After three long years, evokeAG finally returned, bringing the Australian agri-food tech industry together. We loved meeting and reconnecting with friends and collaborators over the past few engaging, thought-provoking, and exhausting (in the best way possible) days. evokeAG also provided an opportunity to reflect on what we, as an industry, have collectively achieved so far,… Read more »
The federal government is further stepping up its efforts to improve Australia’s protection against increasing cyber threats, with Prime Minister Anthony Albanese on Monday announcing the establishment of a Coordinator for Cyber Security. The aim is to “ensure a centrally coordinated approach” to the government’s cyber security responsibilities. This would include coordinating and “triaging” action… Read more »
Generative AI is having a moment. ChatGPT and art generators such as DALL-E 2, Stable Diffusion, and Midjourney have proven their potential, and now millions are wracking their brains over how to get their outputs to look something like the vision in their head. This is the goal of prompt engineering: the skill of crafting… Read more »
Smart HR software company, BrightHR has reached a milestone in Australia. Since its launch, the scale-up tech platform has helped more 20,000 local Australian businesses navigate HR-related challenges and grow. BrightHR CEO David Price said they’re not focused on adding to that figure. “I can see us helping 30,000 clients and beyond in the next… Read more »
NFT gaming startup Immutable, has cut its staffing for a second time in six months, shedding another 11% of its team. Another 32 roles will go, on top of 20 positions cut in July last year, less than a year after the Sydney startup burst to prominence as fast-growing tech unicorn. In March last year… Read more »
The Victorian government is offering $1.3 million in new funding to the agtech startup sector through LaunchVic. The funding including $1 million under the AgTech Grants Program, which will offer individual grant funding of $50,000 to 20 emerging agtech startups. The program is a partnership between Agriculture Victoria and the state’s startup agency LaunchVic. On top… Read more »
We believe in our quantum ecosystem and its role in Australia’s economic prosperity and national security. Australia has long had an outsized impact on quantum research. The people who have had their training in quantum in Australia are now in leadership roles in research, industry and government here and around the world. When it comes… Read more »
Why do Uber, Lyft, Didi, OLA, and other ride-sharing companies want to partner with public transport agencies? For Uber and Lyft, the reason is simple: their business plans were based on eventually using driverless vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t be replaced for some time.… Read more »
Australia’s biggest venture capital fund, Blackbird Ventures, is the favourite among startup founders according to a new ranking charting how “founder friendly” VCs are. Like the Hottest 100, Eurovision and GOAT rankings in every sport, the list is bound to spark controversy for the notable absences of some leading names in the top 25, while… Read more »
Investor appetite for agriculture startup Our Cow has seen the butcher subscription startup raise nearly $1.5 million from more than 750 investors in the first 24 hours of its Birchal crowdfunding campaign. Farmers Bianca Tarrant and Dave McGiveron launched Our Cow in Northern NSW in 2019 after nearly losing their farm in droughts and then the… Read more »
Chronicle is transforming how presentations are made It replaces slidedecks, saving hours of preparation The startup raised $7.5m led by Accel & Square Peg The plaform is currently in beta mode Presentation platform Chronicle has raised $7.5 million from angel investors working for some of the biggest names in tech. The raise was led by Accel… Read more »
At Main Sequence, we back early-stage founders who are creating the future with cutting-edge science & frontier technologies. But beyond having a focus on deep tech, there are a range of capabilities that set us apart when compared to generalist investors. Here are a few unique things that deep tech investors can bring to the… Read more »
The warm light of friendship, intimacy and romantic love illuminates the best aspects of being human – while also casting a deep shadow of possible heartbreak. But what happens when it’s not a human bringing on the heartache, but an AI-powered app? That’s a question a great many users of the Replika AI are crying about this… Read more »
Payments software scale-up DataMesh Group has raised $30 million in a Series A. The round was led by NAB Ventures, with new investors including Deutsche Bank, ANZ’s VC arm, 1835i Ventures, Wunala Capital, Fifth Estate and Peregrine Corporation. NAB Ventures previously backed DataMesh in late 2021 in a $12 million pre-Series A raise. The Sydney… Read more »
The University of Sydney will spend $7.4 million to expand its quantum technology facilities for the Future Qubit Foundry at the Sydney Nanoscience Hub. Deputy Vice-Chancellor (Research) Professor Emma Johnston said the foundry will be a leading national facility for the invention of technology behind quantum computers “The Future Qubit Foundry will leverage the University… Read more »
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