Friday, October 16, 2026

Business

The Trust Trap: why tighter control can hurt a growing business

The thinking goes that extending trust makes people relax, while holding a hard line on accountability can inhibit the experimentation that innovation requires. This belief is common among entrepreneurs in the growth phase of their business, but it is...

Spare Expands AI Platform Across Transit Agencies

Vancouver-based Spare is expanding beyond transit operations with an AI platform designed to connect the data, institutional knowledge and workflows used across transit agencies and cities. Spare AI brings together information from operational systems, financial platforms, policies, contracts and board...

Firmus sets $11 share price for $7.1 billion ASX float

Reuters reported the offer implies an equity valuation of US$30.6 billion (A$44bn) for a company worth just $1bn 12 months ago. Institutional bidding for an allocation runs October 6-9, with ASX trading scheduled for Oct 23. Indicative orders already exceed...

90 days of Queensland’s new e-bike crackdown delivered some pretty wild numbers, including 2500 fines

More than 1,500 riders were fined for failing to wear a helmet, while 157 were pinged for speeding. Around 13% of 878 roadside breath tests came back positive, leading to fines starting at $518 for blowing 0.05 to 0.10; $863...

Moment Energy Wants Retired EV Batteries to Power the AI Boom

The millions of electric vehicle batteries already travelling North American roads could eventually help power another rapidly growing technology sector: artificial intelligence. That was the message from Moment Energy Co-Founder and Chief Product Officer Gurmesh Sidhu at Energy Disruptors: UNITE...

Juno Industries Unveils Guardian and Logan Defence Systems

Vancouver-based Juno Industries has unveiled two defence technology systems designed to help military and government personnel detect threats and make decisions in remote and challenging environments. Announced this week, Guardian combines sensors, local computing hardware, and Juno’s Logan software to...

Kamloops Startup Garners Funding, AI Innovation Award for ‘Forest Guardian’

During Small Business Month, Telus is shining a light on the hard work and optimism of local entrepreneurs who put everything on the line to create a better future. Each year, Telus supports a slew of regional businesses with funding,...

Melbourne Uni concrete recycling spinout cements $750,000 pre-Seed

The university’s Genesis Pre-Seed Fund and research commercialisation investor Uniseed backed R2Crete, for industry trials and help the startup develop commercial partnerships. R2Crete’s patented process turns waste concrete into clean aggregates and a cement replacement for use in new concrete....

TryCanadian Adds Permanent Collection of 98 Indigenous Businesses

Vancouver-based TryCanadian.ca has launched a permanent collection of 98 Indigenous-owned, community/Nation-owned and Indigenous joint-owned businesses across Canada, with entries spanning software development, design, retail and other sectors. Released ahead of today’s National Day for Truth and Reconciliation, the collection is...

Eastend Ventures nails $30 million debut fund to back SA, WA and Queensland startups

Funds SA, which manages more than $50 billion, including public sector super funds, is the cornerstone investor, having chipped in $5 million in June. More than 50 sophisticated investors and family offices from Australia, Singapore and the US also...
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Snakes, and their ladders

It confirmed the worst suspicions of embittered Australian startup founders and small business owners. We are an afterthought. We...
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