LaunchVic reveals $1 million Hugh Victor McKay fund for agtech startups
LaunchVic and Agriculture Victoria have partnered to launch the Hugh Victor McKay fund, aimed at investing in early stage agtech startups.
Tasmania’s Sea Forest to scale up production of methane-busting seaweed
For the past 18 months, Sea Forest has been working to "scale up" its product to industrial-sized processing.
Former worker sues CBA-backed startup over 60-hour work week
CBA is being sued by a former employee of Unloan, owned by its VC arm x15ventures, for 60-hour work weeks and having to be across multiple roles.
Eight Aussie startups that raised $149 million this week
From green hydrogen production, to online search, medicinal cannabis and clothing that offers better protection for women athletes, here's eight Aussie startups that raised serious funding this week.
Breakthrough Victoria invests $148,000 in Zena Sport to tackle breast injury in sport
Geelong-based women’s impact protection sportswear startup Zena Sport is making strides with the world’s only scientifically tested chest protection vest for women and girls in contact sports.
SafetyCulture raises $34 million while planning a $500 million VC share sale
SafetyCulture has raised $34 million in funds while also planning a $500 million share sale from investors in 2024.
Sydney-based Pendula raises $14.5 million to expand into Asia and Europe
Pendula’s customer retention software utilises advanced analytics and generative AI to help companies reduce churn and maximise customer lifetime value.
Six Aussie startups that raised $45.1 million this week
The overall tally of startup funding announced this week may be smaller than the weeks gone by, but we think this is only the beginning for these Aussie startups.
HAL Systems raises $850,000 for AI climate control combining energy savings with comfort
Climate tech startup, HAL Systems, has developed a climate control system that monitors HVAC costs and weather in real time to make decisions.
“Diverse founders outperform the market”: New list celebrates 101 South Asian Australian founders
Of the 101 founders on the South Asian Australian Founders list, 78% have raised funding since 2013, totalling more than $1.12 billion in investment funding.
NSW government launches four pre-accelerators for startup diversity and social impact
The programs by the NSW government will support under-represented groups, including women from diverse backgrounds.
Side Stage Ventures secures $15 million for its launch fund with support from Linktree, Airtasker
Side Stage Ventures has launched its first fund with $15 million with support from startup powerhouses like Linktree and Airtasker.