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.

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