Entrepreneurs

As many Australian business owners gear up for retirement, uncertainty around the Budget’s CGT changes may harm succession plans and retirement outcomes

Airtree and the NRF led a $158 million round in March that valued Advanced Navigation at over $1 billion. Documents lodged with ASIC reveal a sharp rise in revenue and a fall in losses in the lead up to that unicorn round.

Australian Retirement Trust has backed Gilmour Space Technologies, extending the startup’s $217 million Series E which valued it at over $1 billion.

Maternal monitoring platform Oli has closed a $6.5 million Series A3 round – drawing funds from Scale Investors, the University of Sydney, and Clare Ventures – to address postpartum hemorrhage, which globally takes the life of one mother every 8 minutes.

Alex Zaccaria, the founder of unicorn Linktree, is among the Australian founders aggrieved by proposed changes to the capital gains rate. He believes the Government is well intentioned, but that the result will be more and more Australian startups shifting their centre of gravity to the US.

Injectable peptides are booming across wellness and biohacking circles, but the science and regulatory oversight are struggling to keep pace, writes Dr Sophia Moscovis.

Airtree co-founder Daniel Petre has problems with the Labor Government’s proposed changes to capital gains taxation, but says “screeds” on LinkedIn won’t solve anything.

Carlos Sainz is best known for the Williams helmets he wears at the F1 track, but his coveted head of hair has given rise to a global ambassadorship for L’Oréal Paris. We caught up with the motorsport pilot at the Cannes International Film Festival and discussed prioritising high-performance over high-maintenance.

The quantum computing startup will receive up to $53 million to establish a supply chain in the US. Later this year it hopes to progress through a US Defence initiative that could score it an even bigger windfall. Andrew Dzurak first received grant funding from the US Government when he was a quantum academic in […]

Michael Biercuk was one of many startup founders who joined Allegra Spender’s roundtable on capital gains tax reform.