Ahead of Startmate Demo Day on May 2 in Sydney at Blackbird’s Sunrise, Startup Daily is profiling the 10 startups involved. Today it’s Everbility, which is using AI to cut the admin for allied health workers. When Angela Mariani and Mani Batra went on their first date in 2020, their shared passion for startups had them seeing… Read more »
Healthcare startup Mentwell and the Love Out Loud Foundation have joined forces to raise and distribute support to the victims, families and others feeling the impacts of the Westfield Bondi Junction attacks on April 13, which saw six people die. Mentwell, offers digital gift cards for health and wellness services. Love Out Loud Foundation is a… Read more »
Online share trading platform Superhero has cut its brokerage fee on ASX trades up to $20,000 from $5 to just $2. The 60% reduction in the digital trading platform’s brokerage fee undercuts rival Stake, which charges $3 for ASX trades up to $30,000. Superhero charges a 0.01% fee for trades over $20,000. The Superhero-branded app… Read more »
Sydney startup Diraq appears to have cracked one of the many challenges facing the future success of quantum computing – an absolute zero operating temperature Diraq has demonstrated its spin-based quantum processors operating at temperatures 20 times warmer than previously demonstrated while maintaining stability and high accuracy, with the results published in a peer-reviewed study in… Read more »
Women launching startups in South Australia will have access to government funding in a new grants program launched at _SOUTHSTART in Adelaide today. The Fearless Innovator Grants Program will offer funding to women-run early stage startups. The Malinauskas government has committed $110,000 from the Research and Innovation Fund to support Women in Innovation (WINN) to… Read more »
The University of South Australia’s Innovation & Collaboration Centre (ICC) and Australian Centre for Business Growth (AuCBG) are collaborating to offer space startups a fully funded scaleup program that includes $10,000 in equity-free funding The six-month Growth Ramp scaleup program is being backed by the South Australian government and will support later-stage startups that have… Read more »
Dispelling the myths that sustainability is too pricey or difficult for small businesses to implement, a free digital masterclass next week will sort fact from fiction. Startup Daily’s sister publication Kochie’s Business Builders and cleantech startup Greener for Business are inviting startups to join the charge and discover how to tackle your net zero emissions… Read more »
ASX-listed Earlypay is acquiring invoice financing fintech Timelio in a deal that delivers a major haircut for the startup’s investors. The Melbourne fintech provides invoice and trade financing to Australian SMEs, but appears to have been on a downward trajectory for more than 12 months. Cofounders Charlotte and Andrew Petris left Timelio in mid-2022. Charlotte… Read more »
UNSW Founders held its annual 10x Demo Day this week with 25 startups taking part, spanning programs focused on synthetic biology (synbio), climate, health, defence and an all-industries cohort that includes the crowd-lending impact platform LendForGood. The Climate 10x Accelerator was set up as part of the $280 million Trailblazer for Recycling and Clean Energy (TraCE)… Read more »
Getting the right technology and expert advice has brewed success for Perth-based coffee roasting company and online retailer Grouch & Co. Renata Taylor’s grandma was quite the legend. Picture this: a Croatian immigrant in Australia, roasting coffee beans over a stovetop in her kitchen, and then throwing them across a table with newspapers to cool… Read more »
Pioneering brewery management software start-up Abbl is recipient of unicorn status Scalapay’s inaugural $10,000 Scale Up Scholarship Quiet Australian fintech Scalapay has launched a new $10,000 scholarship program to support founders as they take their startup to the next level. The Wollongong-headquartered buy now pay later (BNPL) became a $1 billion+ valuation “unicorn” in 2021 after… Read more »
Australia’s newest biotech incubator, Jumar Bioincubator, is seeking expressions of interest from early-stage biotech to be part of the Melbourne-based program. The $30 million incubator will connect early-stage and scaling biotech ventures with state-of-the-art facilities, infrastructure, and support to turn ideas into treatments and commercialise medical research. Jumar is a mountaineering technique where climbers receive… Read more »
Biotech incubator CUREator has allocated $12 million in venture funding to 19 projects focused on a range of global health issues, ranging from treatments for lupus, motor neurone disease, brain and ovarian cancer, and inflammatory bowel disease, as part of its second cohort. Backed by the federal government’s Medical Research Future Fund (MRFF), which invested… Read more »
Electric vehicle sales are surging. Australian sales doubled in 2022 to 3.8% of all new vehicle purchases, and were up 780% in the first two months of 2023 compared to a year ago. In the United States, Europe and China, the market share of electric vehicles is much higher, helped by greater government support. As… Read more »
ASX-listed regional airline REX has taken a 20% stake in electric passenger planes startup Dovetail Electric Aviation. The terms of the deal were not disclosed. A REX board member will join the Dovetail board. The investment follows a collaboration partnership struck last year with REX, which provided Dovetail with a Beechcraft King Air as flying… Read more »
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