???? This Week in Australian Startups #106, 23rd February 2025
???? This Week in Australian Startups #106, 23rd February 2025

???? This Week in Australian Startups #106, 23rd February 2025

Top News

  • WiseTech Global Trading Halted Amid Governance Review and Complaints Against Founder (The Australian)
  • Airtasker becomes the latest Australian startup to sponsor an F1 team - Visa Cash App Racing Bulls (SmartCompany | Tim Fung)
  • American real estate giant CoStar considers Domain takeover bid (AFR)
  • Cannon-brookes files injunction against employee over alleged misuse of confidential information (AFR)
  • Goodman Group raises $4b for expansion of Data Center capacity as profits surge (The Australian)
  • Launchvic selects 11 scaleups for 30x30 program with $1 billion growth potential (Startup Daily)
  • Rivals criticise YouTube’s exemption from Australia’s social media ban (AFR)
  • The Australian Renewable Energy Agency (ARENA) has backed ‘breakthrough’ battery powder facility VSPC with $30m (InnovationAus)
  • Andromeda to launch Australia’s first humanoid robot production line (SmartCompany)
  • Brag Media cofounder sues Vinyl for $2 million over acquisition dispute (Startup Daily)
  • Gilmour Space secures approval for upcoming rocket launch in March (InnovationAus)
  • Mandalay Venture Partners teams with Malaysia’s Segi Fresh to roll out local agtech into Asia (BNA)
  • Morpheus Ventures has been testing investor appetite of its stake in $2.5b SafetyCulture as it looks to realise gains after 8 years (AFR)
  • Zeller launches ‘Zeller for Startups’ as it looks beyond card acceptance (SmartCompany | Capital Brief)
  • Antler in Australia residency 13 kicks off with more than 90 founders across 3 capitals (Startup Daily)
  • Canberra Data Centres valued at $17 billion following $2 billion share sale (AFR)
  • Seek sells $95m stake in Employment Hero to KKR, and will retain a meaningful stake (AFR | BNA | Capital Brief)
  • Tyro Payments keeps an ear out for suitors amid share price plunge (AFR)
  • Steve Baxter launches defence technology fund, Beaten Zone raising $10m of a $60m target, as Trump pushes for higher military spending for Western countries (The Australian)
  • The findings from the Parliamentary Joint Committee on Corporations and Financial Services on the Wholesale investor tests are out with no major changes proposed (Cheryl Mack)
  • Australia's two leading real estate sites could be US owned as CoStar makes an all cash $2.65b bid for Domain (BNA)
  • Eight QLD startups to receive $25,000 in NRL Magic Round Tech Sprint (SmartCompany)
  • US judge throws out Aussie start-up Unlockd's Google antitrust case (AFR)

Funding Rounds

  • Twine , an AI insights startup bridging the communication gap between Product and Sales, has raised $2.3m in a Pre-Seed round from Airtree Ventures and Angel Investors (Capital Brief | Twine)
  • PropHero , a property investment platform that helps clients find, buy, and manage high-return, low-risk investment properties, has raised $25m in a Series A round from Bailador, AfterWork, Jelix Ventures, Samaipata, Fifth Wall and Opera Tech Ventures (AFR | Startup Daily | BNA | Mickael Roger)
  • ParkBooker , a caravan park booking platform, has raised $600k in a Pre-Seed round from Rising Tide Investment and Angel Investors (Startup Daily | SmartCompany | Josh Volk)
  • splose , an all-in-one practice management platform which automates administrative tasks for allied health and NDIS providers, has raised $5m from EVP (The Australian)
  • MyPass Global , a workforce compliance management startup which helps organisations in highly regulated industries reduce risk and admin costs through digital skills passports and real-time compliance data, has raised $7.5m in a Series A round from OneVentures (AFR | Capital Brief | Startup Daily | Matt Smith)
  • Banksia Minerals Processing , which is developing a novel electrochemical process to slash costs and unlock millions of tonnes of copper from otherwise overlooked resources, has raised $1.05m in a Seed round from UniQuest, IP Group (Startup Daily)

Terry Cornick

GM / DIRECTOR @ Digital Health Festival

1 周

Congrats to splose ????

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