Pioneering food delivery service Menulog is being killed off at the end of the month by its European owners after nearly 20 years, most likely a victim of the rapid local expansion of rival Uber Eats. The business was founded in Sydney by Dan Katz, Leon Kamenev and Kevin Sherman in 2006. A decade later,… Read more »
“Has Melbourne lost its spark”? In the tech world, the debate between Sydney and Melbourne often mirrors the more light-hearted rivalry about which city serves the best coffee. But when it comes to tech ecosystems, the stakes are much higher. The perception that a startup scene is “dead” can be deflating for early-stage founders. Of… Read more »
The Victorian government’s flagship tech investment fund, Breakthrough Victoria, ended up in the red for a second year in a row after just four years in operation. The fund, which cut costs while ramping up investment, and increasing returns on cash deposits, posted a $5.7 million loss, according to its 2025 annual report, attributing it… Read more »
Australia is “not on track” to meet the federal government’s goal of 1.2 million technology‑related jobs by 2030, according to new economic data from its Department of Industry, Science and Resources (DISR). The target, which was set by industry lobby group Tech Council of Australia and adopted by the federal government in 2022, would no longer… Read more »
Sydney venture fund EVP’s Federal Court battle to recover $10.4 million it invested in StrongRoom AI just weeks before it was placed in administration will potentially have new revelations next week when the company’s failure is examined in court by its liquidator. The legal action, begun in March this year, when EVP successfully applied to… Read more »
Institutional investors may have been keen for a slice of Carma’s IPO, which raised $70 million at $2.70 a share, but retail investors weren’t as keen to get behind the wheel when the four-year-old digital car retailer made its ASX debut on Wednesday, with falling up to 10% on their opening day of trade, and… Read more »
David Fairfull, the cofounder and former CEO of failed marketing startup Metigy has pleaded guilty to two charges in a prosecution brought by the Australian Securities and Investments Commission (ASIC). A year after first appearing in Federal Court in the ASIC case, and facing five counts of making false and misleading statements, plus one count… Read more »
Form-building startup Paperform has launched an artificial intelligence (AI) platform, called Stepper, to help small businesspeople automate workflows. Paperform, which founders Dean and Diony McPherson bootstrapped for the past decade, now has more than 23,000 subscription users globally. Stepper is the next logical step: automation for business people to scale without adding complexity or cost, Dean,… Read more »
ASX-listed tech investment & advisory firm Scalare Partners has launched an AI-powered startup services platform, called The Founders Union. The AI-enabled matching engine offers founders with curated access to organisations providing education, community, services, perks, and investment options, based on a startup’s growth stage and needs, taking into account issues such as budget and availability,… Read more »
Australian design unicorn Canva has unveiled its biggest product overhaul in its 12 years, as part of what it is calling its ‘Creative Operating System’. The blockbuster new system features Canva’s own large language model trained specifically for design, and permanently free access to the Affinity professional design tool, and new features to help you… Read more »
New Zealand voice-based 360 feedback platform, Huckleberry, has raised NZ$2.1 million ($1.84m) in pre-Seed funding. The round was led by US VC Oregon Venture Fund, with support from Archangel Ventures, plus US and NZ founders, including Mineral CEO Nathan Christensen, TradeMe’s Rowan Simpson and M-Com’s Serge Van Dam. Huckleberry enables people to talk rather than… Read more »
In the startup world, we’re conditioned to worship at the altar of data. We’re told to build cases based on data before we build products, to chase quantifiable metrics, and to present spreadsheets that prove a market exists. But what happens when you discover a problem so fundamental that no one has been able to… Read more »
The NSW Government’s Investment Delivery Authority (IDA) has received 48 major investment proposals worth $136 billion in just 10 weeks since it opened the first round of expressions of interest. Treasurer Daniel Mookhey announced IDA in the June budget, setting aside $17.7 million to get it up and running to “cut through red tape” and… Read more »
When Chelsea McCallum and Alison Williams launched Tummily, they weren’t just creating another wellness platform. They were redesigning how people experience – and take ownership of – their gut health. Within 24 hours of launch, Tummily had broken into Apple’s Top 100 Medical Apps, downloaded in over 40 countries. No massive ad campaign. No investor… Read more »
Officials from corporate regulator the Australian Securities and Investments Commission (ASIC) and Australian Federal Police officers raided the headquarters of ASX-listed WiseTech Global on Monday over concerns about share sales by founder Richard White and three others. WiseTech (ASX: WTC) shares fell more than 16% to around $71 in opening trade on Tuesday morning after… Read more »
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