Funding

Martech startup Nevam banks $1.2 million to develop customer experience ‘digital twins’

- September 25, 2025 2 MIN READ

Sydney-based martech startup Nevam has raised $1.2 million to scale what it calls the first “live journey mapping command centre” for enterprise marketers. The round follows a successful stint for the startup as part of Techstars Sydney’s 2024 cohort. It has now been backed by the accelerator as well as Brand Fund, the Huljich Family Office, and angel… Read more »

AI/Machine Learning

Atlassian’s AI shopping spree continues with $1.5 billion bid for US developer platform DX

- September 19, 2025 2 MIN READ

Atlassian has made a second major acquisition this month, handing over US$1 billion (A$1.5bn) for developer intelligence platform DX. The deal comes just a fortnight after the Australian software giant spent US$610 million (A$935m) in cash on AI browser startup The Browser Company. US-based DX, founded in 2020, helps engineering organisations measure, understand, and improve… Read more »

AI/Machine Learning

Aussie! Aussie! Aussie! AI! AI! AI!: Innovation minister Tim Ayres on the national potential of artificial intelligence

- September 16, 2025 5 MIN READ

Australia could bury its head in the sand while AI disrupts education and existing human capital – or Australia can enhance AI’s potential benefits by lifting the skills and preparedness of Australian workers and students. Australia could squander the enormous benefits of adopting early – or it can embrace AI to help advance the government’s… Read more »

AI/Machine Learning

Sovereign legal AI startup Isaacus courts $700,000 in pre-Seed

- September 16, 2025 2 MIN READ

Australia’s first foundational legal AI startup Isaacus, which is building sovereign legal AI models and tools for legal tech companies, has raised $700,000 in pre-Seed funding. The round was co-led Aura Ventures and Galileo Ventures and will be used to bring Isaacus to market with significant customer traction already underway. Isaacus has developed a massive, proprietary… Read more »

AI/Machine Learning

Roxy Jacenko’s husband now has a unicorn data centre startup after Nvidia backs its $330 million raise

- September 16, 2025 2 MIN READ

Firmus Technologies has become the latest Australian-founded startup to reach unicorn status, after the data centre infrastructure business raised $330 million in a round backed by US chip giant Nvidia. Local investor Ellerston Capital has also backed the Singapore-based company, founded by Australian entrepreneurs Oliver Curtis, Tim Rosenfield and Jonathan Levee in 2019. The company… Read more »

AI/Machine Learning

AI is making tech billionaires even richer, but what if that boom turns to bubble?

- September 12, 2025 3 MIN READ

Just for a moment last week, Larry Ellison, co-founder of US cloud computing company Oracle, became the world’s richest person. The octogenarian tech titan briefly overtook Elon Musk after Oracle’s share price rocketed 43% in a day, adding about US$100 billion (A$150 billion) to his wealth. The reason? Oracle inked a deal to provide artificial… Read more »

AI/Machine Learning

Why Albanese government claims that AI is behind a surge in FOI requests is BS

- September 10, 2025 3 MIN READ

The federal government’s claim that several hundred Freedom of Information (FOI) applicants’ requests to the eSafety Commissioner last year were “AI bot-generated” is false, according to eSafety’s publicly available documents. “We’re frankly being inundated by anonymous requests … many of them we’re sure are AI bot-generated requests,” Minister for Health and Ageing Mark Butler said… Read more »

AI/Machine Learning

Kiwi financial advice AI assistant Marloo banks $4.2 million pre-Seed

- September 9, 2025 2 MIN READ

An AI assistant designed for financial advisers, developed by New Zealand fintech Marloo has trousered A$4.2 million in pre-Seed funding. This round was led by Blackbird Ventures, with support from CoVentures, Brand Fund and a Who’s Who of angel investors, including Xero cofounder Philip Fierlinger, Stake’s Matt Leibowitz, Halter’s Craig Piggott, Heidi Health’s Tom Kelly,… Read more »

AI/Machine Learning

Back-office automation startup Collabra.ai nabs former Finder boss Chris Ellis as its CEO

- September 4, 2025 < 1 MIN READ

Former Finder boss Chris Ellis has a new startup to lead as CEO of back-office automation engine Collabra.ai. Ellis is also cofounder of the Sydney-based enterprise artificial intelligence startup, which is now moving into full commercialisation following two years of product build. Collabra has developed AI agents for mid-market enterprises combine the reliability of robotic process… Read more »