Much like the past two years, December is proving to be popular for VC funding. This week saw $93.1 million spread across energy infrastructure, agtech, legal AI and more. IND Technology: $50 million IND Technology founder Alan Wong. Source: IND Technology Leading this week’s funding round-up is energy technology startup IND Technology, which has raised… Read more »
The federal government will tip an additional $233 million into the national science agency the CSIRO over two years in response to budget shortfalls that have forced it to cut hundreds of research jobs, but the startup sector will pay for it with further cuts to commercialisation funding programs. And CSIRO still plans to cut… Read more »
Medical startup Ferronova has raised $6 million in a top up of its five-year-old Series A to $17.5 million. The fresh funding was led by existing investors Uniseed/UniSuper, South Australian Venture Capital Fund, Artesian Venture Partners and Renew Pharmaceuticals, a subsidiary of Singapore- based Ultragreen.ai. The Adelaide biotech, founded in 2016 a spin-out from the… Read more »
Red meat analysis and verification platform MEQ Solutions has raised US$15 million (A$23m) in a Series A from New York software VC Insight Partners. The agtech startup began life in Adelaide in 2016, with its first product, MEQ Probe, going on to raise $500,000 in late 2018 for industry trials. MEQ has built the world’s… Read more »
A veteran startup detecting faults in powerlines to prevent bushfires has raised $50 million from US and local venture funds. IND Technology was cofounded by RMIT Professor Alan Wong and Kokwai Leu Melbourne in 2013 following the 2009 Black Saturday fires, to develop Early Fault Detection (EFD) systems for preventing bushfires and grid failures. The… Read more »
With 12 more sleeps to Christmas, Melbourne-born Airwallex wins the 2025 Australian capital raising stakes with a massive $498 million Series G that values the fintech at $12 billion. Meanwhile, cybersecurity startup Kasada and sole trader accounting platform Hnry also booked $30 million and $26 million raises, respectively. Keep reading to learn more about six… Read more »
Digital food safety platform Squizify has continued its Asian expansion, launching a subsidiary in Japan following a $10 million Series A earlier this year. The Brisbane startup, founded in 2018, by CEO Daniel McDouall, helps restaurants, retailers and food manufacturers automate hygiene tasks, digitise HACCP (Hazard analysis and critical control points) compliance, monitor equipment performance… Read more »
Data-scraping bot blocker Kasada has raised US$20 million (A$30m) in a round that values the business at $300 million. The round was backed by Swedish private equity giant EQT, with support from existing investors, including Malcolm Turnbull’s Turnbull & Partners, Westpac’s VC fund Reinventure, CSIRO-backed Main Sequence and OIF Ventures, and in the US, New… Read more »
I’ve spoken to over 100 founders over the past 18 months about the pros and cons of moving to San Francisco (SF), so I decided to compile everything into this post. Why it’s worth moving to SF? Firstly, SF is not for everyone. SF is for the most ambitious and driven people in the world.… Read more »
Fishburners is addressing the women founder funding gap with a free program to help them succeed. The pioneering startup coworking space has collaborated with more than 30 organisations, from venture funds to corporates, to launch The Ascent Project, a free, on-demand program to support, inspire and inform women, and tackle structural gaps in clarity and… Read more »
A Sydney-based alternative proteins startup fermenting “cow-free dairy” alternatives has raised $10 million in a convertible note. The round for All G was supported by LSE-listed clean food investor Agronomics, an existing investor, as well as the VC arm of German tech-driven ingredients manufacturer Doehler and Singapore’s ID Capital. The company is now pondering a Series… Read more »
Melbourne-born fintech Airwallex has seen its valuation increase by 30% in just six months following a second raise for 2025 – US$330 million (A$498m) in a Series G. The round led by a new US VC investor Addition, supported by T. Rowe Price, Activant, Lingotto, TIAA Ventures, and Robinhood Ventures. Local VCs Square Peg –… Read more »
Perth fintech Bless Payments raised $3.75 million in Seed funding in mid-2025. The round, completed in July, was backed by billionaire Khalil (Charlie) Shahin and London’s Forte Securities, and was finally revealed as the global payments platform, which is hoping to take on incumbents such as Airwallex, Wise, Revolut and Monzo, looks to raise a… Read more »
The Victorian government will wind down startup support agency LaunchVic and rework technology investment fund Breakthrough Victoria as part of broader public sector reforms set to save the state $4 billion. The decision has rattled the state’s startup sector, and spells an uncertain future for state-backed accelerators, grants, and investment funds tailored to local talent.… Read more »
This week saw more $24 million in VC funding go towards AI onboarding tools, seaweed tech and more. Keep reading to learn more about the six Australian startups with fresh capital to deploy. Bodd: $15 million 3D body scanning platform Bodd has raised $15 million as it looks to expand globally. The round was led… Read more »
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