Kraken

In The Space Of Months, AI Funding Boom Adds More Than $500B In Value To Unicorn Board And Reshuffles Top 20

Crunchbase's unicorn tracker analysis finds AI-driven valuations added over half a trillion dollars in months, reshuffling the top twenty and minting eleven new decacorns in H2 2025, including Figure, Kraken, Mistral and Sierra.

Also Crunchbase News·Forbes Australia·Crunchbase News

Nine Aussie startups that raised more than $104 million this week

Weekly roundup reporting nine Australian startups that together secured roughly $104 million across sports tech, semiconductors, regtech, legal automation, SaaS, edtech, agtech and biotech, with Vald's $36 million the largest.

Also Techboard

Crypto exchanges Binance and Kraken back anti-fraud regtech FrankieOne in $23 million Series A top up

Fraud and identity verification company FrankieOne has added $23 million to its Series A, led by AirTree and Greycroft, with crypto exchange venture arms Binance Labs and Kraken Ventures joining as new strategic backers.

AirTree and Greycroft return to lead Australian regtech FrankieOne's Series A+

Melbourne identity verification startup FrankieOne raised a $23 million AUD Series A+ extension led by AirTree Ventures and Greycroft, with new strategic backing from Binance Labs and Kraken Ventures, to fund international expansion.

Also Startup Daily·SmartCompany·SmartCompany·Techboard

Your 90-second guide to the day in tech

Tech roundup: Facebook's smartwatch plans, Jaguar's EV pivot, Kraken launching a VC arm, Tribe raising pre-IPO ahead of a planned ASX float, and LaunchVic backing Boab AI's scaleup program and first five companies.

Also Startup Daily·LaunchVic

Kraken acquires Australian cryptocurrency exchange

US crypto exchange Kraken has bought Bit Trade, a long-running Australian exchange, expanding into Australia and Asia-Pacific after its late-2019 purchase of Circle Trade.