Shark Tank

Shark Tank fintips: entrepreneurs share their best advice for getting bites from investors

- March 14, 2023 5 MIN READ

Fins have emerged from the water again as Shark Tank announces its return to Australian television after a five-year long hiatus! The highly anticipated return of Australia’s beloved business reality TV show can be make or break for those businesses who get the opportunity to swim with sharks. Based on the Japanese Dragon’s Den format,… Read more »

AI/Machine Learning

From brain implants to super-intelligent humans: will we become homo ex machina?

- March 14, 2023 5 MIN READ

Most people are familiar with the deluge of artificial intelligence (AI) apps that seem designed to make us more efficient and creative. We’ve got apps that take text prompts and generate art, and the controversial ChatGPT, which raises serious questions about originality, misinformation and plagiarism. Despite these concerns, AI is becoming ever more pervasive and… Read more »

NEXL CEO and founder Philipp Thurner

Gilbert & Tobin’s former innovation boss raises $4 million for his law firm data startup

- March 14, 2023 2 MIN READ

Customer relationship management (CRM) and revenue operations software startup Nexl has raised $4 million in new capital, backed by B2B-focused VC EVP alongside follow-on funds from Vulpes and Saniel Ventures. Nexl was founded 3.5 years by Philipp Thurner, who was head of innovation at top tier law firm Gilbert and Tobin. The software platform helps… Read more »


Blackbird, Giant Leap back healthtech startup tackling chronic pain with $3.5 million raise

- March 13, 2023 2 MIN READ

Melbourne  healthtech startup, MoreGoodDays has raised $3.5 million for a digital solution to managing chronic pain.  The round was led by Blackbird, with support from impact fund Giant Leap, Side Stage Ventures, the Snow Foundation, and LaunchVic’s female-focused sidecar investment program, the Alice Anderson Fund.  Neala Fulia and Helena Ngo co-founded the healthtech platform to… Read more »

Silicon Valley Bank

Canva, Xero and Freelancer are among local tech companies with millions in deposits in failed Silicon Valley Bank

- March 13, 2023 3 MIN READ

Privately-owned design platform Canva is among multiple Australian tech companies with funds stuck in Silicon Valley Bank (SVB), which was seized by Californian regulators on Friday after customers tried and failed to withdraw an estimated US$40 billion in funds. After an anxious weekend wondering if they’d see their money again, US officials stepped in earlier… Read more »

Firefighter water bomber airplane

US Fed steps in to save Silicon Valley Bank deposits – and prevent further withdrawal runs

- March 13, 2023 3 MIN READ

The US Treasury Department has intervened to guarantee deposits following the collapse of Silicon Valley Bank (SVB) and halt broader bank run jitters. Secretary of the Treasury Janet Yellen, Federal Reserve Board chair Jerome Powell, and Federal Deposit Insurance Corporation (FDIC) chair Martin Gruenberg released a joint statement on Sunday night, US time, amid concerns of… Read more »

Silicon Valley Bank

A finance expert on what happens next after the collapse of Silicon Valley Bank

- March 13, 2023 3 MIN READ

Silicon Valley Bank, which catered to the tech industry for three decades, collapsed on March 10, 2023, after the Santa Clara, California-based lender suffered from an old-fashioned bank run. State regulators seized the bank and made the Federal Deposit Insurance Corporation its receiver. SVB, as it’s known, was the biggest U.S. lender to fail since… Read more »


Architecture platform Capsifi bolsters its leadership team with industry stalwarts

- March 12, 2023 2 MIN READ

Sydney enterprise software company, Capsifi, announced its new executive leadership team.  The company has appointed a new Chair, Andrew Barkla, CEO, Ian McAdam, and CRO, Tony Mascarenhas. Capsifi founder and former CEO Dr  Terry Roach has decided to shift his attention to the strategy and vision for product innovation. Capsifi is an architecture software platform… Read more »

national parks

8 gorgeous photos of NSW National Parks

- March 10, 2023 3 MIN READ

Who says a good story can’t begin with mountain spas, marsupials, and the Milky Way? The NSW National Parks and Wildlife Service has just wrapped up its first-ever photo competition, and some of the winning shots are nothing short of breathtaking.  From serene mountain spas to adorable marsupials and even the majestic Milky Way, these… Read more »


Golf startup Zonely launches its first event to make golf fun, accessible, and social for all

- March 10, 2023 2 MIN READ

Professional Golfers Association (PGA) champion Kel Nagle’s granddaughter, Alicia Nagle, launched her startup, Zonely, to make golf fun, accessible, and social for all players. Founder Nagle said that with Zonely, she wants to change golf’s poor brand image for golfers and people who’d like to try and become golfers.  Zonely is a golf community with… Read more »

Deer, Pamu
Food and drink

That’s nice deer: New Zealand researcher find the latest milk that’s ‘good for you’

- March 10, 2023 2 MIN READ

Move over cows, a clinical trial of older Kiwis drinking deer milk has found it’s good for their health. The New Zealand study, by Massey University and commissioned by the government-owned farming business Pāmu, found drinking the company’s deer milk improved the nutritional status, muscle mass and physical performance of women aged 65 and above.… Read more »

Cuscal MD Craig Kennedy and Basiq founder Damir Cuca

Open banking fintech Basiq sells to payments giant Cuscal

- March 10, 2023 < 1 MIN READ

Payments platform Cuscal has acquiring Consumer Data Right startup Basiq for an undisclosed sum. The deal provides an exit for investors including NAB Ventures, Salesforce Ventures and Westpac’s Reinventure, as well as Visa. The VC arms of the Australian banks first backed Basiq in 2017, doubling down in a Series A in 2021. Cuscal, owned… Read more »