AI customer support startup Lorikeet just closed its third funding round — but CEO Steve Hind says the real secret to raising capital is rarely shared by VCs.
Venture capital
Cuffe’s APS Foundation is targeting $1 billion by 2028, backing standout investments like Guzman y Gomez and expanding into global secondary funds.
The strong start to the year for Australian startup funding may be short-lived as Donald Trump's tariffs cause turbulence across the ecosystem.
Administrators for the troubled startup have secured an agreement allowing it to pay wages and maintain operations while they proceed with an urgent sale process.
Airtree, Main Sequence and other Australian VCs are encouraging their portfolios to focus on runway and profitability as they anticipate a bumpy ride ahead.
Canva’s bold move into productivity tools is both a leap forward and a strategic defence, as AI-powered rivals close in on the $49 billion design giant’s territory.
NextGen Ventures' $2.5 million fund is modelled on America's Dorm Room Ventures, which has backed student-run startups that went on to raise US$6 billion.
If all goes to plan, StrongRoom AI could be sold next week, administrator Todd Gammel told Capital Brief, as bids roll in and cuts are made.
The extraordinary series of events that led a startup to collapse just weeks after it raised millions of dollars have now been detailed.
Newly released court documents for the first time detail why EVP made the extraordinary decision to call police on its own portfolio company.
There are likely more twists and turns to come in the StrongRoom AI saga, which has captivated the Australian startup ecosystem.
VCs are enthusiastically embracing AI for almost all of their tasks. Except the most important one.
HLB Mann Judd will seek talks with shareholders and the Federal Court over a freezing order that has restricted its access to funds it wants to use to sell the business.
A federal workplace official expressed concerns about StrongRoom's governance and experience more than a year before the medtech collapsed into administration.
The future of StrongRoom AI hangs in the air after the Australian medtech startup entered voluntary administration.
One of Australia’s most outspoken investors has gone quiet after the first startup he invested in collapsed in a mire of controversy.
AI health startup Harrison.ai has posted modest revenue and a paper profit, driven by a windfall from its now fully owned subsidiary, Annalise.ai.
One of the first investors in StrongRoom AI says the Sydney venture firm did not notify other shareholders before it called police to investigate the startup.
After partnering with Westpac and Bank of New Zealand, Sydney startup Rich Data Co has its sights set on the US.
In an extraordinary move, EVP has called the police on the freshest startup in its portfolio, StrongRoom AI. The situation raises questions about how — and how urgently — VCs make investment decisions.
Despite strong private equity performance, most Australian super funds are locked out of the lucrative secondaries market due to regulatory and cost constraints.
EVP will return millions to its Opportunities Fund if it can recover its recent investment in StrongRoom AI. What happens if it can’t is less certain.
Australia's most successful VC firm has started raising its sixth fund in what could be seen as a positive sign for the broader innovation ecosystem. Or is Blackbird just different?
Sydney venture capital firm EVP has taken the extraordinary step of contacting authorities to investigate one of its own portfolio companies over "alleged activity".
Donald Trump's tariffs are harming the cryptocurrency sector more than his plans for a Strategic Bitcoin Reserve are helping. But the local industry remains optimistic.
Xefco has spent the past six years developing solutions to scale and reduce textile emissions for a greener supply chain in the fashion industry.
Australian universities are great at research but have struggled to translate that brilliance into new startups. One of Australia's biggest VCs thinks it can help.
