Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership

- April 19, 2024 2 MIN READ

Less than three years after listing on the US Nasdaq, Brisbane-based electric vehicle charging company Tritium has been placed in receivership in a spectacular collapse for the 23-year-old business. McGrathNicol Restructuring has appointed partners Shaun Fraser, Katherine Sozou, Matthew Hutton and Jamie Harris as receivers of Tritium DCFC Ltd (Nasdaq: DCFC), less than a day… Read more »

Toby Thomas-Smith and the startup's 6th , Caitlin Emiko

Blackbird-backed Kiki’s cofounder is now rebuilding the short-term rental startup one coffee at a time

- April 17, 2024 3 MIN READ

The New York-based cofounder of New Zealand subletting startup Kiki, Toby Thomas-Smith, is blunt in his own performance assessment. “When we launched last year I fucked up,” he’s written on LinkedIn, after the business shuttered its New York launch after 3 months, only to revive it late last month amid controversy over plans to… Read more »

StartSomeGood cofounder Tom Dawkins

More gooder: social enterprise platform StartSomeGood acquired by EnergyLab cofounder Piers Grove

- April 11, 2024 2 MIN READ

StartSomeGood, the pioneering platform helping social entrepreneurs succeed, has been acquired by social innovation business General Good, founded by media entrepreneur Piers Grove. StartSomeGood CEO and cofounder Tom Dawkins said the strategic move will continue the commitment he started 13 years ago to building a social entrepreneurship movement, partnering with circular economy accelerator Boomerang Labs under… Read more »

The Daily Edited

The retailer that bought luxury fashion startup The Daily Edited from voluntary administrators 15 months ago went into VA today

- April 4, 2024 2 MIN READ

Monogramed luxury fashion startup The Daily Edited (tde.) is back in voluntary administration, just 15 months after the brand was sold to former Myer boss Bernie Brookes. Marquee Retail Group (MRG), which scored tde.’s flagship store in Sydney’s Queen Victoria Building, when it bought the 10-year-old business in December 2022, handed the books to administrators… Read more »

CEO and founder Olympia Yarger

CSIRO is spending $20 million to help up to 750 startups and small businesses dive deeper into R&D

- April 3, 2024 2 MIN READ

National science agency CSIRO has allocated $20 million towards supporting startups and smaller companies with greater access to vital research and development (R&D) opportunities to accelerate their growth. Up to 750 small to medium enterprises (SMEs) will be supported under the banner of SME Connect via programs that provide facilitation, training, dollar-matched funding and support… Read more »


Canva gobbles up UK rival Affinity in its biggest spend yet

- March 26, 2024 2 MIN READ

Design software platform Canva is fattening up for its public listing in 2026, acquiring UK professional graphic design and photo editing software business Affinity for an undisclosed sum. It’s believed to be the biggest outlay yet by Canva in a string of merger and acquisition deals in recent years, including fellow British data startup Flourish in… Read more »


Culture Amp acquires people analytics platform Orgnostic

- March 22, 2024 2 MIN READ

Employee experience platform Culture Amp is acquiring a Serbian people analytics startup to broaden its capabilities The cost of the deal with Orgnostic, founded in Belgrade in 2019, was not disclosed. The analytics platform combines fragmented HR data to give leadership teams rapid insights into how their workforce is tracking. That data will be plugged… Read more »

Cliff Obrecht, Melanie Perkins

Canva cofounder says Australian investors don’t understand tech and that’s why they’re listing in the US

- March 18, 2024 2 MIN READ

The public listing of Canva will most likely happen in 2026 and won’t be on the ASX because Australia is a small market, according to the design software’s cofounder Cliff Obrecht. The husband of CEO and cofounder Melanie Perkins, named the 10th richest person in Australia, alongside his wife, with a combined wealth of $10.92 billion,… Read more »

hostplus, Sam Sicilia

‘No superannuation fund has done more’: Hostplus fires back on Employment Hero founder’s ‘tirade’

- March 13, 2024 3 MIN READ

Hostplus says Employment Hero CEO Ben Thompson wants them to “pay to play” to promote the super fund on the employee platform, but they’ve turned it down because it’s “undisclosed advertising”. In a statement to Startup Daily in the wake of Thompson publishing the letter from Hostplus to fellow investor, VC fund Airtree, which called… Read more »

Adrian Knack

Queensland renewables startup Redback Technologies placed in voluntary administration

- March 11, 2024 < 1 MIN READ

Brisbane solar battery startup Redback Technologies has handed its books to voluntary administrators. McGrathNicol were appointed administrators of Redback Operations Pty. Ltd on March 5, as the company was in Sydney exhibiting at the Smart Energy Expo. Redback continues to trade as the administrators seek expressions of interest for the sale or recapitalisation of all… Read more »