Startups

Amazon is reportedly set to acquire Aussie-founded self-driving car startup Zoox for more than US$1 billion, following rumours earlier this month.

Viral video platform TikTok is launching a new TikTok for Business feature, helping businesses engage with prospective millennial and Gen-Z consumers.

Powershop customers came together to pay the bills of Victorian hospitality businesses still reeling from COVID-19 and ongoing restrictions.

Labor leader Anthony Albanese has called for a bolstering of the R&D tax incentive scheme, as an enquiry into potential changes re-opens.

Women in STEM in Australia are being disproportionately affected by COVID-19 job losses. And we risk reversing hard-won gains in the fight for diversity.

Aussie unicorn Canva has raised $87.3 million and almost doubled its valuation, as COVID-19 boosts activity on the design platform by 50%.

Adventus has raised $12 million in seed and Series A funding, as it grows its SaaS platform helping international students find a spot at university.

US startup Basecamp has found itself in an epic David vs Goliath battle with Apple, with its co-founder accusing the tech giant of a “shakedown”.

Aussie VC stalwart Square Peg has raised $350 million ahead of closing its fourth fund, nudging its assets under management over the $1 billion mark.

Aussie cybersecurity startup Kasada has raised US$10 million ($14.4 million) in Series B funding to fuel further global expansion, as COVID-19 causes a spike in online crime.