Main Sequence Ventures raised $450 million for its third investment fund, bringing the venture capital firm’s total funds under management to more than $1 billion for the first time....
Startups
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| by Justin Hendry
The gap between scaleup funding available in Australia compared to funding available to comparable firms in the US could reach $53 billion by 2030 without more government and international investment...
Posted on
| by Joseph Brookes
The New South Wales government will pour nearly $7 million into three local quantum spinouts to help commercialise their hardware and software. Sydney-based firms Diraq, Q-CTRL and Quantum Brilliance...
Posted on
| by Justin Hendry
At least two more industry and innovation grant programs have been impacted by the New South Wales government pre-Budget review, leading to growing calls for the programs that were...
Posted on
| by Joseph Brookes
HECS-style loans for university students to launch innovative startups will be offered from next year after legislation passed Parliament on Thursday with the support of the Greens and independents....
Posted on
| by Justin Hendry
New South Wales will get its first International Landing Pad before the end of the year, with the Minns government seeking to use it to attract new technology businesses...
Posted on
| by Justin Hendry
Victoria’s startup sector is experiencing “growing pains” after a rapid expansion over the last five years, a new report from government-backed startup agency LaunchVic and the Tech Council of...
Posted on
| by David McClure
The leading global startup ecosystem report (GSER) has been launched at The Next Web conference in Amsterdam, with Sydney retaining its place as a top 20 startup ecosystem in...
Posted on
| by James Riley
Five years after its last report, the Startup Muster has been given a massive reboot with new funding support from the NSW government and the Atlassian Foundation to deliver...
Posted on
| by Brandon How
The value of Australia’s sportstechs now rivals that of fintechs, according to a new report by the Australian Sports Technologies Network. Generating an annual revenue of $4.25 billion, the...
Posted on
| by Joseph Brookes
Adelaide nanosatellite startup Fleet Space Technologies is now worth $350 million after raising $50 million in an oversubscribed series C, the company announced on Wednesday. Fleet said it will...
Posted on
| by Justin Hendry
Samsara Eco, an Aussie startup that uses plastic-eating enzyme to make recycled packaging, has teamed up with Canadian activewear brand Lululemon to create what it says is the world’s...
Posted on
| by Joseph Brookes
Sydney quantum company Q-CTRL has opened research and product development offices in Berlin and the UK to capitalise on global expertise, investment and the AUKUS security pact, as it...
Posted on
| by Joseph Brookes
20 startups and scaleups on Monday made the cut for a $500,000 Queensland government-supported accelerator program that has helped launch companies like Gilmore Space Technologies and Universal Field Robotics...