Shivaune Field

A report from PPI reveals that the local iOS ecosystem has grown 27% over the last two years and now employs 174,000 Australians.

If you thought Sydney and Melbourne were expensive to live in, we’ve got bad news for you. It gets a lot worse.

Melbourne’s Finn brothers are on the ride of their life. Their startup Roller recently landed a private equity raise of $78m from U.S Insight Partners. Now their sights are set on 100,000 other leisure attractions around the globe.

Nick Mathers oversees 1700 staff across his 12 U.S. restaurants. There will be six more venues in 2024. Mathers tells Forbes Australia that his company is on track to bring in $120m this year. By 2026, it will be $200m. Then, maybe an IPO.

Psychae Therapeutics bagged the raise from Tin Alley Ventures and the University of Melbourne’s pre-seed investment fund.

The Sydney-based drone company landed $2 million in a pre-Series A raise. The funds have facilitated the acquisition of Brazilian mapping firm Mappa and the global launch of AerologixMaps.

The $3 million investment into First Australians Capital was made through Block’s social impact fund. Block is the Dorsey-founded parent company of Australian fintech super unicorn Afterpay.

Its a David versus Goliath battle for the beers. Independent Sydney brewery Philter says the $2 billion Aussie craft beer sector is under assault.

The seed round was led by Blacknova VC, Salus Ventures and CoVentures. Phantm works Starbucks Australia and MECCA to replace plastic with sustainable alternatives.

The Summit community is an elite group of high-growth tech entrepreneurs who band together to help each other through the gruelling start-up and growth grind. The group is a part of Innovation Bay, which also facilitates communities of VCs and angel investors.