Startups

Ed Husic is taking on the role of Shadow Minister for Innovation and Industry, following Labor Leader Anthony Albanese’s cabinet reshuffle.

Aussie share trading platform Stake has experienced a tech outage that saw users unable to participate in a massive day on Wall Street.

It’s been profitable and growing for 20 years, but Phocas Software is gearing up for a growth spurt, with $45 million in fresh VC funding.

Aussie-founded fintech Fast has raised $131 million in Series B funding, as Domm Holland sets his sights on growth beyond mere payments.

Melbourne-based Big Ant has been acquired by French gaming publisher Nacon, in a whopping $55 million deal that could put the Aussie industry on the map.

Equity crowdfunding bounced back with vigour in the second half of 2020, with cannabis startups leading the charge on Birchal.

Google’s threat to remove its search engine from Australia “would be a disaster” for small businesses and digital marketing agencies.

An overwhelming 80% of Australians believe that search engines should be more transparent when experimenting with algorithm changes, new data reveals.

DiDi will use the Global Vaccination Support Fund to offer essential workers free and significantly discounted trips.

Neobank Xinja has become the first authorised deposit-taking institution in Australia to return its deposits to customers, after finalising its exit from the local banking scene. 

Agriwebb has raised $30 million, giving it a valuation of over $100 million and highlighting a global growth opportunity for Aussie tech.

Just two weeks into 2021 we’re fielding a flurry of news in the buy-now-pay-later sector, including Beforepay's $9 million raise.