Startups stories
Salus Ventures, an Australian seed-stage venture capital fund, has surpassed its $40m target, powered by a robust investment from Queensland Investment Corporation (QIC).
FinTech Australia, backed by Investment NSW, partners with major banks ANZ, Westpac and tech firm 1835i for a reverse pitch event on 21 February 2024, inviting fintechs to solve local banking issues.
Diverse companies outperform less diverse peers, McKinsey report shows, prompting calls for Australian venture capital funds to publicly disclose diversity levels within their investment portfolios.
Birchal, an Australian equity crowdfunding platform, has obtained $2.39m from a successful funding campaign, benefiting local startups. .
Australia's first legal tech accelerator, LawTech Hub by Lander and Rogers, opens applications for its AI-focused 2024 cohort.
Australian tech startup Leonardo.Ai raises AUD $47m to transform the art industry, after attracting seven million global users.
New tech start-up, p0, emerges from stealth with a unique approach to software testing, having successfully secured $6.5m seed funding led by Lightspeed Venture Partners.
Weather forecasting firm, Salient Predictions, joins the Insurtech Vanguards programme, advancing insurers' response to climate change with prediction technology.
NEC X's strategic partnership with Persol Innovation's lotsful aims to bolster startups by leveraging the skills of top professionals from Japan's leading companies who enhance their careers through side jobs. This joint venture is set to provide cost-effective talent sources for US-based startups.
Aqua Security acknowledged as key start-up in inaugural Fortune Cyber 60, heralding rapid growth in cloud-native security.
GetGloby has partnered with Aleph Group to provide AI-driven ad localisation, aiming to communicate effectively with global audiences.
Biztech Lawyers and Intelliworx predict modest growth in M&A activity, company consolidation, and an upswing in down round investments for 2024 tech industry.
AI-powered customer data platform Amperity earns AWS Advertising and Marketing Technology Competency status, underlining its advanced data solutions for marketers.
ControlUp appoints Steven Hua, a seasoned marketer, as Chief Marketing Officer to accelerate its global customer acquisition and growth strategy.
MongoDB rolls out Atlas Vector Search and Search Nodes, aiming to assist organisations in building and scaling advanced applications.
VeUP appoints Cheryl Powell as its new Head of HR to bolster the tech consultancy's leadership team amidst its creative growth, investing and rising industry acclaim.
Toronto-based Agnostiq, has joined forces with NexGen Cloud's Hyperstack for increased GPU capacity in Agnostiq's Covalent Cloud platform, offering seamless access to high-demand GPU hardware.
Snowflake appoints seasoned tech leader Vijayant Rai as new Managing Director for India, tasking him with business expansion and the promotion of the company's Data Cloud across diverse industries.
Cledara, a SaaS management platform, signs a five-year deal with Cambridge United, renaming of the iconic Abbey Stadium to 'The Cledara Abbey Stadium' from January 2024.
Global IT frontrunner, FPT Software, joins the IBM and Meta-led AI Alliance, advancing open innovation in AI.