Federal authorities have finally given the green light for Gold Coast rocket builder Gilmour Space Technologies to launch Eris, the first Australian-designed and built rocket for orbit. The space tech startup said the weeks after March 15 are the window for its inaugural flight. The Civil Aviation Safety Authority (CASA) and Airservices Australia signed off on… Read more »
This week marks a year since the NSW government opened consultation on an Innovation Blueprint for the state. That, in turn, was four months after NSW innovation, science and technology minister Anoulack Chanthivong first announced the project in September 2023. The government had pledged to release it by July 2024. But when Startup Daily asked… Read more »
A week after Atlassian announced it would be lead sponsor of the Williams Racing Formula One team, ASX-listed Airtasker is slapping its name on the Visa Cash App Racing Bulls (VCARB) F1 team. It’s not that VCARB is going to be post “Wanted: someone to change 4 tyres in under 2 seconds” on the casual… Read more »
Brag Media cofounder and former CEO Luke Girgis has launched legal action in the NSW Supreme Court against the company that bought his business, ASX-listed Vinyl Group. The acquisition deal dates back to December 2023, when Vinyl (ASX: VNL) announced it would pay $8 million in cash to acquire 100% of The Brag Media and… Read more »
The Commonwealth Bank’s venture-scaling arm, x15ventures, has chosen a US-based data change management platform, Gable, as winner of its annual Xccelerate program. The startup has secured a SAFE Note investment and is actively exploring multiple partnership opportunities with CommBank. The three other finalists -vUS-based Cleric, local AI fintech Dragonfly Thinking and Eidiex – are also… Read more »
A Kiwi startup that wants to make kids love maths as much as playing Roblox has raised NZ$1.5 million (A$1.35m) in pre-Seed funding. The round for Polymath was co-led by Blackbird’s NZ office and fellow Aotearoa VC GD1. The app gamifies maths for kids, underpinned by an algorithm that adapts learning moments to each child’s progress.… Read more »
The former head of product at Kayla Itsines’ fitness app Sweat has launched his own startup, raising $600,000 in pre-Seed funding for a booking site for caravan parks and campgrounds. ParkBooker.com is the brainchild of Josh Volk and will go live later this week. The round was backed by Singapore fund Rising Tide Investment, Turo… Read more »
A startup hoping to chip away at China’s dominance in copper production with a new low-cost way of extracting it from low-grade resources has raised $1.05 million in a Seed round. Banksia Minerals Processing (BMP) was spun out of University of Queensland and has been backed by UniQuest, and IP Group, and grant funding from the… Read more »
Global contractor credentials platform MyPass has raised $7.5 million Series A. The round for the 12-year-old worker onboarding, compliance and credentials management business, which counts BHP, Shell, Woodside and UGL among its customer base, was led by Sydney VC OneVentures. The capital will be used for expansion in North and South America and accelerate product… Read more »
Car subscription startup Carbar could be a little more public after nine years, having made a takeover bid for ASX-listed rival Carly. The non-binding agreement to merge was announced just before market close on Friday. It will see Carbar acquire all of Carly Holdings Ltd (ASX: CL8) for $160,000 in cash and around $3.64 million worth… Read more »
Welcome to the Startup 360 product launch! We hope you like our MVP with cohosts Kayla Medica and Simon Thomsen. We want to have founder fun and find out what makes people tick – it’s not about GTM strategies and the next raise, it’s all about staying human. In our first show, Kayla and Simon… Read more »
A Melbourne startup building AI agents for the disability and aged care sectors has raised $2.5 million in Seed funding. The round for Minikai was led by Tidal Ventures with participation from Antler. Tigerspike founder Luke Janssen previously backed the startup with a six-figure pre-Seed investment nearly 12 months ago. Minikai’s AI agents are hoping to… Read more »
Battery storage tech startup Allegro Energy has scored a $1.85 million federal government grant to bring its battery technology to mass production. The Newcastle-based startup is one of five early stage tech companies funded under the $400 million Industry Growth Program. Allegro Energy has developed water-based Redox Flow Batteries (RFB) to store renewable energy. The… Read more »
Sydney clinical-stage radiopharmaceutical startup AdvanCell, which is developing innovative cancer therapeutics, has raised US$112 million (A$178m) in a Series C. The round was co-led by US-UK fund SV Health Investors, Sanofi Ventures, Abingworth, and SymBiosis. Additional support came from existing investor Morningside, alongside new investors Tenmile, Brandon Capital, and others. Founded in June 2019, AdvanCell was… Read more »
A Melbourne enterprise technology startup that’s bootstrapped since its founding in 2019 has raised a $5 million Seed round in taking on its first external capital. Slinging cash at Factor House were Blackbird, OIF, Flying Fox and the Alice Anderson Fund, LaunchVic’s female-focused co-investment side-car fund. The funding will accelerate the commercial release of the startup’s flagship product,… Read more »
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