A business management platform purpose-built for mid-market mining and engineering services companies has raised $3.5 million in a Seed round led by Sydney VC EVP. The funding for SprintSuite is for expansion across Australia’s mining industry and international markets such as North America, as the company capitalises on the accelerating digital transformation in the mining… Read more »
Farm communications startup Zetifi has landed a $5 million from the Australian Government’s Industry Growth Program for a $10 million plan to commercialise its smart antenna platform globally. The regional NSW startup extends the range of data connectivity and communications on remote properties by transforming antennas from passive components into devices using RF (radio frequency)… Read more »
An energy infrastructure platform developing virtual power plants (VPPs) from household renewables as raised $17 million in a Series A. The round for NRN (National Renewable Network) was led by existing backer Investible and Virescent Ventures, with Ecotone Partners joining the cap table via its new $25m Planet Fund. The capital raise was topped up… Read more »
A semiconductor technology startup that’s developed a new way to print chips for artificial intelligence has raised $8.8 million in pre-Series A funding. The raise for ANU spin-out Syenta was led by Investible, with support from existing backers Blackbird Ventures, Jelix Ventures and Brindabella Capital, as well as new investors In-Q-Tel, SGInnovate, OIF, Salus and… Read more »
Content marketing agency Cuttable has banked another $4.5 million for its Seed round, 12 months after pocketing $5.5 million, to take the total raise to $10 million. The Melbourne startup, which counts A Cloud Guru cofounder Sam Kroonenburg as investor and now cofounder and CEO, is reportedly valued at $44.5 million following the top up.… Read more »
Quarterly revenue of US$1,384m, up 22% Quarterly subscription revenue of $1,313m, up 23% Quarterly operating loss of $28.5m Atlassian president departs Atlassian generated US$5.2 billion in revenue in the 2025 financial year, up 20% on 12 months ago, but two decades of annual losses continue as the business heads into its 24th year. Releasing stronger-than-expected… Read more »
A Sydney artificial intelligence platform for customer support has become one of the world’s hottest startups after raising US$35 million (A$54m) in a Series A – its third raise in less than 12 months. The round for Lorikeet (the garrulous Australian parrot) was led by US fintech VC QED Investors, with support from existing backers… Read more »
Government-owned NBN Co has chosen Amazon’s Project Kuiper’s Low Earth Orbit (LEO) satellite technology for high-speed, wholesale fixed broadband to customers in sections of regional, rural and remote Australia. The decision sidelines Elon Musk’s Starlink, which launched in Australia in 2021, and has around 200,000 local customers, and was also pitching for the NBN contract.… Read more »
Software development scaleup Buildkite has found a new CEO to replace cofounder Keith Pitt, who left the business suddenly five months ago, handing the reins to veteran Silicon Valley exec Kevin Gounden. The 12-year-old US-Australian business, allows developers to build, test, and deploy software at scale, has been rebuilding its C-suite over the last 18… Read more »
Edtech platform Year13, which helps school leavers with the transition to work, has acquired veteran student discounts and support platform Student Edge. The terms of the deal were not disclosed. The deal for Year13, which coincidentally is 13-years-old, comes as cofounder and CEO Will Stubley prepared to relocate across the Pacific and join cofounder Saxon… Read more »
Responses to the annual census of Australia’s startup ecoystem, Startup Muster close on August 18, so you have just two weeks left to have your say. – from educators to investors, accelerators, incubators, coworking spaces, service providers, government, precincts and professional services supporting startups – delivering a clear and comprehensive picture of the state of… Read more »
Sydney short-term rental management platform MadeComfy has been acquired Oyo, the travel business rival founded by 31-year-old Indian billionaire Ritesh Agarwal. The deal gives Oyo access to the Australian and New Zealand markets, which it sees as high-yield. It already operates in more than 35 countries, managing nearly 233,000 properties and is backed by SoftBank,… Read more »
Elon Musk’s Twitter, now rebranded as X, has gone down for a second time in court trying to avoid a $610,500 penalty imposed by Australia’s eSafety Commission for failing to properly respond to requests for information on how it tackles child sexual abuse material on the social media site X Corp initially failed to report on how… Read more »
Breakthrough Victoria and Monash University have co-invested $2.25 million in three health tech startups, Myostellar, Fyton Bio, and Remagine Labs. The trio of Monash spinouts have potential to improve wellbeing for millions as well as reducing pressure on Victoria’s health system. Myostellar is pioneering a first-in-class biologic therapy to treat Duchenne Muscular Dystrophy by stimulating… Read more »
Spriggy, the children’s pocket money fintech that’s been used by more than 1.3 million Australians, is shutting down Spriggy Invest, promising a “bigger and better” alternative in 2026. The fintech, which has raised nearly $60 million, and counts NAB Ventures and Grok, the family fund of Atlassian billionaire Mike Cannon-Brookes, among its investors, emailed users… Read more »
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