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Technology

Start-ups

December 2025

Airtree’s Jackie Vullinghs, AirTrunk chief executive Robin Khuda and Atlassian founder Scott Farquhar.

Tech leaders reveal their predictions for 2026

AirTrunk’s Robin Khuda, Atlassian’s Scott Farquhar and Airtree’s Jackie Vullinghs are among those sharing their views on AI, tech trends and red-hot start-ups.

Employment Hero chief executive Ben Thompson is balancing the company’s growth with profitability.

Employment Hero narrows full-year losses to $35m

The $2 billion human resources software start-up grew revenue by nearly 50 per cent, accounts lodged with the regulator show, as it aims for profitability.

Sam Crowther says Kasada is growing quickly, with extra demand from companies looking to block AI bots.

Turnbull-backed firm that fights AI bots is now worth $300m

Kasada has pulled off a fresh funding round, led by a private equity giant, as it is increasingly used by organisations keen to avoid data scraping.

There are financial gains to be made in a range of new careers, recruiters say.

AI talent war spreads to banking with $250k+ roles

In a year when AI has dominated workplace conversations, it’s unsurprising that related tech roles have drawn some of the highest salary peaks.

Immutable co-founder and Robbie Ferguson

Immutable late accounts reveal $72m loss despite big revenue growth

The cryptocurrency gaming start-up is backed by some of the country’s best-known venture capital funds and says it has significantly reduced its cash burn.

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John Wylie said c

Wylie plots big expansion of start-up funds after Tin Alley success

Documents circulated among investors detail the companies that the Tanarra Capital-run vehicle has invested in, including many that have been revalued upwards.

Airwallex founder Jack Zhang is under renewed pressure after US venture capitalists accused his company of providing backdoor access to customer information for Beijing.

Chinese staff’s demand for client data raised the alarm at Airwallex

A senior executive warned about improper access of private customer details presumably “driven by [China]“, but received pushback due to revenue concerns.

Electric Future co-founders Nathan Brown and Adam Risborg with Ecotone’s Nicole Kleid Small and Amanda Goodman.

Climate investors bet on $40m home electrification start-up

The Planet Fund has put up half Electric Futures’ $10 million debt and equity raise, valuing the start-up at $40 million.

Stuart McDonald got a job in an AI start-up company after performing a trial interview that lasted three days.

After a 72-hour interview, Stuart got the job

Trial interviews are coming in 2026. With some companies expecting three to five trial days in the office, recruiters say you better save your sickies.

Sharon AI founder Andrew Leece.

Sharon AI poised to launch $100m pre-IPO round; eyes March IPO

Sharon AI is moving swiftly ahead with its pre-IPO funding round and making a beeline for the ASX in the new year.

Juno’s co-founder Michelle Gilmore says Chinese AI models are outpacing US rivals for her company’s needs.

OpenAI faces ‘brutal’ challenge as Aussie start-ups pick and choose

There is cutthroat competition for Australian AI customers and some start-ups say OpenAI is starting to lag the likes of Google and Anthropic.

“Dude if you have any real evidence post it… waste of my time here,” Zhang posted.

Airwallex CEO brawls with Silicon Valley heavyweight over China links

Jack Zhang accused venture capitalist Keith Rabois of trying to damage the company after he claimed it was a “Chinese backdoor into sensitive American data”.

Deputy’s chief executive Silvija Martincevic said the company made big investments in AI and its international business.

AI spending hits bottom line at local tech stars

Three of Australia’s leading private software firms are spending big to keep up in the arms race, but the investment is yet to translate into higher earnings.

Eucalyptus chief executive Tim Doyle said the heavily-backed start-up is currently cash flow break even.

Eucalyptus revenue surges on UK appetite for weight-loss drugs

The high-profile Australian start-up more than doubled its revenue in the year ending June 30, driven by strong demand in the UK market.

November 2025

Fremantle Seaweed co-founder Chris De Cuyper says the funding will be used to expand its operations and fulfil orders for trials.

Forget AI, seaweed is the new hot destination for venture capital

A growing band of Australian start-ups are looking to scale up seaweed as a cleaner, greener material in a range of agricultural and industrial applications.

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Tim Doyle’s Eucalyptus operates online health brands Juniper, Pilot, Software and Kin, which offer digital consultations to treat a range of conditions, but is best known for offering weight loss drugs.

Eucalyptus set to be Australia’s next unicorn with $1.4b valuation

Eucalyptus is tantalisingly close to ruling off its $190 million latest funding round, upsized from the initial $100 million and $150 million target.

Ruminant Biotech’s technology is helping to reduce methane from livestock.

Marex bets on cow carbon credits, backs $132m NZ AgriTech

Auckland start-up Ruminant Biotech has picked up 14.8 million in Series A funding.

Partners Daniel Szekely, Justin Lipman and Howard Leibman of venture capital firm EVP in Bondi Junction

EVP turns page on StrongRoom AI saga after raising $100m for new fund

While the venture capital firm courted controversy after calling the police on one of its own investments this year, its backers have not lost faith.

Lendi Group co-founder David Hyman has been chief executive of the online mortgage broker since 2013.

CBA-backed Lendi Group CEO to step down after 13 years at the top

David Hyman will be succeeded by co-founder and chief operating officer Sebastian Watkins on January 1.

Michael De Nil, chief executive of Morse Micro. The company’s chips can reach 10 times the range of conventional Wi-Fi technology.

$500m Aussie chipmaker Morse Micro launches pre-IPO round

Canaccord Genuity held investor meetings last week, telling interested parties to expect a bell ringing within the next 12 to 18 months.