Funding

7 Kiwi startups share NZ$17.5 million in grant funding

- September 30, 2024 2 MIN READ

Seven Kiwi startups spanning space, health and cleantech have scored NZ$17.5 million in government funding under the country’s Ārohia Trailblazer grants program.  The program, administered by the New Zealand government’s innovation agency, Callaghan Innovation, backs startups with global potential. Callaghan Innovation chief product officer Brett Calton said Astrix Astronautics, Basis NZ,  Emrod, Fabrum Solutions, Toku… Read more »

garry williams
Business

CapXcentric’s Warwick Donaldson teams up with Garry Williams to help deep tech founders land their raise

- September 30, 2024 2 MIN READ

Two Tractor Ventures OGs have teamed up to help deeptech founders with their funding plans. Warwick Donaldson’s CapXcentric has partnered with GROUP GROUP, the new specialist advisory and storytelling curation firm founded by Garry Williams. CapXcentric helps Australian technology startups access funding on the best terms, from the most appropriate investors. works with a range… Read more »

Quantum Brilliance, Andrew Horsley, Marcus Doherty, Mark Luo.
Quantum Computing

Germany backs Australian startup Quantum Brilliance to build a mobile quantum computer

- September 30, 2024 2 MIN READ

The German government has faith in Australia’s quantum sector to build the world’s first mobile mobile quantum computer, with the nation’s cybersecurity agency, Cyberagentur, awarding a record $58 million (€35 million) contract to Canberra startup Quantum Brilliance and two others. Quantum Brilliance (QB), founded in 2019, is the world’s leading developer of room-temperature miniaturised quantum… Read more »

Andrew Moore
Business

Cannon-Brookes-backed millennial super fund Spaceship snapped up by eToro in $80 million merger

- September 27, 2024 3 MIN READ

Global trading platform eToro is getting into the Australian superannuation business after acquiring the controversy-plagued investment app Spaceship Capital in a deal worth up to $80 million. The price is a blow to investors such as Airtree, which previously valued the fintech at more than $100 million. Investment in Spaceship has been opaque, but may… Read more »

Antler Australia

Antler Investor Memo Series: Balo is creating a 24/7 help desk for enterprise software users

- September 26, 2024 4 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »

Gadgets

Australians won’t get Apple Watch sleep apnoea alerts because they’ve not yet had the nod from regulators

- September 25, 2024 4 MIN READ

Apple customers in Australia are going without some key software features in their iPhones and Apple Watches after the company released its major operating system updates last week. Unlike in the United States and more than 150 other countries, Australian users who have updated their Apple Watch software are unable to use their devices’ sleep… Read more »

Christopher Strauch
Business

Dope idea: LinkedIn names medicinal cannabis platform Montu as its top Australian startup

- September 25, 2024 6 MIN READ

Jobs social network LinkedIn has released the 2024 LinkedIn Top Startups Australia list, naming medicinal cannabis telehealth firm Montu as its top company The list is compiled from trawling data on the platform four core areas: employee growth, jobseeker interest, and member engagement within the company and its employees, as well as how well these startups… Read more »

Eucalyptus
Business

Compound disinterest: telehealth brands creator Eucalyptus suspends $3,000 healthier blokes bootcamp to tackle ‘teething issues’

- September 24, 2024 3 MIN READ

VC-backed telehealth brands platform Eucalyptus has put its $3000 wellbeing optimisation program for men on ice until 2025 as its creators look to address issues from its initial trials and scale the concept. Compound launched earlier this year in beta mode, with a focus on “high-achieving, time-poor men who want more from their health”. The… Read more »

Niamh Mooney and Damian Png.
Funding

Visa application platform Matilda Migration moves in on $1 million pre-Seed round

- September 24, 2024 2 MIN READ

Migration process platform Matilda launches this week after raising $1 million in a pre-Seed round  The raise was led by AfterWork Ventures, with support from Victoria Denholm’s Wollemi Capital, Everywhere VC, Co-Ventures and Startmate. This funding is to accelerate the development of the Matilda platform. which aims to make migration more streamlined and stress-free. Cofounder… Read more »

Assaf Stizki and Ken Brand
Funding

Hospitality costs management platform Restoke raises $5.1 million Seed round for US plans

- September 24, 2024 2 MIN READ

A hospitality operations management platform used by cult frozen yogurt chain Yo-Chi has raised $5.1 million in Seed funding as it eyes off US expansion. Restoke.ai, founded in 2020, is the brainchild of former chef and restaurateur Assaf Stizki and machine learning specialist Ken Brand. The artificial intelligence-based management platform integrates with existing restaurant systems… Read more »

Josh Foreman
Fintech

Debt collection fintech InDebted banks $50 million Series C

- September 24, 2024 2 MIN READ

Consumer debt collection fintech InDebted has raised $50 million in a Series C that values the scaleup at more than $350 million The round was led by Airtree and supported by Australian Retirement Trust and new growth fund Premier Capital Partners. Existing shareholders Reinventure, Carthona and Perennial also chipped in. Indebted previously raised $22.5 million… Read more »