Yesterday
Barclay Pearce MD lands at fintech to launch wealth business
Former Barclay Pearce Capital managing director James Whelan has joined Volatility Group to run its new wealth division.
Waste-to-energy start-up launches capital raising; taps PKF
Corinthian Energy Resources is seeking to raise $18 million to tackle the Philippines’ waste management problem.
July
Australia’s attempt at entering space race lasts less than 30 seconds
The first domestically manufactured rocket has crashed and exploded shortly after it was launched by Gilmour Space in Queensland.
Childbirth medtech eyes US market with $30m raise
Perth-based VitalTrace has tapped Acova Capital to raise funds for its commercialisation push.
Australia’s AI gold rush is heading offshore, and we’re digging
Australian investors pouring money into US AI companies, such as Mira Murati’s Thinking Machines Lab, is no cause for celebration.
Barrenjoey revalued Rokt holdings up 28pc citing earnings surge
The online shopping software provider was already valued at $5.3 billion when the firm, alongside Square Peg and Tiger Global, bought shares.
Court says Seek can’t kick Employment Hero off platform, for now
The billion-dollar human resources start-up has alleged it was being unfairly targeted by the ASX-listed giant, which is both an investor and competitor.
A 17-year-old who sent Paul Bassat a cold email now has a $2m cheque
Irish teenager Liam Fuller came to Sydney for a holiday with his dad and left with cheques from several investors, including a big one from Square Peg Capital.
How an introvert’s brand raked in $8m in sales
Hayden Brass knew his humble family business could be more. Now the founder of health and wellness company Zea is a 2025 BOSS Young Executive.
Employment Hero sues Seek, an investor and rival, over platform access
The fast-growing human resources start-up is now valued at $2 billion and has been increasingly competing with the recruitment platform, which remains a backer.
Sydney start-up scores $23m in US fund’s first Aussie deal
Chris Wirasinha has already had one successful company in Pedestrian, now he’s creating a new model of content marketing to benefit publishers and brands.
Start-up dealmaking hits $2.9b this year, almost equal to entire 2024
For two years, a listing on the ASX has been an unattractive option for many of the funds backing early-stage businesses. Now there’s hope this will change.
Divorce funding start-up JustFund secures $200m facility as loans grow
A start-up which provides loans to people who cannot afford divorce lawyers has secured debt funding from private credit provider MA Financial.
Hostplus-backed electric aircraft start-up launches $30m capital raise
AMSL Aero has tapped Allunga Advisory’s Matt Rogers to launch its Series B equity round.
Breakthrough Victoria cuts staff, but sees tech as the future
The future of state-owned Breakthrough Victoria will likely be determined by a review, but new CEO Rod Bristow’s mission is to make the VC fund self-sustaining.
Surprise fall in tech start-up funding as deals dry up
Deals fell to their lowest level in 18 months in the June quarter, as VC firms kept their powder dry and funding for female founders reached record lows.
The ex-AFL player who became an influencer vet to sell dog food
Will Maginness quit AFL to become a vet. Now he’s turning 135,000 Instagram followers into a growing dog food company with a potential $20 milllion valuation.
CSIRO start-ups merge to create $150m company
Two technology start-ups spun out of the CSIRO have raised $11 million from wealthy investors to combine the two businesses.
Former rock star and banker Kim Jackson wants to be the next Buffett
A Google search will say she’s Atlassian billionaire Scott Farquhar’s wife. But this veteran dealmaker has plenty of main character energy.
Wingate bankrolls start-up lender Kashcade
The $50 million facility will allow Kashcade to lend to more than 250 new companies.