Pharmacy platform Directo closes $2m capital raise as revenue surges

Pharmacy platform Directo closes $2m capital raise as revenue surges

Directo, an independent online business-to-business (B2B) marketplace for the pharmacy sector, has raised $2 million to expand its supplier and pharmacy base with the lates...

“Economic storm”: Report reveals Australian retailers unlikely to bounce back until late 2025

“Economic storm”: Report reveals Australian retailers unlikely to bounce back until late 2025

A recent report published by major finance firm KPMG Australia reve...

Modular data centre developer DXN taps into demand for agile IT infrastructure

Modular data centre developer DXN taps into demand for agile IT infrastructure

While data centre giants such as NEXTDC (ASX: NXT) and AirTrunk are...

Atomos puts to bed two years of turbulence after settlement with ex-CEO Estelle McGechie

Atomos puts to bed two years of turbulence after settlement with ex-CEO Estelle McGechie

Video technology innovator Atomos (ASX: AMS) has settled a long-run...

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Centuria Capital invests in next-gen data centres with $21m ResetData acquisition

Centuria Capital invests in next-gen data centres with $21m ResetData acquisition

Specialist fund manager Centuria Capital (ASX: CNI) is acquiring a ...

Johns Lyng Group absorbs SSKB Strata and Chill-Rite in $57.6m regional acquisition spree

Johns Lyng Group absorbs SSKB Strata and Chill-Rite in $57.6m regional acquisition spree

Queensland-based property manager SSKB Strata is being swallowed by...

Mercer to pay $11.3m penalty in landmark ‘greenwashing’ case brought by ASIC

Mercer to pay $11.3m penalty in landmark ‘greenwashing’ case brought by ASIC

Mercer Superannuation (Australia) has been ordered pay an $11.3 mil...

‘We bet the farm’: How Slice founders dug deep, beat the odds and secured $17.5m

‘We bet the farm’: How Slice founders dug deep, beat the odds and secured $17.5m

Sydney-based Slice, a buy-now-pay-later travel industry startup tha...

Atlassian breaks through US$4 billion revenue barrier, but profit still elusive

Atlassian breaks through US$4 billion revenue barrier, but profit still elusive

Sydney-based productivity software group Atlassian (NASDAQ: TEAM) h...

NEXTDC boss Scroggie, ‘man of the hour’, joins Freelancer board to bolster its fortunes

NEXTDC boss Scroggie, ‘man of the hour’, joins Freelancer board to bolster its fortunes

Craig Scroggie, the CEO of data centre operator NEXTDC (ASX: NXT), ...

DroneShield defies share price slump by raising $120m to fuel growth

DroneShield defies share price slump by raising $120m to fuel growth

Military defence technology group DroneShield (ASX: DRO) has defied...

French giant Havas expands in Melbourne by snaring media and creative agency Hotglue

French giant Havas expands in Melbourne by snaring media and creative agency Hotglue

Havas, a global communications giant based in France, is acquiring ...

‘We made mistakes along the way’: Billson’s Beverages calls in voluntary administrators

‘We made mistakes along the way’: Billson’s Beverages calls in voluntary administrators

Billson’s Beverages, the regional Victorian producer of ready...

Small businesses urged to review insurance amid ongoing cost-of-living pressures
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Entrepreneurship

Sydney biotech Algenie raises $1.1m for algae growth platform to create clean plastics

Sydney biotech Algenie raises $1.1m for algae growth platform to create clean plastics

Sydney-based biotech Algenie has secured $1.1 million in early funding to develop a groundbreaking new algae growth platform which it says is capable of producing the build...

Melbourne startup Solbevi makes a global splash as liqueur of the year in major US awards

Melbourne startup Solbevi makes a global splash as liqueur of the year in major US awards

A year after launching Australia's first ever limoncello spritz...

The young gun CEO driving rapid growth for Lindy Klim’s startup Fig Femme

The young gun CEO driving rapid growth for Lindy Klim’s startup Fig Femme

Milk & Co co-founder Lindy Klim’s strengths in product de...

