An economic downturn has curtailed the “stupid” investment environment of the last two years that saw Australian founders raising too much money with unrealistic valuations, according to the co-founder...
Startups
Posted on
| by Brandon How
An early-stage venture capital model for Western Australia will be developed by the state government in a bid to identify VC interest and boost funding available to local scale-ups...
Posted on
| by Brandon How
Western Australia’s 10-year innovation strategy has been welcomed by local tech and startup groups, but work remains to ensure it is backed by sufficient funding and supporting initiatives in...
Posted on
| by Joseph Brookes
Low-cost green hydrogen, construction site dust monitors, AI-based crop prediction software and a connected vehicles platform are among the solutions to receive support from the New South Wales government’s...
Posted on
| by Joseph Brookes
The next round of the New South Wales small business innovation program is offering $12 million for local companies to solve the government’s problems with biosecurity, road safety, and...
Posted on
| by Brandon How
Regional businesswoman and Order of Australia recipient Julia Spicer has been named Queensland’s new Chief Entrepreneur, replacing incumbent chief Wayne Gerard in the voluntary role. Ms Spicer, who is...
Posted on
| by Joseph Brookes
A startup that uses a plastic-eating enzyme to make material “infinitely recyclable” has raised $54 million a year after being spun out of the Australian National University. Samsara Eco...
Posted on
| by Joseph Brookes
The Victorian government’s $29 million investment in a foreign quantum company has surprised the local sector and was made without consulting the federal agencies in charge of the national...
Posted on
| by Brandon How
The Albanese government’s first Budget was positively received by a cross section of stakeholders in the startup community despite a lack of detail on the $15 billion National Reconstruction...
Posted on
| by Joseph Brookes
Deep tech startups will next week have access to free commercialisation training and a chance at a six-month incubator residency under a New South Wales government-funded program designed and...
Posted on
| by James Riley
A cloud-based medical imaging startup from Canberra has been named Startup of the Year at the Australian Information Industry Association’s annual iAwards program. Aurabox was founded by chief executive...
Posted on
| by Brandon How
Science and Industry Minister Ed Husic is working with his Singaporean counterpart on an initiative to facilitate greater collaboration between startups across the two countries, as he highlighted the...
Posted on
| by Joseph Brookes
Sydney AI startup HIVERY was named the NSW Exporter of the Year on Wednesday night in recognition of its innovative retail software now shipping around the world. The company...
Posted on
| by Justin Hendry
The Queensland government will make $24 million in seed funding available to startups operating in the sunshine state through a newly-created Enterprise Acceleration Fund. The $24 million fund, unveiled...