Innovation

The investment will roll-out over the next two years, and will be the single largest investment in is 40-year history in the country.

Married billionaire Eric Schmidt launched a startup with 29-year-old entrepreneur Michelle Ritter while they were dating, blurring his professional and personal life.

Form Energy, led by a former Tesla executive and backed by Bill Gates’s Breakthrough Energy Ventures and TPG, sees iron and rust as a low-cost solution to storing surplus energy for more than four days. 

X, formerly known as Twitter, is launching two tiers of premium subscriptions.

Backed by US$120 million in venture funding, Stanford professor Christina Smolke’s company Antheia just completed its first scaled production of a key drug ingredient. 

Chef Neil Perry tasted food-tech startup Nourish Ingredients’ first product – a vegan animal fat made with precision fermentation – unveiled at SXSW Sydney yesterday.

Two of the four Big Four banks have adopted ConnectID, a new digital identity solution created by Australia Payments Plus (AP+), as Australia moves to prevent fraud and identity theft.

New import bans have sent retailers scrambling to prove their supply chains are free from cotton originating from places like China’s Xinjiang region — or else risk millions in seized merchandise. 

Australia’s preeminent tech executive sat down with Forbes Australia on the first day of SXSW Sydney, and didn’t hold back on the nation’s opportunity to lead in key sectors globally. Robyn Denholm is the Chair of the Tesla Motors board as well as the Australian Tech Council, and a partner in Australia’s leading VC firm Blackbird Ventures.

Gibran Huzaifah bred fish to pay his university fees, then built eFishery into a company involving 300,000 fishponds. He’s expanding to India and elsewhere.