Surpassing expectations: Fintech Athena sees $250 million in home loan applications within three days of launch
Home-loan fintech Athena has launched, and according to co-founder Nathan Walsh, it's racked up $250 million in applications within its first three days.
“Serious and sustained”: Fashion startup fined over $330,000 for unpaid intern
Her Fashion Box and director Kath Purkis have been found to have underpaid three workers over $40,000 in a ruling about an unpaid intern.
Former NASA astronaut joins nanosatellite startup Myriota’s board as space industry continues to commercialise
Former space shuttle commander Pamela Melroy has joined the board of Australian satellite communications company Myriota.
After a whirlwind Twitter week, Elon Musk announces Tesla is closing all stores worldwide, to make $50,000 car viable
After a week of Twitter scuffles with the SEC, Elon Musk has announced the launch of a cheaper Tesla, and the closure of all the manufacturer’s stores.
Aussie media tech startup Oovvuu raises $4.8 million in escalating battle against Facebook and Google
AI startup Oovvuu has secured $4.8 million in funding, as it prepares for “hyper-growth” in its war against the tech behemoths of Facebook and Google.
“We never saw it coming”: How a single whitepaper download led to Sydney startup StorReduce’s acquisition
At the time of being acquired by data-storage giant Pure Storage, Vanessa Wilson’s startup StorReduce had raised just $400,000 in seed funding.
Blockchain startup Wright Technologies wins trip to France to promote tamper-proof drone tracking system
Adelaide-based Wright Technologies, a startup using blockchain to securely track and identify drones, is off to France to promote its technology.
“Think of school as our day job”: Meet the 16-year-old founders who just won Startup Victoria’s spacetech pitch competition
The 16-year-old founders of Eutropia Aerospace have won Startup Victoria’s spacetech pitch night, for their reusable, hybrid rocket technology.
“Insider threats”: Mozilla and FastMail sound alarm about Aussie staff as AA Bill incentivises moving elsewhere
Two large technology firms have raised concerns about the effects of the AA Bill on their staff, with one suggesting Australians are likely to lose jobs.
Smart helmet startup Forcite secures $1 million to prepare motorcyclists for the driverless roads of the future
Sydney startup Forcite has secured almost $1 million in funding, to drive its smart motorcycle helmet into the market by the end of the year.
Unicorns in the making: Algorithm pegs two Aussie startups for $1 billion valuations
Aussie startups Deputy and Airwallex have been included among 50 startups billed as future unicorns, on track to reach a $1 billion valuation.
Banking on change: Why neobank 86 400 wants to take the fight straight to the big four
The chief executive of one of Australia’s newest digital banks, 86 400, says his startup has no desire to be a smaller “niche” bank.