In an extraordinary move, EVP has called the police on the freshest startup in its portfolio, StrongRoom AI. The situation raises questions about how — and how urgently — VCs make investment decisions.
Technology and startups
Despite strong private equity performance, most Australian super funds are locked out of the lucrative secondaries market due to regulatory and cost constraints.
EVP will return millions to its Opportunities Fund if it can recover its recent investment in StrongRoom AI. What happens if it can’t is less certain.
Australia's most successful VC firm has started raising its sixth fund in what could be seen as a positive sign for the broader innovation ecosystem. Or is Blackbird just different?
The early Canva backer is securing commitments from both international and domestic institutional investors for its sixth fundraising effort.
The AI medical scribe startup is taking a different path in the crowded healthcare documentation space, focusing on the needs of doctors over hospital sales.
Sydney venture capital firm EVP has taken the extraordinary step of contacting authorities to investigate one of its own portfolio companies over "alleged activity".
The recent flurry of management changes at Australia's big banks feeds into the regulator's desire to have more oversight of board and executive appointments and succession planning.
Quantum startups face a distinct fundraising journey — one that requires visionary storytelling, investor education and a long-term view on commercial success.
Most companies targeted for ransomware payments cough up. For law firms, a decision to pay is mired in ethical and regulatory challenges.
Some experts think AI could spiral into disaster. But with the biggest leaps happening in Silicon Valley, Australia’s safety advocates are scrambling to make a difference.
As the push to harness generative AI continues, Australian banks are turning to AI agents to amplify its benefits — though not all are moving at the same pace.
After going viral, raising $10 million and struggling through R&D, Cortical Labs finally has its first product.
Former staff members allege the HR unicorn used unorthodox methods to gain information on a new rival as it prepared to launch in Australia.
The US$32 billion acquisition, Google's biggest ever, may help it take the fight to Amazon and Microsoft in the enterprise space.
Commonwealth Bank's CIO for technology tells Capital Brief that Anthropic's safety focus was a big reason for its investment in the AI startup.
The e-commerce giant has submitted the first in a wave of corporate responses to Labor’s 'ex-ante' plan, which adds a new front to Australia’s battle with US tech giants.
Too many Australian companies expand overseas too soon, burning capital and stalling growth. Winning at home first could be the key to lasting success.
How the NSW Court of Appeal defines the fares Uber drivers earn will have implications across the gig economy.
