Ocean Impact, Tim Silverwood, Nick Chiarelli
Climate Tech

Applications are now open for the 2023 Ocean Impact Accelerator Program

- February 8, 2023 2 MIN READ

Australian environmental startup accelerator and investor Ocean Impact Organisation  (OIO) is again running its six-month accelerator program for startups working on solutions to transform ocean health. The not-for-profit seeks 10 “game-changing” startups working on sustainability solutions. Startups focusing on ocean-related issues can apply here.  The Ocean Impact Accelerator Program (OIAP) is an initiative that helps… Read more »

Fabrum Fabrum founders Hugh Reynolds, Christopher Boyle, and Dr Ojas Mahapatra
Funding

Andrew Forrest backs Kiwi hydrogen tech startup Fabrum in NZ$23 million Series A

- February 8, 2023 2 MIN READ

New Zealand liquid hydrogen tech company Fabrum has raised NZ$23 million (A$21m) in a Series A The round was led by London VC AP Ventures, with participation from Dr Andrew Forrest’s Fortescue Future Industries, Japan’s Obayashi Corporation and New Zealand VC K1W1. The Christchurch-based venture, founded in 2004, is considered a world leader in industrialised… Read more »

AI/Machine Learning

Generative AI is about to become a $23 trillion industry – and that’s not counting its dark side of scams, deepfakes and romance bots

- February 7, 2023 4 MIN READ

The generative AI industry will be worth about A$22 trillion by 2030, according to the CSIRO. These systems – of which ChatGPT is currently the best known – can write essays and code, generate music and artwork, and have entire conversations. But what happens when they’re turned to illegal uses? Last week, the streaming community… Read more »

Mys Tyler, Sarah Neill
Other tech

Fashion tech platform Mys Tyler launches ‘Brands for your Body’ to help women find clothes that fit

- February 7, 2023 2 MIN READ

Mys Tyler, the platform designed to empower women to discover algorithmically-tailored fashion for their body type, has launched a new Contributor Hub and site, to connect women, creators and clothing brands globally. Originally launched in 2020, Mys Tyler’s algorithm has been used by more than 300,000 women used to discover like-bodied creators and body-relevant fashion… Read more »

road kill, wombat
ASX

ASX-listed BNPL Openpay handed to receivers just a week after ‘record’ results after failing to secure working capital

- February 6, 2023 3 MIN READ

ASX-listed Buy-now-pay-later (BNPL) fintech Openpay has been placed in the hands of receivers after it failed to bank working capital from its key funder. The payments platform has been shut down, effectively sealing the company’s fate. The collapse comes a week after the company’s quarterly results on January 31, which flagged delays in receiving the… Read more »

23Strands Genome sequencing
Other tech

Healthtech startup 23Strands is taking genomics mainstream to transform medicine

- February 6, 2023 2 MIN READ

Biotech startup 23Strands is planning to take genomics into mainstream healthcare through its cutting-edge research and innovations in bioinformatics, scientific literature analysis, and clinical insights based on whole genome sequencing (WGS). A human body contains around 3 billion pairs of genes. But the function of every gene is still not known. Genome sequencing links genes… Read more »

Trent Innes
People

Hotels platform SiteMinder signs up former Xero boss Trent Innes as chief growth officer

- February 6, 2023 2 MIN READ

Hotels tech venture, SiteMinder, has appointed former Xero managing director, Trent Innes, as Chief Growth Officer (CGO) and ex Apple executive, Tim Howard, as the Chief Financial Officer (CFO).  SiteMinder is an open hotel commerce platform, enabling hotels and lodging operators to market, sell, manage and expand their operations. The tech venture provides a complete… Read more »

big tech layoff
People

Big tech layoffs free up talent for Australia

- February 3, 2023 3 MIN READ

Sudden mass layoffs at the biggest technology companies on Earth could be an opportunity for Australian organisations to fill long-standing gaps in their workforces. More than 70,000 employees have been sacked from tech giants in the past year as companies such as Google, Microsoft, and Meta – which saw enormous growth during the pandemic – are now winding back their staffing… Read more »

Atlassian, Mike Cannon-Brookes, Scott Farquhar.
Business

Atlassian shares plunge after another quarterly loss

- February 3, 2023 3 MIN READ

Nasdaq-listed Australian software giant Atlassian has seen its shares fall more than 10% in after hours trade following the release of its December quarter results, which posted a US$99.2 million loss. The loss compares to a rare profit of $23 million 12 months earlier. Now in its 21st year of operations, Atlassian has yet to… Read more »