When the exchange wrote about the startup scene in Sweden late last month, we said we were going to Scandinavia again this week. Well, a promise is a promise. But after spending hours watching YC’s Winter 2023 Demo Day pitches this week, we also couldn’t help but try to connect [...]

The country’s first sodium-sulphur (NAS) battery is operational at a mine in Western Australia as the industry explores new ways to transition to renewable energy. The Future Battery Industries Cooperative Research Center (FBICRC) is behind the installation of the 250 kW/1.45 MWh Battery Energy Storage System (BESS) demonstration unit, designed [...]

To get a roundup of australiabusinessblog.com’s biggest and most important stories delivered to your inbox every day at 3PM PDT, register here. Hello, and welcome to your Friday. Did the week last or did it move quickly for you? Or maybe you had today off. Never mind, I’m here to [...]

If you are a new mom who wants to document every moment of your little bebe in a baby book, but can’t find the time and effort, this new app is for you! Baby journaling platform Dujour baby has launched a memory book app to help moms easily record and [...]

Insurance is one of the few industries that have remained largely unchanged over the past few decades at a low level: You suffer losses as a direct result of something going south, and you get paid by your insurer. But that old model doesn’t always work. For example, a construction [...]

A Melbourne startup hoping to build a mental health app to help people clear their heads has raised $800,000 despite being at least 9 months away from releasing a product. Named Modo, the startup is backed by Archangel Ventures, Black Sheep Capital, Co Ventures, Giant Leap Fund, the female founder-focused [...]

Hello, and welcome back to Equitya podcast about the business of startups, where we unravel the numbers and nuances behind the headlines. This was Y Combinator week in a sense, with the well-known accelerator showing off hundreds of startups over a two-day period. We had some thoughts on that. But! [...]

The Australian government has banned TikTok from all public devices, claiming the app poses a “significant protective security risk” to the Commonwealth. Attorney General Mark Dreyfus announced on Tuesday that he had authorized a mandatory directive to ban the TikTok social media app from any device issued by a Commonwealth [...]

Start up AI research Anthropic aims to raise as much as $5 billion over the next two years to take on rival OpenAI and enter more than a dozen major industries, according to corporate documents obtained by australiabusinessblog.com. A pitch deck for Anthropic’s Series C fundraising round reveals these and [...]

Researchers at the University of South Australia (UniSA) are fueling the waste management game by deploying artificial intelligence (AI) in bins to monitor public garbage collections. The technology will be used to predict which places produce more waste so authorities can plan how often public bins need to be emptied. [...]