Startup ecosystem stories

AI hardware startup GEMESYS has secured EUR €8.6 million in pre-seed funding to advance energy-efficient AI chip technology and expand its team.

Airwallex has launched its 'Airwallex for Startups' programme in New Zealand, offering resources and a NZD $10,000 grant to support local entrepreneurs.

A report from Microsoft and Mandala Partners reveals Australia could secure $18.8 billion in AI revenue by 2035, emphasising strategic investment and innovation.

Paloma Capital has unveiled its second tech fund, targeting AUD $25 million to invest in high-growth startups across Australia and New Zealand.

Potential changes to Capital Gains Tax in the Autumn Budget could hinder UK's tech innovation, warns expert Adam Chick, driving entrepreneurs to sell prematurely.

The Cook Government has unveiled its AUD $7.2 million Nature Tech Accelerator, offering seed funding to six startups focused on climate innovation.

Montu tops LinkedIn's 2024 Top Startups Australia list, leading a diverse range of fast-growing firms including Eucalyptus and Vow, noted for innovation in telehealth and food biotech.

Indosat Ooredoo Hutchison hosts Indonesia's inaugural Banking AI Day in Jakarta, spotlighting AI's role in revolutionising the nation's financial sector.

Australian startup Build Buddy will represent the country at the Startup World Cup finals in San Francisco, vying for a USD $1 million investment prize.

New data from Venture Planner reveals clothing stores, bakeries, software companies, and farms as top choices for budding entrepreneurs globally, with the UK leading in startup activity.

New Zealand must stop mimicking foreign economic models and instead harness its unique strengths to foster innovation, create jobs, and build a resilient economy.

Report reveals 68% of European tech startups are leveraging AI, with investments in emerging technologies like ML and 5G shaping the future landscape.

Avarni, a leading decarbonisation firm, appoints David Payne as its Chief Commercial Officer and Daniel Jarosch as board Chairman, marking a new phase of global growth.

Barclays has initiated the Eagle Labs Academy, a free digital platform to foster and equip UK's future tech entrepreneurs.

Dovetail, an Australian venture studio, appoints Poppy Trewhella as its first venture partnerships director to drive startups' partnerships.

Jude Blankfield, Slyp's head of marketing, has been appointed chief of staff to create decision-making efficiency and support business strategy.

Jude Blankfield, head of marketing, has been appointed as the first chief of staff at Slyp to support business strategy and ensure aligned leadership decisions.

Dovetail Ventures appoints Poppy Trewhella as its first venture partnerships director, to drive partnerships with tech startups in Australia and New Zealand.

Queensland Government invests $1m in safety-tech company TicTocTrack to enhance its integrated tracking software platform.

Donedin’s startup ecosystem is getting a $150,000 boost over the next two years, thanks to the Dunedin City Council’s Economic Development Committee.