Startup Daily

Startup Daily is a reliable media outlet that focuses on the startup and technology scenes in Australia and New Zealand. We collaborate with major tech companies and corporate partners to develop content marketing campaigns aimed at reaching our audience of more than 150,000 users each month.

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Double, then nothing: ASIC goes down in appeal over Block Earner's crypto product

1 day ago | startupdaily.net | Simon Thomsen

The battle between corporate regulator the Australian Securities and Investment Commission (ASIC) and Block Earner has swung in favour of the crypto platform after the Federal Court overturned a ruling that its Earner product was a financial product.
Expat Australian scores $47 million Series A for US health 'super-app' targeting longevity

1 day ago | startupdaily.net | Simon Thomsen

It plays to the obsessions of rich middle-aged US blokes facing mortality, but unlike the 47-year-old entrepreneur and investor Bryan Johnson, who’s spent more than US$10 million trying to not die, and thus far succeeded, Superpower if offering to tell you all about your body using biannual biomarker blood tests for US$499 (A$780) a year. Once you know what’s wrong, they also have things you can buy to fix it.
Square Peg-backed cleaning products startup Zero Co is shutting down

2 days ago | startupdaily.net | Simon Thomsen

Zero Co, the cleaning products startup will close at the end of the month with founder and CEO Mike Smith pulling down the shutters because they can’t find a pathway to profitability. The six-year-old startup set records in 2021 when it raised a record $5 million in just six hours on the Birchal crowd-sourced funding (CSF) platform. Zero Co also scored $6 million in venture funding from Square Peg. It raised a further $2 million in 2024 from crowdfunding on Birchal.
Blackbird-backed cleaning products startup Zero Co is shutting down

2 days ago | startupdaily.net | Simon Thomsen

Zero Co, the cleaning products startup will shut down at the end of the month with founder and CEO Mike Smith pulling down the shutters because they can’t find a pathway to profitability. The six-year-old startup set records in 2021 when it raised a record $5 million in just six hours on the Birchal crowd-sourced funding (CSF) platform. Zero Co also scored $6 million in venture funding from Blackbird. It raised a further $2 million in 2024 from crowdfunding on Birchal.
Eye Thy with my AI: Australian Radio Network digitises diversity with an artificially generated Asian female presenter

2 days ago | startupdaily.net | Simon Thomsen

Australian Radio Network (ARN), the media company behind KIIS, as well as Gold and iHeart, used an AI-generated female Asian host to broadcast 4 hours of midweek radio, without disclosing it. The fake presenter, “Thy”, has been generated reportedly using someone in the finance department at ARN. The show broadcasts on CADA, 11am-3pm, weekdays. “Thy will be playing you the hottest tracks from around the world,” the show’s promo blurb says.
StrongRoomAI cofounder denies investor EVP's claim that he admitted to fraud

3 days ago | startupdaily.net | Simon Thomsen

Max Mito, the cofounder and CEO of StrongRoomAI, has denied he admitted to fraud in a meeting with investors last month that led VC EVP to call in police and launch legal action to freeze the assets of Mito and several others.
The Coalition and Peter Dutton flag ending Labor's $15 billion National Reconstruction Fund

1 week ago | startupdaily.net | Denham Sadler |Adam Bub |Albert Y. Zomaya |Simon Thomsen

Australia’s peak science and tech body has warned the Coalition’s plans to shut down Labor’s $15 billion manufacturing fund would put a handbrake on the nation’s innovation efforts. Citing Coalition sources, the AFR reported last week that if the Coalition wins the upcoming May election it plans to redirect all remaining capital allocated to the National Reconstruction Fund (NRF), totalling about $14.5 billion.
Spending power to rewards points: 4 ways business owners can get more out of charge and credit cards

1 week ago | startupdaily.net | Adam Bub |Simon Thomsen |Kane Jackson |Aubrey Blanche

Spending power, business efficiency and rewards points – do those sound like things your startup could use? You might want to look deeper into what your business card (which could be a charge or credit card) can do. No business owner wants to miss out on a good opportunity, especially if the outcome might help improve cash flow or give you more bang for your buck. Whether you use a business card already or are just curious, it’s worth knowing what value they can provide.
Trump's trade war is hampering US hopes of leading the world in AI - and that hits Australia too

1 week ago | startupdaily.net | Albert Y. Zomaya |Adam Bub |Simon Thomsen |Kane Jackson

Around the same time, Trump also indicated he would soon impose new tariffs on semiconductor chips. All of this is happening at the same time the US is forging ahead with a US$500 billion (A$784 billion) project known as “Stargate” to accelerate the development of AI in the country. But the escalating trade war does not square with America’s ambitious AI plans.
Quantum startup Q-CTRL creates jam-proof navigation to solve GPS-blocking

1 week ago | startupdaily.net | Simon Thomsen |Kane Jackson |Aubrey Blanche |TJ Thomson

One of the most critical defence navigation problems – what to do when GPS is unavailable – has a new solution thanks to Sydney quantum startup Q-Ctrl. GPS denial is becoming a weapon of both traditional warfare and nontraditional economic sabotage amid growing global conflicts, with the cost of an outage estimated to exceed $1 billion daily. More than 1,000 flights a day are now disrupted by GPS jamming incidents.