Entrepreneurs

Two new-age insurers banked more than $100 million in funding in Q2, 2024. Forbes investigates whether this signifies a rising trend – or a bucking of.

The planet’s latest billionaire is a helicopter-flying transgender woman who made a fortune saving her daughter’s life.

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)”.