AI made founding a startup easier than ever – but VC data shows funding is getting harder
It is true that AI has made creating a software startup easier, but data from Cut Through Venture indicates getting funding may be another story.
Startup
The UK’s $100 billion fintech disruptor takes aim at Australia’s big four banks
Revolut, a UK fintech last valued at US$75 billion ($104 billion), has been approved to operate banking services in Australia. It plans to spend “nearly” $400 million to win over the local market.
Chinese AI startup Moonshot unveils Kimi K3 Model—Will it challenge OpenAI and Anthropic?
The Chinese startup called its AI model the “new frontier of intelligence.”
Australian startups punch above their weight. Coming from America, I think I know why
Opinion: Australian startups turn modest venture capital funding into global companies more efficiently than anywhere on earth. The reasons are in the dirt and distance, argues partner at Side Stage Ventures, Elli Hanson
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.
Blackbird’s $200m punt on this AI startup is its biggest investment ever
Blackbird invested over $200 million in Californian startup Baseten’s Series F, backing the AI infrastructure startup’s plan to drastically reduce the cost of AI deployment.
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 […]
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.
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.
He hacked Teslas for Elon Musk. Now he’s launching a $100 million AI cyber agent
Startup Pi counts xAI as one of its first customers, as its AI agent looks to fix security vulnerabilities for the world’s premier labs.