Startups

Speaking to SmartCompany, Luke Trickett explained the crossover between his professional swimming career, his stockbroking days, and his startup leadership. At the same time, he outlined the invaluable support provided by his partner Libby Trickett, on top of her own sporting and professional successes.

Equity crowdfunding platform Birchal has recently engaged in a round of redundancies as part of a 30% reduction in expenses across the company.

Leading Australian tech entrepreneur Sam Kroonenburg has co-founded a new AI startup called Cuttable and raised $5.5 million in funding.

It's been another bumper week for funding for Australian startups, led by a massive $105 million raise by Melbourne construction tech firm HammerTech.

Medical SaaS startup Go Locum has secured $350,000 in a seed funding round led by Northern Territory firm Paspalis Innovation Investment Fund.

Construction software startup HammerTech has secured a $105 million raise led by Riverwood Capital at an undisclosed valuation.

AR startup Jigspace just secured $13 million in funding led by Breakthrough Victoria, coinciding with the release of the Apple Vision Pro.

Carbon technology, EV charging and e-waste recycling were the flavours of the week when it came to startup funding rounds.

Australian e-waste recycling venture Sircel has secured a $5 million investment from Kilara Capital, helping it retrieve precious materials from discarded technology and tackle the pernicious problem of old solar panels.

It's been a strong week for carbon capture, with two Australian startups in the sector -- KC8 Capture Technologies and Fugu -- collectively raising over $11 million.

Learn more about nine Australian startups that collectively raised $66.4 million this week, including Sendle, Redactive AI and ReciMe.

Redactive AI, founded by Atlassian alumni, has secured $11.5 million in seed funding for its enterprise-grade AI solutions platform.