Daniel Van Boom

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.

Immutable is pivoting from Web3 gaming to AI marketing tech aimed at traditional game publishers. After cutting nearly 30 roles, its co-founder says the company still has 10 years of runway following its mega raise in 2022.

On Thursday the Albanese Government amended its controversial capital gains tax proposal by allowing startups that qualify as ‘innovative businesses’ to retain the existing 50 per cent discount. Key Takeaways The Albanese Government on Thursday announced plans to offer capital gains tax concessions to the startup sector that will give certain founders, employees and investors […]

Australia’s VC industry is on track to have its biggest year since 2022, a new report from Side Stage Ventures and the Australian Investment Council says, but most of that is going to the top end of town.

MCi Carbon’s technology captures carbon and used it to create building materials, a double whammy in C02 reduction. After the grand opening of its first carbon refinery on Wednesday, it’s hoping to cap its next capital raise by the end of the year.

Airtree and the NRF led a $158 million round in March that valued Advanced Navigation at over $1 billion. Documents lodged with ASIC reveal a sharp rise in revenue and a fall in losses in the lead up to that unicorn round.

Australian Retirement Trust has backed Gilmour Space Technologies, extending the startup’s $217 million Series E which valued it at over $1 billion.

Sam Altman was interviewed by Commonwealth Bank CEO Matt Comyn on Tuesday, where he admitted to being surprised that AI hasn’t stimulated more economic growth.

Alex Zaccaria, the founder of unicorn Linktree, is among the Australian founders aggrieved by proposed changes to the capital gains rate. He believes the Government is well intentioned, but that the result will be more and more Australian startups shifting their centre of gravity to the US.