
Aerologix raise takes Aussie drone company to new heights
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 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.
In a landmark position on Darling Harbour, the W Hotel channels a great Australian icon: the larrikin. Targeting millennium and Gen Z guests, design features of the hotel reference tattoos, grafitti, and ocean predators.
Australia’s preeminent tech executive sat down with Forbes Australia on the first day of SXSW Sydney, and didn’t hold back on the nation’s opportunity to lead in key sectors globally. Robyn Denholm is the Chair of the Tesla Motors board as well as the Australian Tech Council, and a partner in Australia’s leading VC firm Blackbird Ventures.
Amid changes in climate, Australian agricultural revenue is projected to fall by $13 billion next year. Agtech — the intersection of technology and agriculture — is one solution that could replenish the ditch.
He won 4 gold medals, competed in two paralympic sports, was Australian of the Year, and founded a non-profit for young people with disabilities. Now Dylan Alcott is pushing brands to do better in diversity representation.
New legislation has been introduced to govern the use of facial recognition and protect Australians privacy. But critics say it does not go far enough.