Yesterday
Canva poaches a mastermind of Zoom’s IPO
The appointment ends eight months of speculation after Canva’s former chief financial officer stepped down after allegations of misconduct.
- Updated
- Amelia McGuire
A top CEO reveals what you shouldn’t do in a job interview
Cicada Innovations chief Sally-Ann Williams discusses tips when trying to advance your career, and the thing she does every morning to make better decisions.
- Sally Patten and Martin Peralta
QIC bets on Aussie climate tech companies, backs $200m VC
Queensland’s sovereign fund has joined Westpac and Clean Energy Finance Corporation in backing Virescent Venture’s second climate-focused fund.
- Sarah Thompson, Kanika Sood and Emma Rapaport
This Month
- Opinion
- Opinion
The tech industry must evolve beyond ‘problematic geniuses’
A venture capitalist’s controversial comments about investors seeking out “problem child” founders as tech leaders showed outdated thinking that pervades the sector.
- Claire Bristow
Software unicorn SafetyCulture to be run from New York with new CEO
SafetyCulture’s founder Luke Anear says he never really wanted to be chief executive, and that the company may be more likely to go public under Kelly Vohs.
- Amelia McGuire
VC-backed video start-up 90 Seconds fields interest, hires advisers
90 Seconds’ owners have hired Singapore-based boutique investment bank Sansa Advisors to field inbound inquiries and oversee the diligence process.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘If we lose everything, we can just get a regular job’
From a childhood that was “pretty tough” in parts, Dom Pym founded 22 companies including neobank Up, which he sold for $116 million. Now he wants to elevate Australia’s venture ecosystem.
- Yolanda Redrup
- Meet The Ceo
- BOSS
This former investment banker now runs a $2b caravan park business
Grant Wilckens spent his early career raising capital for clients. Now he’s the CEO of the holiday parks company he founded, G’Day Group.
- Sally Patten
Life360 to roll out tracking for pets, elderly relatives to its users
Chief financial officer Russell Burke says the company can simultaneously protect customer data and expand its advertising platform.
- Amelia McGuire
‘We gave it everything’: AI start-up calls it quits after raising $60m
Administrators are looking for buyers of the assets of fallen retail company Hivery, which had raised over $60 million from leading VC firms.
- Paul Smith
Airtree partner says ‘problematic’ founders can still be accommodated
Craig Blair, an influential venture capitalist, says visionary founders are often “deeply flawed” but should be supported as they create great businesses.
- Yolanda Redrup
- Exclusive
- Fintech
Fintech offers $8m bridging loans in minutes as Citi backs $250m facility
Bridgit uses AI to approve loans for those looking to buy their next home before their existing one has sold. It claims an average approval time of about four hours.
- Paul Smith
Metigy founder charged after using company money to buy luxury homes
The boss of now collapsed AI start-up Metigy has been charged with misleading conduct after allegedly using company money to buy the properties for $18 million.
- Amelia McGuire
Profits slump at workplace unicorn Deputy after hiring spree
The company makes software used by workers to manage their rosters. Its valuation topped $1 billion this year after an investment from a US labour hire firm.
- Tess Bennett
Gold Coast rocket company gets green light for first launch
After a two-year battle with the regulator, Gilmour Space has been granted approval to launch its Australian-made rocket to compete with SpaceX.
- Tess Bennett
Have a listen to this AI sales call – it’s getting scarily realistic
When it came to selling a new range of drinks to schools, supermarkets and petrol stations, a Brisbane entrepreneur succeeded with artificial intelligence.
- Tess Bennett
Crowdfunding platform Equitise calls in administrators
Equitise, which helps companies raise capital without hiring expensive investment bankers, fails to secure fresh funding needed to keep its operations afloat.
- Paul Smith
Milkrun founder Milham returns to his roots at Koala
Koala co-founder Dany Milham will return to the chief executive role at the online furniture retailer he created in 2015, as it booked an annual profit.
- Paul Smith
Australian crypto giant Immutable faces SEC blowtorch
The video game software company was founded by the two sons of a Macquarie banker and in 2022 had a valuation of around $3.5 billion.
- Amelia McGuire
October
- Updated
- Canva
Canva valuation leaps to almost $50b as overseas investors eye Australia
The design software giant is the largest of the country’s privately owned technology firms, and is seen as a bellwether for the local start-up sector.
- Updated
- Amelia McGuire, Tess Bennett and Paul Smith