Last mile delivery startup HUBBED has landed $12 million from the Australian Business Growth Fund (ABGF) in a deal that sees the big banks and government backed venture capital fund take a 30% stake in the logistics business. Amid an explosion in parcel delivery in recent years, HUBBED offers designated collection points across 2,150 convenient… Read more »
A manufacturing startup taking inspiration from the streamlined design of shark skin to reduce drag on plans has raised $5.6 million in a Seed round. The raise for MicroTau was led by the Clean Energy Finance Corporation (CEFC), chipping in $2 million, supported by Bill Tai and Amanda Terry of ACTAI Ventures and Bandera Capital. The… Read more »
Leading global thinkers and local innovators will put their heads together to debate what the future might look like for cities, technology and innovation from next week as part of the City of Sydney’s annual visiting entrepreneur program. The 10-day program, titled A Future TBD, kicks off on June 22, and features 11 future technology… Read more »
Well-known Australian retailers are using facial recognition technology to identify customers who enter selected stores, an investigation by consumer advocacy group CHOICE has found. Hardware giant Bunnings, Kmart and The Good Guys are capturing facial recognition data. CHOICE asked 25 Australian retailers whether they use facial recognition technology, and analysed their privacy policies. Those three… Read more »
What’s the secret to keeping good talent in tech right now and how fundamental are issues such as hybrid work to the future success of your startup? Creating a culture where teams actively want to be there is one of the biggest challenges tech companies face in the wake of the global pandemic. To address… Read more »
Will and estate planning startup Willed has raised $6 million as it looks to expands its services to deal with issues such as cryptocurrency. The SaaS startup’s backers include Thorney Investment Group, Ellerston Capital, Paul Dwyer, founder of PSC Insurance, and Bell Potter’s Hugh Robertson. Dwyer has joined the Willed board as a non-executive director.… Read more »
Internet of Things deep tech company Morse Micro is being backed by the NSW government to expand its work into revolutionary long-range, low power Wi-Fi in Sydney’s Tech Central as part of the Jobs Plus Program. Enterprise, Investment and Trade minister Stuart Ayres told the Investment NSW 2022 Tech Central Summit today that as the… Read more »
The new Stone & Chalk-run Scaleup Hub at Tech Central opens its doors next month in July, and has signed up 7 companies for its initial roll-out As founders think about hybrid work and how to bring their teams together Stone & Chalk Sydney General Manager Marie-Anne Lampotang said that companies looking to set up… Read more »
Schools’ use of educational technologies (edtech) grew exponentially at the height of COVID lockdowns. A recent Human Rights Watch (HRW) report has exposed children’s rights violations by providers of edtech endorsed by governments in Australia and overseas. The lockdowns have ended but edtech remains embedded in education. Children will have to navigate issues of data… Read more »
Four out of five (78%) of Gen Z workers considered moving jobs post-pandemic, a survey by rewards platform Perkbox has found. The survey of more than 1000 employee under 25 (born between 1997 and 2012) by data research firm Censuswide didn’t quite deliver a great resignation, although low unemployment and high competition for skilled workers driving… Read more »
Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has. Margaret Mead Techfugees Australia is coming back with a meetup on World Refugee Day on June 20. We’re a group of committed tech people collaborating with NGO partners like Settlement Services International (SSI)… Read more »
Precision farming is about to get a whole lot more precise with a wave of 5G technology showing economic and productivity benefits to the viticulture industry. Growers are increasingly interested in the advantages that 5G has to offer the industry by saving money, time and maximising yield. Platfarm is a spatially based tasking and GPS… Read more »
Over the next month, NASA will launch three rockets from the Arnhem Space Centre in the Northern Territory on the Dhupuma Plateau, near Nhulunbuy. The rockets are 13 metre “sounding” rockets that will not reach orbit but will take scientific observations. The launches represent a number of firsts for the Australian space industry. They also… Read more »
AI-based stormwater and sewerage pipeline maintenance software VAPAR has raised AUD$2,500,000 in seed funding for its global expansion plans. The raise was backed by LSE-listed Halma Ventures and Australian Sprint Ventures, Access Capital Ventures and Barry Winata’s Metagrove Ventures. Female engineers, Amanda Siqueira, CEO, and Michelle Aguilar, CTO, co-founded VAPAR in 2018 after witnessing first-hand… Read more »
PropHero, the AI-enabled digital property investment platform that helps people find, buy and manage investment properties, was named the Startup Proptech of the Year at the Proptech Association’s second annual Proptech Awards. It was one of several startup recognised alongside scaleup companies. The awards were held in Sydney with more than 300 people at the sold-out… Read more »
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