Over the coming weeks ahead of the TechStars Sydney Demo the Future evening on December 8, Startup Daily is profiling the 12 startups and their founders in the 2025 cohort. We kick things off with AI clinical note taking platform VetNotes. Startup: VetNotes Founder: Mitch Sigley One-liner: AI Scribe for Veterinarians What’s the problem… Read more »
PredicTx Health, a University of Melbourne spin-out that uses AI to personalise chemo dosing based on body composition analysis, has raised $1.6 million. The funding came from the University’s Genesis Pre-Seed Fund, a government grant and angel investment and will be used to commercialise a world-first AI-powered precision oncology platform. PredicTx was cofounded Professor Justin… Read more »
Melbourne scaleup Heidi Health has raised US$65 million (A$98m) in a series B, just seven months after banking nearly $27m in a Series A top up. The round was led by New York hedge fund manager Steven A. Cohen’s VC arm, Point72 Private Investments, supported by exiting backers including local VC Blackbird, and US funds… Read more »
Indi, an AI-powered co-pilot app helping parents of children with complex care needs, has raised $1.46 million. The round was led by Giant Leap and supported by Antler, along with several strategic angel investors. The capital will be spent on talent to accelerate platform development and expand partnerships with allied health clinics and families. Indi… Read more »
What does it take to be the best service provider in your field? Four leaders in defence tech, healthtech, executive recruitment and water infrastructure give us a glimpse. Ahead of the 2026 EY Entrepreneur Of The Year™ program’s 25th annual awards in October, Startup Daily is profiling the trailblazing entrepreneurs named as national finalists. So… Read more »
Whole-body MRI scans startup OneMRI, cofounded by Dr Vu Tran and Andrew Barnes from edutech Go1, has banked $2.5 million in a Seed raise. A panapoly of investors joined the round, including OIF, TEN13, Antler, Salus, AfterWork, Archangel, Black Sheep Capital, Prtnr, Tribe Global, and Larsen Ventures, as well as clinicians and radiologists. Tran and… Read more »
AI-augmented longevity startup Everlab has raised $15 million (US$10m) for its preventative care platform. The round was led by New York and London-based VC Left Lane Capital, with support from existing investor AfterWork Ventures. The cash will be used on international expansion, further development of the platform, and integrated products. Everlab previously raised $3 million… Read more »
Not-for-profit medical products investor and accelerator MTPConnect has backed 14 Australian science companies with a combined $12.07 million to develop new devices and drugs. The funding comes from MTPConnect’s Targeted Translation Research Accelerator (TTRA) Drugs and Devices program, which is backed by the federal government’s $24 billion Medical Research Future Fund. The ideas span cardiovascular disease… Read more »
Sydney healthtech startup Harrison.ai has raised AU$179 million (US$112m) in a Series C as it looks to expand in the US The round was co-led by Aware Super, ECP and existing supporter Horizons Ventures, the VC firm of Hong Kong billionaire Li Ka-shing. The federal government’s $15 billion National Reconstruction Fund announced its $32 millions… Read more »
A Sydney startup developing AI ‘co-pilot’ systems to automate medical reports for specialist doctors has raised $2 million from leaders in surgical healthcare. Medow Health AI was cofounded by Joel Freiberg, who has Crohn’s disease, and his brother Josh, inspired by the time their father, a respiratory physician, spent doing admin after work. Clinicians who’ve… Read more »
Five digital health tech startups are sharing in $3.25 million from the Medical Research Future Fund (MRFF), receiving stage-two funding from the digital and connected health accelerator program, ANDHealth+. The investments in Eugene, Atmo Biosciences, Immunosis, Metabolic Health Solutions and Humanetix will fund further studies and scaling to tackle health issues spanning genomics and genetic… Read more »
Apple customers in Australia are going without some key software features in their iPhones and Apple Watches after the company released its major operating system updates last week. Unlike in the United States and more than 150 other countries, Australian users who have updated their Apple Watch software are unable to use their devices’ sleep… Read more »
VC-backed telehealth brands platform Eucalyptus has put its $3000 wellbeing optimisation program for men on ice until 2025 as its creators look to address issues from its initial trials and scale the concept. Compound launched earlier this year in beta mode, with a focus on “high-achieving, time-poor men who want more from their health”. The… Read more »
A Melbourne healthcare platform focused on managing NDIS services has topped up the $12.6 million Seed round it raised six months ago with an additional $20 million. Kismet previously banked US$8.2 million (A$12.6m) in its initial Seed round in March, with new reports that Singapore’s MassMutual Ventures has joined its share registry with the additional… Read more »
I am pleased to see the Australian government’s new budget allocates a $23 billion package for renewable energy innovation and development and $10.7bn to health and aged care. These investments are significant, but they also highlight a critical need for a shift in policy towards investments in proactive and preventive measures in healthcare. As the… Read more »
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