Summary In this week's episode of The Startup Retro, host Will Richards and guest Cheryl Mack dive into Uber's new partnership with Turo after shutting down its Car Next Door acquisition. They also discuss Premier Capital Partners' new fund, AirTrunk’s $23 billion sale, and Cheryl’s experience at the Startup Daily Awards. The episode features a deep dive into Safe Ag Systems, an agtech safety platform. Plus, catch the latest startup raises and Will’s pick for Knowledge as a Service (KaaS). Time Stamps 00:00 Introduction and Welcome 00:28 Uber pivots to Turo partnership 05:15 Premier Capital Partners new fund 10:22 AirTrunk’s $23 billion sale 13:45 Startup Daily Awards highlights 20:15 Startup Raises: Safe Ag Systems 28:10 KaaS Recommendations Links To access the links to the stories mentioned in this episode, check out this week’s Overnight Success newsletter. https://newsletter.overnightsuccess.vc/p/7th-september-2024 Headlines Australian Startup Financial Confidence Report 2024 https://www.airwallex.com/au/startup-financial-confidence-report-thank-you Uber’s Turo Partnership Uber has partnered with Turo to let users rent peer-to-peer vehicles through the Uber app starting in 2025. Premier Capital Partners Fund Premier Capital Partners is launching a fund targeting mid-market tech companies with a size of $30-$50 million and a hard cap of $75 million. The fund will write cheques between $5-$20 million. AirTrunk Sale AirTrunk was sold to Blackstone and the Canada Pension Plan Investment Board for $23 billion, marking one of Australia’s largest acquisitions. https://www.afr.com/technology/airtrunk-s-23-5b-ai-pay-day-20240902-p5k72i Startup Raises Safe Ag Systems Founders: Katy Landt and Caroline Graham Safe Ag Systems, an agtech safety platform, raised $2.5 million to expand its reach to 10% of farm workers. KaaS - Knowledge as a Service Will’s Pick How to Do Great Work by Paul Graham https://paulgraham.com/greatwork.html Send Feedback to the Hosts Cheryl on LinkedIn: https://www.linkedin.com/in/cherylmack Will on LinkedIn: https://www.linkedin.com/in/williamrichards/ Sponsors Thanks to our sponsors for helping to make this episode of The Startup Retro possible. Rippling Are you a founder overwhelmed by HR, payroll, onboarding, and IT tasks? Simplify with Rippling: an all-in-one platform for your global workforce. Get 3 Months Free - https://dayone.fm/rippling Teamified Build a top-notch team fast with Teamified. Teamified offers fractional CTOs, contractors, and remote team members from the Philippines, India, or Sri Lanka. Cut hiring times by 50%. Get started - https://dayone.fm/teamified The DayOne Network The Startup Retro is part of DayOne, the podcast network dedicated to founders, operators & investors. For broader updates on the Day One network, including news about other shows and network-wide updates, sign up for the Day One Newsletter. https://dayone.fm/newsletter Sponsor the show Want to become a sponsor? Send us an email. https://dayone.fm/sponsors Follow DayOne on the socials Twitter: https://dayone.fm/twitter LinkedIn: https://www.linkedin.com/showcase/dayonefm

Summary In this week's episode of The Startup Retro, hosts Gemma Clancy and Will Richards explore three exciting new funds and initiatives in the Australian startup ecosystem, including the launch of the $66 million 66ten fund by the Walter and Eliza Hall Institute, and Main Sequence's new Atmosphere program. They also cover the latest venture from SEEK co-founder Paul Bassett, Amplify, and discuss AustralianSuper's significant $1.1 billion write-off in their Pluralsight investment. The hosts highlight standout startups, including WhyHive, a data analysis tool, and Cropify, an AI-powered grain grading AgTech company. The episode also features an interview with Gav Parry on the launch of the Centre for Arts, Sports and Technology (CAST) and concludes with KaaS recommendations on essential startup content and a special announcement about a new co-host joining next week. Time Stamps 00:00 Introduction and Welcome 00:28 New Fund Launches and Initiatives 06:12 Paul Bassett's Amplify 09:45 AustralianSuper's Pluralsight Write-off 12:40 Weekly Startup Raises 20:30 Interview with Gav Parry on CAST 28:00 KaaS Recommendations 30:45 Special Co-Host Announcement 31:00 Outro Headlines Three New Funds and Initiatives 66ten Fund: WEHI’s $66M fund to back biomedical innovation. Seedlab Australia: Secures an additional $7M from Woolworths to support food, drink, and sustainable products. Main Sequence’s Atmosphere: New program to transform cutting-edge research into venture-scale businesses. Paul Bassett Launches Amplify Amplify