It started out as a simple idea that, on paper at least, seemed easy to execute: put recyclables into special bins to reduce landfill. But humans being human has turned recycling into a massive problem, with contamination – ie. rubbish – being put in recycling bins, which leads to the entire contents ending up in… Read more »
New Zealand carbon credits assessment startup CarbonCrop has raised an additional NZ$1.9 million (A$1,73m) ahead of a Series A later this year. The round led by WNT Ventures, which previously backed its $1.5 million Seed raise in 2020. Also signing on now are the Impact Enterprise Fund, K1W1 and Icehouse Ventures Climate Fund. The startup launched… Read more »
Acoustics data startup Ping, which monitors the sounds from wind turbine blades to detect problems and prevent damage, has cracked the Scandinavian market with its groundbreaking ice detection system The Adelaide startup developed the solar-powered Ping Monitor to analyse the sound generated by turbine blades as they rotate, delivering real-time data from any device remotely… Read more »
National startup and scaleup hub Stone & Chalk Group has become carbon neutral and is now on a drive help other companies achieve the same goal with support from software venture Trellis. Stone & Chalk Group CEO Michael Bromley said climate change and net-zero commitments are reshaping Australia’s corporate landscape, with leading tech companies such… Read more »
The latest report from the Intergovernmental Panel on Climate Change (IPCC) — which one of us (Arunima) contributed to — has emphasised the need for enormous change if we are to keep within the 1.5℃ warming limit. This Paris Agreement goal is currently beyond our reach. Achieving it would require drastic emissions reductions across all… Read more »
Consultancy giant KPMG Australia is offering a $100,000 prize to a startup working on tech solutions to address nature and biodiversity-related problems as part of a new program. The KPMG Nature Positive Challenge is designed to encourage and support the growth of the nation’s most innovative startups and impact ventures in the eco space. The… Read more »
OK so I need to address it, and here are my thoughts on that slap! The slap that is the Climate Change crisis unfolding in front of our eyes. It’s shocking and it’s causing irreparable damage. The Great Barrier Reef is suffering its fourth mass bleaching since 2016 Antarctica recorded a new World Record for… Read more »
Unless you’ve been under a fossilised rock, you’ve heard about Mike Cannon-Brookes’ and the Canadian investment fund, Brookfield’s takeover bid for AGL. Would love to be a fly on the wall at AGL’s next shareholder meeting when they explain why they knocked back an offer that represented a 20% premium and avoided a “potentially value… Read more »
Welcome to Giant Leap’s Small Steps, a newsletter offering global insights and news on the impact startups landscape. We share an edited version with Startup Daily readers every fortnight. Giant Leap is Australia’s first impact venture fund, and they use this newsletter to surface the ideas and businesses that intrigue and inspire them and broaden… Read more »
It’s been a big year for climate tech startups as momentum towards net zero carbon emissions takes on greater urgency around the world. To celebrate what’s been achieved locally, the inaugural Australian and New Zealand Climate Tech Awards are being held in Sydney this Thursday, December 9. The awards are being presented by the region’s… Read more »
It looks like we need a miracle to avoid climate disaster. Yet, I believe we can do it. With the combination of 10 powers. Here is how. The Problem The tremendous economic growth we’ve experienced over the last 200 years has come at the cost of the environment. We’ve produced power and polluted the skies, rivers,… Read more »
Sydney startup innovation hub Fishburners is celebrating 10 years since it first launched with a new awards program called Tech for Good. The awards, backed by the NSW government through Investment NSW, span six categories including climate action, social justice, disability, diversity and inclusion. They’ll recognise early-stage ventures that are using technology to make a… Read more »
For the past month, climate change has taken centre stage as media globally reported live from COP26. Don’t believe me? Google “COP26” and you’ll get 2,780,000,000 results in just .57 seconds. The summit ended last week and so, naturally, media coverage will start to taper. The danger, however, is that while the rhetoric has ended;… Read more »
A Tasmanian startup pioneering the commercial production of a seaweed that has the potential to dramatically cuts methane emissions from livestock has won the Ocean Impact Pitchfest 2021. Sea Forest impressed the judges from among more than 200 applications from 45 countries. The runner up is Saathi, an Indian startup improving the lives and livelihoods… Read more »
Atlassian co-founder Mike Cannon-Brookes and his wife Annie have turned their private investment firm, Grok Ventures, into the country’s first $2 billion venture capital fund with a pledge to invest that figure into climate change-focused companies. Cannon-Brookes, estimated to be Australia’s third richest person with a personal fortune of around $33.5 billion, went public today… 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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