Business

CSIRO spinouts merge amid $11 million raise

- July 4, 2025 2 MIN READ

Two deep tech companies created from research at national science agency CSIRO have merged after raising $11 million. MagnaTerra Technologies is the result of combining mining innovator NextOre and explosives detection startup MRead. Together they have more than two decades of sovereign innovation in Magnetic Resonance (MR) sensing, a rapid, accurate, and safe detection technology developed… Read more »

Cryptocurrency

Crypto exchange Coinstash pockets $4.7 million in fiat currency for Series A

- July 3, 2025 < 1 MIN READ

Cryptocurrency exchange Coinstash has raised $4.7 million in a Series A led by an undisclosed Brisbane family office. The eight-year-old digital assets fintech plans to use the cash for platform development, team expansion and user acquisition, with a plan to treble its current customer base. Coinstash CEO Ting Wang said the business has now raised… Read more »

AI/Machine Learning

A smack in the bots: Macquarie Uni spin out takes on bank scammers with AI

- July 2, 2025 2 MIN READ

If, like this writer, you’ve had time on your hands, felt mischievous and decided to take on scammers with a meandering conversation to slow them down, you’re going to love what a Sydney startup is doing with Australia’s biggest bank. Sydney cyber-intelligence startup Apate.ai has teamed up with the CommBank to create AI-powered “victim bots”… Read more »

Events

Here are the 23 deep tech startups in presenting at the Cicada x Tech23 showcase

- July 1, 2025 8 MIN READ

Artificial kidneys, mission-free mining trucks, low emissions ammonia and GPS-free navigation are just some of the breakthrough innovations that will feature at the Cicada x Tech23 deep tech showcase in Sydney this year. This annual event spotlights Australian science-based startups developing critical technologies in health, energy, infrastructure, and industry A record 150 applications were received… Read more »

Accelerator

Applications for WA’s Nature Tech Accelerator for biodiversity startups are open

- July 1, 2025 2 MIN READ

Founders Factory, the global startup accelerator and early-stage investor, has opened applications for their next WA Nature Tech Accelerator. The WA accelerator is a unique opportunity for founders in the nature tech space. It offers both capital support along with a four-month program. It’s been designed for founders developing and advancing new biodiversity and the… Read more »

Ben Grabiner
Business

Investing in Australian startups gives investors the best bang for their bucks

- June 30, 2025 3 MIN READ

Australia has one of the world’s most capital-efficient startup ecosystems analysis of the local venture investment market reveals, creating bigger and better tech companies for fewer dollars. The Australia Venture & Startup Report 2025, from Sydney VC Side Stage Ventures in collaboration with Dealroom and AWS, set out to benchmark the performance of local venture… Read more »

Bitcoin
Cryptocurrency

If you’re thinking of trading in Bitcoin, here’s what you need to know about crypto tax liabilities

- June 30, 2025 4 MIN READ

Bitcoin is ubiquitous. It is impossible to open a social media stream or news source without encountering yet another mention of the topic. Many Australians have invested, hoping for a good return. But they may not have considered the tax consequences of their investments. So some might be in for an unexpected surprise. The tax… Read more »

Global tech

I no longer use Meta because one of the world’s most sophisticated tech companies can’t tell when my account’s been hacked

- June 30, 2025 2 MIN READ

When Sue Keay’s Facebook account was hacked, Meta didn’t warn her of the obvious problem, it preferred to go nuclear and deleted all her accounts. It’s a reminder that digital sovereignty matters. There used to be a lot of different ways that people could connect with me but please know that you are no longer… Read more »