From mapping minerals beneath Earth’s crust to exploring the Moon’s subsurface, Fleet Space Technologies is broadening its ambitions with a substantial raise.
Startups
As one of Australia's most promising quantum startups raises $23 million to build a diamond foundry, a breakthrough from Google reminds us that the quantum era is still billions of dollars away.
Balmain’s investment accelerates Caruso’s global expansion, as the fintech disrupts fund management with $15 billion in assets under administration.
Australia’s startup ecosystem is evolving, with 22% of ventures now classified as "deep tech", according to the 2024 Startup Muster report.
The Australian autonomous vehicle maker has generated enough revenue over the past two years to sustain its operations, according to founder Julian Broadbent.
West Tech Fest has helped transform Perth's startup scene, attracting major east investors, global speakers and government support.
Startmate's $500 voucher prize for a women's leadership award has ignited fierce debate over how to meaningfully support female talent in technology.
Second-time founder Nathan Merzvinskis has raised one of the year's largest pre-seed rounds to build an AI-powered data enrichment platform.
Having stepped back from the fundraising process, knowing mixed-gender teams face less investor success, Tsalanidis is resolved to be front and centre next time.
Employment Hero has dismissed four employees for inappropriate behaviour at its ‘Global Gatherings’, where over 1,000 remote staff meet to align strategy and bond.
The Sydney-based startup is rapidly scaling its renewable energy marketplace model, aiming to deploy solar and batteries to 2,000 homes per month.
Ten months before drone startup Swoop Aero entered into voluntary administration, its co-founder resigned from the board. It was a key moment for the company.
After raising a Series B in 2022, the drone startup suffered from product delays, fractured leadership and tension between its CEO and the board.
The former angel syndicate is raising a $100m fund to back female founders, who receive just 4% of Australia's venture funding.
As Figma launches its first Australian office, founder Dylan Field spoke to Capital Brief about navigating turbulent waters after Adobe’s acquisition bid sank.
The cap table and equity software provider has opened an office in Sydney and views Australia and its startup scene as a key growth market.
It raised $26 million from Main Sequence, Folklore and other big name investors and in 2022 rejected a $100 million buyout. Now Swoop Aero is being stripped for parts.
Our coverage of the $2 billion HR software company started with an off-colour joke. A deluge of current and former staff then came forth with far more significant concerns.
When Linktree raised its first capital round in 2020, founder Alex Zaccaria suddenly found himself surrounded by experts — a shift he found overwhelming.
The $2 billion HR software unicorn is scaling back in Southeast Asia, cutting jobs and suspending several initiatives. Insiders say it adds to pattern of abrupt U-turns on strategy.
In a significant changing of the guard at one of Australia's most successful tech companies, SafetyCulture has appointed Kelly Vohs as its new CEO.
The venture capital firm is an Employment Hero shareholder and has raised concerns following a wave of allegations from former staff about "shoddy HR practices".
Several former employees of the $2 billion HR software provider have come forward with criticism over the company's internal practices.
Sydney startup Plann was acquired by the “link-in-bio” leader in August. For founder and CEO Christy Laurence, it was the culmination of an eight-year friendship.
In his first public appearance since leaving Atlassian, Farquhar shared his investment strategy, thoughts on AI and some surprising relationship advice.