Startup · $3.7b raised
Every investor coverage indicates participated in a round NextDC raised.
Companies NextDC acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming NextDC. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
NextDC, an Australian operator of data centres, announced a A$1.1 billion convertible note offer, following April equity and May debt raises, to bankroll local expansion.
A Brisbane-founded ASX-listed operator is funding its biggest data centre build with a fresh share offer to existing holders, plus an expanded hybrid securities deal that drew more pension fund money.
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Capital Brief's roundup: superannuation policy plans, a NSW data centre planning dispute, KPMG resisting a break-up, Stripe and Canva leaders on AI, Stripe's local Treasury push, and Culture Amp's data policy change.
AFR cybersecurity topic page rounding up recent stories: Origin Energy's data breach investigation, Point Wild's planned ASX float, AI models hacking companies, and a CyberCX–Monash University cybersecurity degree partnership.
The head of neo-cloud firm Sharon AI argues no copyright change is needed to attract data centre investment; the piece recalls its Nasdaq listing raise and a large new financing.
Australian AI infrastructure company SharonAI Holdings has debuted on Nasdaq at a valuation above $1 billion, with a December pre-IPO round, backing from Digital Alpha and USD.AI, and an April ASX float planned.
Eight university- and company-led Australian quantum projects share $12.7 million in stage-two Critical Technologies Challenge Program grants, funding prototypes for data-centre cooling, medical imaging and rare-earth detection.
The Victorian government has granted ACAMI at La Trobe University $10 million to help deploy NVIDIA DGX H200 supercomputers for AI-driven medical research, including a Florey collaboration on a childhood neurodegenerative disease.
NextDC has opened D1, its Darwin data centre, built alongside Vocus and the NT government, with Aussie Broadband, GSL Networks and NetVault among foundational partners in the facility's Digital Development Program.
Weekly roundup covering CBA's strategic stakes in Little Birdie and Amber, several Australian funding rounds, Zip's BNPL acquisitions, Tritium's planned NASDAQ listing, Amazon's MGM purchase and other global tech news.
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Bevan Slattery's family vehicle took $2.5 million of shares in a Pointerra capital raise, and the geospatial company's ASX-listed share price jumped about 85 percent after trading resumed.
Techboard's quarterly report tallies record funding for Australian startups in early 2019, led by the PEXA sale and Airwallex's raise, while flagging that private investment growth may be slowing.
Techboard's March 2019 quarterly report records over $2.6 billion in startup funding, driven by CBA's PEXA acquisition, Airwallex's unicorn round, several large raises, and a warning that early-stage deal flow is shrinking.
Also Startup News (WA)
Techboard's quarterly report finds March 2019 Australian startup funding passed $2.7 billion, driven by the PEXA sale, while Airwallex's Series C created the period's second local unicorn, though a downturn is forecast.
Brisbane startup Cloudscene hires Belle Lajoie as CEO from Megaport, with Renee Harper moving to a marketing vice-president role.