Startups stories

Australia's equity crowdfunding grows 16% in FY24, raising AUD $64.5 million from 35,000 investments, despite economic challenges. Birchal leads with AUD $46.5 million.

An industry report by Birchal reveals Australian crowd-sourced funding grew by 16% in FY24, with AUD $64.5 million raised despite economic challenges.

The EU AI Act, effective from 1 August 2024, presents a landmark regulatory framework for AI, sparking discussion on its implications for innovation, compliance, and legal complexity in the tech sector across the European Union.

Briefly Bio launches to tackle preclinical research’s reproducibility crisis, announces USD $1.2 million in pre-seed funding to enhance scientific accuracy.

Superlab Suisse opens the largest private lab in Switzerland at Basel's Stcki Park, boosting support for life science and biotech startups with state-of-the-art facilities.

Siemens introduces NX X, a game-changing cloud-based engineering solution with new AI, immersive, and electro-mechanical tools, enhancing the Siemens Xcelerator portfolio.

Australian startup DingGo has transformed into a fleet accident management platform, partnering with SG Fleet and achieving a 166% revenue boost over the past year.

Australian startup Fugu secures seed funding led by Investible to develop solid direct air capture technology aimed at large-scale CO2 removal.

The new Labour government’s tech and cyber policies may present both challenges and opportunities amid heightened economic and cyber threats.

Logpoint appoints Gitte Hemmingsen as SVP of People and Culture, aiming to boost workforce engagement and attract top cybersecurity talent under new CEO Mikkel Drucker.

Equinix announces USD $65 million investment to build its first IBX data centre in Chennai by late 2024, further enhancing India's digital infrastructure and supporting AI deployment.

Indosat Ooredoo Hutchison and Google Cloud are deepening their partnership to transform Indosat into an AI-driven tech enterprise, enhancing service for over 100 million customers.

Computex 2024 concluded successfully, drawing 85,179 ICT professionals globally and featuring innovations like AI-integrated PCs, smart mobility, and metaverse tech.

DigitalOcean launches new Malware Protection add-on for Cloudways, powered by Imunify360, offering SMBs robust real-time malware detection.

JobCannon, a Ukrainian-British startup, celebrates six months of groundbreaking progress, launching JobCannon 2.0 and partnering with CleverStaff and Adsme to revolutionise recruitment.

EnergyFlex, an Aussie start-up founded by RAAF veterans, launches an app to cut energy costs and emissions by aligning usage with renewable availability.

Four startups won ABB's 2024 Startup Challenge, aimed at incorporating AI into existing energy industry platforms to promote a low-carbon future.

KPMG Australia and Stone and Chalk seek innovative start-ups for the fourth run of the Future Technology Program to tackle economic challenges and improve business performance.

Angel Investment Network's 2024 survey reveals that Angel investors' motivations shift towards positive impact over financial gain, highlighting new trends and potential pitfalls for start-ups.

VXT, a rising legal-tech start-up, has launched a pioneering AI-driven communications platform that syncs with practice management software.