Yesterday
The great fake meat meltdown is taking plant-based burgers with it
When Alejandro Cancino founded Fenn Foods, he was entering an industry forecast to be worth $3 billion this decade. Then came the age of eating “real food”.
This Month
Manny Stul, John Hancock lead investors in celebrity fund
Family offices and other well-known businesspeople are piling into a $144 million vehicle that wants to partner with celebrities to launch consumer start-ups.
Former Disney chairman’s VC firm backs Kiwi start-up
WndrCo, the $US2.8 billion venture capital fund founded by former Walt Disney Studios head Jeffrey Katzenberg, now owns 4.7 per cent of Partly.
PAC Capital’s Clayton Larcombe charged with assaulting wife
The fund manager turned artificial intelligence investor, whose firm, PAC Capital, is in liquidation, has been charged with assaulting his wife.
Former Downer execs raise millions for robots that repair trains
Institutional investors, including Queensland Investment Corporation, back Brisbane start-up that has sold robots to Rio Tinto, Dubai Metro and Lufthansa.
AI robotics firm is new Aussie tech unicorn after blockbuster raise
Airtree and Quadrant led a big capital injection into the Sydney robotics start-up, catapulting its founders up the Young Rich List.
Blue Sky’s former Vinomofo stake to change hands; secondary brewing
The online wine retailer, previously backed by Blue Sky Venture Capital, has tapped PAC Partners to launch a recapitalisation and secondary share sale.
Atlassian AI job losses just the beginning as start-ups look to cut
Recent job cuts at public tech companies will be mirrored in private start-ups, as AI resets thinking on IPOs and valuations, say leading venture capitalists and founders.
Data centre start-up WinDC launches monster $176m Series A raise
Trident Debt Capital Advisors and Utiliti Group have been appointed as corporate advisers.
Why Airtree is betting on the end of the junior law firm associate
The changes taking place inside big law groups have spawned a new breed of software providers, now locked in an arms race over artificial intelligence.
Australia’s next tech unicorn is a cryptocurrency player
Stablecoin payments platform KAST has raised $113 million in its Series A funding round from two US venture capital firms.
Silicon Valley heavyweight brings private credit to Australian start-ups
Partners for Growth has raised $250 million to write loans for established Australian tech companies that need capital to expand.
Big name investors back ‘SaaSpocalypse’ busting AI software start-up
TestBox, a Silicon Valley start-up founded by Australian Sam Senior, is worth more than $70 million after attracting high-profile Australian and US investors.
Eucalyptus millionaires target new start-up investments with $15m fund
A VC fund run by a former tech lawyer and a Eucalyptus co-founder has raised the bulk of a new $15 million fund to back early stage start-ups.
Why not me? Fighters on the AI frontline
Belinda Dennett and Liesl Yearsley both realise the power of AI to reshape the economy and society, and have flung themselves into the race to lead the change.
Meet the women steering Australia’s high-tech future
From cattle stations to global trading floors, these three venture partners prove non-linear careers are the ultimate fuel.
GrainCorp, UniSuper back green fertiliser start-up; $30m raised
The start-up’s $30 million Series A round was led by the Gates Foundation, Investible and Yara Growth Ventures.
Leigh Jasper’s Firmable finds backers to secure valuation near $100m
The venture capital heavyweight sold his last start-up, Aconex, to Oracle for $1.6 billion. Now he is developing software to help sales people assess leads.
February
QR ordering platform Me&u invests for growth as maiden profit looms
Me&u, a mobile ordering start-up used in pubs and cafes, says it has the funds to invest in its first consumer app after showing a path to a maiden profit.
Blackbird reveals the eye-popping returns from its big Eucalyptus bet
The Australian telehealth unicorn announced its $1.6 billion sale to New York-listed Hims & Hers last year, minting a string of immediate millionaires.