Business

Blackbird-backed startup Vow has cut jobs and gotten a new CEO as it looks to use its cell-culture technology to expand beyond the development of lab-grown meats.

The AI-native ecosystem grew 969 per cent between 2021 and 2025, according to Startup Genome’s new global report. Last year, almost 90 per cent of funding went to North American AI-native firms, predominantly in Silicon Valley and New York. Here’s where Australia’s innovation centres are placed.

Admiralty Capital led the round, which comes just 16 months after Ovum’s $1.7m pre-seed fundraise. In less than a year the women’s health platform has been downloaded 20,000 times, growing 30 per cent month-on-month.

Immutable is pivoting from Web3 gaming to AI marketing tech aimed at traditional game publishers. After cutting nearly 30 roles, its co-founder says the company still has 10 years of runway following its mega raise in 2022.

On Thursday the Albanese Government amended its controversial capital gains tax proposal by allowing startups that qualify as ‘innovative businesses’ to retain the existing 50 per cent discount. Key Takeaways The Albanese Government on Thursday announced plans to offer capital gains tax concessions to the startup sector that will give certain founders, employees and investors […]

Australia’s VC industry is on track to have its biggest year since 2022, a new report from Side Stage Ventures and the Australian Investment Council says, but most of that is going to the top end of town.

Shares of Elon Musk’s rocket maker have soared by more than 30% since their trading debut.

MCi Carbon’s technology captures carbon and used it to create building materials, a double whammy in C02 reduction. After the grand opening of its first carbon refinery on Wednesday, it’s hoping to cap its next capital raise by the end of the year.

Sigma Healthcare has been seeking to expand in the U.K. and had last month partnered with British pharmacy chain Greenlight Healthcare to rollout Chemist Warehouse-branded stores in London.

Australia’s richest person joins forces with the world’s richest to leverage local critical mineral assets and strengthen the Australia/US relationship. They will both potentially make billions more in the process.