Brisbane fintech Paypa Plane, which is at the forefront of instant payments, has raised $10 million in a Series A. The round was led by the Queensland Investment Corporation (QIC) through the government’s $100 billion Business Investment Fund, with support from payments platform Cuscal, Mastercard and Queensland VC Sprint Ventures. Paypa Plane is hoping to… Read more »
A team of University of Queensland (UQ) engineers who designed a sustainable and affordable 3D-printed rocket engine has won two awards for their invention Herik Labs won the Entrepreneur of the Year and People’s Choice awards at the UQ’s Ventures ilab Accelerator Pitch Night for their oxygen and hydrogen-powered engine. Made in a fraction of… Read more »
Goondiwindi-based businesswoman Julia Spicer has been appointed Queensland’s new Chief Entrepreneur. She will step into the year-long voluntary role, taking over from Wayne Gerard, next month. The appointment by Premier Annastacia Palaszczuk comes as the state turns its attention to hosting the Olympic Games in 2032 and the opportunities it provides for innovation and business.… Read more »
Brisbane turns its attention to tech this week with a series of events celebrating the best of Queensland fast-growing tech and startup sector. The week-long Something Fest, Queensland’s digital, innovation and technology festival, kicks off on Monday with the Something X, an all-day conference organised by the Queensland Chief Entrepreneur that brings together globally renowned… Read more »
Sir Richard Branson’s Nasdaq listed rocket launch company, Virgin Orbit, is setting up shop in Toowoomba, 100km west of Brisbane, taking up an offer to establish its third global launch site from local entrepreneurs the Wagner brothers. Virgin Orbit (Nasdaq: VORB) has signed a Memorandum of Understanding with ASX-listed Wagner Corporation (ASX: WGN), which operates… Read more »
The Queensland Government has earmarked $142 million for a new tech roadmap designed to drive innovation in the decade leading up to the 2032 Olympic Games in Brisbane. Premier Annastacia Palaszczuk said that the new Advance Queensland – Innovation for a Future Economy 2022-2032 roadmap builds on the success of our existing Advance Queensland innovation… Read more »
The horror of finding a mountain of plastic, rubbish and debris at Everest Base Camp motivated young Gold Coast entrepreneurs to return home and tackle world pollution with a clean sheet. For Gold Coast identical twins Brodie and Roger Cook, taking on the enormity of world pollution meant starting small. “We saw a problem, we… Read more »
Scale Investors co-founder Susan Oliver has been named the Angel of the Year in Techboard’s annual Australian Angel Awards. Oliver, who early this year stepped away the governance side of Scale to chair the Alice Anderson Fund, the Victorian government’s sidecar fund, was a worthy recipient accord to Angel Awards founder and Techboard co-founder Rafael… Read more »
A Queensland dinner party marketplace that matches hosts with caterers – from chefs and talented home cooks – has raised $600,000 in seed funding. Brisbane-based ACAC Innovation led the raise with the FNQ Angels and the Queensland Government’s Business Development Fund as co-investors. It’s the second time FNQ Angels has supported the regional startup, having tipped… Read more »
Queensland is building an artificial intelligence (AI) hub in Brisbane and one of its first tasks will be looking at how AI can help tackle coronavirus. The AI Hub is based at Queensland government’s innovation and investment hub, The Precinct in Fortitude Valley, as part of a multi-million dollar expansion of the site in the TC Beirne… Read more »
Queensland Premier Annastacia Palaszczuk has announced a $4 billion economic stimulus package as the state prepares to close its borders to non-residents from midnight Wednesday. Queensland reported a further 78 cases of COVID-19 today, the majority in the state’s south-east corner. Included in the Premier’s stimulus package is $1.2 billion to ramp up the state’s… Read more »
Starts at 60, Australian media website and e-commerce platform for Baby Boomers, is taking its startup smarts global, after winning the Australian regional championship of the Startup World Cup. The Brisbane-based company will compete against the world’s most promising ventures at the Sgrand finale in San Francisco on May 15-17.
Gold Coast entrepreneur Sharine Duran wants to connect shoppers to those hard-to-find funky brands with her startup Adzurra, an app-based marketplace allowing users to shop from global boutiques.
WeWork has continued its Australian expansion, today officially opening its first Brisbane location, with the likes of Deliveroo and Zomato already moved in.
MyMedKit was founded with the aim of simpiifying healthcare. As founder Joe Zhou put it, “People should be able to access medicines while sick at home with a touch of a button.”
Link-in-bio startup Linktree slashes local jobs again, shedding 27% of ANZ workforce
‘AI isn’t the only revolution underway’: Visiting Entrepreneur Program explores new tech crossroads
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