Some of America’s most profitable tech companies have seized on their chance to join US president Donald Trump’s global trade war arguing that laws and taxes in other nations are costing them money. Industry lobby group the Computer & Communications Industry Association (CCIA), which represents Amazon, Apple, Meta, Google and Elon Musk’s X, among others,… Read more »
Is the title “founder” this decade’s version of wanting to be a Masterchef or influencer? Startup 360 cohost Kayla Medica has a theory. “So many people now have glamourised being a founder, being an entrepreneur, that there’s a whole host of people who just start businesses with that in mind, and they’re not actually starting… Read more »
The founder of fintech PocketSmith believes ordinary Australians should be prioritised by the federal government through the Consumer Data Right (CDR) to address cost-of-living pressures. The call, by cofounder and CEO Jason Leong, follows a record 859 pre-Budget submissions to the Commonwealth Treasury, up from 789 last year, with more than a quarter highlighting the… Read more »
Victorian climate tech startup Phnxx has raised $1.8 million in Seed funding to scale its modular energy system for the construction, mining and agriculture sectors. The round was supported by ASX-listed engineering company Synertec, ENGIE Factory, deep tech VC Pacific Channel, LaunchVic’s Hugh Victor McKay Fund and several angel investors. Synertec has partnered with the… Read more »
A defence technology startup that helps analyse visual surveillance systems from drones and other optical systems has raised $5 million in new funds from its existing backers. Main Sequence, Salus and Beaten Zone Venture Partners wrote fresh cheques following on from a $4.5 million Seed round in December 2023. Defence expert Simon Olsen cofounded Arkeus… Read more »
WiseTech Global’s founder and newly appointed board chair Richard White “made inaccurate and incomplete disclosures concerning the nature and duration of his relationship” involving two employees, but has pledged to do better, an ongoing report into his behaviour as the former CEO has found. Releasing a 9-page update to the ASX, WiseTech said the board… Read more »
Social media giant Meta is attempting to lessen the impact of a tell-all memoir by its former director of global public policy Sarah Wynn-Williams, titled Careless People, which the company alleges is “defamatory”. Meta won an emergency arbitration ruling in the United States on Wednesday, where an absent Wynn-Williams was ordered to temporarily stop personally promoting… Read more »
US-based former Australian transport management scaleup BetterFleet has raised US$15 million (A$23.7m) in a Series A. The round was led by US funds Aligned Climate Capital, Ecosystem Integrity Fund (EIF), and Remarkable Ventures Climate (RVC). BetterFleet was cofounded in Sydney by CEO Daniel and Nick Butlin as EVenergi in 2016. The software startup kicked off… Read more »
Within six months, I bootstrapped my startup to 1.4 million users. Two years later, our software is used by 16 million people worldwide Venture capitalists scoffed when I said I was self-funding (bootstrapping) my new artificial intelligence startup. Other industry veterans I spoke with said competing without a fair whack of VC dollars was a… Read more »
When two junior employees bump into each other in the corridor and start chatting about their manager’s overbearing manner, it’s typically considered gossip. But what about when two managers have an off-record catch-up to discuss an under-performing employee? Both scenarios meet traditional definitions of gossip – the information being shared is about other people, the… Read more »
UNSW chancellor David Gonski and Simon Sheikh’s impact investment fintech Future Super are among the investors in a new US$100 million fund to back artificial intelligence (AI) startups. King River Capital said it’s nearing the final close of its latest A$157 million fund, which continues its ongoing strategic focus on AI-driven software startups both here… Read more »
In a world where technology and innovation drive rapid change, young people need more than academic knowledge to thrive. They need an entrepreneurial mindset, the ability to see problems as opportunities, to think critically and creatively, work collaboratively, and adapt to change. These are not future skills, they are now skills, with flexibility, resilience, agility… Read more »
FinTech Australia is calling for an urgent recalibration of Research and Development tax incentives (RDTI) and the Early Stage Venture Capital Limited Partnership (ESVCLP) Program in its submission to treasurer Jim Chalmers ahead of the federal budget next week The peak body’s 21-page pre-Budget submission makes 11 recommendations to Treasury, arguing that with the right… Read more »
Lee Hickin, Microsoft’s artificial intelligence policy lead for Asia, has departed the tech giant after more than six years to become the new director of the National AI Centre (NAIC). The NAIC was established in 2021 to support and accelerate Australia’s AI industry. Its inaugural director, Stela Solar, herself a former Microsoft executive, stepped down… Read more »
A B2B platform enabling financial advisers to securely access, trade, and manage digital assets on behalf of their clients has raised $2.3 Million in a pre-Series A. Digital currency exchange BetterX provides institutional-grade infrastructure for tokenisation, trading, and portfolio management, and the round was supported by existing backers Aura Group and Tibra cofounder Kinsey Cotton,… Read more »
How I bootstrapped my startup in just 2 years to 16 million users 
King River Capital is building a $157 million sixth VC fund to back AI 
King Richard: WiseTech Global review says founder promises to do better on ‘unacceptable’ conduct 
Worker credentials platform MyPass clocks on with $7.5 million Series A 
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