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News
WA government delivers $1.275 million in grants to 26 startups
56+ min ago (205+ words) A total of $1,274,686 was awarded to ideas span energy, tourism and events, space, health and medical life sciences, and primary industries, and include sustainable indoor farms, an AI-powered tool for Legal Aid and adapting shipping containers for housing in regional…...
ProcurePro secures shot at $1.4 million Startup World Cup prize
3+ day, 23+ hour ago (260+ words) Tim will join the winners of the Sydney and Melbourne finals, travelling to San Francisco in November to compete against startups from around the world for the Startup World Cup title and its US$1 million investment prize. The Australian group…...
Startmate backs 17 startups for its winter intake
1+ week, 5+ day ago (583+ words) Special guest Dom Pym shared his lessons from building digital bank Up Bank. And recent alumni Kai Bloomfield and Cordelia King, founders of Superstat, who just closed a $3.5m round, also swung by before heading to the US to share how…...
Cicada Innovations reveals the deep tech startups appearing at Tech23
1+ mon, 1+ week ago (689+ words) The 23 were selected from a record-breaking 236 applicants – a 57% increase on last year – for the annual event in Sydney. Since 2023, alumni including Syenta, Nutromics and Uluu have collectively raised over $280m and nabbed industry partnerships and government deployments from their involvement in…...
Australian businesses and workers face big changes from July 1. Here's what you need to know
1+ mon, 1+ week ago (714+ words) From changes in superannuation payments and parental leave to an above-inflation increase in the minimum wage, here’s what you need to know. From July 1, the current lowest income tax rate, which applies to income from A$18,201 to $45,000, will be reduced…...
The truth behind massive AI layoffs
4+ mon, 3+ week ago (787+ words) News, Insights and Stories from the Australian and New Zealand tech ecosystem. The narrative these companies offer is consistent: AI is making human labour replaceable, and responsible management demands adjustment. The evidence, however, tells a more nuanced story. Genuine disruption…...
Is Australia's secondaries market the solution to delayed exits and liquidity pressure?
5+ mon, 2+ week ago (716+ words) News, Insights and Stories from the Australian and New Zealand tech ecosystem. We’ve become increasingly good at building globally competitive technology companies, but far less effective at providing liquidity to the people who built them. That tension is now coming…...