelerator

Team Techstars Sydney: Check out Crystal aOS – creating a crypto compliant world

- November 25, 2025 3 MIN READ

Ahead of the TechStars Sydney ‘Demo the Future’ on December 8, Startup Daily is profiling the 12 startups and their founders in the 2025 cohort. Our next profile is Crystal aOS – setting up the future for crypto compliance. Crystal aOS Founder: Joni Pirovich One-liner: Crystal aOS is the governance, risk and compliance management system… Read more »

AI/Machine Learning

The Macquarie Dictionary’s Word of the Year is ‘AI Slop’ – and the Collins went with ‘vibe coding’

- November 25, 2025 4 MIN READ

AI slop is Macquarie Dictionary’s Word of the Year for 2025. It also won the people’s choice vote. The dictionary defines the word as “low-quality content created by generative AI [artificial intelligence], often containing errors, and not requested by the user”. I’ve spent the last year researching the solicitous, duplicitous and ubiquitous generative AI –… Read more »

Business

South Asian Australian founders are a $1.6 billion startup powerhouse

- November 24, 2025 2 MIN READ

South Asian Australian founders have raised at least $1.6 billion in investment through to 2025, in fields as varied as artificial intelligence, mental healthcare, and sustainability, according to a new report celebrating the local startup sector. The figure demonstrates the growing influence of South Asian founders, says Sandeep Varma, whose SAARI Collective published a list… Read more »

GetSwift
ASX

Canadian authorities ban GetSwift’s disgraced founders, Bane Hunter and Joel Macdonald, for life

- November 24, 2025 6 MIN READ

Failed logistics startup GetSwift’s cofounders, Bane Hunter and Joel Macdonald, have been banned from being company directors in Canada for life. The bans come four years after the pair moved to North America as their ASX-listed business disintegrated amid legal action and relisted in British Columbia. The BC Securities Commission (BCSC) last month placed permanent… Read more »

Business

Decade-old food redistribution startup Yume is up for sale after hitting liquidation

- November 24, 2025 3 MIN READ

Food redistribution platform Yume Food has been placed in liquidation, with the 10-year-old social impact startup and its assets being put on the market. Founder Katy Barfield and the Yume board handed the keys to Teneo Financial Advisory Australia as Liquidators on November 18. Yume’s digital trading platform generates additional revenue for food manufacturers by… Read more »

Eric Gao
Funding

A $60 million tech fund is backing startups speeding up housing construction

- November 24, 2025 2 MIN READ

A $60 million investment fund backing construction tech to tackle housing development in Australia has been launched by Boman Group. The fund, in partnership with JPCX, the investment arm of logistics and building supplies company JPC, has already completed its first investment in an Australian modular housing company to help it scale. Boman Group founder… Read more »

Business strategy

Startup 360: Kiki’s NYC red card, CSIRO cuts, finding your next startup in your current one

- November 21, 2025 2 MIN READ

Alex Miller was having rapid success with his subscription management platform Hudled when he spotted a nugget of insight in that startup and launched a second, Rechargly. Like a Marvel movie spinoff, he’s now enjoying even more success, as Alex explains on episode 39 of Startup 360. Listen here Cohosts Simon Thomsen and Majella Campbell… Read more »

Accelerator

Tech accelerator Founders Factory is backing WA startups helping people living with diseases like MS, MND and Parkinson’s

- November 21, 2025 2 MIN READ

Tech accelerator Founders Factory is launching a third startup program in Western Australia after forging a partnership with local multiple sclerosis non-profit, MSWA. The $1.75 million joint venture will fund and scale startups building technologies to help people living with neurological conditions such as MS, stroke, Parkinson’s disease, Huntington’s disease, motor neuron disease (MND) and… Read more »

Life hacks

Research reveals how much money you really need to be happy

- November 21, 2025 4 MIN READ

Over the next decade, Elon Musk could become the world’s first trillionaire. The Tesla board recently proposed a US$1 trillion (A$1.5 trillion) compensation plan, if Musk can meet a series of ambitious growth targets. Australia’s corporate pay packets aren’t quite on that scale. Yet even here, it was recently reported departing Virgin chief executive Jayne… Read more »

AI/Machine Learning

Specialist doctors double down on AI medtech Medow Health’s $3 million follow-on round

- November 21, 2025 2 MIN READ

Sydney startup Medow Health AI, which is using artificial intelligence (AI) to automate medical reports for specialist doctors has raised $3 million in new funding from the clinicians who backed its first raise earlier this year. Medow Health was cofounded by Joel Freiberg, who has Crohn’s disease, and his brother Josh, inspired by the time… Read more »