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Investor · 5 deals

Amazon

Sydney

Coverage

Stories naming Amazon. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Exit / M&A

Q2 2026 Global Fund Newsletter

Defender's quarterly newsletter reports an exceptional quarter for its global fund, headlined by portfolio holding SharonAI, which surged after a February Nasdaq uplisting and an NVIDIA GPU deployment partnership.

Also Defender AM portfolio·Startup Daily·AFR Technology·Forbes Australia·Forbes Australia·Dealroom

Funding announcement

🇦🇺 This Week in Australian Startups #176, 30th August 2026

Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.

Funding announcement

🇦🇺 This Week in Australian Startups #175, 23rd August 2026

Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.

Funding announcement

Topic | Managed funds | Australian Financial Review

An AFR managed-funds topic page: a star small-caps deputy goes solo with a new Sydney firm, Gigacomm buys rival DGtek, Google plans a multibillion-dollar domestic bond, plus fund manager and market stories.

Series A

Veridooh appoints former IPG CEO David Bell to advisory council

Australian adtech firm Veridooh adds ex-Interpublic chief executive David Bell to its advisory council; the write-up also covers his career and Veridooh's 2022 Series A raise.

Also Startup Daily·Startup Daily

Seed £120k

Diageo Acquires Tipplesworth: A Strategic Pivot Toward Premium Ready-to-Drink Innovation

Spirits giant Diageo bought British premixed cocktail maker Tipplesworth for £112 million in March 2024; the article examines the deal's rationale, the brand's retail growth, and planned expansion into Canada, Australia and the US.

9 deals

Eight ANZ startups that raised $102 million this fortnight

Roundup of eight Australian and New Zealand startups whose late-July funding totals $102 million across space capsules, medical devices, livestock breath analysis, sports analytics and AI crop forecasting.

Pre-seed

Investment Notes: Outlier Space

Investible's note explains its pre-seed backing of satellite startup Outlier Space alongside GD1 and others, arguing uncrewed return-capable platforms will make off-world manufacturing viable as the ISS retires.

Also Forbes Australia·SmartCompany

Unnamed stage $100m

Cover Genius Raises $100M From Vista Credit Partners

Vista Credit Partners is backing Cover Genius's USD 100 million raise, which puts the insurance platform's value at USD 1.9 billion; Morgan Stanley acted as placement agent.

Also SmartCompany·inspirepreneurmagazine.com·Cut Through Venture·SmartCompany·Startup Daily·Forbes Australia

6 deals

OpenAI's $122B Raise at $852B Valuation: IPO Rehearsal [2026]

Analysis of OpenAI's record Series F close, its investor lineup, revenue climb, valuation scepticism, earlier rounds, employee share sales, and its path toward a possible public listing.

Key hire

Stone & Chalk appoints AI leader Stela Solar as CEO, signalling new era for Australia’s largest innovation hub

Stone & Chalk named Stela Solar its new CEO, replacing Chris Kirk. Solar, formerly of Accenture and the National AI Centre, aims to enhance AI support for Australian startups.

3 deals

TechCrunch Mobility: Uber everywhere, all at once

Mobility newsletter roundup: Uber's robotaxi deal with Rivian, Nvidia's automaker partnerships, Advanced Navigation's Series C, other startup raises, and acquisitions including Amazon's purchase of robotics startup Rivr.

2 deals

OpenAI announces $110 billion funding round backed by Amazon, Nvidia - CNBC

OpenAI has raised a record private financing of $110 billion, with Amazon, Nvidia and SoftBank investing, lifting its pre-money valuation sharply, alongside an expanded cloud partnership with Amazon Web Services.

Also cnbc.com·tech-insider.org·forkast.news·finance.yahoo.com·finance.yahoo.com·benzinga.com·The Guardian Australia - Technology

Seed $9.9m

Former Canva executive raises $9.9 million for product mapping startup Adora

Product-mapping startup Adora, co-founded by an ex-Canva product chief, has landed seed funding with Blackbird leading and four other backers, earmarked for product work and Sydney hiring.

Also Startup Daily·Startup Daily·Startup Daily

10 deals

Eight ANZ startups that raised $113 million this week

Weekly roundup of eight trans-Tasman startup raises worth a combined $113 million-plus, alongside Joe Zhou's buyout of StrongRoom AI from administrators.

Also Startup Daily·Startup Daily

Pre-seed $500k

Mental health startup Tala Thrive reveals $500,000 pre-seed raise as it moves back to Melbourne

An exclusive interview with founder Sonia Kaurah discloses the culturally focused mental health platform's previously unreported $500,000 pre-seed round, backed by crowdfunding and angels, as the company relocates from London to Melbourne.

Also SmartCompany·Startup Daily

Funding announcement

Cheque-in: 8 ANZ startups banked $53.46 million in funding this week

Weekly roundup of eight Australian and New Zealand funding rounds totalling about $53.5 million, led by SwarmFarm Robotics' $30 million Series B for its farm robots.

11 deals

Eight ANZ startups that raised $53.56 million this week

Funding roundup: eight trans-Tasman startups together secured $53.56 million, topped by SwarmFarm Robotics' Series B, with Amber, Javln, Enhance Labs, Indi, Wych, Lift Women and Ambra Spirits also raising capital.

Funding announcement

Cashback platform Cashrewards to close after 11 years

Cashrewards, a shopping rebates platform once bought by ANZ's venture arm, is shutting down and returning member balances. It had earlier acquired Little Birdie, previously backed with $30 million by Commonwealth Bank.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily

Funding announcement

AI-powered fleet logistics startup Adiona Tech drives away with Startup World Cup Sydney win

Fleet-logistics software firm Adiona Tech won the Sydney pitch competition and heads to the San Francisco finale vying for a US$1 million investment prize; Telstra and Third Sphere previously backed the company.

Funding announcement

Here are the 16 startups pitching at Startmate Demo Day this week

Preview of the sixteen startups in Startmate's Summer '25 Accelerator cohort pitching at Demo Day at Carriageworks, closing out Blackbird's Sunrise gathering in Sydney.

Unnamed stage $80m

Catch: A business timeline, in their words

Retrospective timeline of Catch's journey from its 2006 launch through Tiger Global's investment, the Menulog and Luxury Escapes deals and Wesfarmers' $230 million acquisition, to Wesfarmers' announced wind-down.

Grant

Work skills edtech HEX acquires Sydney tech training startup EntryLevel

Education startup HEX has bought Sydney-based learning platform EntryLevel for an undisclosed amount, while securing another year of Atlassian Foundation backing and partnering with Toyota's trust on a STEM program for regional students.

Unnamed stage $30m

The one that got away: After paying $230 million for Catch, Wesfarmers is shutting it down

Wesfarmers is closing Catch, the online retailer it bought for $230 million in 2019, citing local ecommerce competition; the story also recalls Catch's venture backers and Little Birdie's $30m stake, pause and rescue.

Also Startup Daily

2 deals

Two ANZ startups that raised $60.4 million this week

Crimson Education has completed a NZ$67 million Series D with Movac leading and a valuation above NZ$1 billion; fulfilment-robotics maker Nexobot has raised $400,000 pre-seed from Skalata and Antler.

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