Tech accelerator and early-stage investor Scalare Partners targets $8m backdoor listing on ASX

Tech accelerator and early-stage investor Scalare Partners targets $8m backdoor listing on ASX

A Sydney-headquartered company that combines early-stage startup se...

MERGERS AND ACQUISITIONS

Reece Group buys Melbourne venture studio Shadowboxer and its Southpaw web agency

Reece Group buys Melbourne venture studio Shadowboxer and its Southpaw web agency

The innovation division of Reece Group (ASX: REH) has acquired Melb...

Club Lime owner Viva Leisure acquires stake in Boutique Fitness Studios

Club Lime owner Viva Leisure acquires stake in Boutique Fitness Studios

Canberra-headquartered gym and health club group Viva Leisure (ASX:...

Swoop takes a 17pc Vonex stake in a move to block MaxoTel’s $13.4m takeover bid

Swoop takes a 17pc Vonex stake in a move to block MaxoTel’s $13.4m takeover bid

Swoop Holdings (ASX: SWP) has snared a 16.99 per cent stake in Vone...

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Retail

“Economic storm”: Report reveals Australian retailers unlikely to bounce back until late 2025

“Economic storm”: Report reveals Australian retailers unlikely to bounce back until late 2025

A recent report published by major finance firm KPMG Australia reve...

Smiggle boss fired ahead of Lovisa appointment amid claims of "serious misconduct"

Smiggle boss fired ahead of Lovisa appointment amid claims of "serious misconduct"

John Cheston, the longstanding managing director of stationery and ...

Adairs CEO Mark Ronan calls it a day after 17 years with the homeware retailer

Adairs CEO Mark Ronan calls it a day after 17 years with the homeware retailer

Adairs (ASX: ADH) CEO Mark Ronan has announced plans to retire from...

ARA CEO Paul Zahra resigns ahead of merger with NRA

ARA CEO Paul Zahra resigns ahead of merger with NRA

Industry veteran Paul Zahra will step down from his role as CEO of ...

 

Opinion

Many strata managers who handle apartments are conflicted: here’s how

Many strata managers who handle apartments are conflicted: here’s how

Ten of Australia’s leading consumer groups have now written t...

What is ‘model collapse’? An expert explains the rumours about an impending AI doom

What is ‘model collapse’? An expert explains the rumours about an impending AI doom

Artificial intelligence (AI) prophets and newsmongers are forecasti...

Industry push for carbon credits from Australia’s native forests threatens nature and climate

Industry push for carbon credits from Australia’s native forests threatens nature and climate

Australia’s forestry industry raised eyebrows this month when...

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CAPITAL RAISING & FINANCE

NEXTDC raises $550m to drive data centre growth plans in Asia

NEXTDC raises $550m to drive data centre growth plans in Asia

Data centre group NEXTDC (ASX: NXT) has raised $550 million via an ...

Agtech startup Number 8 Bio secures $7m in seed funding to tackle livestock methane emissions

Agtech startup Number 8 Bio secures $7m in seed funding to tackle livestock methane emissions

Sustainable agricultural technology startup Number 8 Bio has secure...

Pharmacy platform Directo closes $2m capital raise as revenue surges

Pharmacy platform Directo closes $2m capital raise as revenue surges

Directo, an independent online business-to-business (B2B) marketpla...

Sydney biotech Algenie raises $1.1m for algae growth platform to create clean plastics

Sydney biotech Algenie raises $1.1m for algae growth platform to create clean plastics

Sydney-based biotech Algenie has secured $1.1 million in early fund...

Leadership

Atomos puts to bed two years of turbulence after settlement with ex-CEO Estelle McGechie

Atomos puts to bed two years of turbulence after settlement with ex-CEO Estelle McGechie

Video technology innovator Atomos (ASX: AMS) has settled a long-run...

