CEO shakeup at Vow amid restructure at lab-grown meat startup
Blackbird-backed startup Vow has cut jobs and gotten a new CEO as it looks to use its cell-culture technology to expand beyond the development of lab-grown meats.
Entrepreneurs
100k conversations and counting: Ovum earns $4m seed growing 30% month-on-month
Admiralty Capital led the round, which comes just 16 months after Ovum’s $1.7m pre-seed fundraise. In less than a year the women’s health platform has been downloaded 20,000 times, growing 30 per cent month-on-month.
Startups score CGT relief as Albanese Government introduces ‘innovation’ concession
On Thursday the Albanese Government amended its controversial capital gains tax proposal by allowing startups that qualify as ‘innovative businesses’ to retain the existing 50 per cent discount. Key Takeaways The Albanese Government on Thursday announced plans to offer capital gains tax concessions to the startup sector that will give certain founders, employees and investors […]
Why social media follower counts are no longer worth chasing
Opinion: After more than a decade working with creators, Day Management founder Genevieve Day explains why follower counts matter less than many marketers think—and what businesses should be measuring instead In 2015, I founded one of the country’s first digital-talent agencies, Day Management. I have been working in the creator economy since… well, before it was […]
Australia’s VC sector is the fastest growing in the world – but one key pool is drying up
Australia’s VC industry is on track to have its biggest year since 2022, a new report from Side Stage Ventures and the Australian Investment Council says, but most of that is going to the top end of town.
The AI bubble will burst. History tells us what happens next
Opinion: Artificial intelligence may transform the economy over the long term, but investors betting on today’s AI boom should remember the lessons of railways, dotcoms and every great technological mania before them, writes Toby Walsh.
Carbon capture startup eyes $50m capital raise as it opens Newcastle plant for business
MCi Carbon’s technology captures carbon and used it to create building materials, a double whammy in C02 reduction. After the grand opening of its first carbon refinery on Wednesday, it’s hoping to cap its next capital raise by the end of the year.
‘The future’: What sparked Gina Rinehart’s billion-dollar SpaceX investment
Australia’s richest person joins forces with the world’s richest to leverage local critical mineral assets and strengthen the Australia/US relationship. They will both potentially make billions more in the process.
I’ve interviewed more than 100 entrepreneurs. Here’s the biggest myth about success
Most successful businesses don’t begin with a master plan, argues Bernadette Schwerdt, who has interviewed more than 100 entrepreneurs.
Australians invent world-class climate tech. So why aren’t we buying it?
Opinion: Australia has no shortage of climate innovation. What it lacks are enough businesses willing to buy it, argues Asha Kayla, forcing many businesses to look overseas.