Fleet Space Technologies satellite launch a ‘boost for net-zero goals through mining’

Adelaide-based space exploration company Fleet Space Technologies has successfully deployed its next-generation Centauri-6 satellite on SpaceX’s Bandwagon-1 mission, describing its latest milestone as a major boost for net-zero goals through improved efficiencies for minerals exploration globally. Centauri-6 will play a key role in s...

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Honey Insurance raises $108m led by US investor Gallatin Point Capital

Sydney-based smart home insurance provider Honey Insurance has raised $108 million in a round led by US-based Gallatin Point Capital in one of the biggest Series A raises ever completed in Australia. The investment builds on Gallatin Point Capital’s extensive portfolio of insurance investments, with the group’s sole f...

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Startup funding raises fall to six-year low in Q1 amid spike in funds per deal, investor sentiment

Australian startup funding reached a six-year low in terms of the number of raises in 2024 with 66 deals, but these numbers belie a significant year-on-year improvement in investor sentiment around the health of their portfolios and a massive rise in the median amount raised beyond the pre-seed stage. The latest report from Cut Through Venture ...

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LuminaX Healthtech Accelerator accepts record cohort of founders for 2024

The Gold Coast’s LuminaX HealthTech Accelerator has accepted 11 startups to its 2024 program with 24 founders set to participate, making it the largest cohort for Australia’s leading early-stage health accelerator program since it was launched in 2020. Hosted by LX Health, the accelerator has attracted participants from across Austr...

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Australia's Top 100 Young Entrepreneurs revealed

Following months of canvassing for candidates, soliciting clarifications, and filling in the gaps between public statements and our own data sources, the editorial team at Business News Australia has engaged in robust discussions and selections to bring you, dear readers, the 2024 instalment of Australia’s Top 100 Young Entrepreneurs....

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