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News
AI startup raises $10 million to build robotics operating system
4+ day, 9+ hour ago (185+ words) The funding for Metacognition AI came from CSIRO-backed deep tech VC Main Sequence. The raise was first reported by Capital Brief. AI researcher Anton van den Hengel, the chief scientist of the Australian Institute for Machine Learning, cofounded the startup…...
AI platform FndrOS wants to keep startup founders organised
5+ day, 6+ hour ago (291+ words) The platform combines business planning with customer research, financial modelling, fundraising preparation and progress tracking on a single deck, so founders to juggle with multiple spreadsheets, documents, emails and presentation decks. Gourley said the AI gathers data about a startup’s…...
EVP launches 40x to support software startup founders looking to raise
6+ day, 5+ hour ago (282+ words) The 40x program is designed for the founders of software startups already generating revenue and scaling, and setting up to raise capital in the next 12 months. It will bring together up to 40 of Australia’s most promising early-stage software founders, with founder,…...
Expert360 founder and early investors miss out in $16 million exit
1+ week, 4+ day ago (528+ words) As first reported by Capital Brief, Expert360, which connects companies and startups to consultants, board advisors, and fractional executives, is being acquired by AI job-matching platform Swipejobs. The deal values Expert360 at $16 million, according to media reports. Expert360 had raised some $30 million since…...
Women's health founders are heading overseas because local investors don't prioritise them
1+ week, 4+ day ago (454+ words) Just 2% of all tech startup capital in Australia in 2025 went to all-female founded teams, according to the State of Australian Startup Funding report. Female health tech innovators came together in Sydney on Tuesday for a health summit, where they discussed…...
Airwallex gobbled up the lion's share of Australian fintech funding in FY26
1+ week, 4+ day ago (667+ words) Fintech raised $1.73 billion across 53 disclosed rounds, a new report from Dom Pym’s fintech VC fund Triple Bubble and Cut Through Venture found. While funding was up 137% from FY25’s $730 million, the number of deals hit the lowest level in the report’s…...
Airwallex tips $1 million into 10 AI startups
2+ week, 5+ hour ago (431+ words) Cofounder and CEO Jack Zhang announced the annual initiative – Latitude 37 is a reference to Melbourne, where Airwallex began -in April and received 100s of applications from local startups before a panel of VCs and company execs selected the top 10. Alongside the…...
Pay.com.au banks $39 million Series E for US launch
2+ week, 5+ day ago (253+ words) The seven-year-old scaleup targets small businesses, which can earn loyalty points on payments including rent, suppliers, utilities and taxes, paid by credit card or bank transfer. Founded in 2019 by Damien Waller, Edward Alder and Grant Austin – the former two launched…...
Blackbird nails 2nd $1 billion fund
2+ week, 6+ day ago (336+ words) No. 6 brings in new institutional investors including Adams Street Partners, Morgan Stanley Investment Management and Schroders, alongside existing backers Future Fund, Hostplus, Aware Super, which has invested in every Blackbird vintage since 2015, and HESTA, which has been an investor for…...
Galileo Ventures looks to the stars with the first close of Fund II
2+ week, 6+ day ago (267+ words) Fund II is expanding — hence the name — Galileo’s list of international limited partners with the likes of early Fitbit investor Brad Feld, former WhatsApp engineering director Michael Donoue, and top New Zealand startup advisor Andy Hamilton. Galileo Ventures is notably…...