SupplyScope cofounders Raman Singh, Reinaldo Lie and Preet Singh.
Funding

Product development startup SupplyScope lands $300,000 pre-Seed from Skalata

- May 9, 2024 2 MIN READ

SupplyScope, a product development startup dealing with regulatory compliance and safety to get to market faster, has raised $300,000 from early-stage investor Skalata. The challenge faced by product suppliers is that takes months of testing and paperwork to get to market. As a result, many have bypassed larger stockists by selling direct-to-consumer and via online… Read more »

data in glasses, surveillance
Cyber security

A coder put a massive flaw in Linux for hacker access. Here are the lessons learned

- April 8, 2024 4 MIN READ

Outside the world of open-source software, it’s likely few people would have heard about XZ Utils, a small but widely used tool for data compression in Linux systems. But late last month, security experts uncovered a serious and deliberate flaw that could leave networked Linux computers susceptible to malicious attacks. The flaw has since been… Read more »

Funding

Banking fintech Constantinople pockets $50 million Series A

- April 2, 2024 < 1 MIN READ

Banking-in-box fintech Constantinople has raised $50 million in a Series A. The round was led by Dutch internet investment firm Prosus Ventures, with support from existing Australian backers Square Peg and AirTree. The Sydney startup, founded in 2022 by former Westpac managers Macgregor Duncan and Dianne Challenor, previously raised US$23 million (A$32m) in a Seed… Read more »

Semiconductor lab, science, production, PC mainboard
Global tech

Climate change is a massive threat to semiconductor manufacturing. Here’s why

- March 28, 2024 4 MIN READ

Semiconductors are the basic building blocks of microchips. These technological marvels are in everything from lightbulbs and toothbrushes to cars, trains and planes, not to mention the vast array of electronics that have become integral to many people’s daily lives. The 21st century chip manufacturing industry has been described as “at least as significant geopolitically… Read more »

Octopus Deploy, Sonia and Paul Stovell.
Business

Queensland quiet software giant Octopus Deploy snaps up US rival for $43 million

- February 27, 2024 3 MIN READ

Brisbane enterprise software scaleup Octopus Deploy has acquired a US rival, Codefresh, in a deal worth reportedly worth US$28 million (A$42.6m). It’s the first major acquisition by the quiet achiever of the Queensland tech scene, one of the largest privately-held companies in the DevOps ecosystem. While no figure was mentioned in the announcement, media reports… Read more »

An artist's impression of the rooftop garden at Atlassian Sydney HQ, currently under construction and made from hybrid timber.
Funding

Aconex cofounder and Bluescope back $1.5 million Seed round for proptech software

- October 10, 2023 2 MIN READ

BlueScope Steel’s venture capital arm, BluescopeX, Aconex cofounder Rob Phillpot’s Gravel Road, and Archangel Ventures have co-led a $1.5 million Seed round for a Melbourne proptech software startup that educates commercial builders on the benefits of engineered timber for commercial construction. The raise for CLT Toolbox was also supported by Flying Fox Ventures and Dan… Read more »

Gridmo
Funding

Grok Ventures backs renewable energy startup gridmo in $500,000 pre-Seed raise

- October 9, 2023 2 MIN READ

A renewable energy software startup to emerge out of the Startmate program has raised $500,000 in its first external round. Power systems engineers Jarman Stephens and Damien Vermeer cofounded gridmo earlier this year to fast track renewable energy grid connection studies. It was built to MVP in Startmate’s summer 23 cohort. The raise was led by the… Read more »

WiseTech Global founder and CEO Richard White
Business

Software logistics giant WiseTech acquires shipping container marketplace MatchBox Exchange

- October 5, 2023 2 MIN READ

ASX-listed WiseTech Global is back in acquisitive mode, snapping up Melbourne shipping container marketplace  MatchBox Exchange. While the cost of the acquisition was not disclosed WiseTech (ASX:WTC) announced it had issued 445,769 new shares, worth around $27.6 million, “to the vendors to part-fund the consideration in relation to the acquisition of MatchBox Exchange”. MatchBox Exchange… Read more »

Harry Wilde, Matt Whiting, and Matt O’Halloran
Funding

Kiwi procurement software startup banks $2.2 million in pre-Seed round

- May 15, 2023 2 MIN READ

New Zealand procurement startup Cotiss has raised $2.2 million in pre-Seed funding. The round led by Blackbird Ventures, supported by Icehouse Ventures, AfterWork Ventures, Phase One, and Co-Ventures. Cotiss is looking to help small and medium-sized procurement teams with simple, intuitive software that improves efficiency and saves money for organisations in high regulation and compliance industries… Read more »

Sumday, Danny Hoare, Jessica Richmond, Lindsay Ellis
Funding

Canva’s Cameron Adams backs Tasmanian carbon accounting startup Sumday in $2 million Seed round

- March 7, 2023 2 MIN READ

Tasmanian accounting software startup Sumday has raised raised $2 million in a pre-Seed round as it looks to expand globally. The raise was backed by VC funds Blackbird and Possible Ventures, as well as Canva cofounder Cameron Adams and Lisa Miller, CEO of Wedgetail Ventures. Sumday gives accountants and bookkeepers the ability deliver non-financial accounting… Read more »

Marcello La Rosa
Funding

Salesforce backs Melbourne Uni spinout in $15.8 million Series B

- December 6, 2022 2 MIN READ

A startup spun out of Melbourne University to help companies improve their processes has raised US$10.3 million (A$15.8m) in a Series B. Apromore enables business teams to quickly visualise and analyse their processes to unlock value or identify strategies for transformation or optimisation. The raise was backed by Salesforce and  German software vendor GBTEC, which also… Read more »