It’s been a tough time for women in tech, both financially and emotionally, over the past 12 months. It’s been a well-documented struggle to attract venture funding, despite the oft-stated best intentions of VCs. On top of that, governments have withdrawn support, with the NSW government killing off a $10 million fund to back female… Read more »
Since announcing the close of their oversubscribed second fund at $77 million and expansion to Brisbane last week, Antler has now unveiled 12 of their latest investments. In line with Antler’s sector-agnostic focus to find the best possible founders in Australia, these 12 new startups span a broad range of industries including retail, sustainability, productivity,… Read more »
Design platform Canva has seen the company’s valuation soar by nearly a quarter to A$48.7 billion in the latest sale of its shares on the secondary market. The global business, which is heading to a public listing in the US next year, saw its valuation rise by US$6 billion (A$9.1bn) to hit US$32 billion with… Read more »
Energy sector digital twin startup Neara has raised $45 million in a Series C as international investors grab a slice of the AI-powered platform. The round was led by Swedish private equity firm EQT and Swiss infrastructure business Partners Group. Existing backers Square Peg, Skip Capital and Dutch VC Prosus Ventures also chipped in. Skip,… Read more »
Victorian startup NanoCube Health has been awarded $3 million in federal grant funding as part of a $7.3m plan to drive develop technology for early detection and treatment of pancreatic cancer. The medtech startup, which won last year’s SXSW Sydney pitch competition, sending cofounder Lisa Milani to Austin, Texas, to pitch at SXSW earlier this… Read more »
Alimetry revolutionises gut health diagnosis by integrating AI into its wearable device, raises US $18m to fuel next phase of growth New Zealand startup Alimetry has raised US$18 million (A$27m) in a Series A2 round to commercialise its wearable gut health monitoring device for the US market. The round was led by Kiwi VC GD1… Read more »
WiseTech Global’s billionaire former CEO Richard White may be on leave from the company he founded 30 years ago, but he’s keeping busy on the business front, increasing his stake in ASX-listed Vinyl Group via a deal involving another one of his investments, the music licensing startup Songtradr. White stepped down as WiseTech’s boss last… Read more »
Brisbane startup Earthodic has raised US$4 million (A$6m) in Seed funding as the climate tech packaging solution looks to make its mark in the US. The round was led by food systems focused California VC FTW Ventures, with support from Circulate Capital, the Queensland Investment Corporation (QIC), UniQuest Fund, Significant Capital Ventures, Branch Venture Group, RedStick… Read more »
A surf lifesaving robot, accessible beauty, a saliva-based hydration test and a way to green hydrogen from biomass are among 10 ideas to emerge Newcastle’s I2N Accelerator program in 2024. The I2N is an initiative from the University of Newcastle, supporting innovators and entrepreneurs by connecting them with what they call the 4Cs: community, customers,… Read more »
The 79 finalists in the 7th annual Pause Awards for 2024 have been announced and women are making their mark this year. Pause Awards founder and CEO George Hedon said the awards celebrate game-changing breakthroughs and entrepreneurial excellence in Australia, with categories such as Women in Business and On the Rise putting the spotlight on emerging… Read more »
Nominations are now open for the 2024 Teens in Business Awards, hosted by non-profit organisation Young Change Agents. The Awards, now in their 4th year, celebrate young entrepreneurs across Australia, recognising their innovation, resilience, and impact. There are also categories for entrepreneurial educators and mentors, acknowledging those who support youth in bringing their ideas to… Read more »
Victorian government-backed startup authority LaunchVic has two new grant rounds, worth up to $1.5 million, to support the local ecosystem through accelerator programs and investor education. Grants of up to $1.5 million are available for accelerator programs requiring ongoing funding to maintain their operations in the state, while a separate grant of up to $1… Read more »
The NSW government considering legalising the use of e-scooters on the state’s roads, provided riders where a helmet and are over 16. At the moment, e-scooters can be bought locally, but can’t be ridden on NSW streets. But a plan to legalise their use forms part of a new E-micromobility Action Plan released by the… Read more »
WiseTech founder Richard White has stepped down as CEO of WiseTech Global, resigned from its board and also as a director of industry lobby group the TechCouncil of Australia. The billionaire fell on his sword late on Thursday afternoon following a fortnight of media reports about his private life, including legal action, settled on Monday,… Read more »
Construction technology startup BuildPass has raised $7.5 million in a Seed round as it makes a move on the US market. The round was led by Sydney VC Carthona Capital , supported by Leigh Jasper’s Saniel Ventures, GitHub founder Tom Preston-Werner’s eponymous fund, Recursive Ventures, Horizon VC and Massive Tech Ventures. The new funds are… Read more »
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