From a quest to help one dog, Paloma Newton and Jackson Gritching launched Elita Genetics, raising $1.1 million in a tough market.
Venture capital
The now $5.6 billion valued Australian e-commerce firm has also sealed a $457 million acquisition as it hurtles towards a possible IPO in 2026.
Venture capital firms are laying off staff and abandoning plans for new funds. Is it a necessary correction or a sign of structural problems in Australian VC?
Sydney startup Vow is slashing 25 jobs in a strategic pivot to manufacturing, as the cultivated meat pioneer gets closer to local regulatory approval.
Venture capital in Australia is facing its toughest test yet as major players restructure and smaller funds hibernate, but new registrations suggest some resilience in the sector.
One of Matched’s co-founders lives in Melbourne, the other in Sydney. They’ve made it work through ‘co-founder therapy’, break-up planning and a deep friendship.
Employment Hero CEO Ben Thompson has pushed his company to emulate Elon Musk's workplace philosophies — except on one policy which the Tesla CEO describes as "morally wrong".
The Singapore investment firm behind Go1 has closed their latest credit fund in response to the "number one" demand from tech founders.
The case between the state-based venture capital fund and a struggling portfolio company has become a flashpoint in the debate over government funding for startups.
From mapping minerals beneath Earth’s crust to exploring the Moon’s subsurface, Fleet Space Technologies is broadening its ambitions with a substantial raise.
Balmain’s investment accelerates Caruso’s global expansion, as the fintech disrupts fund management with $15 billion in assets under administration.
West Tech Fest has helped transform Perth's startup scene, attracting major east investors, global speakers and government support.
Techstars Sydney’s record-breaking women founder representation has sparked debate over gender equality — and exposed a clash between Australia’s top accelerators.
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.
Second-time founder Nathan Merzvinskis has raised one of the year's largest pre-seed rounds to build an AI-powered data enrichment platform.
The Sydney-based startup is rapidly scaling its renewable energy marketplace model, aiming to deploy solar and batteries to 2,000 homes per month.
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 cap table and equity software provider has opened an office in Sydney and views Australia and its startup scene as a key growth market.
The sudden departure of the founding CEO of one of the country's most financially backed startups surprised many in the ecosystem — including its own investors.
