Twenty-one years after Facebook’s launch, Australia’s top 25 news outlets now have a combined 27.6 million followers on the platform. They rely on Facebook’s reach more than ever, posting far more stories there than in the past. With access to Meta’s Content Library (Meta is the owner of Facebook), our big data study analysed more… Read more »
It’s just shy of 20 years since US political satirist Stephen Colbert coined the term ‘truthiness’. He described it as “something that seems like truth – the truth we want to exist”. In corporate circles, there’s a fiscal truthiness where everyone’s wealthy and successful right up until the moment they lodge tax filings with the… Read more »
Robotics data analytics platform Alloy has raised $4.5 million in pre-Seed funding. The round was led by Blackbird Ventures with support from Airtree, US-based robotics VC Xtal Ventures, and Skip Capital as well as strategic angels investors include senior engineering leaders and founders from Waymo, Tesla, Halter, Reach Robotics, and Carbon Robotics. The Eucalyptus cofounders… Read more »
A $150,000 (US$100,000) increase in H-1B visa fees for US work permits led to panic and confusion among visa holders and applicants over the weekend. The large price tag has also raised serious questions for Australian startups, tech companies, and workers. Here’s what you need to know: Who is affected by the new H-1B visa… Read more »
A friend and fellow businessman did a presentation to a group of Entrepreneurs titled: ‘The laziest Entrepreneur I know’ – he was talking about me. I was offended, until I read the deck and realised he was pointing out that instead of buying into the ‘hustle’ culture I had created a culture built on sustainability.… Read more »
The federal department tasked with evaluating American firm PsiQuantum’s unsolicited proposal to build a quantum computer in Australia carried out an “appropriate” process despite minor issues with record keeping and planning for market testing, an internal audit has found. PsiQuantum proposed the build in November 2022, and its ultimately successful Brisbane plan — backed by… Read more »
It’s been 10 years since the Australian Government formally prioritised fintech as a key growth sector — and a decade since FinTech Australia was formed to champion the industry. At Intersekt 2025, that milestone was front of mind. From the very first pre-event dinners on the Tuesday night, there was a palpable buzz of optimism… Read more »
Sydney long-distance wi-fi chip maker Morse Mirco has raised an $88 million Series C. The round was led by existing backer Japanese fabless semiconductor supplier MegaChips, topped up by $35 million from the federal government’s National Reconstruction Fund (NRF) and support from other previous investors including Blackbird, CSIRO-backed Main Sequence, super funds Hostplus, NGS, managed… Read more »
Brisbane startup Fleetyr has banked a $750,000 Seed round four years after launching and going global. The raise was led by early-stage VC 77 Partners, which is also based in the Queensland Capital as well as Silicon Valley where’s it’s backed by Bee Partners. Also chipping in is state government-backed QIC Ventures through its enterprise… Read more »
This month, the Australian-made video game Silksong became one of the most played titles worldwide. Created by Team Cherry, a three-person indie studio in Adelaide, the sequel to 2017’s Hollow Knight shows how small studios can capture global attention. Its success matters not just for its artistry but because it demonstrates why video games are… Read more »
Australian businesses hiring a director of artificial intelligence can expect to pay around $245,000 in compensation, with junior data support workers seeking salaries of $90,000, according to a new tech sector salary guide. However, some non-technical roles can attract salaries in excess of $370,000, showing AI is yet to fully replace the old-fashioned sales executive.… Read more »
Charlie Chan’s musical career began at age 3 with a ukulele. It broke. But growing up in the ’70s, Charlie was part of the dawn of consumer electronics and computers, experimenting with home electronics kits, and by the ’90s as the internet age began, they went online to share their music with the world. Now… Read more »
One of Sydney’s OG fintechs, 29-year-old Ezypay, will be acquired by US software and payments firm Xplor Technologies. The terms of the deal were not disclosed. Xplor has its own Australian links dating back to Melbourne entrepreneur Mark Woodland, who founded the startup in 2016, then sold it to TSG in 2019. It’s now based… Read more »
Artificial intelligence and automation were the name of the game when it came to startup funding deals this week, with four out of the five startups with new funding embracing AI in some form. Keep reading to find out more about the five local startups that collectively raised more than $340 million, including Firmus, which… Read more »
Another week, another report highlighting the stark reality of women in technology. The Tech Council of Australia’s new “Women in Highly Technical Occupations” report tells a story we’ve heard many times before: Australia is facing a critical tech worker shortage, yet the pipeline for women is leaking at every joint. The report rightly points out… Read more »
Daily startup news and insights, delivered to your inbox.