Nine boss Mike Sneesby steps down after one of his ‘most challenging years’

Nine boss Mike Sneesby steps down after one of his ‘most challenging years’

Nine Entertainment Co (ASX: NEC) boss Mike Sneesby will step down a...

Smiggle boss fired ahead of Lovisa appointment amid claims of "serious misconduct"

Smiggle boss fired ahead of Lovisa appointment amid claims of "serious misconduct"

John Cheston, the longstanding managing director of stationery and ...

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Property

Global Data Centre Group reaps $123m reward from AirTrunk deal with Blackstone

Global Data Centre Group reaps $123m reward from AirTrunk deal with Blackstone

Internet of Things (IoT) investment company Global Data Centre Grou...

Hotel Property Investments quick to reject $717m takeover bid by Charter Hall and Hostplus

Hotel Property Investments quick to reject $717m takeover bid by Charter Hall and Hostplus

Charter Hall Retail REIT (ASX: CQR) has partnered with industry sup...

AVJennings’ profit sinks after writing off $17.8m from abandoned Queensland housing project

AVJennings’ profit sinks after writing off $17.8m from abandoned Queensland housing project

A $17.8 million write-off on an abandoned Queensland housing projec...

Servcorp dishes up 253pc profit lift in whimsical company presentation

Servcorp dishes up 253pc profit lift in whimsical company presentation

Shares in serviced offices provider Servcorp (ASX: SRV) have surged...

Health

Life sciences group Trajan joins Polaris mission to test astronaut health in space

Life sciences group Trajan joins Polaris mission to test astronaut health in space

Melbourne-based analytical and life sciences company Trajan Group H...

Needle-free biotech Vaxxas seals $43m from US Government for its largest trial yet

Needle-free biotech Vaxxas seals $43m from US Government for its largest trial yet

Needle-free vaccine company Vaxxas is being supported by a US Gover...

Club Lime owner Viva Leisure acquires stake in Boutique Fitness Studios

Club Lime owner Viva Leisure acquires stake in Boutique Fitness Studios

Canberra-headquartered gym and health club group Viva Leisure (ASX:...

Pacific Smiles CEO Andrew Vidler to follow CFO out the exit after takeover motion fails to pass

Pacific Smiles CEO Andrew Vidler to follow CFO out the exit after takeover motion fails to pass

Pacific Smiles (ASX: PSQ) has received a resignation letter from CE...

Technology

QuantX Labs bags $2.7m defence contract for advanced quantum sensor development

QuantX Labs bags $2.7m defence contract for advanced quantum sensor development

Adelaide-based quantum sensor manufacturing company QuantX Labs has...

Needle-free biotech Vaxxas seals $43m from US Government for its largest trial yet

Needle-free biotech Vaxxas seals $43m from US Government for its largest trial yet

Needle-free vaccine company Vaxxas is being supported by a US Gover...

Hearing tech scale-up Audeara secures China foothold in deal with Eastech

Hearing tech scale-up Audeara secures China foothold in deal with Eastech

Hearing health technology scale-up Audeara (ASX: AUA) has made a ma...

Robotic tech group FBR completes first home build in US bricklaying demonstration

Robotic tech group FBR completes first home build in US bricklaying demonstration

Perth-based robotic bricklaying technology company FBR (ASX: FBR) i...

Legal

Atomos puts to bed two years of turbulence after settlement with ex-CEO Estelle McGechie

Atomos puts to bed two years of turbulence after settlement with ex-CEO Estelle McGechie

Video technology innovator Atomos (ASX: AMS) has settled a long-run...

Many strata managers who handle apartments are conflicted: here’s how

Many strata managers who handle apartments are conflicted: here’s how

Ten of Australia’s leading consumer groups have now written t...

Domino's faces shareholder class action over allegations of misleading market statements

Domino's faces shareholder class action over allegations of misleading market statements

Some shareholders whose investments in Domino's Pizza Enterpris...

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