Startups

Documents released under a Freedom of Information request show the Department of Industry was not just chasing commercial goals when it invested in PsiQuantum.

The case of Adir Shiffman v Sleeping Duck offers a rare insight into the tactics of those angels who typically invest alone and in a very different way to conventional VCs.

Energy finance provider Brighte has raised a warehouse facility for the fifth time and founder Katherine McConnell sees more opportunity as households continue to electrify, despite interest rate and cost of living headwinds.

The startup has until now been using a modified version of Stable Diffusion, an open-source AI model.

The angel investor just lost an almost three-year court battle with the founders of mattress company Sleeping Duck, but insists it won't change his approach to startups.

The Sydney deep tech startup has struck a deal with GlobalFoundries, which makes semiconductors for the likes of Qualcomm, to make a batch of its quantum-powered chips.

In a much anticipated judgment delivered late Friday, Supreme Court of Victoria Judge Jim Delaney rejected Adir Shiffman's case against Sleeping Duck.

Many large companies and startups rely on open-source software created by independent developers who are underpaid and undervalued, leading to serious security exploits. Thanks.dev wants to fix this.

Apparently Apple just sherlocked a whole bunch of startups with its AI announcement. Or maybe the bar for what makes an AI startup investible just got a little higher?

One of the architects of the ASX's growth strategy now wants to transform the sleepy NSX into viable player. But to succeed, he will need to overcome some significant obstacles.

Meta doubts whether quantum computing will ever be viable, while some like Amazon think that moment will come but only in a decade or so. IBM and Google are all in, and may beat Australia to the punch.

Solar thermal power has been developed in countries around the world but not in Australia, where the number of comparatively lower-priced solar PV farms continues to grow. One local startup is aiming to change that.

The Coalition has continued its criticism of the government's investment into a Silicon Valley quantum computing startup by highlighting rising legal costs related to the deal.

One of Australia's most high-profile AI startups is benefiting from government initiatives in England and Hong Kong. Australia's government should follow suit.

The startup, which builds a HR platform specifically for casual, deskless workers, is looking abroad for new customers. But it has some solid competition to overcome.

The Aussie tech giant has invested in Figma after Adobe's failed bid to buy the company. Between Figma and Canva, design tech is flourishing — which is great news for Mike Cannon-Brookes.

Two former OpenAI board members have used an op-ed to explain the shock firing of the generative artificial intelligence company's co-founder, which triggered a staff revolt and his eventual reinstatement.

After facing difficulties in raising funding, which forced it to adopt a lean operating model, the Melbourne robotics startup is on the brink of announcing a seed round.

Gilmour Space Technologies will soon seek to join SpaceX, Virgin Galactic and Blue Origin as it attempts to send its own rocket into orbit.

The Australian government has banned the sale of compounded Ozempic. VC-backed Eucalyptus, which will be hit by the decision, says the government is cutting off supply to those who rely on it.

The family office of Canva co-founder Cam Adams and his wife Lisa Miller has adopted a new form of VC they hope will provide a blueprint for addressing the climate and nature crisis.

The Sydney startup develops technology that allows autonomous vehicles to see the world around them using cameras, rather than industry-standard lidar.

The strategic investment is the group’s first external capital injection since its formation in 2003.

Two years after raising $10 million in seed funding, Kinde is beginning to grow in the authentication space – thanks in part to an unintentional boost from Okta.

The founders of biodiversity platform Xylo Systems faced a steep learning curve to get across AI and the world of VC investing. Camille Goldstone-Henry explains how she and her co-founder Jada Andersen overcame these challenges.

Mesh Assist has just closed a seed round for its flagship product Simpatico Ai. And it’s already in talks for a larger raise to scale its mental health AI platform globally.

Plans to tax unrealised gains on earnings from superannuation accounts over $3 million are another potential hit to a startup ecosystem still reeling from proposals to lift sophisticated investor thresholds.