From scammers to students, scientists and smartarses, everyone’s had a crack at getting OpenAI’s new artificial intelligence chatbot, Chat GPT, to write things. Among them, Nick Cave fans have been asking it to write Cave-style songs. And the Australian-born, UK-based singer-songwriter and author apparently has been getting lots them from his fans. So many that… Read more »
Location technology startup GeoMoby has raised $3 million from multiple European investors to fund the further rollout of its technology to the mining industry. Some major investments by French companies and individuals delivered the bulk of the raise, with additional funds from existing local shareholders as well as a strategic partner Agreement Hub, alongside a… Read more »
‘Stupid money’ is out and smart investors are looking for opportunities in the Australian startup scene, say leading venture capital partners. Speaking at the Melbourne Startup Bootcamp at Bay City Labs yesterday, Skalata Ventures cofounder and CEO Rohan Workman called out the ridiculous funding rounds that had given startup founders unrealistic expectations. “It’s a great time… Read more »
Sydney startup Livewire, which brings gaming marketing to company promotions, has made several key hires in the wake of raising $4.7 million late last year. The 20-month-old gaming marketing company develops integrated gaming marketing solutions for advertising agencies and brands. Its clients include Uber Eats, streaming site Binge, Amazon Music UK, NBL League, and Warner… Read more »
The NSW government has launched a new $40 million fund to back bioscience startups. The Biosciences Fund (BioSF) comes just days after the state government announced $7 million quantum computing commercialisation fund, and backing for the Techstars accelerator program to set up at Tech Central in Sydney. Science, innovation and technology minister Alister Henskens said… Read more »
The two-day Melbourne Startup Bootcamp kicks off tomorrow with the in person event already sold out. However, other startup founders can tune in virtually for free to hear from industry leaders from Stripe, AWS Startups, the ASX, leading Australian tech startups, and venture capital firms. Bay City Labs, Stripe, AWS Startups, Cake Equity and Startup… Read more »
The US-founded global investment firm and accelerator program Techstars is setting up shop at Sydney’s Tech Central in a major boost for the local startup sector Techstars has invested in more than 3,000 early-stage startups over its 16-year existence and is one of the largest pre-seed investors in the world. In Sydney it will provide… Read more »
Annual startup and tech festival _SOUTHSTART, has revealed the first lineup for the annual event, this year with the theme Odyssey, in Adelaide, March 7-10. _SOUTHSTART Directors Craig Swann and Danielle Seymour have curated their sixth program together, saying it’s their most diverse list of speakers, as well as the broadest and most in-depth event… Read more »
From steam power and electricity to computers and the internet, technological advancements have always disrupted labor markets, pushing out some jobs while creating others. Artificial intelligence remains something of a misnomer – the smartest computer systems still don’t actually know anything – but the technology has reached an inflection point where it’s poised to affect… Read more »
Applications for a new $7 million Quantum Computing Commercialisation Fund launched by the NSW government are open for the next two weeks for applications. Grants of between $200,000 to $4 million are available for projects involving quantum computing hardware and/or software in NSW. The program is being run through the office of the NSW Chief… Read more »
2022 was a tough year for many, but in tough times our true characters are revealed. I was inspired by Ben Armstrong’s post to reflect on and celebrate the growth and collaborative nature of startup Aus/NZ, especially what I’ve seen last year. Australia is the lucky country, and our luck hasn’t run out. For the… Read more »
Sun Cable – considered to be the world’s biggest renewable energy export project – announced this week it had entered voluntary administration following “the absence of alignment” with shareholders. Sun Cable is expected to cost over A$30 billion. It proposes to build an enormous, 12,000 hectare solar farm in the Northern Territory, add an enormous… Read more »
Brisbane fintech Bloom Impact Investing has raised $525,000 in seed round co-led by Up bank cofounder Dom Pym, with the founders of Envato, Collis and Cyan Ta’eed, doubling down on the investment app. In a sign of the realigned times, the funding is less than Bloom’s $675,000 pre-seed raise in October 2021. That round was… Read more »
Sydney-based deep tech incubator Cicada Innovations has taken custodianship of the annual deep technology conference Tech23 from its founder, Rachel Slattery Tech23 launched 14 years ago, sharing Cicada’s focus on championing and supporting the deep tech startup sector. Slattery set out to create national community to support deep tech, connecting them with investors, advisers, government… Read more »
Queensland software startup Alii has raised $2.5 million in a self-described pre-Series A round that values the business at $10.25 million. The round was led by Brisbane private wealth fund Maranello Capital, which previously invested in the seed round in 2021. The subscription software platform straddles fintech, edtech and regtech to deal with accounts payments… Read more »
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