Time Magazine has named Atlassian co-founder and co-CEO Mike Cannon-Brookes as one of the 100 most influential people of 2022. The tech entrepreneur and net zero advocate is listed among 18 people, including former Google ethical AI computer scientist Timnit Gebru, and New Zealand film director Taika Waititi, in the innovators category. Apple CEO… Read more »
Utilities digital twin tech startup Neara has raised US$14 million (A$20M) in a Series B. The round was led by Kim Jackson’s Skip Capital, with Series A backer Square Peg Capital opening the wallet again, plus OIF. It follows a A$7.25 million Series A in 2021, taking the total capital raised to A$27.25 million. The SaaS… Read more »
Australian design giant Canva has made its debut on the annual CNBC Disruptor 50, a list of fast-growing, innovative private startups harnessing breakthrough technology. Even more remarkably, Canva was listed at no. 4, behind Flexport, Brex and Lineage Logistics, and ahead of the likes of Guild Education, Convoy Blockchain.com, Stripe, Dapper Labs and Pony.ai, which all… Read more »
The Big Sausage Sizzle on Saturday changed the government, with Labor under Antony Albanese heading towards a majority in the lower house, or at least taking people with support from an expanded crossbench. The result has been widely welcomed by the tech and startup sectors, with Labor’s Ed Husic expected to continue in the innovation… Read more »
Sydney drone startup Aerologix, which describes itself as “Uber for drones”, has raised $4.2 million in Seed capital. The round led by Ellerston Capital and Lindsay Phillips’ Nightingale Partners, following on from an earlier pre-seed raise Aerologix will use the capital to invest in additional research and development, bolster its commercial team and to launch overseas. … Read more »
Every week on the Startup Daily TV show, we talk to more than two dozen founders, CEOs, investors and experts about what’s happening in tech. Now you can catch the best of the show with the weekly podcast, SUDS. While Elon Musk continues to play chicken over his $60 billoin Twitter deal, he’s been using the… Read more »
Deal activity in the Asia-Pacific region, including Australia, fell by nearly 30% in April according to new financial analytics firm GlobalData. A total of 1,166 deals were announced in the Asia-Pacific (APAC) region during April 2022, which GlobalData says is a decline of 29.4% over the 1,651 deals announced in March. While the data looks… Read more »
Tech billionaire Mike Cannon-Brookes has spend $650 million via his family investment firm, Grok Ventures, for his stake in AGL, including $600 million in cash and $50 million in debt. The Atlassian co-founder and co-CEO is waging a public campaign to stop a demerger plan for Australia’s biggest energy company. While the initial stake was… Read more »
A data sharing startup DataCo Technologies has emerged out of ANZ Bank’s VC and innovation arm, 1835i, to help businesses organisations safely test and realise the value of collaborating on data. The DataCo Collaboration Platform allows organisations to connect and collaborate on customer data, leveraging the latest privacy enhancing and data protection technologies to remove… Read more »
Startup hub Fishburners has opened entries for its Tech for Good Awards, designed to promote startups harnessing technology to help solve some of the biggest challenges faced by people and the planet. The awards feature seven categories, with reach winner receiving a $5,000 cash prize. The winner of the Tech For Good Excellence Award will… Read more »
A Cloud Guru co-founder and CEO Sam Kroonenburg is pouring some of the proceeds from his London-based startup’s $2 billion exit last year into local tech companies after signing on as venture partner with SecondQuarter Ventures. Kroonenburg, who founded his online learning business with his brother Ryan in 2015, landed one of 2021’s biggest M&A… Read more »
Age Up Health has secured investment from the Alice Anderson Fund, LaunchVic’s $10 million VC fund for female entrepreneurs. The fund offers up to $300,000 in matched capital to early-stage startups. Age Up, which launched in March 2020, provides home care packages to help elderly people stay in their homes, taking the sector into the… Read more »
The Commonwealth Bank is expanding its children’s banking products with a new digital app as part of a wider digital strategy announced by CEO Matt Comyn. The range of initiatives the bank launched include a new low interest digital home loan at 2.14% for owner-occupiers. It’s also adding the CommSec share trading app to the… Read more »
Enterprise software startup Clear Dynamics has raised $35 million (USD$25 million) in Series B funding. The round was co-led by Colinton Capital Partners and OIF Ventures, alongside new investment from family offices and private investors. The Melbourne venture, which has seen its customer base grow four-fold in the US and Australia over the last year… Read more »
Sydney-based voice communication platform, Curious Thing has raised $7 million in pre-series A funding. The round led by private investment firm Hawkstone, supported by Blacksheep Capital and January Capital, with existing investors, Westpac’s VC fund Reinventure, and Qualgro, returning after backing a $1.5 million round in 2019. The cash injection will be used to help the… Read more »
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