Startup Daily

20/12/2024

IoT nanosatellite maker lands $50m - https://mailchi.mp/pinstripemedia/startup-daily-august-4745514

20/12/2024

The Victorian government’s controversial $2 billion venture fund has been embroiled in an unfair dismissal case launched by the cofounder of one of its portfolio companies.

Cofounder Dr Dean Freestone is arguing that Breakthrough Victoria took steps to “coerce [him] not to exercise his workplace rights”.

20/12/2024

As a developer at DataStax, I often find myself trying to explain what I do for a living, writes Phil Nash.

Since the 1950s, AI has been a field in computer science where developers tried to create programs that simulate human thinking or learning.

19/12/2024

Twelve-year-old Melbourne EV charging business Jet Charge has raised $72 million after a year-long funding hunt, securing Mirova, an affiliate of global asset manager Natixis, as its lead investor.

Melbourne EV charging business Jet Charge spent 12 months raising, landing Natixis Investment Managers-affiliate Mirova as lead investor.

19/12/2024

As an active contributor to Australia’s innovation ecosystem for the last 15 years, and a native Sydney-sider, I’m stunned by last week’s news that the Sydney Startup Hub will be kicked out of its wonderful Wynyard location in October 2025, writes Jennifer Harrison, Director, Startups & Scaleups, at Reputation Edge.

The government is doubling-down on its weak narrative that NSW startups need proximity to universities and unicorns to succeed.

18/12/2024

The federal government’s $15 billion National Reconstruction Fund has made its third investment, tipping $25 million to lead a $50 million raise by Internet of Things (IoT) satellite builder Myriota.

The federal government's $15 billion NRFC has made its 3d investment, tipping $25 million into Internet of Things satellite builder Myriota.

18/12/2024

This time last year, Hatch cofounders Chaz Heitner and Adam Jacobs were in the closing stages of our $7m Seed round. Below are Adam's top tips for other founders.

Here are our top tips for other founders. But even if you’re not involved in funding, you may find some useful parallels in this story.

17/12/2024

It was a policy blitz like no other. No less than 31 separate bills were passed by our government on 28 November, among them, a bill to ban those under 16 from accessing social media. But what does this have to do with gaming?

In the lead-up to Australia's u16s social media bill passing parliament, panic emerged that online video games could be included in the ban.

17/12/2024

A consortium of 21 startups, space and manufacturing companies, mining giant BHP and several universities will collaborate in a project to put an Australian-made rover on the Moon. 🇦🇺 🌕

The ELO2 Consortium, co-led by EPE Oceania and Lunar Outpost Oceania, is part of NASA's Artemis Moon exploration program.

17/12/2024

UNSW inks OpenAI - https://mailchi.mp/pinstripemedia/startup-daily-august-4745500

17/12/2024

Facebook’s parent company, Meta, has struck a $50 million deal with the Australian Information Commissioner to settle a Federal Court case over privacy breach involving the Cambridge Analytica political scandal.

The $50 million will be offered as compensation to Australians who either installed the This is Your Digital Life app, or were Facebook friends with someone who did

17/12/2024

Sydney marketing technology startup Upflowy is about to release an AI-enabled marketing copilot, called ‘Psyke’, to help agencies, marketing teams, and companies create content that’s on-brand in hours, not weeks.

The AI-enabled marketing copilot, called ‘Psyke’, helps agencies, marketing teams and companies create content that's on-brand in hours

17/12/2024

The federal government will develop an artificial intelligence (AI) capabilities plan for Australia to figure out what support is needed and how it can be used to bolster the economy.

The National AI Capability Plan will be designed to grow both public and private investment in AI, and explore comparative advantages.

16/12/2024

UNSW Sydney will be the first Asia-Pacific university collaborating with the US-based OpenAI to deploy ChatGPT Edu.

A 12-month targeted pilot is currently underway at UNSW to develop usages for ChatGPT Edu, involving 500 people.

16/12/2024

It’s 411 BCE, and Aristophanes is slaying his audience in the Theatre of Dionysius with a mix of laughter and tears ...

Lysistrata's about disrupting the old order, challenging patriarchal systems of power, creating new ways of doing business & sharing resources

13/12/2024

A month after making its ASX debut in a reverse takeover, startup investor, advisor and accelerator Scalare Partners has seen its share price slide 28%, wiping around $6.5 million from its market capitalisation.

Scalare Partners has seen its share price slide 28% to 18 cents, wiping around $6.5m from the ASX-listed company's market capitalisation.

13/12/2024

The latest instalment in our Antler Investor Memo Series is SeeStone, the startup that's on a mission to reduce the financial and environmental burdens of retail overproduction using AI.

Discover how SeeStone is transforming fashion retail with AI-powered tools that cut waste, optimise buying decisions, and drive profitability.

13/12/2024

The Sydney Startup Hub above Wynyard Station in the heart of the CBD will be relocated to an undetermined location somewhere across the six square kilometres around Central Station known as Tech Central by the NSW government in October next year.

Minister Anoulack Chanthivong, he promised a new strategy on how "Tech Central can empower the innovation ecosystem".