News & Analysis
Tech startup JAR Aerospace has walked away with the top gong at the Cisco Start Challenge pitch completion. The company, whose focus is on developing and manufacturing purpose-built Unmanned Aerial Vehicles (or drones), scored $40,000 worth of digital transformation for their business. Samuel Lewinson, one of the four cofounders of the venture, said the prize […]
India-founded rideshare company Ola has appointed former eBay Australia boss Simon Smith as its managing director in Australia. Smith, whose previous roles also include time as a non-executive director of Sportsbet, CEO of local social networking platform Nabo, and as a consultant at McKinsey, will be tasked with developing the company’s presence in Australia – […]
Peer-to-peer car sharing network Car Next Door has raised $2 million in a funding round led by Hyundai, with participation from existing backer Caltex.
Melbourne-based fintech startup Airwallex has raised US$80 million ($109 million) in a Series B funding round, the second largest for an Australian startup to date.
Melbourne tech company Envato has boosted its efforts to improve the gender diversity of its team, creating a program to train women as developers.
Fairfax-backed Oneflare has acquired Sydney-based UrbanYou, a platform facilitating the booking of home services such as cleaning and gardening on-demand.
A group of fintech lenders have signed a Code of Lending Practice that aims to “standardise transparency and disclosure” around the loans they offer small businesses.
TAG and global electric driverless technology company EasyMile announced a partnership to be based at TAG’s joint venture Precision Buses in Adelaide.
Martin Hosking, CEO of ASX-listed creative marketplace Redbubble, has announced his retirement, with the company’s chief operating officer, Barry Newstead set to take his place. Hosking, who cofounded the company with two friends in 2006 and has served as its CEO since 2010, will step down in August and move into the role of non-executive […]
The Australian ICT workforce grew 3.5 percent to 663,100 from 2016 to 2017 and the demand will keep growing, with the Australian economy forecast to require another 100,000 workers by 2023.
Just a few weeks on from Blackbird Ventures leading a $10 million Series A round for Sydney-founded drone mapping startup Propeller Aero, AirTree Ventures has backed US competitor DroneDeploy’s US$25 million ($34 million) Series C round. The round, which brings the total raised by the startup to date to more than $56 million ($76 million), […]
The Socceroos, Wallabies, and the men’s cricket team may be floundering, but Australian innovation in the sportstech arena is strong and a relaunch of a sports-focused incubator this week will look to grow it further. Developed by the NSW Institute of Sport and Sydney Olympic Park Authority, the Sydney Sports Incubator is looking for startups working […]
Healthtech startup HealthEngine is again in the spotlight, with the ABC reporting it shared user data with law firms seeking clients for personal injury claims.
Melbourne fintech company Credit Clear, which automates the process of requesting payments from customers, has raised $8.5 million in funding from investors including Regal Funds Management.
Melbourne-headquartered video production marketplace Genero has raised $4 million in a funding round led by existing backer Ellerston Capital to pursue growth in the United States.