Loong Wang’s Metal is a Melbourne-San Francisco startup that raised a huge $45 million seed round. The startup was incubated by Airwallex founder Jack Zhang himself, and the fintech unicorn is its biggest backer. It is no secret that cryptocurrency infrastructure has issues. Consider the retail experience: You walk to your local and buy a […]
Eucalyptus sold to Hims & Hers for $1.6 billion earlier this year. Co-founder Tim Doyle explains the rationale behind the sale.
KIC founders Laura Henshaw and Steph Claire Smith are entering brick-and-mortar retail, launching a hydration line specifically for women.
Q3 was the biggest fundraising quarter on record for the Australian startup sector. However, 69 per cent of funds went to Firmus.
Diraq has progressed to the third and final stage of a quantum computing program run by the US Department of Defense. It comes with US$51 million in funding – with a possibility of another US$249 million.
Maincode, the AI lab building Australia’s first sovereign LLM, is spinning up a venture capital arm its hopes will turn leaders in finance, healthcare and entertainment into disruptors.
Harrison.ai founders Aengus and Dimitry Tran say their $789 million startup is reorganising to prepare for a commercialisation drive at home and abroad – but that R&D remains in Australia. Harrison.ai cut 15 per cent of its workforce earlier this year in a restructure founders Aengus and Dimitry Tran say will allow it to put […]
After nearly two decades building toy giant Zuru, Anna Mowbray is betting AI can disrupt recruitment. Her startup Zeil is now targeting Australia as the first step in a global expansion. Zuru cofounder and New Zealand rich lister Anna Mowbray is bringing her AI-powered recruitment platform to Australia, where she hopes will rival recruitment giants […]
The startup, which Blackbird said is its fastest growing investment ever, has hit $50 million in annualised revenue and is now moving to agentic healthcare. Key Takeaways AI healthcare startup Heidi has become Australia’s fourth unicorn of 2026, raising capital at a $1.26 billion valuation as it looks to hit break-even territory on its breakneck […]
As it heads towards a US$2 trillion IPO, AI titan Anthropic told Parliament it has accepted a broad copyright exemption is not on the table – but calls for a more narrow concession. AI giant Anthropic told a Parliamentary Committee that it will invest in large data centre projects in Australia, but called for the […]