Startups

Network Ten says it will take action to warn viewers about a series of scam advertisements claiming Shark Tank investors are associated wit…

Melbourne grocery delivery business YourGrocer has bought the intellectual property and customer database of collapsed franchise business Aussie Farmers Direct.

The EU’s GDPR data regulation is about to come into effect in Europe, and Australian politicians have been paying attention.

Singaporean e-commerce startup Carousell has raised US $85 million (AUD $112.4 million) in what has been called the largest series C funding round in the classified space, regionally.

Uber is partnering with NASA on in a bid to bring its flying taxi service into effect by 2023, and claims the fleet will be twice as safe as cars.

Athena, a cloud-based digital home-loan startup, has raised $15 million in Series A funding ahead of its launch next month, and co-founder Nathan Walsh says it couldn’t have got to this point without its crack team.

Micro-investment startup Raiz has lodged its prospectus for a $15 million IPO, not even a month after it announced its re-brand from Acorns. But, according to CEO George Lucas, it’s only with its existing customers in mind.

Australian real estate startup ActivePipe is continuing its international expansion, partnering with the behemoth that is the US National Association of Realtors, but founder Ashley Farrugia is committed to keeping the company’s startup culture alive and well.

Blockchain has made an appearance, albeit a short-lived one, in this year's budget.

Global startup WePower has exploded onto the Australian energy scene, using blockchain to champion renewable energy providers. According to chief business development officer Mantas Aleks, not only is this an environmental milestone, it’s a savvy pathway to investment.

The federal government is anxious to continue to project its commitment to innovation, but the spending contained in this year’s budget is nothing if not modest.

To many, the 2018 federal budget will be thought of as an almost election budget. It confirmed moderate personal income taxes but otherwise kept the reins tight on what could be described as a relatively pedestrian budget. The fact any election is almost certainly at least six months and possibly a year or more off has obviously encouraged continued restraint.