Ledger.

Startup · $775m raised

Stripe

San Francisco

Coverage

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

5 deals

Square Peg raises over $1 billion for new funds amid AI bonanza

Venture firm Square Peg has confirmed two funds holding more than $1 billion between them, alongside a look back at its biggest bets, sell-downs and the acquisitions that delivered windfalls.

Also Dealroom

Funding announcement

This former OpenAI exec is trying to cure chronic diseases, including her own

Profile of Fidji Simo, who left OpenAI to cofound ChronicleBio, which has raised $20 million to use AI and biological data to subtype chronic illnesses like POTS and long COVID and rescue shelved drugs.

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.

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

Fund close $650m

Airtree's Fund V: $650m to back Aussie and Kiwi founders from idea to global household name

AirTree closes its $650m Fund V across seed and growth vehicles, backed mostly by international institutional capital, and promotes three early-career investors to Principal.

4 deals

Crunchbase Predicts: 15 Companies That Could Go Public In 2026 As The IPO Market Gains Momentum

Crunchbase's 2026 forecast lists fifteen late-stage companies it deems probable or very likely IPO candidates, profiling each with past raises, valuations and secondary sales; Australia's Canva makes the list.

2 deals

Airwallex raises a blockbuster $498 million Series G as its valuation soars to $12 billion

Fintech Airwallex raised a $498 million Series G led by Addition, lifting its valuation to $12 billion; Square Peg and Airtree joined, and Blackbird's $60 million May Series F backing is recalled.

Also SmartCompany·Cut Through Venture·SmartCompany·Dealroom

Funding announcement

TEN13 Newsletter - Flight Path (September 2025)

Ten13's monthly newsletter reports its first institutional mandate via Queensland's QVCDF, new seed investments in OneMRI and Source, follow-ons in Arintra and Everlab, and portfolio progress including Go1, Qsic, Pearler and After.com.

7 deals

The IPO Market Is Opening Up. These 14 Companies Could Be Next.

Crunchbase News profiles 14 venture-backed companies its predictive models flag as likely IPO candidates, from Stripe to Sierra Space, recapping their funding histories, valuations and financial milestones.

Also Startup Daily·Forbes Australia·Forbes Australia

3 deals

AI customer support startup Lorikeet has now raised $75 million in just 10 months

Sydney AI customer-support startup Lorikeet has closed US$35 million in a Series A led by QED Investors, its third round in under a year, lifting total funding beyond $75 million.

Also SmartCompany·Cut Through Venture·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily

undisclosed US$9m

Investment Notes: Lorikeet

Blackbird's note explains why it led Lorikeet's nine-million-US-dollar round alongside co-investors, describing the startup's workflow-first approach to harder support tickets and its results with Eucalyptus.

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

Seed US$5m

Investment Notes: Lorikeet US$5M Seed

Square Peg led Lorikeet's US$5 million seed round for its AI customer-support automation platform, joined by Skip Capital and US angel investors, supporting the team's US expansion.

Also Square Peg Capital portfolio·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily

3 deals

Tech's 'sleeping giant': Inside the $100 billion industry ripe for disruption

Australian insurtech momentum examined: Honey Insurance's Series A and Cover Genius's raise led Q2 2024 funding, while an Airtree partner argues incumbents have left insurance open to technology-driven challengers.

Also SmartCompany

7 deals

Six Aussie startups that raised $21.3 million this week

Roundup of the week's Australian raises: Sitemate, Kashcade, Psychae Therapeutics, MediCann Health, Refilled and Upworth together banked $21.3 million across software, lending, psychedelic medicine, cannabis and drink dispensing.

Also Startup Daily·Startup Daily·SmartCompany·Forbes Australia

Funding announcement

Discover the 10 Startups Leading AI-Driven Global Financial Transformation!

Startupbootcamp Australia unveils the ten startups joining its Sustainable Fintech 2023 Accelerator Program, drawn from eight countries, with support from corporate partners including Amazon, Stripe and the ASX.

Funding announcement

Meet our FoodTech Tasmania 2023 Cohort!

Startupbootcamp Australia unveils the ten startups chosen for its 2023 FoodTech Tasmania program, spanning seven countries, and acknowledges its government, corporate and long-term partners.

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