Best in tech winners
Events

GO1, Hysata, LaunchVic’s Kate Cornick, Q-CTRL and Earlywork win at the Startup Daily Best in Tech Awards

- September 7, 2023 4 MIN READ

Brisbane online training unicorn GO1 has won Scaleup of the Year, with Wollongong hydrogen electrolyser manufacturer Hysata winning Startup of the Year at the 2023 Startup Daily Best in Tech Awards. The winners across 10 categories were announced at a gala dinner before 180 people in Sydney on Wednesday night as founders, investors and tech… Read more »

Lighter Capital CEO Melissa Widner
Funding

Lighter Capital has $30 million to lend to startups, with Invest Victoria backing the revenue-based VC alternative

- September 5, 2023 < 1 MIN READ

Venture capital alternative Lighter Capital has a $30 million war chest to lend to local startups thanks to support from the Victorian government and iPartners.  The 13-year-old revenue-based Wall Street financier offers non-dilutive funding to founders in the US, Canada and Australia. Invest Victoria tipped $10 million into the $30 million fund, supported by New York… Read more »

Catalysr
Accelerator

Applications for Catalysr’s ‘migrapreneur’ startup accelerator program are about to close

- September 5, 2023 2 MIN READ

Catalysr, the startup incubator dedicated to supporting high-performing migrant and refugee entrepreneurs, is on the hunt for 25 “migrapreneurs” to take part in its 2023 Accelerate Program. Applications close this Wednesday, September 6, with the free, three-month program running from September 17 to early December. Since 2016, Catalysr has supported and mentored more than 900… Read more »

Angelina Lau, Johanna Frauenberger, Annie Jain, Kyla Tay, Patrick Hatzipavlis
AI/Machine Learning

A team of Monash uni students analysed 7 ways the legal profession is using AI – here’s what they found

- September 5, 2023 6 MIN READ

Law firm, Lander & Rogers has partnered with Monash University to launch the first artificial intelligence (AI) clinical placement program. We were a team of five law students embedded in the firm as “AI investigative agents” in a program overseen by Courtney Blackman from the firm’s iHub innovation function, Stan Chua from the technology team;… Read more »

Medigrowth cofounders Adam Guskich and Todd McCelland
Funding

Cannabis biotech Medigrowth skins up $3.44 million in crowdfunding campaign

- August 25, 2023 2 MIN READ

Victorian medical cannabis biotech Medigrowth has raised one of the largest equity crowdfunding campaigns in the sector’s six-year history, banking nearly $3.45 million from more than 2000 investors. The CSF campaign on Birchal is the third largest in the platform’s history, with Medigrowth hitting its minimum target of $500,000 in just 45 minutes before gaining… Read more »

Kate Cornick
Politics

Victorian startups are going gangbusters – and that’s a big win for the local economy

- August 25, 2023 2 MIN READ

 An updated report from Deloitte Access Economics has found the Victorian startup ecosystem has out- performed growth expectations from forecasts made in 2020. The report,“Scaling up: Growing the economic opportunity for Victoria’s startup ecosystem”, commissioned by startup agency, LaunchVic, concludes that pandemic tailwinds were kind to the sector with its value nearly doubling from $50… Read more »

Bill Gates
People

Bill Gates explains why philanthropy matters when you’re successful in tech in a new podcast with Daniel Petre

- August 24, 2023 < 1 MIN READ

StartGiving, the not-for-profit organisation inspiring a new culture of giving in the Australian innovation community, has launched a podcast and vodcast series for tech founders looking to start or scale their giving. Hosted by StartGiving founder and chair Daniel Petre and CEO Antonia Ruffell, the series features leaders in the tech and philanthropy spaces generously… Read more »

John de la Motte,
Business

Edtech Compass chalks up $64 million WA schools contract in deal with TechnologyOne

- August 23, 2023 2 MIN READ

School management software scaleup Compass has won the tender to supply more than 800 of Western Australia’s Public Schools with its technology – a project it will deliver in partnership with ASX-listed TechnologyOne. The deal, which is worth more than $9 million annually over seven years, with an option for extension, will see Compass expand… Read more »

money tree
Venture Capital

New analysis reveals a key source of early stage startup funding, family offices, have boomed in the last decade

- August 23, 2023 3 MIN READ

The growing wealth of the top end of town has seen an explosion in the creation of family offices over the last decade, according to new analysis.  That boom is good news for anyone looking to work in the space, since it’s a lucrative role according to the KPMG Australian Family Office Compensation Benchmark Report… Read more »

Robot with digital screen
AI/Machine Learning

4 experts on artificial intelligence and how it will transform fintech, manufacturing and planning

- August 21, 2023 3 MIN READ

It was National Science Week last week and as it is with nearly every discussion on every front, artificial intelligence (AI) was in the spotlight.  With automation and AI revolutionising the world, this year’s program examines innovation and technological advancements across all fields. We asked four  To try and flesh out some of the ways… Read more »

Marqo cofounders Jesse Clark and Tom Hamer
Funding

Former Amazon duo bank $8.1 million Seed round for Marqo, the AI-powered search engine that finds better stuff

- August 17, 2023 2 MIN READ

A Melbourne startup founded by two former Amazon employees to improve online search for related objects has raised US$5.2 million (A$8.1m) in a Seed round led by Blackbird. Marqo is an AI-powered vector search engine. Vector search is a way to find related objects with similar characteristics using machine learning to find semantic relationships. The raise was… Read more »

Anda cofounders James McWhinney, CEO, and Elisabet Sigurdardottir, CTO
Antler Australia

Antler Investor Memo Series: Anda’s wearable uses breath tech to curb stress and anxiety 

- August 17, 2023 3 MIN READ

Company name: Anda  Founded: 2023  Stage : Pre-Seed  Founders: James McWhinney, CEO, and Elisabet Sigurdardottir, CTO Current investors: Antler  Currently raising: Yes  The business  The global health and fitness sector has significantly broadened beyond physical exercise and diet in recent years to encompass holistic mental and physical wellness. This has been fuelled in part by shifts… Read more »