aims to improve trust in democracy through events, online conversations, and sharing of evidence. AustralianSuper Write-Off AustralianSuper writes off $1.1B in their Pluralsight investment, which had acquired A Cloud Guru in 2021. Startup Raises WhyHive: A $600K raise led by Skalata Ventures, making data analysis user-friendly. https://www.whyhive.com/ Cropify: A $2M seed round for AI-powered precision grain grading, led by Mandalay Venture Partners. https://www.cropify.io/ KaaS - Knowledge as a Service Gemma’s Pick: Crucible Moments (Season 2) by Sequoia Capital, featuring founders of ServiceNow, YouTube, DoorDash, and more. https://www.cruciblemoments.com/ Will’s Pick: Blog on common VC scams - OpenVC. https://openvc.app/blog/vc-scams Special Announcement Cheryl Mack from Aussie Angels & The First Cheque podcast will join as a co-host next week while Gemma enjoys a vacation in Italy. Send Feedback to the Hosts Gemma on LinkedIn: https://www.linkedin.com/in/gemmaclancy/ Will on LinkedIn: https://www.linkedin.com/in/williamrichards/ Sponsors Rippling: Are you a founder overwhelmed by HR, payroll, onboarding, and IT tasks? Simplify with Rippling: an all-in-one platform for your global workforce. Get 3 Months Free: https://dayone.fm/rippling Teamified: Build a top-notch team fast with Teamified. Teamified offers fractional CTOs, contractors, and remote team members from the Philippines, India, or Sri Lanka. Cut hiring times by 50%. Get started: https://dayone.fm/teamified The Day One Network The Startup Retro is part of Day One, the podcast network dedicated to founders, operators & investors. Learn more: https://dayone.fm/shows/the-startup-retro Join the Day One newsletter: https://dayone.fm/newsletter Sponsor the Show Want to become a sponsor? Send us an email: https://dayone.fm/sponsors Follow Day One on the Socials Twitter: https://dayone.fm/twitter LinkedIn: https://dayone.fm/linkedin

Summary: In this week's episode of The Startup Retro, Gemma and Will explore Uber's decision to shut down Car Next Door, its Australian carshare division, after acquiring the startup for $105M. The hosts share some positive news from the startup ecosystem, including Sitemate’s acquisition of Nomad Fleet, Bindimaps securing a key partnership with Australia Post, and the latest developments in the SunCable renewable energy project. In the startup raises segment, the hosts spotlight space-tech innovator Metakosmos and childcare-focused AI startup LoveHeart.ai. Time Stamps: 00:00 - Acknowledgement of Country 00:30 - Intro music 01:00 - Welcome and episode preview 01:30 - Pre-roll ad 02:00 - Headlines 02:30 - Uber shuts down Car Next Door 07:30 - Sitemate acquires Nomad Fleet 09:00 - BindiMaps secures partnership with Australia Post 10:00 - SunCable project approved by Federal Government 12:00 - Startup Raises 12:30 - Gem’s Pick: Metakosmos 17:00 - Will’s Pick: LoveHeart.ai 20:00 - Mid-roll ad 25:00 - KaaS Recommendations 28:00 - Outro Links: Headlines: Uber scraps Carshare division after acquiring Aussie startup Car Next Door for $105M Sitemate acquires Nomad Fleet for $2M BindiMaps navigates a path to partnership with Australia Post SunCable solar farm in NT gets Federal government approval Startup Raises: Metakosmos - https://metakosmos.com.au/ LoveHeart.ai - https://LoveHeart.ai KaaS Recommendations: Gem’s Pick: Building B2B Startup Marketing Orgs from 1 to 25+ by Emily Kramer - https://newsletter.mkt1.co/p/marketing-org-charts Will’s Pick: Thrive, Consolidate or Die by Abhishek Maran - https://www.rampersand.vc/ Send feedback to the hosts: Gemma on LinkedIn: https://www.linkedin.com/in/gemmaclancy/ Will on LinkedIn: https://www.linkedin.com/in/williamrichards/ Sponsors: Thanks to our sponsors for helping to make this episode of The Startup Retro possible. Rippling: Simplify HR, payroll, onboarding, and IT tasks with Rippling, an all-in-one platform for your global workforce. Get 3 months free: https://dayone.fm/rippling Teamified: Build a top-notch team fast with Teamified. Teamified offers fractional CTOs, contractors, and remote team members from the Philippines, India, or Sri Lanka. Cut hiring times by 50%. Get started: https://dayone.fm/teamified The Day One Network: The Startup Retro is part of Day One, the podcast network dedicated to founders, operators, and investors. Join the Day One newsletter for updates: https://dayone.fm/podcast-network/newsletter/ Subscribe to the Overnight Success Newsletter: https://newsletter.overnightsuccess.vc/ Become a sponsor: https://dayone.fm/sponsors Follow Day One on Twitter: https://dayone.fm/twitter Follow Day One on LinkedIn: https://dayone.fm/linkedin