A healthcare startup that simulates real life patient conversations to help doctors and nurses communicate better has raised $1.5 million in Seed funding. The round in SimConverse was led by Folklore Ventures, with support from Artesian. SimConverse was founded by Aiden Roberts and Will Pamment after they met at uni, studying medicine. They has set out… Read more »
Every chance it gets, OneVentures touts its credentials as “Australia’s first female-founded VC firm” with cofounder Dr Michelle Deaker as its public face. She’s one of two female founders, alongside Anne-Marie Birkill and Paul Kelly. Last year the business added Sarah Meibusch to the leadership team as Partner. But the faces the Sydney VC chose… Read more »
The five largest tech giants may be using ‘dark patterns’ to prevent consumers from adopting online services from competitors, the ACCC has warned as it solicits feedback on a new issues paper exploring the companies’ entrance into a diverse range of markets. Recent years have seen Amazon, Apple, Facebook parent company Meta, Microsoft, and Google… Read more »
Digital property investment platform PropHero has appointed Sophie Hayek to the newly created role of CEO Australia. She joined the company in September 2022 as global chief operating officer. The proptech startup helps people find, purchase, and manage investment properties in Australia and Europe as a “next gen” buyer’s agent. Hayek said they want to… Read more »
A New Zealand medtech startup that’s developed a world’s first wireless brain monitor to remotely manage chronic illness has raised NZ$6 million (A$5.6m) to take the device to clinical trials. Kitea Health spun out of the University of Auckland Bioengineering Institute after developing the implantable long-term brain pressure sensor, which could save the healthcare system… Read more »
ASX-listed accounting platform Xero is the latest tech company to put a scythe through its workforce, cutting up to 800 roles globally to improve its bottom line. The New Zealand software company’s cuts come a day after Nasdaq-listed Atlassian announced it was cutting 500 positions. Xero (ASX: XRO) employs around 5000 people, meaning around 15%… Read more »
In my first few months working in deep-tech venture capital, I found and spoke to more than 50 founders building ‘AI’ companies. From climate to workflow to healthcare to transports and logistics to aged care, I canvassed the AI startup space in Australia, meeting incredible founders and gaining useful insight about the Australian AI ecosystem.… Read more »
Startmate-backed marketing startup Brandcrush has been acquired by NASDAQ-listed media firm Criteo five years after it launched. The deal also delivers an exit for Rampersand, Luxury Escapes founder Adam Schwab, and other investors including Nicky Jackson, Jane Martino and Sean Taylor. Brandcrush was launched in 2018 by former Tribe sales director Matthew Hurle, and marketing… Read more »
Gender equity continues to be a significant problem in business globally. We all know the story: the gender pay gap is a persistent issue and female-dominated industries tend to be lower paid. Female representation in senior leadership and board positions remains low in many countries, particularly in Aotearoa New Zealand. Women comprise only 28.5% of… Read more »
Sydney business payments fintech Till Payments has raised $70 million in a Series D, having shed 40% of its staff earlier this year. The company cut 120 staff at the start of 2023 amid a 5-month hunt for capital ahead of plans to list on the US NASDAQ later this year. “Despite our significant successes,… Read more »
While it’s important to celebrate women today, International Women’s Day also presents an opportunity to highlight how we can do better to prevent ongoing inequality and injustices that still exist for women and non-binary people within tech. ‘New tech’, like AI, robotics and VR, are the fastest growing industries in Australia, yet women are significantly… Read more »
The Australian Business Growth Fund (ABGF) has anointed former Afterpay chair Elana Rubin to lead its board. Rubin, a former AustralianSuper chair, currently chairs the Victorian Managed Insurance Agency and is a non-executive director at Dexus, Telstra, and Slater & Gordon. She takes on the chair role of ABGF from former NSW premier Mike Baird.… Read more »
Tasmanian accounting software startup Sumday has raised raised $2 million in a pre-Seed round as it looks to expand globally. The raise was backed by VC funds Blackbird and Possible Ventures, as well as Canva cofounder Cameron Adams and Lisa Miller, CEO of Wedgetail Ventures. Sumday gives accountants and bookkeepers the ability deliver non-financial accounting… Read more »
Australian delivery platform, Zoom2u has launched a new SaaS marketplace, Drivers2u, to help businesses tackle deliveries. The delivery service by the ASX-listed software company aims to bridge the gap between customers and drivers. Local businesses and restaurants can match with delivery provider for free through Drivers2u. The platform allows businesses and customers to post a… Read more »
Queensland rocket company Gilmour Space has signed a Memorandum of Understanding (MoU) with US-based Atomos Space to provide in-space transportation and launch aggregation services. The deal comes as Gilmour prepares for the launch of its first home-grown rocket from it Bowen Orbital Spaceport in northern Queensland Atomos offers in-space transportation services, while Gold Coast-based Gilmour, which… Read more »
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