Tag: Startups

EMDG scheme gets $60 million boost

Posted on   |  by James Riley
The federal government will give the Export Market Development Grants scheme a $60 million top up in this week’s budget, a popular support program for tech companies and startups....

Airwallex achieves unicorn status

Posted on   |  by Aimee Chanthadavong
Melbourne-based cross border payments platform Airwallex has just earned unicorn status, following a successful Series C fundraising round of US$100 million. The fintech, which is now valued at over...

$12 million added to SA space push

Posted on   |  by James Riley
The federal government has pledged an additional $12 million to the local space sector, with a new mission control centre and education facility to be established in Adelaide. But...

Salesforce offers $70M Australia fund

Posted on   |  by James Riley
American tech giant Salesforce has launched a $70 million-plus venture capital fund in Australia, but funding will only go towards startups in the company’s own “ecosystem”. The $US50 million...

Digitising policies for a new century

Posted on   |  by James Riley
Converting information from a Word or PDF document into a website sounds like no big deal. But when it’s the final report of the Banking Royal Commission and there...

Tech unites for AA bill submission

Posted on   |  by James Riley
The government’s new encryption-busting powers are already having a “profoundly negative” impact on the Australian tech sector, as industry heavyweights unite to demand changes to the controversial new laws....

DTA sticks to Surry Hills

Posted on   |  by Aimee Chanthadavong
The Digital Transformation Agency (DTA) will be forced to move out of its current tenancy at 241 Commonwealth Street, Surry Hills when its contract lease agreement ends in April....

Mergers changes to hit startups

Posted on   |  by Denham Sadler
The competition watchdog’s proposed changes to Australian merger and acquisition laws could damage local tech companies and their ability to reach an exit, according to Tamme co-founder Jessica Glenn...

Local tech firms win Nobel prizes

Posted on   |  by James Riley
Local tech firms win Nobel prizes Biomedical company Trimph, health insight firm Prospection, and agrifood tech business Moisture Planting Technologies were each awarded Nobel prizes during a special Nobel Gala...