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How Phoebe Gates and Sophia Kianni raised $35m to build an AI shopping unicorn

In the three years since Phoebe Gates and Sophia Kianni first asked the question “how can we make secondhand shopping easier?”, they’ve brought on investors like Kris Jenner, Sara Blakely and Hailey Bieber.

  • By Alexandra York

TikTok star Khaby Lame sells his core company in $975 million deal

Khaby Lame, the 25-year-old Italian content creator known for his tight-lipped comedy skits, has sold his company Step Distinctive Limited

  • By Martina Di Licosa

AI contract review firm Ivo raises $82m Series B

The round is led by Blackbird, which participated in the Series A raise less than a year ago. New investors include Costanoa Ventures, Uncork Capital, Fika Ventures, GD1 and Icehouse Ventures. 

  • By Shivaune Field
  • Business Journalist

Creator startup Fanvue raises $22 million to fuel the future of AI influencers

The London-based startup is helping creators make millions by giving fans access to exclusive content. Can its AI tools help it outcompete incumbents like Patreon and OnlyFans?

  • By Alexandra York

Asides

‘This business is rare’: Radek Sali on why Loco Love can’t keep up with demand

Sali and Byron Bay chocolatier Emica Penklis are rewriting the cacao rulebook and facing one of the sweetest problems a business can have: organic demand outstripping supply.

  • By Shivaune Field
  • Business Journalist

Slower, Deeper, Wilder: How travel changed for Aussies in 2025

If 2025 taught us anything, it’s that Australians no longer travel to tick boxes. We are travelling to reconnect with place, with people, and with how travel makes us feel.

  • By Ivona Siniarska
30 under 30 Out now

The 10 most-read stories on Forbes Australia in 2025

From rich lists and tech entrepreneurs to the safest countries in the world – here are the 10 stories that Forbes readers loved in 2025.

  • By Anastasia Santoreneos
  • Journalist & List Editor

One sheet every 3 minutes: Inside this Aussie couple’s budding bedding empire

Founded in 2017 by Hayley and Andy Worley, Sheet Society has become one of Australia’s fastest-growing bedding brands. Now, the company is entering its next chapter with a national retail rollout – and giving ‘room service’ a new meaning.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Bruna Papandrea on the gap Big Little Lies uncovered in Hollywood

Bruna Papandrea says the television show she executive produced, Big Little Lies, revealed a long-overlooked gap in television: compelling, women-led stories.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Inside influencer-turned-entrepreneur Eleanor Pendleton’s six-figure beauty launch

Haléau, the debut brand from former Gritty Pretty founder and beauty influencer Eleanor Pendleton, reached six figures in under a month – the result of three years, $200,000 and a few ‘calculated risks’.

  • By Anastasia Santoreneos
  • Journalist & List Editor
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