Local tech titans are being given a platform for their achievements at the upcoming EY Entrepreneur Of The Year™ awards on October 15. The founders of Employment Hero, Tiimely, Pay.com.au and Orthocell will go head to head in the Technology category of one of the nation’s most prestigious business awards, EY Entrepreneur of The Year (EOY). Now… Read more »
Sydney legal practice collaboration and CRM platform Nexl has raised US$23 million (A$35m) in a Series B. The round was led by Dave Yuan’s US growth equity firm Tidemark Capital. Philipp Thurner, former head of innovation at Gilbert and Tobin, and now based in New York, founded Nexl in 2018, pivoting in 2021 to help law… Read more »
ASX-listed jobs platform Airtasker (ASX:ART) has cut a new media-for-equity deal with 4 Ventures, the VC arm of Channel Four Television, worth £2.5 million (A$5.1m). The media inventory deal for its British subsidiary, Airtasker UK, is the third as the business hit a gross marketplace volume annualised run rate (ARR) of more than $21 million… Read more »
A Sydney climate tech startup looking to electrify heavy freight supply chains has shown what’s possible in a demonstration trial with impact toilet paper brand Who Gives A Crap. New Energy Transport (NET), founded in 2024, by Daniel Bleakley and Scania’s former head of innovation, Fredrik Pehrsson, is a trucking company delivering zero-emission heavy road… Read more »
Enterprise software scaleup Octopus Deploy, which bootstrapped for 11 years, before a $220 million raise in 2021 took on $US30 million (A$45m) in fresh capital from its existing and only investor, New York VC Insight Partners, ahead of a major acquisition. The new funding was secured in 2024 before the Brisbane business spent $43 million… Read more »
ASX-listed defence technology company DroneShield will spend $13 million developing a new R&D facility in Adelaide, South Australia. The investment covers three years of operational and capital expenditure. DroneShield sells protection against threats such as drones and autonomous systems as well as electronic warfare solutions and off-the-shelf counter-measures for terrestrial, maritime or airborne drone attacks,… Read more »
Artwork created by generative AI (genAI) and other software could be eligible for copyright protection, after a seven-year legal battle ended with a Federal Court ruling that gaming giant Aristocrat can patent game features created by its software without human input. The latest ruling – which follows years of appeals and counter-appeals between Aristrocrat and… Read more »
Hilton Misso’s new book, How to Manifest Success, provides 50 proven lessons for turning ambition into achievement. In this exclusive extract below, he looks at why the multiples matter in business. People often ask how and why we were able to sell Trilby Misso Lawyers for such a high price. There were many reasons, but… Read more »
Balancing the merits of artificial intelligence with the risks it poses to workers and creatives is a debate which rages on, all while major US tech companies ramp up their public relations campaigns — warning of the emergence of “two-tier” economies without greater AI take-up. Amazon recently laid out its vision for a future Australia… Read more »
British risk management firm Ideagen has acquired WorkSafe Guardian, a smartphone safety app for lone workers. The terms of the deal were not disclosed, but the acquisition delivers an exit for South Australian VC Eastend Ventures just three years after investing in the decade-old Adelaide startup. WorkSafe Guardian was founded by Greg Lindner and Adam… Read more »
The new $5 billion Net Zero Fund, announced last week as part of the Federal government’s plan to meet a 61% -70% emissions reduction target, could be the most important lever Australia has to accelerate our transition to net zero. But unless it is designed to take risks and back first-of-a-kind climate innovations, we risk… Read more »
Brace for puns with week as Startup 360 talks to Saara Jamieson, founder of Cool Beans Underwear, about how her revolutionary way of taking care of man bits came about. Saara was a finalist in the Best New Founder category of Startup Daily Best in Tech awards (the winner was Rebecca Keeley from Yarn Speech),… Read more »
Fintech Zeller is taking its business banking platform to the UK in its first international expansion. The fast-growing Melbourne unicorn has appointed former ByteDance executive Lars Weber as UK country manager and is looking to put 40 pairs of boots on the ground there over the next three years, with team members already recruited from… Read more »
Last week Disney, Universal Pictures and Warner Bros Discovery jointly sued MiniMax, a Chinese artificial intelligence (AI) company, over alleged copyright infringement. The three Hollywood media giants allege MiniMax (which operates Hailuo AI and is reportedly valued at US$4 billion) engaged in mass copyright infringement of characters such as Darth Vader and Mickey Mouse by… Read more »
Cloud-based insurance software-as-a-service scaleup Javln has raised A$6 million for its Australian expansion. The round was led by boutique fund manager Microequities Asset Management and alongside crossing The Ditch, will be used for R&D and entry into other markets New Zealand entrepreneur Dale Smith founded Javln in 2011. It simplifies clients, policies, claims, and document management… Read more »
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