People

Investment NSW innovation boss Liza Noonan departs government to run deep tech incubator Cicada Innovations

- October 21, 2025 2 MIN READ

Investment NSW director of innovation Liza Noonan is leaving the government to become Cicada Innovations CEO. Noonan replaces Sally-Ann Williams, who stepped down in mid-2025. Noonan will take the helm of the Sydney-based deep tech incubator on November 3. The move ends a 3.5-year stint in various roles inside the NSW government, during which Investment… Read more »

Michael Batko
Accelerator

Startmate launches AI, hardware, B2B & consumer accelerator streams

- October 20, 2025 2 MIN READ

Startmate is getting into the streaming business with the next evolution of its Accelerator program – dedicated Founder Streams. Streams is designed to deliver more focused, hands-on support for founders across key startup sectors. It also features Stream Leads, experienced founders who’ve lived the journey themselves, to guide startups through tailored 12-week programs focused on… Read more »

AI/Machine Learning

SXSW Sydney ends with AI optimism – from the company selling remedies to the pain they’re causing

- October 20, 2025 3 MIN READ

I’m personally pro-tech and use AI every day. I’m genuinely excited by progressive tools that expand what creators and businesses can do. But the pace of what’s happening — and how it’s being rolled out — has been eye-jarring: creators sidelined, copyright murky at best, implementation racing ahead of consent. Right now it feels like a land-grab: who can… Read more »

Rehan D'Almeida
Business

FinTech Australia says the government needs to include digital tech, including AI and cybersecurity, in its R&D Tax Incentive review

- October 20, 2025 2 MIN READ

FinTech Australia has warned that financial and other digital technologies risk being unintentionally excluded from future innovation funding unless explicitly recognised in the federal government’s current Strategic Examination of Research and Development (R&D). The fintech peak body argue its case in a submission to the R&D review’s expert panel, led by Tesla chair Robyn Denholm,… Read more »

Scott Farquhar
AI/Machine Learning

Why the Tech Council’s ‘digital embassies’ idea surrenders Australian control of AI and data-centres to global tech giants

- October 20, 2025 3 MIN READ

When Australian Prime Minister Anthony Albanese meets US President Donald Trump on Monday, the visit is expected to seal major big tech investment deals on artificial intelligence (AI) and data centres. In the lead-up, Atlassian cofounder Scott Farquhar (in his role as chair of the Tech Council of Australia) has been pitching a plan to… Read more »

Ron Conry and Sam Ringwaldt
Business

Cheque-in: 6 startups banked $13.4 million in funding this week

- October 17, 2025 4 MIN READ

After last week’s $211 million raised across six startups – that largely to Heidi Health’s $98m Seris B as well as details of Octopus Deploy’s 2024 $45.6m round emerging, mid October seems more normal, with six Australian companies collectively raising a collective $13.4m. The biggest raise came from GXE, which secured $3.3 million in Series… Read more »

Funding

Climate tech startup Good Heat raises $2 million to transform industrial energy

- October 17, 2025 2 MIN READ

A Sydney startup using batteries to replace gas for industrial heat, and cut business energy costs, has raised more than $2 million. Good Heat will deploy large-scale thermal energy storage (TES) systems powered by cheap renewable electricity to provide industrial heat at prices below gas. Plans for Australia’s largest heat battery development, for a significant… Read more »

AI/Machine Learning

Melbourne Uni spin-out PredicTx Health, an AI-powered oncology platform, raises $1.6 million pre-Seed

- October 17, 2025 2 MIN READ

PredicTx Health, a University of Melbourne spin-out that uses AI to personalise chemo dosing based on body composition analysis, has raised $1.6 million. The funding came from the University’s Genesis Pre-Seed Fund, a government grant and angel investment and will be used to commercialise a world-first AI-powered precision oncology platform. PredicTx was cofounded Professor Justin… Read more »

Events

Propeller Aero cofounder Rory San Miguel named the 2025 NSW Pearcey Entrepreneur of the Year

- October 17, 2025 2 MIN READ

Rory San Miguel, cofounder and CEO of drone-based site survey company Propeller Aero, has won the 2025 NSW Pearcey Entrepreneur of the Year Award. The Pearcey Foundation, a non-profit named in honour of Australian ICT industry pioneer Dr Trevor Pearcey, recognises leaders in information and communications technology. The Pearcey NSW Entrepreneur Award is presented to… Read more »

Firmus founders
AI/Machine Learning

Green-powered AI data centre plan goes national with $73.3 billion project across 4 Australian capitals

- October 16, 2025 2 MIN READ

Australian-founded AI infrastructure startup Firmus Technologies is heading to mainland Australia with a $73.3 billion plan in partnership with CDC Data Centres and Nvidia to build four more AI data centres in capital cities. The initial deal for Project Southgate – the plan to build an AI data centre in Tasmania – is worth $4.5 billion,… Read more »

Funding

Breakthrough Victoria hands out $150,000 fellowships to 3 academics to turn their ideas into startups

- October 16, 2025 2 MIN READ

Breakthrough Victoria has selected the first three recipients of its new Fellowship program, which hopes to turn academic research into startup reality. The $7.5 million, multi-year program offers each recipient $150,000 to kick off their entrepreneurial efforts, and Breakthrough Victoria is hoping it will result in around 50 startups commercialising research and IP. The trio… Read more »

AI/Machine Learning

Australia’s large language model, Matilda, joins the global AI race, as Maincode’s Dave Lemphers outlines his national ambitions

- October 16, 2025 3 MIN READ

By the time I slipped into the packed SXSW Sydney expo theatre, the crowd was already deep in discussion. On stage, Dave Lemphers, cofounder and CEO of Maincode, sat alongside Dr Catherine Ball, steering one of the most grounded, technical and groundbreaking conversations of the festival: the debut of Matilda, Australia’s national large language model.… Read more »