Three years of hard work at Fintech Australia has paid off for general manager Rehan D’Almeida, who has been promoted to CEO amid a changing of the guard at board level. Sarah Gorman has been elected as the industry advocacy group’s new chair, with Simone Joyce, who has relocated to the US to ramp up… Read more »
Deep tech incubator Cicada Innovations is on the hunt for the nation’s 23 most promising deep tech ventures, to showcase their world-changing innovations at the country’s largest deep tech conference, Cicada x Tech23. Applications are now open for the next three weeks April 12. Founders keen to take part and present at the event are asked to explain… Read more »
The first Pride Pitch Night dedicated to LGBTIQA+ founders in the Southern Hemisphere was a fantastic celebration of diversity, inclusion, and innovation, showcasing the untapped potential within Sydney’s LGBTIQA+ entrepreneurial community with an estimated 75% of LGBTIQA+ founders not comfortable disclosing their identity. This is concerning not just for LGBTIQA+ entrepreneurs seeking funding but for… Read more »
A five-month legal showdown between three tech titans has kicked off in Australia, with Fortnite-maker Epic Game’s case against Apple and Google to have potentially huge ramifications for how we use our smartphones. Epic’s legal battle with Apple and Google began in Federal Court in Melbourne on Monday, centred on the dominance of the tech giant’s app… Read more »
Fintech Citro has launched a rewards program for Australians around retirement age, offering savings from more than 200 retailers. AMP-backed Citro launched in 2023 and already has more than 75,000 members on its platform. They receive tailored content and insights to help them take control of their finances as they approach and manage their retirement.… Read more »
Casual workforce management platform Deputy is claiming unicorn status – a $1 billion-plus valuation – more than 15 years after it was founded, following a A$37 million buy in from a US strategic partner. But the Sydney-based scaleup is reluctant to talk about it, along with its investors. Deputy’s PR firm sent out a media release… Read more »
Perth telehealth and medicine delivery startup Hola Health has raised $4.5 million in a pre-Series A. The round was led by M8 Ventures, marking a return to investing for partners Alan Jones and Emily Rich, four years after they put the fund on ice as Covid hit. The raise also included follow-on capital from FundWA… Read more »
What do a former prime minister, a bioengineered protein, a $15 billion investment fund and a boat hull cleaning robot have in common? They’ll all be part of the Climate Investor Forum in Melbourne tomorrow. Held at the MCG on March 20, Climate Investor Forum will bring together the climate investor ecosystem covering the complete… Read more »
Bree Kirkham has joined Tracey Warren’s F5 Collective, a fund established to close the gender funding gap and support female founders, as chief commercial officer. Kirkham joins F5 Collective having most recently been a general partner at Flying Fox Ventures. She has more than eight years of experience in investments, operational leadership, and international expansion.… Read more »
In the East coast bubble, it’s easy to forget that Australia’s economy is in large part powered by heavy industry and of course, agriculture. Recently, the technology and agriculture sectors collided at the evokeAG conference in Perth, organised by Agrifutures Australia. Within a theme of Exceptional Edge, Agrifutures Chair Cathy McGowan highlighted the importance of connecting, building communities… Read more »
Regional NSW startup Cauldron has raised in $9.5 million (US$6.25m) in Series A for its fermentation technology, which hopes to transform how new foods and fibres are developed. The round was led by existing US investor Horizons Ventures, supported by CSIRO-backed Main Sequence, which also backed last year’s Seed round, as well as new supporters… Read more »
CSIRO-backed venture capital fund Main Sequence has added another woman to its ranks with Startup Daily contributor Dr Elaine Stead joining the deep tech investor as principal. Stead is the founder of Human VC, where she managed the South Australian Venture Capital Fund and cofounder of Brisbane fund Tribe Global Ventures. She was previously the… Read more »
The allure of San Francisco as startup mecca is a long-held dream for entrepreneurs with global ambitions, but increasingly Singapore is where Australian founders are heading to find their stride and make it all come true. Xylo Systems CEO and cofounder Camille Goldstone-Henry certainly found that to be the case. Goldstone-Henry, a Australian Women’s Weekly Women… Read more »
The public listing of Canva will most likely happen in 2026 and won’t be on the ASX because Australia is a small market, according to the design software’s cofounder Cliff Obrecht. The husband of CEO and cofounder Melanie Perkins, named the 10th richest person in Australia, alongside his wife, with a combined wealth of $10.92 billion,… Read more »
ASX-listed voice data company Dubber is borrowing $5 million in bridging finance from existing investor Alex Waislitz to solve a cash flow crisis after more than $26 million of the company’s funds went missing. Tiga Trading, a company associated with the Melbourne billionaire’s Thorney Investment Group, is stumping up the cash as a loan secured… Read more »
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