MRT’s Paul Mullins, David Finlay and Gordon Howard with their invention, which helps reduce tractor horsepower in broadacre farming. Australia’s CSIRO invented wifi and now a local startup is using it keep farmers in touch when they’re out in the paddocks as part of the latest cohort in agtech accelerator SparkLabs Cultiv8. Seven startups have… Read more »
Queensland financial giant Suncorp has announced plans for a three-month accelerator program for fintech startups. The Suncorp Digital Incubator Program is a 90-day accelerator offering access to mentors, designers, data/APIs and tech and business experts, at the bank’s Digital Labs in Brisbane. Applications are now open with the program kicking off in June. Chief Information… Read more »
Celebrating its 10th year, Melbourne Knowledge Week returns next week with seven days of interactive events, workshops, dinners and performances all dedicated to discovering and shaping the future of our city. The City of Melbourne’s annual celebration of the city’s best and brightest minds and smart, innovative and unique solutions to improve the world’s most… Read more »
Australians go to the ballot box this Saturday to decide who will lead the nation for the next three years, with the polls suggesting the decision between Labor and the Coalition is getting closer. Whoever wins, the country’s growing startup sector will be looking to the new government for direction and support as they build… Read more »
Australia is spending a fraction of its GDP on artificial intelligence and machine learning, compared to its international rivals, and will lose jobs without increased investment in the technology, experts says. Analysis by the University of Adelaide’s Australian Institute for Machine Learning (AIML), which is pushing to establish a National Centre of Excellence in Machine… Read more »
Crowdfunding appears to be the new go-to capital tap for non-tech startups, with Sydney-based drinks brand Nexba the latest startup to tap its supporters for cash, setting a new record for Australia’s largest non-tech crowdfunding raise in the process. Nexba just scooped up $6 million in a Series A Round and as part of the… Read more »
Brisbane’s RiverPitch Live – think Shark Tank livestreamed – is coming to Sydney next month and is seeking startups to take part. The series, run by River City Labs, had up to 15 startups take part in each RiverPitch Brisbane Live event before a live audience of more than 100 people, including especially screened high-profile… Read more »
It’s a startup with the potential to turn into unicorn, according to one of the country’s highest profile investors, Steve Baxter, who’s just led a $1 million seed round in Brisbane video platform Clipchamp, with the former Shark Tank shark declaring it “Canva for video”. Canva, the Sydney graphic design startup founded by Mel Perkins… Read more »
Supp is an app currently available to hospitality venues in Melbourne that offers casual shifts and connects employers with workers The idea was the brainchild of the couple behind Fitzroy’s Lune Croissanterie Supp is now seeking $1m via equity crowdfunding to take the idea interstate In the last two years, some of the biggest names… Read more »
When your family’s been on the land for 60 years, it’s doesn’t sound like startup territory, but farmers now all about disruption and the need to pivot a business. Dairy farming has changed dramatically in the past two decades since the biggest disruption of all, deregulation, arrived in 2000. Since then, Queensland has lost over… Read more »
Mums became big news this week, with Labor leader Bill Shorten talking about how his mother was an inspiration to him and shaped his political views. Politicians aren’t the only ones with inspiring mums. Becoming an entrepreneur is often the result of hard work, sacrifice, love and more from parents who’ve raised their child with… Read more »
The annual Startup Genome Global Startup Ecosystem Report sees Sydney fall in the top 30 rankings Melbourne’s ecosystem is on the rise as a “challenger” to crack the top 30 The Sydney result is ‘disappointing’ and the city has now slipped from 16th in 2015 While there is growth overall, Australia is lagging behind global… Read more »
Melbourne lawtech startup Plexus, has closed the largest venture capital raise in Australian legal history, $4.65 million in Series A funding, led by KPMG. The professional services company’s legal arm, KPMG Law has also formed a strategic alliance with Plexus. Aconex co-founders, Rob Philpot and Leigh Jasper, and Message Media co-founder Grant Rule also participated.… Read more »
86 400 is a new digital-only bank led by British entrepreneur Anthony Thomson It’s backed by Sydney-based payments services company Cuscal The bank is waiting for APRA approval to launch with a savings account this year It’s seeking $250m over the next three years to strengthen its balance sheet Digital banking startup 86 400 (named… Read more »
Perth-based Demand.film is hoping its 110,000-strong customer base will put their money where their eyeballs are, launching a seven-figure equity raise via crowdfunding. The on-demand cinema startup, which has a catalogue of hundreds of films, predominantly documentaries alongside Australian classics such as Mad Max and Crocodile Dundee, offers crowdsourced, single event-screenings in… Read more »
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
Here are the finalists in Fintech Australia’s 2024 Finnies awards 
Atlassian cofounder Scott Farquhar steps down as co-CEO 
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
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