National startup and scaleup hub Stone & Chalk Group has become carbon neutral and is now on a drive help other companies achieve the same goal with support from software venture Trellis. Stone & Chalk Group CEO Michael Bromley said climate change and net-zero commitments are reshaping Australia’s corporate landscape, with leading tech companies such… Read more »
Melbourne “hype commerce” startup EQL has raised A$25 million to help retailers manage the launch of high demand products. The round was led by New York software investor Insight Partners and local VC AirTree Ventures. Other backers include market leaders in digital commerce, platforms and fan engagement including Guillaume Pousaz’s Zinal Growth, Harry Stebbings’ investment… Read more »
Peak body the Australian Information Industry Association (AIIA) wants to government formed after the May federal election to create a new Cabinet level Minister for the Digital Economy. AIIA CEO Ron Gauci said technology is an essential driver to economic growth, creating jobs and making the nation globally competitive. While the Morrison government already has… Read more »
Tax office audit insurtech AuditCover has raised $1.7 million in a Seed round led by Hunter Equity Group. Other strategic investors included local angel investors Ron Lesh of BGL) and Guy Pearson of Ignition, as well as Nasda-listed global reinsurance business Greenlight Re. Founder and CEO Gil Snir has built AuditCover as an insurance distribution… Read more »
New York private equity firm Insight Partners has once again backed New Zealand legal tech startup LawVu in a $NZ20 million (A$18.4 million) top up to last year’s Series A. Sydney VC AirTree Ventures also once again chipped in, having invested in last August’s A$16.2 million Series A, as well as a A$2.3 million pre-series… Read more »
Sydney media startup Ukufu, a AI-powered news content aggregator, is on a rapid rise with more than 50,000 users downloading the Android to stay up to date with what’s happening in the world. Founded by Kevin Garber in 2019, Ukufu.com (pronounced oo-koo-foo), whose previous startup was the Twitter management platform Manageflitter, was inspired by Spotify, how… Read more »
The first thing you need to know about New Zealand is that sheep are not its biggest export. Or Hobbit movies. It’s dairy, worth around NZ$16 billion – nearly 30% of the nation’s export income. The second thing you should know is that the tech sector is no 2 after dairy as a source of… 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. The big tech news this week involves expat Australian entrepreneur Domm Holland and the failure of his… Read more »
Canberra tech scaleup Instaclustr is being acquired by US software giant NetApp. The terms of the deal have not been disclosed, but it’s believed to be worth more than $500 million. The exit comes 9 years after the cloud-based Internet solutions platform was co-founded by Ben Bromhead, Adam Zegelin, Peter Lilley, and Doug Stuart ANU,… Read more »
While many worry that they’re going to lose their job to a robot in the years ahead, that’s already happening in an area few suspected: social media influencers It seems the age of the Kardashians is waning, replaced by artificial intelligence and digital influencers embraced by those under their influence. New research, led by Swinburne… Read more »
Auckland-based VC Icehouse Ventures has raised its first NZ$5 million towards a $20m target to invest in women-led startups. The new ArcAngels Fund II is Aotearoa’s largest fund investing exclusively in female-founded and led ventures. Theresa Gattung, Chair of Global Women and the Kiwi lead for women entrepreneur initiative SheEO, is a cornerstone investor in… Read more »
Perth-based startup LatConnect 60 (LC60), an Earth observation and data fusion company, is partnering with Queensland rocket company Gilmour Space Technologies, in a project to to build and launch the first microsatellite in a planned high-resolution hyperspectral imaging constellation. LC60 CEO and founder Venkat Pillay, and Gilmour Space’s Adam Gilmour announced the deal at the… Read more »
NSW Treasurer Matt Kean wants to “level the playing field” for female founders when it comes to access to capital for their startups. In a speech to the COSBOA National Small Business Summit today, Keen focussed on the role of women in business, their underrepresentation “in our trades, our offices and our boardrooms” and improving… Read more »
The Canberra Cyber Hub, ACT Government and Digital Skills Organisation (DSO) have partnered together to deliver a pilot program aimed at addressing the massive shortage of a skilled workforce in cyber security. DSO CEO Patrick Kidd said the 12-month pilot will help identify which skills companies will be need on the cybersec front in the… Read more »
The Australian arm of New Zealand equity crowdfunding startup PledgeMe is back with a new name, Microwd, new owners and a new focus to back female-led startups. While the Kiwi side of the decade-old CSF venture continues, the seperate Australian business has been acquired by investment software company Finley Capital Partners, which has appointed Megan… Read more »
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Why the $2.43 billion Canva share sale is an epic moment for Australian tech 
Eucalyptus head of growth Matt Rossi departs to launch his own marketing startup, Oodle 
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