It’s been a hectic 12 months for AI-based workflow automation platform Relevance AI, winner of Startup of the Year at the Startup Daily Best in Tech Awards 2025. The award, sponsored by Vanta, recognises an all-round outstanding early-stage startup that has demonstrated strong growth and leadership in creating a new way of doing business and… Read more »
Video game publisher Electronic Arts (EA), one of the biggest video game companies in the world behind games such as The Sims and Battlefield, has been sold to a consortium of buyers for US$55 billion (about A$83 billion). It is potentially the largest-ever buyout funded by private equity firms. Not AI, nor mining or banking,… Read more »
Major pacts with Europe and the US set Australia’s space industry on course for expansion, with IAC 2025 showcasing the moment Australia and the European Union will sign cooperation agreements to cooperate on future space missions and extra-terrestrial business opportunities. The agreement between the Australian and European Space Agencies would offer businesses and researchers greater… Read more »
Embattled bank ANZ has shut down its venture capital arm, 1835i, just three weeks after cashing in its chips in Airwallex – US$44 million ($A67m) stake sold to the fintech’s founders and executives. The writing was on the wall for the business, which still had 10 companies in its portfolio, when ANZ, under new CEO… Read more »
Amazon Web Services CEO, Matt Garman, said recently that using AI to replace junior workers is “the dumbest thing I’ve ever heard.” He’s right. And the fact that some executives are even considering it, is a symptom of a much larger problem: CEOs are letting the wrong people drive their AI transformations. Why junior roles… Read more »
Do you know what is lazier than a Gen Z worker? The conversation about them! The assumption that young professionals are lazy, entitled and only willing to clock in remotely isn’t just doing a whole generation a massive disservice, it’s drastically undermining their contribution to society and the startup ecosystem. Since the pandemic, a caricature… Read more »
NRMA Insurance has unveiled Help Fund, a multimillion-dollar program for climate resilience, announcing five $100,000 innovation grants to FloodMapp, GeoNadir, DNA Energy, Rainstick and VALAI, alongside leadership training and upcoming community-led projects.
Liftwomen the female-focused crowdfunding platform, has raised $1.3 million as it looks to expand into Asia. The raise was led by Singapore VC Braxton Capital Ventures with support from former Alibaba Australia boss Maggie Zhou and former AXA chair Asia Gordon Watson. The cash injection is earmarked to Asian expansion, especially Hong Kong and China,… Read more »
ustralian energy tech startup Amber has banked A$10m from E.ON Next and Virescent Ventures to license its home battery and EV automation to utilities overseas
Brisbane VC TEN13 has won its first institutional mandate under QIC’s $130 million Queensland VCDF and immediately co-led a $2.5 million seed for preventive MRI startup OneMRI, as new data shows Queensland startup funding jumped 37 percent in FY25 to $417 million.
Australia has launched the Australasian Space Innovation Institute to cut foreign reliance and speed up space commercialisation. A new not-for-profit space organisation has launched at the International Astronautical Congress in Sydney. The Australasian Space Innovation Institute (ASII) aims to speed up the use of industry research, strengthen Australia’s own space capability, and deliver tangible benefits… Read more »
Indi, an AI-powered co-pilot app helping parents of children with complex care needs, has raised $1.46 million. The round was led by Giant Leap and supported by Antler, along with several strategic angel investors. The capital will be spent on talent to accelerate platform development and expand partnerships with allied health clinics and families. Indi… Read more »
A Brisbane startup hoping to unleash the unrealised productivity gains of workplace artificial intelligence has raised $2.3 million in pre-Seed funding to help people refine ideas and inspiration using AI. The round for Enhance Labs was led by Blackbird Ventures with support from QIC Ventures. Enhance was cofounded by former Amazon engineer Haziq Nordin, former… Read more »
New Zealand fintech Wych has raised NZ $1.5 million (A$1.32m) to accelerate open banking delivery in New Zealand and Australia . The round was New Zealand FinTech Fund (NZFF) with participation from the NZX-listed Booster Innovation Fund (BIF) and other strategic investors. Wych provides secure, real-time financial information and data exchange to power the next generation… Read more »
Asseti, an AI-enabled infrastructure data analytics platform that’s transforming how commercial property is monitored and managed, was named Scaleup of The Year at the Startup Daily Best in Tech Awards 2025. The Sydney-based proptech platform took out one of the top awards of the night for its innovative solution for optimising building and facility management.… Read more »
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