ASX-listed biotech Emyria (ASX:EMD), which is developing psychotherapy treatments using MDMA (aka ecstasy) and psilocybin (aka magic mushrooms), has raised $2.5 million in equity offering backed by existing investor Andrew Forrest through the healthtech company. fund Tenmile, part of its private investment group, Tattarang. The $2.5 million placement was jointly [...]

city ​​map is to lower the paywall around its premium features and the introduction of a new plan purely for the removal of ads. The move comes less than two months after the popular transportation and travel planning app was snapped up by mobility technology company Via. London-based Citymapper, which [...]

Electric cargo bike startup Zoomo has cut its workforce for the second time in six months, making 27 positions redundant, just weeks after the collapse of major customer Milkrun. “Zoomo has made the difficult decision to reduce its total workforce by 8%. The restructuring will accelerate our path to company-wide [...]

Ryan Breslow, the sassy founder and former CEO of Bolt, told australiabusinessblog.com in 2022 that he would be leaving the one-click checkout company to start a new company in the health and wellness industry called Love. Well, today is not only Global Love Day, but also the launch of Love. [...]

The federal government has committed $3.4 billion over the next decade to an Advanced Strategic Capabilities Accelerator (ASCA) to develop advanced military technologies. The proposal is part of the Defense Strategic Review released last week, which recommends spending $19 billion over the next four years to support more effective innovation [...]

Ann Laia managing partner Bullpen Capital, has been fired from the company, she says. The investor described the termination experience as “discriminatory and retaliatory” in a LinkedIn post published Monday. Lai helped raise Bullpen Capital’s most recent fund, a $145 million investment vehiclethe first investment vehicle in which she was [...]

The stakeholder engagement platform, Fresh Equities, has raised $4 million and changes its name because it appears to improve public company communication with investors. The round was led by Sydney VC EVP. The company has also been rebranded as InvestorHub as it appears to be expanding into international markets such [...]

Ahead of Meta’s launch of text-based social network, a women-founded social networking startup RTRO launches its app this week with the goal of connecting brands, creators and their fans and followers in a more positive environment focused on human connections and communities, not algorithm-driven content. To achieve this, RTRO divides [...]

Former NSW digital government minister Victor Dominello has a new job after leaving politics in the March state election. The announcement comes on the same day that Jihad Dib, the new Labor minister responsible for digital government, marked Privacy Week and announced the imminent launch of the NSW Digital ID [...]

Michael Dobrowski Contributor Michael Dombrowski is the corporate treasury lead Rho and an investment advisor representative who specializes in corporate fixed income investments and cash management. Recent banking industry developments leading founders to look for places to diversify their cash reserves left markets wondering if the Fed would follow these [...]