Australia
Read the latest technology news and analysis on investments, venture capital, founders, and startups in Australia.
Google to build first subsea fiber-optic cable connecting Africa with Australia
Google is preparing to build what will be the first subsea fiber-optic cable connecting the continents of Africa and Australia. The news comes as the major cloud hyperscalers battle it…
Indian ride-hailing giant Ola quits UK, Australia and NZ in international pullback
Indian ride-hailing giant Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international markets.
Rippling opens Asia-Pacific HQ as its international expansion gears up
After recent launches in the United Kingdom and Ireland, workforce management platform Rippling is continuing its ambitious international expansion with the opening of its Asia-Pacific headquarters in Sydney, Australia today.…
Peak XV, the venture capital firm that split from Sequoia Capital last year, is taking its portfolio companies from India, Southeast Asia and Australia on an “immersion” trip to Silicon…
Yume’s platform helps manufacturers turn potential food waste into money
While running a bar in Melbourne, Katy Barfield was taken aback by the large amount of ingredients thrown out at the end of each day. After doing some research, she…
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Australia’s climate tech industry is booming, but it could bust without funds
To date, $435 million has been invested into Aussie climate tech startups from international investors.
Sydney, Australia-based Leonardo.Ai is one of the latest generative AI startups to raise funding. Today, the AI art production platform for consumers and enterprise users announced a $31 million USD…
In Australia and New Zealand, a venture downturn isn’t the end. It’s time to shine.
The geographic isolation of Australia and New Zealand creates a sense of hustle, if not urgency, around raising funds and building a global product.
Australian investors say capital limitations push founders to ‘new heights of creativity’
This is part of a survey of investors focused on Australia and New Zealand. The following responses are from the Australian investors.
Many doctors are overwhelmed by paperwork, leaving them stretched thin, with less time to see patients. Based in Melbourne with plans to expand around the world, Heidi Health wants to…
Poshmark to shut shop in India, Australia and UK in abrupt retreat from international markets
Poshmark is shutting down its international businesses — operations in India, Australia and the U.K. — as the social shopping marketplace shifts attention to “core markets,” the company informed customers.…
Australia fines X for failing to provide information about child abuse content
eSafety, the Australian regulator for online safety, issued a $386,000 fine against X (formerly Twitter) Monday for failing to answer “key questions” about the action the platform is taking against…
Singapore’s tech subscription service Circular wants to keep devices out of the landfill
Circular, backed by Y Combinator, is a service that offers consumers in Singapore and Australia subscriptions to high-end electronics, like iPhones, Samsung Galaxy, iPad Pros and MacBook Pros. Not only…
Greener for Business launches to help Australian SMBs move to net zero
Greener, the Australian cleantech startup that creates custom action plans to help its customers become more environmentally sustainable, is launching Greener for Business today. Aimed at Australian SMBs, Greener for…
US, Australia cyber agencies warn IDOR security flaws can be exploited ‘at scale’
U.S. and Australian government cybersecurity agencies are warning that common and easily exploitable security vulnerabilities in websites and web apps can be abused to carry out large-scale data breaches. In…
Bootstrapped to 800,000 users, online programming community JDoodle lands funding
Started as a side project, JDoodle, which lets developers practice more than six dozen programming languages on one website, hit 800,000 users while being bootstrapped. Now the Australia-based startup has…
Australian clean tech Endua fixes renewable energy’s intermittency problem
One major problem with renewable energy sources like wind, solar and hydro is intermittency. This means they cannot be relied on constantly since, for example, the sun might stop…
Apple releases satellite-based emergency SOS feature in Australia and New Zealand
Apple made its emergency satellite communication features available to users in Australia and New Zealand on Monday. The company said that users with iPhone 14 in the region can contact…
Australia banned TikTok on official devices today, joining western countries including the U.S. and the UK to ban the app.
Enterprise project management and team collaboration platform monday.com is digging deeper into the Asia-Pacific with the opening of its new regional headquarters in Sydney. Founded in Israel, monday.com opened its…
Fable Food lands Series A for its mushroom-based meat alternatives
The promise of alternative meat products has been under scrutiny lately, with articles in Bloomberg and The Washington Post questioning if it’ll ever be truly embraced by consumers. Other news…
Two quantum-adjacent technologies — quantum sensing (QS) and quantum communication (Qcomm) — are as important as quantum computing hardware itself since they help make quantum computers function more accurately. A…
Twitter users in Australia and New Zealand have been facing issues accessing the service for over 12 hours, they say, as the Elon Musk-owned social network continues to grapple with…
Operative Intelligence helps contact centers figure out what customers really need
A company may have a good contact center, but ideally they are able to help customers before they need to make a call. Operative Intelligence helps contact centers figure out…
The Australian Federal Police claims to have identified the cybercriminals behind the Medibank ransomware attack, which compromised the personal data of 9.7 million customers. AFP Commissioner Reece Kershaw said on…
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Medibank breach: Hackers start leaking health data after ransomware attack
Medibank has urged its customers to be on high alert after cybercriminals began leaking sensitive medical records stolen from the Australian health insurance giant. A ransomware group with ties to the notorious Russian-speaking REvil gang began publishing the stolen records early Wednesday, including customers’ names, birth dates, passport numbers and…
Blackbird’s latest $1B AUD fund signals maturation of Australian, New Zealand venture scene
The Australian and New Zealand startup community will see a boost in funding this year. Blackbird, a VC fund based in the two south Pacific countries, on Wednesday closed a…
Samsara Eco raises $54M AUD for its ‘infinite plastic recycling’ tech
Samsara Eco, an Australian startup that uses enzyme-based technology to break down plastic into its core molecules, announced today it has raised $54 million AUD (about $34.7 million USD) in…
Square Peg Capital closes $550M fund for Southeast Asia, Australia and Israel
It’s a tough market for venture capital, but Square Peg Capital is plowing ahead with its focus on Australia (where it is based), Southeast Asia and Israel. The firm announced…
Greener wants to help consumers and businesses be more sustainable
Many consumers and companies want to reduce their impact on the environment but may not know where to start or how to sustain the necessary changes. Tom Ferrier, the founder…
