Sydney-based Devicie has raised $14 million in a Series A to expand offshore with its end-user device security management software. The round was led by New York VC giant Insight Partners, supported Australian cyber security services provider CyberCX. Devicie previously raised $1.3 million in Seed capital from angel investors and the cybersecurity venture accelerator program… Read more »
The University of Sydney is building a biomedical precinct worth $478 million to fast track research and patient care. The Sydney Biomedical Accelerator (SBA) will be the university’s largest ever capital investment, with the research precinct co-located at Royal Prince Alfred Hospital and the University’s Camperdown campuses, within the Tech Central precinct. It will span 36,000 square metres… Read more »
The CSIRO has revived its ON startup accelerator program, three years after shutting it down, as the government and universities ramp up their push to commercialise research. ON originally launched in 2015 as part of CSIRO’s Innovation Catalyst strategy, supported by former prime minister Malcolm Turnbull’s National Innovation and Science Agenda. But in late 2019,… Read more »
There’s been plenty of discussion around tech jobs and the role of women in the sector ahead of this week’s federal government Jobs and Skills Summit summit. Melbourne tech company Envato is looking to address both issues by doubling the size of its Developer Apprentice Program, which provides an entry-level pathway for aspiring female engineers.… Read more »
New Zealand customer messaging platform Atomic.io has raised $4.5 million in a Series A. The round was led by veteran Wellington VC Movac, supported by K1W1, Hoku and existing investor and Atomic director Rod Drury as well as fellow Xero cofounder Hamish Edwards, along with former Xero execs Paula Jackson, Alistair Grigg, Paul Williams, and Ben… Read more »
Former FlyBuys CEO John Merakovsky is one of three tech heavyweights to join the food supply chain integrity and loyalty solution Orijin Plus. Melbourne-based Merakovsky is the new chair of the Orijin Plus board, bringing a quarter century of digital technology and commercialisation experience to the team. Most recently, he implemented a digital infrastructure overhaul… Read more »
Industry lobby group the Tech Council of Australia (TCA) has stuck a deal with peak union group the Australian Council of Trade Unions (ACTU) to work together on ramping up local tech jobs and improve digital skills. The agreement between the ACTU and Tech Council came out of Wednesday’s Digital and Tech roundtable organised by… Read more »
A buy-to-earn fintech Hello Clever has raised $4.5 million in a Seed round as it looks to build out its instant rewards ecosystem. The round was led by Vectr Fintech Partners with participation from CrossFund, Yolo Investments, Magnivia Ventures, Son Tech Ventures, Boson Ventures and notable angels such as Ken Cheung, the former APAC head… Read more »
A former child slave who escaped civil war in Somalia for a new life in Australia, where she started out washing dishes for $5 an hour before going to become chief information officer at Qantas, has raised $28.3 million for her blockchain-based food supply chain startup. The round in Jamila Gordon’s Lumachain was led by… Read more »
Melbourne data analytics startup Intellischool has raised $3.3 million as it looks to go global with its edutech platform. The round was led by Sydney VC EVP and supported by social impact investor Save the Children Impact Investment Fund, edtech ventures Schoolbox and Curio Ventures, and personal backing from several edtech entrepreneurs. The capital is to bolster customer growth… Read more »
The meteoric rise of restaurant ordering and payments platform Mr Yum has flamed out with the company announcing it will shed more than 40 jobs globally with CEO and cofounder Kim Teo admitting they “increased our headcount too quickly.” Less than nine months after raising $89 million in Australia’s third-largest Series A, led by US… Read more »
The architect of the Senate report into regulating Australia’s cryptocurrency sector, released nearly a year ago, says the new Labor government needs to get on with introducing legislation rather than once again reviewing existing reviews into the issue. Liberal senator Andrew Bragg coauthored a landmark Senate Select Committee report into digital asset regulation last year,… Read more »
The Albanese government is looking to map out Australia’s cryptocurrency landscape, taking a slower approach to digital asset regulation and reform than the former Morrison government. In a joint announcement on Monday by federal treasurer Jim Chalmers, Assistant Treasurer Stephen Jones and competition, charities and treasury assistant minister Dr Andrew Leigh, they said “the first step… Read more »
Construction 0f Atlassian’s new 39-storey headquarters at Sydney’s Tech Central precinct got underway last week, with the build expected to take five years to complete. The 180-metre hybrid timber skyscraper next to Central railway station will be the world’s tallest commercial hybrid timber building in the world and is expected to cost $546 million and… Read more »
Hybrid events startup Delegate Connect has rebranded as Joyn as it rolls out its global expansion plans. The Melbourne startup, which connects conference delegates at virtual and hybrid events on any device, raised $10 million in a seed round nearly 12 months ago in order to go global Airtree Ventures led the raise with its… Read more »
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