Startup advisory and investment business Scalare Partners is back in the hunt for $8 million to list on the ASX, after the Australian Securities and Investment Commission (ASIC) lifted its interim stop orders on the prospectus for a reverse takeover of confectionery maker Candy Club Holdings (ASX: CLB). Last week the corporate regulator intervened today… Read more »
Smartphones are now even smarter thanks to Sydney artificial intelligence (AI) startup Curious Thing AI and its phone agent Lucy. People still make plenty of calls and in business they’re especially important, but the way we communicate and get messages to each other is constantly evolving. That’s where Curious Thing AI comes in, and Lucy,… Read more »
The second annual 2024 Startup Daily Best in Tech awards saw nearly 300 people in the Australia startup ecosystem come together and celebrate at Sydney’s Ivy Ballroom earlier this month. The night, presented by AWS Startups, honoured 60 amazing finalists and 16 epic winners, from Startup of the Year Fortiro to Scaleup of the Year… Read more »
Estate management platform Willed has raised $3 million in a fresh round that sees Seven West Media join the cap table as the startup looks to ramp up its marketing. Seven’s (ASX:SWM) strategic investment through its venture arm also includes an option for a further $3m, as the startup uses the media platform to increase its… Read more »
A Sydney man has been arrested and charged as the alleged head of a global organised crime app, as police continue to make Australian arrests into the week. The 32-year-old man, Jay Je Yoon Jung, was arrested at his home in Narwee on Tuesday as part of a global takedown effort against encrypted communications network… Read more »
As Australia and other countries debate the merits of banning kids under 14 from social media, Meta has announced a significant “reimagining” of teenagers’ experience of Instagram. These new “Teen Accounts” will be set to private by default, have the maximum content and messaging restrictions possible, pause notifications at night, and add new ways for… Read more »
Goterra and Agili8 are two very different startups solving vastly difference problems. But they’re both brilliant ideas, which is why they were named the first joint winners in the 2024 Startup Daily Best in Tech Awards as Most Innovative Startup. Goterra has developed a closed-loop modular robotics system that transforms food waste into high-value, low-impact… Read more »
For Caitlin Tanaka, founder of Youth In Motion, being named the Future Leader of the Year in the 2024 Startup Daily Best in Tech Awards is already as life-changing as the impact her startup gives to students in regional NSW to succeed at school. As she explained on LinkedIn following the recognition: “Three months ago,… Read more »
Cash management fintech Primary has raised $3.5 million in Seed funding to help small business puts its capital to better use. The round was round led by Carthona Capital, supported by local funds Macdoch Ventures, Archangel, AfterWork Ventures, and Ari Klinger’s No Brand, as well as Singapore’s Resolution Ventures. Carthona partner Damian Fox will join… Read more »
The Commonwealth Bank (CBA) will test a generative AI-based chatbot that could replace its call centre staff as part of Australia’s largest financial institution’s expanded use of AI technology. On Tuesday, CBA announced it would become the first Australian company to use Amazon Web Services’ (AWS) P5s, which are based on Nvidia computer chips supporting… Read more »
A Melbourne healthcare platform focused on managing NDIS services has topped up the $12.6 million Seed round it raised six months ago with an additional $20 million. Kismet previously banked US$8.2 million (A$12.6m) in its initial Seed round in March, with new reports that Singapore’s MassMutual Ventures has joined its share registry with the additional… Read more »
Proptech Build Buddy, a platform that allows users to design, approve and build their new home, will head to Silicon Valley next month as the Australian flag bearer in the Global Startup World Cup. Build Buddy is revolutionising the home building industry with easy-to-use platform that explain what you need to do, when and how, without… Read more »
Having a femtech startup called Femtek is too generic for Australia’s intellectual property tsars, so founder Olivia Orchowski has turned to Norse mythology for inspiration, rebranding as Kyri. In true Australia fashion, it’s a shortening of Valkyrie, the warrior women sent to choose who, among the fallen in battle, would enter Vahalla, Norse heaven. Orchowski… Read more »
The Australian Securities and Investment Commission (ASIC) has intervened on plans for a back door ASX listing by tech accelerator and investor Scalare Partners, concerned that the proposal doesn’t comply with disclosure laws. Scalare announced back in May that it would go public in a reverse takeover of confectionery maker Candy Club Holdings (ASX: CLB).… Read more »
Swimming superstar and Olympic gold medallist, Cameron McEvoy, whose scientific approach to winning has led to him being nicknamed “The Professor”, is the keynote speaker at the Startup to Scaleup (S2S) Summit for tech startups in Sydney on September 26. The 4-time Olympian, now the world’s fastest swimmer after winning gold in the 50m freestyle… Read more »
Daily startup news and insights, delivered to your inbox.
