Just months after its valuation surpassed A$3 billion, Brisbane workplace learning platform Go1 has raced away with the 2023 Startup Daily Best in Tech Awards’ Scaleup of The Year award, presented by AWS Startups. Taking out one of the top trophies from the 2023 Startup Daily Best in Tech Awards gala event in Sydney, Go1… Read more »
Wollongong-based startup Hysata has been recognised for their ground-breaking mission to deliver the world’s most efficient and low-cost green hydrogen, scooping up the 2023 Startup Daily Best in Tech Awards‘ Startup of The Year award, supported by 1835i. The win comes hot on the heels of Hysata’s recent $23.9 million cash injection from the Australian… Read more »
Brisbane online training unicorn GO1 has won Scaleup of the Year, with Wollongong hydrogen electrolyser manufacturer Hysata winning Startup of the Year at the 2023 Startup Daily Best in Tech Awards. The winners across 10 categories were announced at a gala dinner before 180 people in Sydney on Wednesday night as founders, investors and tech… Read more »
There are few stores without an Afterpay logo displayed on the door, or that don’t offer Laybuy at their online checkout. And these schemes are particularly popular with younger consumers. But what price might these buyers be paying for the conveniences of buy now, pay later? Our new research investigated how young New Zealand adults… Read more »
Pioneering brewery management software start-up Abbl is recipient of unicorn status Scalapay’s inaugural $10,000 Scale Up Scholarship Quiet Australian fintech Scalapay has launched a new $10,000 scholarship program to support founders as they take their startup to the next level. The Wollongong-headquartered buy now pay later (BNPL) became a $1 billion+ valuation “unicorn” in 2021 after… Read more »
Nourish Foods Pty Ltd, the parent company of organic children’s food brand Whole Kids, has been placed in voluntary administration, just months after it failed to raise $1 million via crowdfunding. The 18-year-old B Corp-certified family business is now being put on the market by administrators Tim Heesh and Mark Everingham of TPH Advisory after… Read more »
Small business invoice lender Waddle is getting new parents, with the Commonwealth Bank taking the fintech off Xero’s hands, three years after the ASX-listed accounting platform acquired the Sydney scaleup in an $80 million deal. Waddle, co-founded in 2014 by Simon Creighton and Nathan Andrews, makes it easier for banks and fintechs to lend to… Read more »
Venture capital alternative Lighter Capital has a $30 million war chest to lend to local startups thanks to support from the Victorian government and iPartners. The 13-year-old revenue-based Wall Street financier offers non-dilutive funding to founders in the US, Canada and Australia. Invest Victoria tipped $10 million into the $30 million fund, supported by New York… Read more »
Catalysr, the startup incubator dedicated to supporting high-performing migrant and refugee entrepreneurs, is on the hunt for 25 “migrapreneurs” to take part in its 2023 Accelerate Program. Applications close this Wednesday, September 6, with the free, three-month program running from September 17 to early December. Since 2016, Catalysr has supported and mentored more than 900… Read more »
Regulation of Australia’s cryptocurrency sector remains a distant possibility, despite a catastrophic 12 months for the industry, after a government-dominated committee preferred to kick the can further down the road rather than embrace a private senator’s bill on the issue from opposition senator Andrew Bragg. The Senate Economics Legislative Committee, chaired by Labor’s Jess Walsh,… Read more »
Law firm, Lander & Rogers has partnered with Monash University to launch the first artificial intelligence (AI) clinical placement program. We were a team of five law students embedded in the firm as “AI investigative agents” in a program overseen by Courtney Blackman from the firm’s iHub innovation function, Stan Chua from the technology team;… Read more »
Three decades after John Candy delivered the prophetic line “It’s not so much the heat, it’s the humidity that’ll kill you”, as comedy gold, iron ore miner Dr Andrew Forrest has turned the old idiom into a dire warning about climate change in a speech to business leaders. Candy said it as coach of the… Read more »
Canva’s $39 billion valuation has been given the tick of approval by the government financial watchdog, the Australian Prudential Regulation Authority (APRA), in a sign that investors have been getting it right when backing private tech companies. The regulator ran its ruler over Canva, which celebrated the 10th anniversary of its launch last week, as… Read more »
Today marks an important milestone in the history of the internet: Google’s 25th birthday. With billions of search queries submitted each day, it’s difficult to remember how we ever lived without the search engine. What was it about Google that led it to revolutionise information access? And will artificial intelligence (AI) make it obsolete, or… Read more »
Melbourne-based proptech Listing Loop has closed the first tranche of its Series A, securing $2.1 million. Cofounder and CEO Rhett Dallwitz said the startup has more than 75% of its commitments and will finalise the balance of $500,000 over the coming weeks. “With a 174% YoY revenue growth, our company is at pivotal stage of… Read more »
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