A Cloud Guru’s Sam Kroonenburg has teamed up with Go1’s Andrew Barnes and more than a dozen other founders of tech companies that achieved a $1 billion valuation to back a new $50 million venture capital fund to invest in the next wave of potential unicorns. Glitch Capital also involves two OGs of local tech,… Read more »
A no-holds-barred and very public blow-up between the world’s richest man and the president of the United States has had social media agog in recent days, with each making serious accusations against the other. And while tech billionaire Elon Musk appears to have cooled the spat somewhat – deleting some of his more incendiary social… Read more »
Joel Macdonald’s been busy resetting his thinking in the last few years after the cofounder of Getswift was banned by the Federal Court from running companies in Australia for 12 years. He’s been in therapy, busy journaling, writing affirmations on glass walls in an apartment, taking psychedelics, including ayahuasca and mushrooms, and the former CEO… Read more »
EVP has added 20 more defendants, including earlier VC investors – taking the total to 32 – in its legal action to recover $10.4 million invested in StrongRoom AI. EVP has a freezing order over the company’s assets and during a case management hearing on Wednesday added the company’s other early investors, including Artesian Ventures,… Read more »
Just as Techstars Sydney MD Christie Jenkins was about to go hiking in Patagonia, taking her offline for 10 days, she got a call from Sir Richard Branson’s Caribbean retreat, Necker Island. They wanted the acclaimed athlete to speak there. It was “a pinch me moment to be on stage talking about investing in women’s… Read more »
Three months of hard work building deep tech startups came to a climax today when their founders told their stories at CSIRO’s ON Accelerate showcase in Melbourne. The ninth cohort of the national science agency annual program to support founders from Australian universities and CSIRO itself featured 11 finalists, spanning drug development, healthcare delivery, and… Read more »
It’s Day 1 of the international travelling roadshow that is Money 20/20 and the European iteration, held at the cavernous RAI exhibition centre in Amsterdam, is on a mission to the outer edges of the conference stratosphere in terms of scale and size. Seriously, some of the exhibitor booths are bigger and much more expensively… Read more »
Remember when car subscription services were the next big thing? Around the late 2010s, they were everywhere, hailed as the future of driving. All the benefits of having a car, without the long-term commitment. One monthly payment covering everything from insurance to servicing. It was a simple, flexible alternative that struck a chord, especially with younger drivers… Read more »
Quantum physicist and deeptech startup founder Professor Michelle Simmons has joined the board of The Tech Council of Australia (TCA). Her appointment dramatically improves the representation of women in the industry lobby group, which last year came under fire last year for failing to act when former board member Richard White faced inappropriate conduct allegations.… Read more »
Head lice, fleas and tapeworms have been humanity’s companions throughout our evolutionary history. Yet, the greatest parasite of the modern age is no blood-sucking invertebrate. It is sleek, glass-fronted and addictive by design. Its host? Every human on Earth with a wifi signal. Far from being benign tools, smartphones parasitise our time, our attention and… Read more »
Renewable energy retailer Amber has raised another $45 million in venture capital as it ramps up global ambitions for its battery and EV automation technology. The round was led by UK/Europe-based impact investor ETF (Environmental Technologies Fund) Partners and supported by existing backers including Square Peg, Gentrack, Rubio Impact Ventures, and Breakthrough Victoria. Amber previously raised $29… Read more »
Kiwi startup founders take around 29 months on average to score their first pay cheque, but when they get there, they’re doing of okay, with 50% of them on more than NZ$195,000 (A$182k) according to the New Zealand Founder Pay Report 2025. The first deep dive into startup life in Aotearoa, by LiveRem and Oxygen Advisors,… Read more »
The Victorian government has given the Australian Centre for Artificial Intelligence in Medical Innovation’s (ACAMI) $10 million towards La Trobe University’s deployment of NVIDIA DGX H200 supercomputer. It sits in NEXTDC’s Melbourne Data Centre in Tullamarine and is the first to be commissioned at a university in Australia, giving scientists the ability to push the… Read more »
So you closed your Series A. Congrats. But if the champagne’s gone flat and growth’s not following the graph you pitched, welcome to the plateau. The Series A lull is where promising startups go to stall. And if you don’t rewire your mindset, ops, and culture, it’s where momentum quietly dies. Zing Coach’s been there:… Read more »
Termina, a software startup that helps small business get cheaper energy prices through collective buying, has raised $3 million in a pre-Series A. The round was led by Sydney VC EVP, via its Fund IV, with support from existing investors Archangel Ventures and Skalata. The five-year-old Melbourne startup plans to expand globally, with eyes on… Read more »
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