Sydney-based generative AI art platform Leonardo.Ai raises $31M

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 r

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.

Avarni gets backing to help large enterprises hit their net-zero goals

For a lot of companies, Scope 3 emissions make up the bulk of their carbon footprint, but are time-consuming and expensive for them to track. As more regulation mandating Scope 3 reporting is passed,

Blackbird backs Heidi Health’s AI platform for overworked doctors

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 ease the burden

Varda Space will land its next capsule in Australia as it continues to coordinate first mission reentry

In-space manufacturing startup Varda Space Industries will land its next spacecraft in Australia as it continues working with U.S. regulators to get its first mission approved for reentry in Utah, the

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,” th

Darwinium brings digital security and fraud prevention to the perimeter

Back in 2018, LexisNexis acquired the digital identity platform ThreatMetrix for just under $820 million in cash. In 2021, ThreatMetrix co-founders Reed Taussig and Alisdair Faulkner returned to the w

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 takin

ALIAVIA Ventures fights gender funding inequalities in the US and Australia

Founded by two tech veterans, ALIAVIA wants to close the funding gap for female founders. It invests in female-led startups, especially those that want to bridge the Australian and American markets. T

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 onl

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 S

Elon Musk’s X removes general option to report misleading info about politics

X (formerly Twitter) appears to have removed an option that allowed users in a handful of markets to directly report misleading information about politics. An Australian digital research group called

Social media giants urged to tackle data-scraping privacy risks

A joint statement signed by regulators at a dozen international privacy watchdogs, including the U.K.’s ICO, Canada’s OPC and Hong Kong’s OPCPD, has urged mainstream social media pla

Meet Relume, the bootstrapped AI web builder that wants to supercharge Figma and Webflow

Despite the abundant venture capital available for startups in the current wave of generative AI breakthroughs, totaling $14 billion in equity funding as of August this year, Relume has turned down in

Main Sequence hits first close of $450M AUD for its third deep tech fund

Main Sequence, an Australian venture capital firm, said Wednesday it has raised the $450 million AUD (approximately $303 million) first close of its third fund. The venture capital firm, founded by Au

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

Australian software giant won’t say if customers affected by hack

Australian enterprise software company TechnologyOne has halted trading after confirming it was hit by a cyberattack. In a stock exchange filing on Wednesday, the Brisbane-based software maker said it

Go1 snaps up speed reading app Blinkist to expand in enterprise learning

After raising $100 million at a valuation of over $2 billion last year, the Australian edtech startup Go1 is making an acquisition and getting some investment to expand its reach and technology to ser

Cultured meat firm resurrects woolly mammoth in lab-grown meatball

Truth, as the saying goes, is often stranger than fiction. The very notion of resurrecting the long-extinct woolly mammoth was the stuff of fantasy not that long ago, but scientists are already workin opens its APAC headquarters in Sydney

Enterprise project management and team collaboration platform is digging deeper into the Asia-Pacific with the opening of its new regional headquarters in Sydney. Founded in Israel, monday.
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