Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B

Australia-based Airwallex is the tech startup to enter the billion-dollar ‘unicorn club.’ The company announced today that it has closed a $100 million Series C round that values its business above $1 billion. Started in Melbourne in 2015 by four Chinese founders, Airwallex provides a service that lets companies manage cross-border revenue and financing in […]

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Towering, twisted skyscraper proposed to be Australia’s tallest building

A towering, twisting skyscraper with vertical green space and a public rooftop garden is set to become Australia’s tallest building.
Dubbed the “Green Spine,” and set to stand 356.20 metres (1,168 feet) high, the design for the striking cantilevered …

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Hong Kong co-working startup Campfire pulls in $18M ahead of global expansion

WeWork may be doubling down on Asia, having initially focused its efforts on China, but that isn’t stopping local players from hatching ambitious expansion plans of their own. One of those eying new markets is Hong Kong-based Campfire, which tries to stand out from the crowd with industry-focused spaces. Today, the startup announced it has […]

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China’s Didi Chuxing continues its international expansion with Australia launch

Didi Chuxing, China’s dominant ride-hailing company, is continuing its international expansion after it announced plans to launch in Australia this month. The company — which bought Uber’s China business in 2016 — said it will begin serving customers in Melbourne from June 25 following a month-long trial period in Geelong, a neighboring city that’s 75km […]

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Like to dance in the aisles at concerts? Don’t do it in this city.

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Heading to a concert, the last thing you’d expect to be kicked out for is dancing.

But that’s reportedly what happened to a fan at a Stevie Nicks concert in Melbourne — she was thrown out by security for “dancing,” according to The Sydney Morning Herald.

Nicks concertgoer Jo-Ann George told the newspaper that she was removed from her $204 floor seat in Melbourne’s Rod Laver Arena on Nov. 16, after she was asked by security to stop dancing mid-show.

If you’ve ever tried to listen to “Edge of Seventeen” sitting in your designated seat, it’s a goddamn fool’s errand.  Read more…

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Voice API player Clique expands to Melbourne, Australia, with plans to invest

 Ahead of our TechCrunch Battlefield Australia tomorrow, there are further signs that Australia’s tech scene is experiencing a boom. While the country’s biggest startup hub is generally acknowledged to be Sydney, it’s long-time rival Melbourne is fast becoming viable choice for international tech giants to land in. Already, Slack, Hired, Zendesk, GoPro, Square, and Cognizant… Read More

View More Voice API player Clique expands to Melbourne, Australia, with plans to invest