Entrepreneurs

In 2019, Sadi Khan founded Aven. Five years on, it has hit a $1 billion valuation and is backed by big-name investors. But is it a good idea?

After selling Candy Crush developer for $5.9 billion, one cofounder Sebastian Knutsson has a new gaming startup.

Melbourne-headquartered JigSpace is on a roll. It is being compared to Canva and completed its latest fundraising round in the same week Apple CEO Tim Cook called the company ‘incredible.’

Blackbird and Atlassian Ventures led the $11.5 million seed funding round for Redactive AI – a Melbourne-based developer platform co-founded by former Atlassian product managers.

Emma Lewisham launched her namesake beauty brand in 2019 with a view to create luxury natural products. Five years on, she’s successfully penetrated the Australian and New Zealand markets – and sales are surging overseas.

With support from American Express’ longtime CEO Ken Chenault, the founder of fintech Bilt Rewards has become a billionaire creating a membership rewards program for apartment and home renters across the country.

The startup, last valued at about $560 million, has launched its fifth offering, targeted at men’s health.

The upstart Australian quantum startup, Diraq, which hopes to build a quantum computer the size of a fridge utilising standard silicon chips, has announced it has achieved “record control accuracy of 99.9% for a quantum bit (qubit)”.

More than $1 billion in prize money is at stake for the sport’s top players—including a $20 million payday at this weekend’s 2024 U.S. Open.

She put Hollywood on hold a decade ago to raise a family with Ryan Gosling. Now the 50-year-old actress is reemerging as a cleaning-supplies entrepreneur, and dishes on why doing dishes is her happy place.