VC vows to back 1,000 women-led startups by 2030

Just 0.7% of all venture capital in Australia goes to 100% female-founded and led businesses. For US-owned VC fund, F5 Collective – which has invested in seven APAC, female-led businesses over the past year – it’s a huge opportunity. In fact, it wants to invest in 1,000 female founders by 2030. It’s no secret that […]

‘When Lachlan calls, you answer’: Inside this Murdoch-backed luggage giant

Athan Didaskalou and Richard Li, the co-founders of prestige luggage brand, July, started the business after tossing up a number of product ideas in categories primed for a shake-up. Five years later, July – the premium, design and innovation-focused luggage brand – is one of the fastest growing companies in a category that up until five years ago, was an outdated, dying category.

95% of NFTs are dead. But why?

The concept of non-fungible-tokens (NFTs) and their potential value was difficult for many people to get their heads around. It turns out the global scepticism was warranted. A new study has found 95% of NFT collections are worthless. When it comes to cryptocurrency, NFTs have been dubbed the rising stars of the growing market over […]

Follow the funds: Australian VC deals

Australian hospitality tech platform Ordermentum has acquired food marketplace Foodbomb and raised $16 million in a bid to accelerate its national growth strategy and to further digitise the food and beverage industry.

Ancient Egypt is coming to Melbourne with Pharaoh exhibition

Melbourne’s National Gallery of Victoria has announced it will showcase the internationally acclaimed exhibition, Pharaoh exhibition in winter 2024. The exhibition – the biggest collection of its kind in Australia – encompasses around 3,000 years of ancient Egyptian art and history through more than 500 works on loan from the British Museum. Melbourne’s National Gallery […]