Startups

Atlassian is 20 years old and unprofitable — the market has its valuation all wrong, says Adam Schwab

Adam Schwab

27 June 2022

Atlassian has somehow become the Benjamin Button of the tech sector — profitable as a startup and loss making as it has matured.

Milkrun apologises for “unacceptable” delays as pressure mounts on grocery delivery startups

Sophie Venz

24 June 2022

The instant delivery service CEO Dany Milham sent an email apologising for lengthy delays, telling customers “it’s not all bad”.

Women are still underrepresented as startup founders. Here are three ways we can help change that

Gabrielle Munzer

24 June 2022

We need to look at how we can create a pathway for more women to become founders of tomorrow’s companies, says Gabrielle Munzer from Main Sequence Ventures.

Cant, Pym and Bowler among fintech leaders recognised in 2022 Finnie Awards

Eloise Keating

24 June 2022

Reinventure co-founder and partner Simon Cant has become the first individual to be inducted into Australia’s fintech hall of fame.

UNSW startup engineers a quantum processor, bringing commercial quantum computers closer to reality

Gazala Anver

23 June 2022

Researchers at the UNSW startup Silicon Quantum Computing have engineered a quantum processor at the atomic scale — a world-first in the race to build a quantum computer.

Instant grocery startup VOLY reportedly lays off staff, ends 15-minute delivery as shoppers return to ‘normal’

David Adams

23 June 2022

The end of COVID-19 restrictions and a return to "normalcy" will challenge Australia's instant delivery startups, a retail expert says, after reports rapid grocery firm VOLY has made cuts to staff.

My biggest mistake: Kim Teo, co-founder of Mr Yum

Plus exclusive

My Biggest Mistake

Mr Yum has collected more than $100 million in venture capital to date, helping it expand overseas and launch acquisitions of its own. And yet, along the way, mistakes were made.

Okra Solar’s US$2.1 million raise will help the Aussie deep tech startup bring electricity to more than 1 million people

Gazala Anver

23 June 2022

The startup will scale up distribution of its product and electrify more than 290,000 off-grid homes in Nigeria and other countries in the next three years.   

Female-founded Lumi Interactive secures US$6.75 million investment to develop “kindfulness” game

Angela Priestley

22 June 2022

Lumi Interactive is working on a free mobile game called Kinder World, which gives players the opportunity to take care of unique virtual houseplants — as they take care of themselves in the real world.

Death tech startup Bare raises $10 million in Series A funding to change how Australians approach the end of life

Gazala Anver

21 June 2022

Bare's co-founders say the startup aims to change what the end-of-life journey looks like in Australia, providing a single platform for multiple services in an otherwise disjointed industry.