The business world has become increasingly crowded with net-zero pledges and sustainability buzzwords. But for companies who actually want to walk the talk, there’s a real solution that goes beyond the greenwash and creates lasting impact. Designed for office-based businesses that are on the hunt for practical ways to reduce their carbon footprint, CitySwitch is… Read more »
Gaby Rosenberg, the cofounder of millennial investment fintech Blossom is among several women honoured in the annual FinTech Australia Finnie Awards for 2025. Rosenberg, was named Emerging FinTech Leader, while Anna Hawter, deputy CEO of small business lender Lumi, is Outstanding FinTech Leader of the Year, in the ninth annual awards. Hawter was the 2024… Read more »
Ammonia is the second most-produced chemical on the planet and without it, we wouldn’t be able to feed the world. But making it has been energy intense – until an accidental scientific discovery at the University of Newcastle created the potential for a more environmentally friendly way to produce it. That discovery is a new… Read more »
Adelaide VC Eastend Ventures has secured $10 million in commitments for its debut fund, which will be the first in South Australia as an Early Stage Venture Capital Limited Partnership (ESVCLP). The $50 million Eastend Ventures Fund 1 intends to invest in up to 30 early-stage, high-growth, business-to-business (B2B) startups across South Australia, Western Australia… Read more »
News emerged this week that Canva was looking at another secondary share sale, worth up to US$500 million (A$762m) with its valuation increasing by more than 15% to US$37 billion (A$56.2bn). It seem surprising with a US listing on the Nasdaq expected as soon as 2026. But in breaking the news The Information reported that… Read more »
Nominations for the 3rd annual Startup Daily Best in Tech Awards are now open. The 2025 Best in Tech awards are once again feature AWS Startups as the major sponsor, with Vanta as supporting partner. This year there are 14 awards, including the always-popular Most Innovative Startup, as well as Startup of the Year. Several… Read more »
Just two months away from hundreds of startups and founders being forced to move out of the Sydney Startup Hub, there’s still no clear vision from the NSW government about what the move to Tech Central will look like. While the government has yet to publicly announce a new location, Startup Daily understands that tenants… Read more »
A former Western Sydney University student has been arrested and charged with allegedly hacking the institution over several years after initially seeking to exploit systems to get discounted parking. The 27-year-old woman was arrested at a property in the Western Sydney suburb of Kingswood on Wednesday, where she was charged with 20 offences including accessing… Read more »
If you haven’t met Labubu yet, you’re missing the blueprint for the next wave of consumer brand virality. Born from Hong Kong’s Pop Mart, Labubu is an oddly adorable toy that’s more than merch. It’s a cultural phenomenon. Labubu is triggering global sellouts, fuelling resale frenzies and building a fanbase with near-religious devotion. Fans camp… Read more »
Two Sydney quantum startups have combined forces to developed technology that effectively reduces the size of the circuits required to run a silicon-based quantum computer. Diraq and Emergence Quantum published details in Nature today. Quantum bits (or ‘qubits’) must be held at cryogenic temperatures, near absolute zero (–273.15 °C), to preserve their information. But they… Read more »
The NSW budget has put a price on moving everyone out of the Sydney Startup Hub in the CBD to Tech Central 2km away: $5 million. That cost represents around 13% of the funding for Tech Central announced by treasurer Daniel Mookey in Tuesday’s budget. A line item in Budget Paper 3 on infrastructure spending… Read more »
Advisory firm Meliora founded by former media executive Clive Dickens, has moved into venture capital, backing three AI startups in Australia in a partnership with student-focused fund. NextGen Ventures. Meliora Ventures, the company’s investment arm, has deployed around $1.5 million in total, including for two European generative AI startups with a business focus, Dublin’s Quickfind… Read more »
Australia’s competition regulator says the dominance of the country’s three major cloud computing providers — Microsoft, Google, and Amazon Web Services (AWS) — means such companies could be incentivised to engage in anti-competitive behaviour, potentially increasing risks to consumers and the wider market. The major cloud providers — often called ‘hyperscalers’ due to their capacity… Read more »
A $25 million bet on fintech DASH has proved lucrative for ASX-listed venture fund Bailador Technology Investments (ASX:BTI), with the VC announcing a 59% uplift to $44.7m. The increase is the result of a new yet-to-be announced raise for the Sydney fintech, which has been signed at a 59% increase in DASH’s valuation. DASH is… Read more »
Kiwi startup Kiki is hoping that its plan to be bigger than Airbnb will have more luck in London after it was forced to shut down in New York due to the city’s subletting laws. It’s also a case of 4th time lucky for the Blackbird-backed startup, which has previously opened, and closed, in New… Read more »
Daily startup news and insights, delivered to your inbox.
