Glimmers of hope for startups with capital raises in 2024 up 30%
The latest data has encouraging signs for Aussie startups' fundraising, with total capital raised in the first half of 2024 up 30% YoY to $1.99 billion.
The most exciting AI raises of 2024 (so far)
If 2023 was the "Year of AI", 2024 is the year when the pedal hit the metal, with an exciting array of Australian AI startups raising capital with a dazzling variety of artificial intelligence-powered business models.
Seven standout startups to secure early-stage funding so far this year
As we reflect on the funding landscape over the first half of the 2024 calendar year, here's a look at seven standout startups that have successfully raised early-stage funding.
Eight Aussie startups that raised $118.8 million this week
Read about eight Australian startups that secured fresh funding this week to tackle ambitious goals, from 'infinite recycling' to quantum computing and more.
“Not for everyone”: Lucy Liu on “high pressure” startup life as Airwallex revenue grows 93%
Airwallex has hit a 93% revenue increase in ANZ, but there are still questions about the human cost of getting ahead as it heads towards IPO.
80% of MVP Ventures grants awarded to metro Sydney, sparking regional equity concerns
About 80% of recipients of the NSW government’s MVP Ventures Program were Sydney startups with most hailing from affluent suburbs in the north and east.
Reusable pallet wrap company Bearhug raises $325,000 for Australian expansion
A Bearhug reusable pallet wrap saves 350kg of plastic waste, equivalent to nearly 30,000 plastic water bottles, from entering landfill and the startup’s reusable wrap has a 1000-use lifespan.
Samsara Eco books $100 million Series A extension to make recycled plastics fantastic
Australian recycling pioneer Samsara Eco has booked $100 million in Series A extension funding, helping the scale-up tackle the global plastic problem and expand its operations through south-east Asia.
Robotic insect startup Goterra to turn household food scraps into animal feed in Sydney
Robotic insect farm startup Goterra will use maggots to help transform food scraps from Sydney households into animal feed and fertiliser, after scoring a new partnership with the City of Sydney.
Nine Aussie startups that raised $38.3 million this week
Find out about nine Australian startups that collectively raised more than $38 million in new funding this week.
Maxme raises $400,000 with participation from Alice Anderson Fund for human skill platform
Melbourne-based startup Maxme has raised $400,000 with participation from the Alice Anderson Fund to expand human skill development programs.
Digital wayfinding app BindiMaps to help Guide Dogs Victoria build world’s first fully accessible sensory campus
Guide Dogs Victoria is redeveloping its Kew Campus site in Victoria as part of the not-for-profit organisation’s ‘Future is in Sight’ project, and it has enlisted BindiMaps to help.
