James Alexander

Galileo Ventures reaches first close on its second fund

Artesian writes that Galileo Ventures' second fund has closed $15 million of a $30 million target, counting Artesian and Innovation Victoria among its backers, and has made a first investment in Fluent BCI.

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Galileo Ventures reaches first close of $15M on $30M second fund

Galileo Ventures has closed the first half of its second fund at $15 million, targeting $30 million, with Innovation Victoria a cornerstone backer; the fund's first cheque went to brain-interface startup Fluent BCI.

The New Industrial Revolution Emerges: Year in Review and What's Next in 2026

Galileo Ventures' annual letter looks back on 2025: a partner hire, raises at Relevance AI, Andromeda and Tixel, a 25th investment in Isaacus, and Breakthrough Victoria as cornerstone backer of Fund II.

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AI Dev Tools Will Lead The Way – Our Investment in Gumnut 🦩

Galileo Ventures announces a $240,000 seed backing for Gumnut, a developer-tools startup adding real-time collaboration and AI agents to SaaS forms, and sets out its investment thesis.

Investors have poured more than $1.2 billion into Australian student-founded startups

A student-run venture fund launches alongside research showing university founders have attracted backing topping $1.2 billion, though women-led teams receive a small share; Blackbird is the most active backer.

Curiious, the virtual reality company behind the Opera House Vivid show, raises $1 million in pivot to corporate metaverse

Sydney immersive-content firm Curiious has banked $1m in a Galileo Ventures-led round to grow its enterprise 3D platform, four years after a $2m raise for its education product.

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Atlassian launches $70 million venture fund to foster “a robust ecosystem” for cloud-based startups

Atlassian has launched a corporate venture vehicle to back startups building on its cloud products, with two companies already funded; the piece also notes recent fund raises by several Australian venture firms.

Aussie VC firms are racking up millions, and it's social impact startups that could reap the rewards

Impact Investment Group launches a $70 million Impact Alternatives fund of funds for impact investing, while several Australian funds including OneVentures, Tidal, Square Peg and Blackbird have recently raised new funds.

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NYC venture fund leads Flare HR Series B

Flare HR has closed a $21 million Series B led by New York's Point 72 Ventures, with existing backer Reinventure continuing its support, aiming to grow locally in employee engagement and payroll.

Also Startup Daily

Relevance AI Raises A$37m to Build the AI Workforce of The Future

Galileo Ventures reflects on backing Relevance AI from its VectorAI origins, recalling its seed and Series A rounds and celebrating the company's newly announced Series B.

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