Scaleup stories

The Cremorne Digital Hub (CDH) unveils its first Scaleup Program cohort, following an AUD 10 million investment from the Victorian Government to boost Australia's tech industry.

Hackuity, the RBVM company, attains SOC 2 Type II compliance, showcasing strong data security and compliance that uphold rigorous American standards, providing customers with enterprise-grade security assurance.

AI's impact on nearly 40% of jobs requires swift actions to ensure compliance in 2024, but a gap in technical knowledge poses challenges.

94% of senior UK finance professionals consider AI-driven market manipulation an impending threat, as bots harbour potential to covertly disrupt trading, cites a study by eflow Global.

Regtech firm eFlow Global announces plans for international expansion, strengthening its position in the US and increasing its already significant client base by 57% in the past year.

Birchal, an Australian equity crowdfunding platform, has obtained $2.39m from a successful funding campaign, benefiting local startups. .

Melbourne's Cremorne Digital Hub unveils CDH Scaleup Program to bolster local tech firms and limit offshoring.

Melbourne AI startup Andromeda Robotics partners with aged care provider Allity to trial humanoid companion robot, Abi, powered by Chat GPT-4 AI platform.

BrangChain aims to revolutionise last-mile logistics with its eco-friendly solution, combining blockchain, AI, and smart contracts.

First AML launches Source, a self-service platform to reinvent AML workflows, offering hope to businesses grappling with regulatory challenges.

Cancellation of Commonwealth Games a missed opportunity for local sportstech businesses, says Australian journalist.

Zepto makes groundbreaking appointment with Rich Miller as new CTO, bringing his illustrious career and fintech expertise to the company.

Digital transformation projects have been the driving force behind many technology investments in recent years.

Despite the initial gloom, it seems that many of those who found themselves out of work at the beginning of the year are already in new jobs.

The proptech company Bricks and Agent almost tripled in size (185% of revenue growth) last year and now has more than 1,300,000 users in ANZ and the UK.

2023 will be a pivotal year for cloud computing with some of the key trends from previous years even more relevant due to the effects of the economic downturn.

Enable, the collaborative rebate management platform, has announced that it has raised an oversubscribed $94 million Series C financing round.

New report from Stripe finds that eCommerce fraud is one of the biggest drags on business growth, with nearly 3/4 of businesses affected.

The UK Government is working with Australian and New Zealand national and state governments to take a delegation of tech scaleups for London Tech Week.

Two emerging Australian space startups have signed a deal to test new Artificial Intelligence and Machine learning (AI/ML) models in space.

Wiise has appointed an ex-Dropbox exec as its new CEO and brought on a new head of sales and channel, with both focused on accelerating growth for the company.

Octopus Deploy secures $172.5m investment from Insight Partners, its first outside funding after eight years of organic growth and profitability.

Shell & Asperitas craft eco-friendlier cooling fluid, pledging to slash data center energy use and emissions.

Insight Partners buys Veeam for $5bn, shifting to a US-based team and global market expansion.