Online commercial insurance platform Upcover has partnered with legal tech startup Lawpath to make it easier for small businesses and startups to access legal and insurance services. This new bundled offering, launching this month, will be offered online via both platforms for Australian businesses to buy tailored insurance coverage alongside custom legal documents Upcover cofounder… Read more »
The Business Council of Australia doesn’t see artificial intelligence (AI) as a chance to improve CEO bonuses by firing a company’s workers, but rather a chance to finally lift national productivity after decades of stagnation. The industry lobby group has released a report, Accelerating Australia’s AI Agenda, arguing AI has the potential to reverse Australia’s… Read more »
What goes up must come down, and last week yet another of SpaceX’s Starships, the biggest and most powerful type of rocket ever built, came back down to Earth in spectacular fashion. In the sky above the Indian Ocean, it exploded. This was the ninth test flight for the rocket, and the third catastrophic failure… Read more »
Mistakes happen – at work and everywhere else. Everybody makes them. While it’s easy to spiral into self-loathing when you slip up, a mistake isn’t a sign that you’re unskilled. It simply means you’re human. Here’s the even better news: Your mistake doesn’t have to define you, especially if you find the right way to… Read more »
Superannuation and share trading platform Superhero has pocketed $11 million in fresh capital, which increasing its valuation by $22.5 million in just three months. The new cash comes after a $3 million raise in February at a $125.5 million valuation. All up, the business has now taken on around $70 million in external capital and… Read more »
This week’s Startup 360 sees Simon Thomsen return with a new cohost – Fishburners CEO Majella Campbell. And to celebrate episode 15’s new team, their guests this week are two “Fishies” founders – Barb Woodruff Swanson from Done Life, and Mossy Taheri from proptech Rising Returns. There’s a bit of a travel theme to this… Read more »
The federal Labor government’s flagship National Reconstruction Fund Corporation (NRFC) is back investing post-election, hitting the send button on another $27 million to lead a $40 million Series C for PolyActiva. The 15-year-old Melbourne biotechnology scaleup is developing potentially revolutionary eye implant technology to treat glaucoma and improve treatment outcomes for patients with ocular (eye)… Read more »
Sydney’s startup ecosystem has enjoyed a rapid rise in the last year and is near the top 30 cities in the world, but Australia has continued its decline overall, according to a new report. StartupBlink’s Global Startup Ecosystem Index Report 2025 ranks the startup ecosystems of more than 1,400 cities and 100 countries, using hundreds of thousands… Read more »
A nine-month wait to finalise their pre-Seed round has paid off for product market testing startup Heatseeker, nearly doubling its size to US$1.5 (A$2.3m). The raise was led by San Francisco-based Capital F, with support from Dom Pym’s family office, Euphemia, Even Capital and East End Ventures. In September last year, the Sydney via Gold… Read more »
When a molecule absorbs light, it undergoes a whirlwind of quantum-mechanical transformations. Electrons jump between energy levels, atoms vibrate, and chemical bonds shift — all within millionths of a billionth of a second. These processes underpin everything from photosynthesis in plants and DNA damage from sunlight, to the operation of solar cells and light-powered cancer… Read more »
James Alexander from Galileo Ventures proposes a ‘Tall Poppy’ national strategy for an AI revolution in Australia. We are witnessing the dawn of a new computing revolution 66 years after the invention of the silicon chip. This time it’s an intelligence revolution that goes beyond hardware. For the first time, we can talk to computers… Read more »
On Wednesday, Nobel laureate Brian Schmidt and economics professor Richard Holden gave a joint address to the National Press Club in Canberra. Their key message? Australia isn’t spending enough money on university research. Schmidt wants to ensure Australia can undertake research vital to our national interests. “I look around and I am scared,” Schmidt said.… Read more »
The founders of social enterprise Good & Fugly have departed the business suddenly after five years, with OzHarvest Ventures and chef Matt Moran looking to give the “ugly” fruit and vegetables subscription service a second life. Cofounders Richard Tourino and Jonathan Englert announced that the Sydney startup had “ceased trading under our leadership, effective immediately”… Read more »
Metabolic health monitoring platform Vively has raised $1.6 million in a Seed round as it rolls out its Continuous Glucose Monitoring (CGM) program to tackle pre-diabetes. The round was led by Archangel Ventures with support from Bupa Ventures, the VC arm of not-for-profit private health insurer Bupa, and others. Archangel previously led 2022’s $1.5 million… Read more »
A video analytics platform using artitificial intelligence to improve workplace productivity and safety has raised $17 million in a series B. It’s been nearly four years since Unleash Live raised an $8 million Series A led by Safety Culture, and this time the nine-year-old scaleup, now valued at $100 million, did not disclose its… Read more »
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