Australia doesn’t need copyright change to win data centre billions, AI boss says
Copyright law has become the central flashpoint of Australia’s AI and data centre policy. Sharon AI chief executive James Manning says no changes are needed.
Entrepreneurs
Brandon Capital scores its biggest return ever with $2.1bn biotech acquisition
Brandon Capital led cancer therapeutics startup Myricx Bio’s $8.5m seed round in 2019. Now Novartis is buying it for up to $2.16 billion. One of Australia’s longest tenured VC firms will soon enjoy its best ever return on a single investment following Novartis’ US$1.1 billion ($1.58 billion) acquisition of London biotech startup Myricx Bio. Melbourne-headquartered […]
Samsara Eco kicks off $100m raise to recycle critical minerals
After forging deals with Lululemon and LSKD for its recycled fabrics, Samsara Eco is looking to develop a means of extracting and reusing rare earth metals.
IREN co-founders score $1.14 billion pay packet amid AI bonanza
The board of Sydney-headquartered IREN approved a four-year stock compensation package for co-CEOs Dan and Will Roberts currently worth over $570 million each. The board of Sydney-headquartered, New York-listed IREN has approved an equity package for co-founders Will and Daniel Roberts valued at US$788 million ($1.14 billion) based on its stock price today. Each brother […]
The 2026 Tech23 cohort has a clear theme: sovereign capability
A new crop of founders is sprouting in Australia, working to innovate solutions for healthcare, space, energy independence, and our natural resources sectors.
This drone startup bagged BHP, Rio Tinto as customers. Now it’s raised $25m to tackle defence spending boom
Emesent, a drone tech startup spun out of CSIRO, has raised $25 million in a round that includes NGS Super, Hostplus, Main Sequence and the NRF. CSIRO-spinout Emesent has raised $25 million in fresh funding, including $10 million in venture debt from the National Reconstruction Fund, as it aims to jump further into the exploding […]
New ‘payday super’ changes come into effect today. Here’s what you need to know
Employers will be required to pay superannuation monthly as of tomorrow rather than the existing quarterly scheme as the Government attempts to crack down on unpaid super.
Advanced Navigation rides deep tech boom with first US manufacturing hub
After raising over $150 million, deep tech unicorn Advanced Navigation is expanding internationally with a manufacturing plant in Alabama and upcoming acquisitions across the US and Europe.
Airwallex mega raise nearly doubled its valuation in a year
Titans of finance including Baillie Gifford and T. Rowe Price have backed Airwallex in the startup’s US$320 million Series H, which values the Australian-born startup at $16 billion.
Amal Clooney on empowering female entrepreneurs and CWI’s global impact
The barrister, law professor and co-founder of the Clooney Foundation for Justice joined the 2026 Cartier Women’s Initiative celebrations in Bangkok, to mentor and award fellows from all over the world. Partnerships are vital to scaling impact, Clooney says.