Some start-ups have been forced to cut as much as half of their staff as rising interest rates and a worsening outlook make it harder to raise cash.
Flush with a $100 million cash injection,Mr Yum CEO Kim Teo outlines what the start-up plans to do with the funding – and what she thinks of the company’s competitor me&u.
Unlockd founder Matt Berriman believes the ACCC’s caution in taking on Google could harm the prospects of other Australian tech start-ups.
Plant-based start-up Fable Food is close to securing up to $25 million in fresh funding,as the alternative meat sector continues to curry favour with consumers.
GrainCorp’s strategy to invest in a dozen start-ups over the next three years is an investment in its future – and its culture.
Australia’s edtech sector may not have delivered a herd of unicorns but the start-ups are hopeful their wares will find a meaningful audience in the long term.
Online checkout app Fast,which has raised over $160 million from investors since 2019,is shutting down after failing to secure more funding.
For start-ups and other companies that have accepted funds from Russian investors,de-linking from the country is a complicated issue.
While venture capital cash comes easy to some startups,other founders are still grinding out hundreds of emails,calls and meetings as they seek the cash to get their dream businesses started.
Tech industry defenders blame the media for hyping up Theranos founder Elizabeth Holmes as the next Steve Jobs while critics see Holmes as an example of tech hubris run amok. Either way,Silicon Valley has been scarred.
QR code food ordering platform Mr Yum has tied off an $89 million capital raise in a major bet on mobile food and drink ordering becoming a hospitality mainstay.