Chris Vein, the self-confessed American “Australophile” and former White House, and World Bank executive who became CEO of the Australian Computer Society (ACS) following its most turbulent period, is stepping down after 18 months in the role. ACS announced it “regrets” that Vein will retire at the end of the year for personal/health reasons. “As… Read more »
OpenAI, developer of ChatGPT and a leading innovator in the field of artificial intelligence (AI), was recently thrown into turmoil when its chief-executive and figurehead, Sam Altman, was fired. As it was revealed that he would be joining Microsoft’s advanced AI research team, more than 730 OpenAI employees threatened to quit. Finally, it was announced… Read more »
Tanck is a startup described as a ‘secret weapon’ for NFPs and social sector organisations when it comes to government relations and engagement. Founded in 2020 by Angus Crowther and Neil Pharaoh, Tanck is a small team of political gurus who share their political knowledge and experience with organisations who want to change the world… Read more »
Is there a bit of nark and envy creeping into Australian venture when it comes to Blackbird? 
Business law legaltech startup Nexl apprehends $6.6 million Series A 
Sweat re-equity: Bikini Body founders Kayla Itsines and Tobi Pearce buy back their fitness app 
Airtasker cofounder Jonathan Lui’s proptech app, Soho, banks $750,000 to hit $20 million valuation 
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Business strategy
After travelling through the investment climates of Europe and South East Asia, it’s clear that a tide of optimism is rising for early-stage startups, including those based in Australia. The terrain for securing funding has become more conducive, but how should an Australian entrepreneur navigate this promising period? Let’s explore. Global trends, local implications Firstly,… Read more »
Funding
A defence tech startup that helps drones and airborne surveillance craft “see” better has raised $4.45 million in a Seed round. The investment in Arkeus was led by CSIRO deep tech VC Main Sequence, with participation from Steve Baxter’s new defence-focus fund, Beaten Zone Venture Partners, and Salus Ventures. The capital is allocated towards scaling… Read more »
Antler Australia
Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »
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