Hello and welcome back to Equitya podcast about the business of startups, where we unravel the numbers and nuances behind the headlines. This is our show on Wednesday, in which we resign ourselves to a single topic, think about a question and unpack the rest. This week, Natasha chatted with [...]
A regional NSW startup expanding Wi-Fi coverage on farms has raised $12 million in a Series A. CEO and founder Dan Winson said the past few years have confirmed that the ag sector is eager to embrace digital technology and automation if they have the connectivity to support it. “We [...]
Einride today announced a $500 million tranche of funding to expand its autonomous and electric trucks into new markets globally. The cash infusion consists of an equity-based $200 million Series C portion from lenders including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure and Norrsken VC. In addition, [...]
After a severe thunderstorm damaged an ATSpace rocket on the launch pad in November, the company has announced that repairs are complete and they will attempt another launch in the coming weeks, followed by another already planned launch of a second rocket. Dr. ATSpace CEO Yen Sen Chen said they [...]
In 2018, the appliance conglomerate Bosch created a start-up, Security and Safety Things (or “SAST” for short), with a stated mission to develop a platform to help developers create software for AI-enabled cameras. SAST would host a moderated, vetted “app store” for Internet-connected cameras that would allow developers to build [...]
The Federal Court ordered Uber to pay the $21 million fine after the U.S. tech giant admitted it engaged in misleading or deceptive conduct and made false or misleading statements to consumers following legal action brought by the competition regulator ACCC. The breaches of Australian consumer law also concerned the [...]
To get a roundup of australiabusinessblog.com’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Well, hello there, and welcome to your Tuesday Daily Crunch. I will be your host this week Hey operates from a secret location where day is night and [...]
At Startup Daily’s recent 2023 Tech Playbook From Idea to Unicorn event, our expert panel discussed the state of capital from pre-seed to IPOs. There’s no denying that 2022 has been challenging for startups, but there are some bright spots in some areas. In general, there is a sharp decline [...]
Fintech was hot in 2021, but looking back… maybe too hot? The industry exploded last year, seeing record investment — $132 billion worldwide, according to CB Insights — with many startups reaching sky-high valuations, including Stripe at $95 billion, Klarna at $45 billion, and Plaid at $13 billion. While these [...]
If you ask three different people if we are in a recession, you will quickly get three different answers. As often as the “R” word is used in technology, a survey of 450 early-stage founders found that only 12% plan to hire fewer employees and 6% have laid off people. [...]