January has already been piping hot for startup funding, and this week is no different. Four ANZ startups raised more than $307 million across rockets, AI and engineering platforms. Here’s who: Gilmour Space: $217 million Gilmour Space Technologies has landed $217 million in a Series E funding round that lifts the Queensland-founded rocket maker’s valuation… Read more »
Sendle staff questioned the parcel delivery startup’s US expansion plan and high cash burn well ahead of its closure, suggesting the business faced existential challenges before its ill-fated merger. The Australian-born scaleup, which allowed small businesses to send parcels through partnerships with major courier networks, shocked customers last week by cancelling all upcoming pick-ups. The closure came… Read more »
We may only be a couple of weeks into January, but the Australian startup funding tap is already starting to trickle. This week saw $39.8 million raised across startups in deceased estate management and fitness spaces, as well as neuroscience. EstateXchange: $12.5 million EstateXchange co-founders Marielle Yeoh and Sarah Poole. Source: Supplied. A startup addressing… Read more »
As wall calendars are replaced and the fireworks smoke dissipates, our colleagues at SmartCompany put together an annual list of startups they’ll be paying close attention to in the year ahead. The 2026 list includes startups capturing carbon emissions in concrete, making life easier for parents with autistic children, launching rockets into space, and more.… Read more »
Business leaders would face fines of up to $40,000 for not listing their Director ID when required, and penalties of up to $20,000 for failing to provide updated email addresses, under draft legislation put forward by the federal government. The Treasury released an exposure draft for the Treasury Laws Amendment (Business Registries Stabilisation and Uplift)… Read more »
Getting the most out of AI tools like ChatGPT and Perplexity requires the right know-how and prompting skills. These founder tips are an excellent starting point. Large language models (LLMs) like ChatGPT, Claude, and DeepSeek are only becoming more prevalent in the workplace. But getting the most out of those artificial intelligence tools requires the right know-how and prompting… Read more »
Western Sydney could be an AI talent engine, but career literacy, transport and access still hold students back. And that’s bad for SMEs. Australia’s AI workforce ambitions are running into a familiar structural problem: access. As Amazon hosted its annual Girls’ Tech Day in Camden this week, Western Sydney University (WSU) and local government leaders… Read more »
The Victorian government’s plan to abolish LaunchVic has shaken beneficiaries of its Alice Anderson Fund, who fear upcoming women-led startups could lose out on important funding, significant business opportunities, and a powerful support network. In response to a major cost-cutting review of the public sector, the Allan government confirmed earlier this month that startup support… Read more »
Australia’s business pages in 2025 were on the spicier side, as controversies across retail, tech, consulting and policy certainly brought out the trust issues in the sector. Across the year, there were major data breaches, court actions over wage underpayments, startup failures, consumer safety interventions and the closure of long-running business support programs. Here’s a… Read more »
Despite the continued strained economic climate, we’ve seen some big chunks of change thrown around in 2025. While early-stage funding stayed constrained for much of the year, large cheques concentrated around a smaller group of companies certainly prevailed. In some cases, twice. These were some of the largest Australian startup raises of 2025, and the… Read more »
With 12 more sleeps to Christmas, Melbourne-born Airwallex wins the 2025 Australian capital raising stakes with a massive $498 million Series G that values the fintech at $12 billion. Meanwhile, cybersecurity startup Kasada and sole trader accounting platform Hnry also booked $30 million and $26 million raises, respectively. Keep reading to learn more about six… Read more »
Australia will not proceed with a permanent AI advisory board, after the federal government confirmed it has abandoned the plan despite growing pressure for stronger oversight of the technology. As reported by InnovationAus, recent answers to Senate estimates questions on notice show the Department of Industry, Science and Resources (DISR) will not establish the AI advisory… Read more »
OpenAI insists it is not running ads inside ChatGPT. However, after multiple paying users reported seeing what looked like promotions for Target and Peloton, the company has been forced to clarify what, exactly, is happening. Over the weekend, senior executives from OpenAI responded to screenshots posted on X by ChatGPT subscribers claiming they had seen… Read more »
This week saw more $24 million in VC funding go towards AI onboarding tools, seaweed tech and more. Keep reading to learn more about the six Australian startups with fresh capital to deploy. Bodd: $15 million 3D body scanning platform Bodd has raised $15 million as it looks to expand globally. The round was led… Read more »
This week’s funding round-up features a rewards platform for small businesses, a New Zealand agritech company that is tackling methane emissions, a medtech startup pioneering a non-invasive bladder-health treatment, and an edtech venture that is helping ease the admin burden for schools and educators. Keep reading to learn more about Pay.com.au, Ruminant Biotech, Australis Scientific… Read more »
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