The board of Sydney-headquartered IREN approved a four-year stock compensation package for co-CEOs Dan and Will Roberts currently worth over $570 million each. The board of Sydney-headquartered, New York-listed IREN has approved an equity package for co-founders Will and Daniel Roberts valued at US$788 million ($1.14 billion) based on its stock price today. Each brother […]
Emesent, a drone tech startup spun out of CSIRO, has raised $25 million in a round that includes NGS Super, Hostplus, Main Sequence and the NRF. CSIRO-spinout Emesent has raised $25 million in fresh funding, including $10 million in venture debt from the National Reconstruction Fund, as it aims to jump further into the exploding […]
Employers will be required to pay superannuation monthly as of tomorrow rather than the existing quarterly scheme as the Government attempts to crack down on unpaid super.
Faculty has for a decade run a highly-sought after Fellowship program turning STEM academics into AI workers. It’s now launched in Australia, its first foray outside of the UK.
Amid a bonanza of retail hype around space tech, South Australia’s Southern Launch has raised $25 million – including $10 million from the National Reconstruction Fund.
After raising over $150 million, deep tech unicorn Advanced Navigation is expanding internationally with a manufacturing plant in Alabama and upcoming acquisitions across the US and Europe.
Titans of finance including Baillie Gifford and T. Rowe Price have backed Airwallex in the startup’s US$320 million Series H, which values the Australian-born startup at $16 billion.
Zeller founder Ben Pfisterer says AI is shortening product cycles from nine months to four weeks. The fintech’s latest point-of-sale system is both a swipe at Square, Stripe and Shopify – and a testbed for Zeller’s AI ambition. Zeller founder Ben Pfisterer says artificial intelligence is cutting product development cycles from nine months to just […]
Blackbird invested over $200 million in Californian startup Baseten’s Series F, backing the AI infrastructure startup’s plan to drastically reduce the cost of AI deployment.
Blackbird-backed startup Vow has cut jobs and gotten a new CEO as it looks to use its cell-culture technology to expand beyond the development of lab-grown meats.