It’s a startup ecosystem cliché that Australia punches above its weight in tech, but new research lends weight to the claim.
Startups
The $1,000-per-month men’s longevity startup has been overhauled as the company learns from its mistakes.
International capital, big exits and a surprise unicorn. Kiwi tech is having a moment this week, showing the strength of the sector across the ditch.
Canva is boosting its artificial intelligence credentials through acquisitions, mirroring the strategies of the world’s biggest tech companies.
The investments mark the first made by the advisory firm, which is currently in talks with prospective clients across Australia, the US, UK and Europe.
Continuation funds, which allow VCs to transfer portfolio companies that have not yet exited into new vehicles are growing in popularity as companies stay private for longer.
Goldman Sachs and Morgan Stanley helped it sell more than $1.5 billion in stock last year. But time around, Canva is handling its latest secondary on its own.
The Oculus founder's US$30.5b autonomous submarine company is on the hunt for technical talent and expects to employ 200 Australians by the end of the year.
Anthropic's Dario Amodei warned AI could soon replace 50% of entry-level office jobs and trigger mass unemployment. Databricks disagrees.
Side Stage Ventures and Archangel Ventures both secured an exit as MagicBrief sold to Canva. Just not the exit they might have hoped for.
The investigation into the $15 billion National Reconstruction Fund (NRF) shows why innovation bodies can't afford to make governance mistakes in Australia's political environment.
George Howes was at the airport en route to the UK when an unexpected WhatsApp appeared. Hours later he'd agreed to sell his startup.
Shadow Minister Alex Hawke has demanded the government address governance issues at the $15 billion NRFC following revelations of an investigation into whistleblower claims.
Clayton Utz and KPMG have been brought in to investigate the Albanese government's flagship manufacturing fund following anonymous allegations of workplace issues.
Funds raised during the ZIRP boom face a 2025 deadline to deploy. It could spark a wave of rounds that may push Australian tech further offshore.
Equity has gone from fringe benefit to frontline strategy — and it may be Australia’s best bet for keeping talent and building global tech winners.
New data shows HR tech and edtech are hit hardest, but impact startups focused on social and environmental issues are proving more resilient.
Former iflix CEO Mark Britt has emerged from stealth mode with tmrw, an AI-driven preventive health platform which has already made one acquisition in the wellness space.
Zhou, who runs five pharmacies through his Aceso Group, said he was aided with a $1 million loan from StrongRoom AI investor EVP.
Four months after an investment into a pharmacy software startup went sour, the Sydney venture capital firm has used a series of legal moves to salvage what looked like a total loss.
The Auckland-based startup is expanding globally as brands look for smarter ways to measure marketing impact in an AI-driven world.
The fintech's founder and CEO Jack Zhang says he "feels like an idiot" for not understanding the market's renewed zest for all things crypto.
The fintech raised $11 million of its $14 million round in Bitcoin and USDT as it prepares to launch a custody service for institutions managing digital assets.
Founders like Canva's Cam Adams, Heidi Health's Thomas Kelly and Sapia's Barb Hyman aren't bloviating about the AI threat — they're too busy building for an AI future.
A surprise court order gave investor EVP decisive voting power, leading creditors to reject a rescue bid and push StrongRoom AI into liquidation amid rising tensions.
Australia's VC leaders believe the country has hidden advantages in the global AI race, but warn coordination failures could squander the opportunity to build billion-dollar companies.
HSBC is growing its Australian corporate banking arm by backing high-growth tech firms and linking them with its global Innovation Banking network.