virtual sailing
Life hacks

Researchers have found sailing is good for your mental health – and developed a way to do it without getting wet

- June 28, 2024 2 MIN READ

Virtual sailing could assist with mental health treatment according to researchers at Swinburne University of Technology, who’ve launched a world-first digital project to manage Major Depressive Disorder (MDD).​ The Swinburne researchers will use the cutting-edge technology of industry partner Virtual Sailing, which involves a sailing simulator (a boat with highly realistic movement on sailing navigation) and… Read more »

Alan Hunter NRN
Funding

Investible backs Splend cofounder’s new renewables startup in $1 million pre-Series A bridge round

- June 28, 2024 < 1 MIN READ

A renewable energy company installing home solar and batteries has raised $1 million in pre-Series A bridge funding round. The cofounder of rideshare car subscription service Splend, Alan Hunter, launched National Renewable Network (NRN) in 2021. Last Christmas NRN banked a $3.5 million raise alongside a $10 million funding facility from Catalytic Impact Capital. Investible… Read more »

Accelerator

BeanstalkAgTech is building a $10 million venture studio to back nearly 100 startups focused on drought resilience

- June 27, 2024 2 MIN READ

Food and agriculture advisory and venture firm Beanstalk AgTech has launched a venture program to support researchers and entrepreneurs build new agtech products and services for farmers. The $10 million project is working towards building the world’s first venture studio for drought resilience, supported by the federal government’s Future Drought Fund. Expressions of interest for … Read more »

Business

Beam in Business acquires jobs for women networking startup Freelancing Gems

- June 21, 2024 2 MIN READ

Women’s jobs site Freelancing Gems has been acquired by regional community and Women’s Awards program Beam in Business. Freelancing Gems cofounders Fleur Madden and Kirsty Jackson launched the site in 2020, as Covid hit, using AI-driven matching models to connect women to their next remote, part time, freelance,  contract role. The site also champions women… Read more »

Josh Griggs
People

ACS gives interim CEO Josh Griggs the gig

- June 19, 2024 < 1 MIN READ

After stepping into the breach as interim CEO of IT professional association ACS following the sudden departure of Chris Vein during the Christmas break, Josh Griggs is taking the helm officially to start the new financial year. Griggs has been appointed CEO from July 1 after serving six months in an interim capacity. He comes… Read more »

R&D, science, man looking in microscope
Accelerator

ARM Hub and MTPConnect collaborate on a new AI accelerator for biomed startups

- June 17, 2024 2 MIN READ

The Advanced Robotics for Manufacturing (ARM) Hub and MTPConnect have teamed up to launch the Biomedical AI Sprints Accelerator (BASA) so biomedical startup can harness the power of data and artificial intelligence (AI).  BASA will offer $25,000-50,000 in matched funding and upskill high-growth startup teams in using AI and data analytics, giving them access to… Read more »

Stephen Scheeler
Funding

Gina Rinehart backs AI brain mapping startup Omniscient in $89 million Series C

- June 12, 2024 2 MIN READ

Mind mapping startup Omniscient has raised US$60 million (A$89m) in a Series C as it uses artificial intelligence (AI) to decode the human brain. The raise was backed by mining magnate Gina Rinehart and existing investor Will Vicars, the billionaire chief investment officer at Caledonia. The five-year-old startup previously raised $40 million in a Series… Read more »

Barb Hyman, Sapia.ai
AI/Machine Learning

Sapia.ai opens its machine learning models with strategic API program

- June 10, 2024 2 MIN READ

Jobs interview platform Sapia.ai is opening up its machine learning models as part of a strategic API program, launching on AWS Marketplace. The move will give companies around the world the ability to develop their own workplace-based AI applications, using the data insights Sapia.ai has gathered from more than four million job interviews involving 20… Read more »

Agrifutures female farmer
Funding

Victorian agtech startups score an extra $1 million

- June 8, 2024 < 1 MIN READ

The Victorian government is doubling the size of its early-stage agtech fund to $2 million. The extra $1 million for the Hugh Victor McKay Fund, run by LaunchVic, follows the initial $1 million commitment revealed last year.  The fund offers up to $200,000 to early-stage Victorian agtech startups, so the new funding doubles the potential… Read more »

Jaedon Farrugia, Nathan Mackinnon, Jesse Duffield.
Funding

Subscriptions management startup Subble kicks off $1 million pre-Seed

- June 3, 2024 2 MIN READ

Business software subscriptions management platform Subble has raised $1 million in a pre-Seed round as it goes to market. The raise was backed by entrepreneurs Jordan Walsh and Leon Hayes from Haystack Capital to support product refinement and customer expansion. The Melbourne startup gives business execs improved visibility over their SaaS subscriptions for greater control… Read more »