Splend, a start-up that leases electric vehicles to Uber drivers, plans to increase its fleet of ride-share vehicles to 10,000 after signing a new debt deal.
VC firms that wrote huge cheques on very generous valuations in 2021 are now nervously watching Australia’s most heavily backed start-ups. How are they going now?
The company makes software used by workers to manage their rosters. Its valuation topped $1 billion this year after an investment from a US labour hire firm.
When it came to selling a new range of drinks to schools, supermarkets and petrol stations, a Brisbane entrepreneur succeeded with artificial intelligence.
Westpac and the Clean Energy Finance Corporation will back Virescent Ventures’ second fund, which aims to raise $200 million to invest in climate tech start-ups.