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Two Melbourne engineers turned undergrad frugality into a superpower, leveraging their Forbes Australia 30 Under 30 listing into a space up and comer. At an age when most engineering grads are still polishing their LinkedIn pages, Shoaib Iqbal, 25, and Przemyslaw “Joey” Lorenczak, 28, have put four hyperspectral sensors into orbit for less than the […]
There’s a revolution going on in cancer treatment with more than 1,000 clinical trials underway into CAR-T therapies promising an immune response up to 1,000 times stronger than ordinary immune cells. Chasing a market worth billions, we take a look at three Australian biotechs with their elbows out. “We take your immune cells, we engineer […]
QuickBooks has launched a new “virtual team” of AI agents in Australia to help small businesses recover billions in unrealised growth, with new research showing inefficiency costs the sector an average of $209,000 per firm each year. Key Takeaways Key background Intuit QuickBooks, the dominant global player in small-business accounting software, is pushing harder into […]
Less than a decade after launching AirTrunk, Robin Khuda is building data centres on a scale once unimaginable — and says the next decade’s AI infrastructure build-out will be “the biggest gold rush in human history”. AirTrunk founder and CEO Robin Khuda is set to announce a one-gigawatt data centre in the Asia Pacific in […]
What began as two mates drinking at the Opera Bar wondering how to afford their watch habits turned into Panzera – a Sydney-based brand making Swiss and Australian timepieces selling around the world. By his own admission, Andrew Herman had no business starting a watch company. He wasn’t a watchmaker, he wasn’t Swiss, and he […]
Once a Melbourne university spin-out, now a billion-dollar U.S. medtech, Synchron has secured $308 million to accelerate brain-computer interfaces — and Australia’s government is paying to bring it home. Key Takeaways Key Background Synchron’s brain computer interface was developed by founders Tom Oxley, a neurologist and brain surgeon, and Nick Opie, a professor of bio-medical […]
Sydney-based Hullbot, maker of autonomous underwater robots that scrub ship hulls, has raised $16 million in a Series A round led by climate-focused funds. Key Takeaways Key Background Hullbot CEO Tom Loefler founded the company based on recognising that biofouling was a persistent, costly problem in global shipping. Traditionally, vessels are cleaned infrequently in dry […]
In a Q&A with Sarah O’Carroll, the CEO of Terrace Tower Group reveals the routines, rituals and obsessions that shape his life – from AG1, creatine and coffee to European summers, Japanese cuisine and his soft spot for Oasis. This story appears in Issue 19 of Forbes Australia, out now. Tap here to secure your copy. […]
Anduril, the company that opened a submarine factory in Sydney today, sits somewhere between a sovereign capability saviour and a sci-fi character. Anduril’s Asia Pacific CEO David Goodrich asked his board to start building a submarine factory in Sydney 18 months before any contract was signed. “I had a lot of sleepless nights,” he says […]
Brad Moran has applied the same lessons he picked up as an AFL footy player and start-up founder to property redevelopment, the culmination being a Queensland mega-mansion built to delight. This story appears in Issue 19 of Forbes Australia, out now. Tap here to secure your copy. “What I have is a very stimulated brain that […]