Bowen, we have lift off. In the end Gilmour Space’s 23-metre-high, 30-tonne orbital rocket didn’t rise more than 100-metres in the air before crashing after 14 seconds of flight, but finally, after several attempts, the Australian-designed and made rocket took off just after 8.30am, AEST. “Got off the pad , I am happy. Of course… Read more »
Queensland-based superannuation fund Brighter Super will invest $50 million into local startups in a partnership with state government-backed investment manager QIC. The Brighter Super mandate will invest in startups expected to deliver strong investment returns, create jobs and have a positive impact on Queensland’s innovation landscape and economy. The project has already seen QIC back… Read more »
The Albanese government has decided to include YouTube accounts in its ban on access to social media for those under the age of 16. The decision will be controversial with many social media users, especially young people, and face resistance from the company. YouTube, owned by Google, has threatened to sue if it were included… Read more »
Queensland rocket builder Gilmour Space Technologies is hoping tomorrow will at long last be their chance to launch the first orbital space flight in 50 years from Australia. History was almost made today before the launch attempt for Eris TestFlight1 from the Bowen Orbital Spaceport, about 200km outside Townsville, was scrubbed late on July 29… Read more »
A growing number of start-ups are accessing venture debt to fund the growth of their business. With the primary appeal of limiting equity dilution, it’s easy to see why founders might jump on board the venture debt train. But venture debt has been linked to a number of collapsing startups both here and in the… Read more »
One of the world’s fastest growing AI startups, Swedish “vibe-coding” unicorn Lovable, with A$2.75 billion valuation just eight months after its launch, has teamed up with Australia’s Build Club to launch Lovable Learning Academy. It’s a platform of Lovable’s hands‑on curriculum and designed to help anyone go from zero to launching a live vibe-coded app,… Read more »
When I launched my first business in my twenties, I thought success meant sales, scale, and building a brand with cut-through. And to some extent, it did. But it took me a little longer to realise that real success – the kind that sustains you beyond your startup – also means financial independence. Not just… Read more »
INXS topped Triple J’s Hottest 100 Australian songs of all time with Port Adelaide’s unofficial anthem, Never Tear Us Apart – this writer is devastated TISM’s Whatareya? and Joe Dolce’s 1981 anthem Shaddap You Face failed to crack the ton – on the weekend, but it’s not the only top 100 in town. Tweed Heads… Read more »
WiseTech Global (ASX:WTC) has named Zubin Appoo, a long-time collaborator with founder Richard White as the logistics software company’s new CEO. He takes over, effective immediately, from interim CEO Andrew Cartledge, WiseTech’s former CFO, who had to step into the role following the resignation of White last October amid claims of inappropriate workplace behaviour, which… Read more »
As the electrification of transport and heating accelerates, many worry the increased demand could overload national power grids. In Australia, electricity consumption is expected to double by 2050. If everyone charges their car and heats water using electric systems at the same time, peak demand could rise sharply, forcing costly grid upgrades. But this would… Read more »
Artificial intelligence is changing the online search and marketing landscape and a marketing startup, hoping to ride the new wave for small business has raised a $2 million pre-Seed round. Hall, founded in 2023, is the brainchild of former Dovetail and Atlassian designer Kai Forsyth. The raise was backed by Blackbird. The martech startup is… Read more »
REA Group has doubled down on Brisbane proptech IMMERSIV, tipping in more cash to speed up its AI‑powered virtual‑tour platform as demand for immersive off‑the‑plan sales tools heats up.
Usually the one doing the reporting, Startup Daily and its parent company Pinstripe Media is in the spotlight this week, having been acquired by SmartCompany’s Private Media. AJ Koch fills in for Simon to share how it came together. We also keep the celebratory theme going with two phenomenal guests behind some significant raises from… Read more »
If you spend any time in the wellness corners of TikTok or Instagram, you’ll see claims women need one to two hours more sleep than men. But what does the research actually say? And how does this relate to what’s going on in real life? As we’ll see, who gets to sleep, and for how… Read more »
LaunchVic has injected $3.75m into Victoria’s startup scene, seeding seven VC funds, funding four university pre-accelerators and supporting 60+ founder events. The state expects the funds to raise $275m+ for early-stage startups, as it doubles down on innovation amid a tough global capital market.
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