Eucalyptus
Business

Online health brands startup Eucalyptus picks the online meat off the bones of Jenny Craig collapse

- June 8, 2023 4 MIN READ

Online health brands company Eucalyptus is putting the $50 million it recently raised to use acquiring the online assets of the Australian Jenny Craig brand from its administrators as the rest of the weight loss business looks set to be liquidated. Voluntary administrators FTI Consulting were appointed on May 9, but a month on, have… Read more »

ULUU cofounders Michael Kingsbury and Michael Julia Reisser
Events

Here are the 23 startups chosen by Cicada Innovations for Tech23

- June 8, 2023 5 MIN READ

Deep tech incubator Cicada Innovations has chosen its first cohort of startup founders showcasing world-changing innovations at the annual deep technology conference Cicada x Tech23. Cicada became custodians of Tech23 last year, reviving Australia’s longest-running deep tech event to support Australian deep tech innovators The 23 ventures were chosen from more than 130 applications nationally… Read more »

Tom Cruise Minority Report
Politics

The Australian government is going to force Big Tech to scan your photos and emails for illegal things

- June 7, 2023 3 MIN READ

Tech giants will be forced to scan Australians’ emails, online photo libraries, cloud storage accounts and dating sites for illegal content or face fines of nearly $700,000 per day, the eSafety Commissioner has said after rejecting two proposed industry codes as inadequate. Developed by key service providers and delivered to eSafety in February for review, the problematic… Read more »

Events

SPARK REIGNITED: Australia’s largest startup event, Spark Festival, refreshes after director departs

- June 5, 2023 3 MIN READ

The annual Spark Festival, the largest national event for Australia’s startup community, is the latest victim of a reduced funding for the sector, with the director departing and the board looking to refresh the event to present later this year. Festival director Maxine Sherrin left the organisation on Friday after nearly seven years, having successfully… Read more »

Murray Hurps
Events

Startup Muster is making a comeback – and wants to know what questions you want answered

- June 5, 2023 2 MIN READ

One of the most important roadmaps to Australia’s startup sector is set to return after a five-year hiatus, with Startup Muster once again looking to take the pulse of the local ecosystem. UTS Startups director of entrepreneurship Murray Hurps, a driving force behind Startup Muster between 2014 and 208, has enlisted Adam Spencer, producer of… Read more »

OneVentures principal Dr Jeannie Joughin
Funding

OneVentures backs cancer biotech ImmVirX in $25 million Series B

- June 5, 2023 2 MIN READ

Sydney VC OneVentures has pledged $15 million as a cornerstone investment towards a $25 million Series B raise for life sciences startup ImmVirX. The biotech startup is developing cancer treatments using oncolytic viral immunotherapies (viruses that infect and destroy cancer cells without damaging normal cells). The remaining $10 million in the Series offered to existing… Read more »

Ed Husic
AI/Machine Learning

The Australian government wants feedback on regulating artificial intelligence and its risks

- June 2, 2023 2 MIN READ

The federal government is seeking feedback on mitigating any potential risks from the use of artificial intelligence technologies (AI) and how to build a safe framework for its use amid growing global concerns that seeing machine learning as potentially an existential threat to humanity. Science and industry minister Ed Husic released two discussion papers on… Read more »

Cass O'Connor
People

Veteran tech director Cass O’Connor to chair Airtasker as investor James Spenceley steps down to focus on humanitarian work

- June 2, 2023 2 MIN READ

ASX-listed jobs marketplace Airtasker will have its first female board leader with Cass O’Connor stepping into the chair role next month as James Spenceley departs after eight years. Spenceley, the founder of telco Vocus, is a prolific VC investor and North Sydney councillor and more recently founded humanitarian organisation Aus Ukraine Aid, was a seed… Read more »

Cultiv8 Funds Management partners Jonathon Quigley and Malcolm Nutt
Ag tech

Agtech accelerator Sparklabs Cultiv8 is backing 10 cleantech startups in a new program

- June 2, 2023 3 MIN READ

Agri-food tech accelerator SparkLabs Cultiv8 is turning its attention to cleantech startups in a new program to fund and develop them. The SparkLabs Cultiv8 CleanTech Accelerator has selected 10 startups for its initial cohort backed by Malcolm Nutt and Jonathon Quigley’s VC fund Cultiv8 Funds Management. Since its launch in 2017, the SparkLabs accelerator program… Read more »