Startups

A week after facing scrutiny over China ties, Airwallex's CEO took to social media to stress the company’s Melbourne origins. It was as much about repositioning as reminiscing.

Australia’s super rules are discouraging long-term, high-growth investment. Reforming them could boost both retirees’ returns and national productivity.

As Airwallex celebrates a decade in business, the Australian-founded fintech darling faces mounting scrutiny over its China ties, data practices and internal culture.

The Victorian government's startup support agency is being merged into controversial $2 billion innovation fund Breakthrough Victoria in a move investors say is 'crazy' and a 'real shame'.

From Werner Vogels’ off-script predictions to new silicon and a sharpened startup pitch, AWS re:Invent was both theatre and intent.

An ugly spat on X this week has underscored the intrigue surrounding Airwallex and its backstory, amid simmering tensions between the US and China on tech.

Berriman will continue to lead his fight against Google as he steps into an executive chairman role at Xailient.

While many Australian corporates have struggled with VC, the $200 billion resources giant is generating returns through its bets on critical minerals, decarbonisation and AI-enabled mining.

A good old-fashioned Twitter rant by a prominent US venture capitalist has dragged long-simmering questions about Airwallex’s ties to China into the open.

The Australian unicorn faces slowing growth and persistent losses as AI sweeps tech and workplaces shift from culture and DEI. But Didier Elzinga insists he has a plan.

Detail Earth, launched by seasoned entrepreneurs in geospatial tech, plans to launch new generation aerial mapping imagery to the Asia-Pacific region.

King River Capital is turning away from Australia’s SaaS legacy, arguing the nation’s disciplined valuations and deep AI talent are forging the next investment frontier.

Blackbird’s valuation adjustments for Culture Amp and SafetyCulture show how shifting markets shape venture values, and why write-downs aren’t always bad news.

At a closed door briefing for its own investors, the nation's largest VC has provided a glimpse into the performance of the country's top startups.

The VC firm has given one of the clearest signals yet that Canva is ready for an IPO next year, telling investors the design giant’s revenue and valuation continue to surge.

In one of only a handful of AI-related exits in the Australian ecosystem to date, Sydney startup Nucanon has sold to Indian gaming giant Zupee, which boasts 200 million users.

Australia has long seen itself as punching above its weight, but our wealth, stability and innovation mean we should be aiming much higher.

Culture Amp’s layoffs reflect a broader shift as pre-AI unicorns race to rebuild around automation, new product strategies and mounting pressure to stay competitive.

Block is doubling down on Bitcoin, aiming to transform it from a volatile asset into a practical payment system for everyday transactions.

Teacher’s Buddy, launched by Edrolo co-founder Ben Sze, is already used by 12,000 teachers across 130 countries to cut admin time and stress.

The Melbourne-based HR tech company cuts 60 jobs globally as it focuses on its new AI products, marking its second round of layoffs since April 2023 amid broader sector challenges.

Sydney startup Gega Elements wants to challenge China’s dominance in gallium and germanium refining, aiming to secure Australia’s foothold in critical minerals.

The move by the 'link in bio' unicorn follows a flurry of recent acquisitions.

Two women-led groups are seeking a suspension of all work and an independent audit into the federally funded FemTech program amid a dispute with a union over unpaid work.

While wearing a jacket designed using AI, Canva's co-founder Cameron Adams rejected claims AI hampers creativity, and says he wants Australia to become Southeast Asia's AI computing hub.