Afterpay to be acquired by Square in $39 billion deal Afterpay is set to be acquired by Square, the payments giant headed up by Twitter founder Jack Dorsey, in a deal worth $39 billion.
Community is key in Aussie space tech success, says Fleet’s Flavia Tata Nardini When Flavia Tata Nardini co-founded Fleet Space Technologies, she was told it would never succeed outside of Silicon Valley. Six years on, things are taking off.
As Culture Amp hits a $2 billion valuation, who else is in the Aussie unicorn club? Culture Amp has raised $135.4 million at a valuation of $2 billion and cementing its unicorn status. Here's a list of the Aussie unicorns.
Founders of Aussie unicorn Airwallex unveil $200 million VC fund The founders of Aussie fintech unicorn Airwallex have launched their own venture capital fund, with the aim of raising $200 million.
“Space 2.0”: Meet the Aussie investor backing local space tech Main Sequence's Martin Duursma sees big opportunities in space tech startups, and says Australia is the best place to build, and back, them.
Aussie-led startup secures $600 million for “world-changing” quantum computing tech Silicon Valley-based PsiQuantum has closed a US$450 million ($611 million) Series D raise, giving it a valuation of US$3.15 billion ($4.3 billion).
Aussies spent $50 billion online in 2020. These are the suburbs driving the e-commerce boom Australians spent more than $50.46 billion online in 2020, a 57% increase year-on-year, with Victorians in lockdown leading the way by far.
Further Commonwealth business support: What can SMEs in NSW and Victoria claim? The federal government has confirmed a new suite of COVID-19 support payments available to businesses in both New South Wales and Victoria.
A 620% uptick: Equity crowdfunding in Australia gathers momentum More Australian businesses are raising more money through equity crowdfunding, with investments in the last quarter up 620% compared to last year.
City of Sydney to offer $4 million in small business support, once restrictions start to lift The support is intended to 'revitalise' the city post-lockdown, as Lord Mayor Clover Moore lashes out at a federal government response.
Eden Brew launches with $4 million investment to develop a better alternative to cow’s milk Australia’s science agency CSIRO is backing another startup in the alternative proteins space, this time focusing on the already-crowded dairy-free milk space.
Meet the co-founders of Spriggy, who just banked $35 million in their mission to boost financial literacy for kids Aussie pocket-money startup Spriggy has bagged $35 million in Series B funding, as it looks to build on the momentum built during the COVID-19 pandemic and the shift way from cash.