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MELBOURNE BUSINESS NEWS FINANCE


Ecofibre shareholders reject founder's nomination of Alex Keach to board

Ecofibre shareholders reject founder's nomination of Alex Keach to board

Shareholders in medicinal cannabis and hemp company Ecofibre (...

Former EML CEO Tom Cregan launches digital tipping fintech for hospitality

Former EML CEO Tom Cregan launches digital tipping fintech for hospitality

After leading EML Payments (ASX: EML) for a decade including a tumu...

CSIRO and Main Sequence expect synthetic biology to become a $30 billion industry by 2040

CSIRO and Main Sequence expect synthetic biology to become a $30 billion industry by 2040

The economic value of synthetic biology to Australia has increased ...

Local Residential's $650m build-to-rent fund boosts development pipeline to $1.1b

Local Residential's $650m build-to-rent fund boosts development pipeline to $1.1b

Melbourne-based built-to-rent platform Local Residential has closed...

Netwealth funds under management rise by more than a quarter to $80.8 billion

Netwealth funds under management rise by more than a quarter to $80.8 billion

Founded as a financial services industry challenger in 1999 and lis...

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After leading the first bank to list on the ASX in 30 years, Judo co-founder Healy to resign

After leading the first bank to list on the ASX in 30 years, Judo co-founder Healy to resign

Judo Capital (ASX: JDO) has announced the co-founder and CEO of Jud...

Next-gen vector search platform Marqo raises $19.4m

Next-gen vector search platform Marqo raises $19.4m

Melbourne-based (but not much longer) vector search company Marqo, ...

Court orders Brite Advisors be wound up amidst $106m gap in client funds held

Court orders Brite Advisors be wound up amidst $106m gap in client funds held

The Australian arm of a global investment manager that has cla...

Startup report slams crowdfunding model, claims it "fails to adequately protect retail investors"

Startup report slams crowdfunding model, claims it "fails to adequately protect retail investors"

Authors of the State of Australian Startup Funding Report 2023...

Aussie startup funding fell in half to $3.5 billion in 2023

Aussie startup funding fell in half to $3.5 billion in 2023

Australian startup funding fell by a whopping 52.7 per cent last ye...

Renewable energy retailer Amber raises $29m as it targets global utilities with smart tech

Renewable energy retailer Amber raises $29m as it targets global utilities with smart tech

After doubling the number of customers in the past six months to 30...

Food waste diversion platform Yume raises $2m in seed round to drive growth

Food waste diversion platform Yume raises $2m in seed round to drive growth

Food redistribution platform Yume, founded in 2016 to reduce waste ...

Alt. Leather raises $1.1m in seed round to drive plant-based leather alternative

Alt. Leather raises $1.1m in seed round to drive plant-based leather alternative

Alt. Leather, a startup established in 2022 by Tina Funder, th...

Crowd-sourced funding steady at $71m as food & beverage, female-founded startups rise

Crowd-sourced funding steady at $71m as food & beverage, female-founded startups rise

Despite a 58 per cent decline in venture capital funding in Austral...

Skincare group Ultra Violette raises $15m from US fund to scale in North America

Skincare group Ultra Violette raises $15m from US fund to scale in North America

Ultra Violette, an Australian brand at the forefront of premium SPF...

Aravax raises $66m for peanut allergy cure as Victoria leads the way

Aravax raises $66m for peanut allergy cure as Victoria leads the way

Victoria has become the epicentre of finding a cure for peanut alle...

Prospa snaps up Zip SME loan business for $15.6m

Prospa snaps up Zip SME loan business for $15.6m

Buy-now pay-later (BNPL) company Zip Co (ASX: ZIP) continues to win...

Prota Therapeutics raises $31.6m to advance a cure for peanut allergy

Prota Therapeutics raises $31.6m to advance a cure for peanut allergy

Melbourne-based Prota Therapeutics, a biotechnology company that is...

Female-founded sun protection brand Solbari secures $10m from Australian Business Growth Fund

Female-founded sun protection brand Solbari secures $10m from Australian Business Growth Fund

A Melbourne-based company looking to combat the risk of skin cancer...

Vinyl Group backed by tech billionaire in $10m deal to acquire The Brag Media

Vinyl Group backed by tech billionaire in $10m deal to acquire The Brag Media

Vinyl Group (ASX: VNL), the ASX-listed music company formerly known...

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