Sukhinder Singh Cassidy was hired to turn Xero from a Kiwi upstart into a global heavyweight. In more than a dozen interviews with current and former employees, and with Singh Cassidy herself, Forbes Australia examines what that transformation has cost, and whether a company can go global without losing the culture that built it. Subscribe […]
Maincode, the AI lab building Australia’s first sovereign LLM, is spinning up a venture capital arm its hopes will turn leaders in finance, healthcare and entertainment into disruptors.
Harrison.ai founders Aengus and Dimitry Tran say their $789 million startup is reorganising to prepare for a commercialisation drive at home and abroad – but that R&D remains in Australia. Harrison.ai cut 15 per cent of its workforce earlier this year in a restructure founders Aengus and Dimitry Tran say will allow it to put […]
After nearly two decades building toy giant Zuru, Anna Mowbray is betting AI can disrupt recruitment. Her startup Zeil is now targeting Australia as the first step in a global expansion. Subscribe to Forbes Australia for full access to this and all articles today Subscribe     Already a subscriber? Sign In
The startup, which Blackbird said is its fastest growing investment ever, has hit $50 million in annualised revenue and is now moving to agentic healthcare. Key Takeaways AI healthcare startup Heidi has become Australia’s fourth unicorn of 2026, raising capital at a $1.26 billion valuation as it looks to hit break-even territory on its breakneck […]
As it heads towards a US$2 trillion IPO, AI titan Anthropic told Parliament it has accepted a broad copyright exemption is not on the table – but calls for a more narrow concession. AI giant Anthropic told a Parliamentary Committee that it will invest in large data centre projects in Australia, but called for the […]
HEO develops cameras that inspect and monitor satellites in space, and has raised a $37 million Series B from the NRF, Beaten Zone Ventures and Airtree.
T. Rowe Price and Franklin Templeton, which each manage trillions in assets, bought into Canva at a US$40 billion valuation in 2021. Canva is preparing a foundation model it hopes will help reverse the trend.
After two of its portfolio companies became unicorns this year, Main Sequence hopes to raise $400 million for its fourth fund by the end of 2026. Main Sequence has hit the market to raise its fourth fund, with the deep tech VC hoping to secure $400 million to finance a new generation of bets in […]
John Hollister departed US$24 billion chipmaker GlobalFoundries last October. Now he’s joined Michelle Simmons’ Sydney startup Silicon Quantum Computing as CFO. Key Takeaways Key background Silicon Quantum Computing (SQC) has been building its executive bench as it moves to commercialise years of R&D. The startup first scored big in 2024 with the appointment of former […]