Nearly three-quarters of Australians aged 18-14, and eight in every 10 adults have backed the federal government’s social media ban for children under 16. While support for the ban was lowest among young adults (72%), it rose to 80% for people aged 50-64 and 87% for over 65s, taking the national average to 79%. There… Read more »
In celebration of the TechStars Sydney ‘Demo the Future’ evening, Startup Daily is profiling the 12 startups and their founders in the 2025 cohort. Next is Briefcase – helping the justice system to streamline with tech, without dehumanising it. Briefcase Founder: Kirk Simmons One-liner: Enabling faster and smarter decision-making for justice and arbitration systems What’s… Read more »
Australia will not proceed with a permanent AI advisory board, after the federal government confirmed it has abandoned the plan despite growing pressure for stronger oversight of the technology. As reported by InnovationAus, recent answers to Senate estimates questions on notice show the Department of Industry, Science and Resources (DISR) will not establish the AI advisory… Read more »
Imagine this: a band removes its entire music catalogue off Spotify in protest, only to discover an AI-generated impersonator has replaced it. The impersonator offers songs that sound much like the band’s originals. The imposter tops Spotify search results for the band’s music – attracting significant streams – and goes undetected for months. As incredible… Read more »
Data-scraping bot blocker Kasada has raised US$20 million (A$30m) in a round that values the business at $300 million. The round was backed by Swedish private equity giant EQT, with support from existing investors, including Malcolm Turnbull’s Turnbull & Partners, Westpac’s VC fund Reinventure, CSIRO-backed Main Sequence and OIF Ventures, and in the US, New… Read more »
I’ve spoken to over 100 founders over the past 18 months about the pros and cons of moving to San Francisco (SF), so I decided to compile everything into this post. Why it’s worth moving to SF? Firstly, SF is not for everyone. SF is for the most ambitious and driven people in the world.… Read more »
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Business strategy
Digital food safety platform Squizify has continued its Asian expansion, launching a subsidiary in Japan following a $10 million Series A earlier this year. The Brisbane startup, founded in 2018, by CEO Daniel McDouall, helps restaurants, retailers and food manufacturers automate hygiene tasks, digitise HACCP (Hazard analysis and critical control points) compliance, monitor equipment performance… Read more »
Fintech
With 12 more sleeps to Christmas, Melbourne-born Airwallex wins the 2025 Australian capital raising stakes with a massive $498 million Series G that values the fintech at $12 billion. Meanwhile, cybersecurity startup Kasada and sole trader accounting platform Hnry also booked $30 million and $26 million raises, respectively. Keep reading to learn more about six… Read more »
Funding
Timing is so critical when you’re building and growing a company, but the calendar isn’t the only thing you’re racing. Cash flow – what’s coming in, what’s going out and when – dictates how fast you can move. The good news? You have options. With a few practical changes to how you pay and track… Read more »
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