Amy-Rose Goodey
Other

Blockchain Australia rebrands as Digital Economy Council of Australia amid refocus

- June 13, 2024 2 MIN READ

A decade and three bitcoin halvings later, industry association Blockchain Australia has rebranded to the Digital Economy Council of Australia (DECA). ​The change comes amid a restructure of DECA, with CEO Simon Callaghan departing and former chief operating officer Amy-Rose Goodey taking the lead as managing director. Speaking at the annual Blockchain Week gathering in… Read more »

Prof Andrew Dzurak
Other

HOT STUFF: Sydney quantum computing startup Diraq gets processors to work in warmer temps

- March 27, 2024 2 MIN READ

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 »

Susan Close
Other

South Australian government backs women with female-founded business grants

- March 6, 2024 2 MIN READ

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 »

Kids on bike with rockets
Other

University of South Australia is offering a scaleup pathway for space startups that includes $10,000 equity-free

- January 29, 2024 2 MIN READ

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 »

tom ferrier
Climate Tech

LEAN, GREEN AND FREE: The masterclass you need to cut costs and carbon emissions

- November 10, 2023 2 MIN READ

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 »

Earlypay CEO James Beeson
Other

ASX-listed Earlypay to acquire Melbourne fintech Timelio for $3 million – a quarter of the $12.5m investors poured into it

- November 7, 2023 2 MIN READ

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 »

Shawn Kook
Other

Here are the five amazing startups to emerge from UNSW’s Climate 10x accelerator program

- October 30, 2023 2 MIN READ

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 »

Scalapay cofounder Johnny Mitrevski with Abbl cofounders Lucy Timpano and Phil O’Shea
Other

Wollongong fintech Scalapay launches $10,000 scholarship, with brewery software startup Abbl as the first recipient

- September 6, 2023 2 MIN READ

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 »

Sally-Ann Williams
Other

A new Melbourne biotech incubator is on the hunt for startups with $70 million on the table

- June 29, 2023 2 MIN READ

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 »

Dr Amanda Vrselja
Other

Biotech incubator CUREator tips $12 million into 19 startups tackling global health

- June 2, 2023 3 MIN READ

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 »

Dovetail electric plane
Other

Australia’s third airline, Rex, bets on electric planes, taking a 20% stake in aviation startup Dovetail

- April 17, 2023 2 MIN READ

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 »

Other

NSW follows federal lead in banning TikTok on government devices as Premier Chris Minns deletes his account

- April 6, 2023 2 MIN READ

New NSW Labor premier Chris Minns has deleted his TikTok account as the state follows in the footsteps of federal Labor in banning the Chinese-owned social media app on government-issued devices.  Minns said the decision follows advice from the Commonwealth. On Tuesday federal Attorney-General Mark Dreyfus issued a directive to remove the TikTok app from… Read more »