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Bill Gates raises $US1b as corporate CEOs join race to drive clean tech

Bill Gates raises $US1b as corporate CEOs join race to drive clean tech

Bill Gates has raised more than $US1 billion in corporate funding for Breakthrough Energy Catalyst from BlackRock’s Larry Fink and Microsoft’s Satya Nadella to rally support for some of the world’s most demanding clean-energy projects.

  • by Erik Schatzker and Akshat Rathi

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‘Wave of global unicorns’: Airwallex hits $5.5 billion valuation

‘Wave of global unicorns’: Airwallex hits $5.5 billion valuation

Fast-growing Australian payments startup Airwallex has secured a fresh round of funding, valuing it at $US4 billion ($5.5 billion) on paper. 

  • by Cara Waters
‘So much for don’t be evil’: Aussie startup Unlockd sues Google in the US

‘So much for don’t be evil’: Aussie startup Unlockd sues Google in the US

Mobile advertising startup Unlockd has brought legal proceedings in the United States against Google claiming it collapsed because of the tech giant’s anti-competitive behaviour. 

  • by Cara Waters
No longer the underdog: Tech has arrived as a serious force in the Australian economy
Opinion
Software

No longer the underdog: Tech has arrived as a serious force in the Australian economy

The extraordinary wealth created over the past six weeks confirms that tech should no longer be viewed as a niche corner of corporate Australia.

  • by John McDuling
‘Pretty rarefied air’: Atlassian hits $US100 billion milestone

‘Pretty rarefied air’: Atlassian hits $US100 billion milestone

Atlassian’s sharemarket value has broken through the $US100 billion ($140 billion) mark, taking the wealth of its two founders to $US23 billion each as the shift to remote work in the pandemic is boosting demand for its software.  

  • by Cara Waters
Canva founders to put their billions to good use

Canva founders to put their billions to good use

The Australian design startup has been valued at $US40 billion ($55 billion) in its latest capital raising, making it the world’s most valuable private consumer software company ever.

  • by Cara Waters
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Small businesses need certainty on the road to reopen

Small businesses need certainty on the road to reopen

The recurring, rolling effect of the pandemic is taking its toll on Australia’s already-embattled small business sector. That is why we support the vaccine as Australia’s safe pathway to reopening our doors.

  • by Greg Ellis
Cannon-Brookes flush with Who Gives A Crap funding

Cannon-Brookes flush with Who Gives A Crap funding

Tech billionaire Mike Cannon-Brookes is backing eco-friendly toilet paper company Who Gives A Crap in its first big funding injection of $41.5 million. 

  • by Cara Waters
‘Game-changing’ ultrasound robot wins venture capital backing
Exclusive
Entrepreneur

‘Game-changing’ ultrasound robot wins venture capital backing

Blackbird-backed Vexev is hoping to change the way doctors track diseases of the arteries before they become serious illnesses.

  • by Emma Koehn
Verve Super taps high-profile women investors to close savings gap

Verve Super taps high-profile women investors to close savings gap

Verve Super, a retail superannuation fund designed for women, has tapped a range of high-profile women investors, including Carol Schwartz alongside women who had never invested for a $2.7 million raise. 

  • by Cara Waters
Degrees not required but ‘working class’ targets miss the mark

Degrees not required but ‘working class’ targets miss the mark

Degrees are no longer a necessity when recruiting but specific targets for hiring staff from “working class” background are still some way off in Australia.

  • by Cara Waters