Sydney startup Heatseeker, which uses AI to simplify business idea validation and market research, has launched the alpha version of its testing platform to help founders speed up the time to product launch. Heatseeker.ai was cofounded in 2023 by serial entrepreneurs Kate O’Keeffe and Fiona Triaca. They set out to develop a way to understand… Read more »
The latest Centauri-6 satellite developed by Adelaide mining tech startup Fleet Space Technologies is now in orbit after heading skywards aboard SpaceX’s Bandwagon-1 “ridesharing” mission. The Falcon 9 reusable rocket’s payload of 11 satellites took off from NASA’s Kennedy Space Center in Florida last week. The Centauri-6 microsatellite brings Fleet Space’s constellation of low earth… Read more »
Earlier this year, Neuralink implanted a chipinside the brain of 29-year-old US man Noland Arbaugh, who is paralysed from the shoulders down. The chip has enabled Arbaugh to move a mouse pointer on a screen just by imagining it moving. In May 2023, US researchers also announced a non-invasive way to “decode” the words someone… Read more »
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Business strategy
Away from the VC mega-round headlines or the hard stories of founders who can’t raise capital at any price, is the solvable problem of how much money a new founder should raise. I’ve participated in hundreds of investments where founders have opted for different answers to this question, and watched the consequences unfold over the… Read more »
Funding
Food distribution startup Prep has raised $200,000 from Melbourne VC Skalata to connect major food retailers, corporates and restaurants with emerging food brands. Prep enables food producers and brands to efficiently scale B2B distribution – anywhere – for a low margin. The platform integrates with a producer’s existing ordering systems, and is five times more… Read more »
AI/Machine Learning
China’s Qitian Dasheng Network Technology is expanding its 72 Byte AI System for smart hotels and commercial buildings into Australia, with the help of a local AI expert. Launched in 2014 by entrepreneur Qi Wu (Allen), the Beijing and Shanghai-based company’s AI-powered IoT services are used by some of China’s leading hotel and real estate… Read more »
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