A startup that uses software to discover new drugs just raised $10 million

TwoXar, a startup that uses software to discover new experimental drugs, just raised $US10 million. The series A round was led by SoftBank Ventures, with Andreessen Horowitz and OS Fund joining in. The company hopes to identify new treatments that can be tested on animals, and then ideally with human trials, without using a traditional lab. TwoXar, … Read more

Aussie telco Pivotel partners with next generation satellite constellation

Australian mobile satellite solutions provider Pivotel has been announced as a launch partner with a major satellite provider which will take metropolitan mobile data capabilities to remote parts of the country. The Gold Coast-based telco has teamed up with US-based Iridium Communications and its Iridium Certus service which will provide high speed mobile data coverage … Read more

The HQ Trivia-style gaming platform for classrooms just received $17 million from investors including Microsoft

Education gaming app Kahoot raised $US17 million in funding in its most recent funding round, led by Datum Invest AS. Past investors Microsoft Ventures and Northzone also participated in the round. The company has expanded its reach globally, and the company now says it’s used in more than 50% of American classrooms worldwide, with 70 … Read more

There’s now a smartwatch version of the Australian earpiece which translates nine languages

  Designed by the company that made the nine-language earpiece translator. Smartwatch can host multilingual chats with groups of 1000 people. Available to order tomorrow at starting price of $US699.   The Australian startup which launched an earpiece that can instantly translate nine languages now has a smartwatch and a messaging service. In less than a year … Read more

A long commute inspired this former Google Gmail designer to start a profitable email startup with $13.6 million in funding

A former Gmail designer left Google to start his own company, Mixmax, with friends from another startup. Mixmax charges $US9/month for access to email-enhancing tools, including tracking, in-emails polls, and easier meeting scheduling. Mixmax has raised $US10.4 million in a Series A funding round, with an eye towards expanding hiring. It’s already profitable. Two of … Read more

Google Australia’s engineering head Alan Noble steps down to focus on a “moonshot” nonprofit

Long time advocate for the Australian startup scene Alan Noble has announced he will be stepping down from his current role as director of engineering at Google Australia to focus on his non-profit organisation AusOcean, and has added his voice to many calling for visa reform. Noble returned to the Australian startup scene in 2002, … Read more

Lord Mayor of London praises Australia’s “flourishing” fintech scene, plugs support for new ‘bridge’

In a rare visit to Australia last week, the Lord Mayor of London, Alderman Charles Bowman, expressed his full support for the upcoming fintech ‘bridge’ between Australia and UK and praised the local fintech scene as being almost on par with renowned fintech hub London. Speaking to a packed room at co-working and tech startup … Read more