Australia & Oceania

Airtree Ventures already returned its first fund thanks to Canva while maintaining the majority of its stake

Airtree Ventures uses the secondary market to slim down its stakes while waiting for its portfolio companies to exit.

Australian space startup Esper wants to build hyperspectral sats for cheap

Australian remote sensing startup Esper wants to capture hyperspectral imagery from space at a fraction of the price of its competitors. The company, which will launch its first demonstration satellit

How Neara uses AI to protect utilities from extreme weather

Over the past few decades, extreme weather events have not only become more severe, but are also occurring more frequently. Neara is focused on enabling utility companies and energy providers to creat

Rippling opens Asia-Pacific HQ as its international expansion gears up

After recent launches in the United Kingdom and Ireland, workforce management platform Rippling is continuing its ambitious international expansion with the opening of its Asia-Pacific headquarters in

Yume’s platform helps manufacturers turn potential food waste into money

While running a bar in Melbourne, Katy Barfield was taken aback by the large amount of ingredients thrown out at the end of each day. After doing some research, she realized that Australia produces ab

Why Australia is ripe for VC

The addition of new technology sectors into Australia’s landscape could also help attract the necessary capital and business acumen, while creating a more inclusive environment.

From graphic design to visual workflows, Canva’s new AI core is changing its business

With Canva, generative AI hits different. In fact, it’s hard to imagine a better technology to boost Canva’s user growth and revenue generation.

The Australian VC firm that sponsored California’s diversity bill

Beyond just giving women money, F5 Collective wants to create generational change for a billion women across India, Southeast Asia and Australia.

Australia’s climate tech industry is booming, but it could bust without funds

To date, $435 million has been invested into Aussie climate tech startups from international investors.

Equity Down Under: How Australian startups can crack the US market

For this episode of Equity, we spoke to two Aussie VCs: Dan Krasnostein of Square Peg and Gabrielle Munzer of Main Sequence.

Relevance AI’s low-code platform enables businesses to build AI teams

Many companies already use generative AI tools, like OpenAI’s ChatGPT, which can help improve workers’ performance by as much as 40% compared with workers who don’t use it. However,

Sydney-based generative AI art platform Leonardo.Ai raises $31M

Sydney, Australia-based Leonardo.Ai is one of the latest generative AI startups to raise funding. Today, the AI art production platform for consumers and enterprise users announced a $31 million USD r

Investors say New Zealand has ‘all the right ingredients’ to be a startup nation

This is part of a survey of investors focused on Australia and New Zealand. The following responses are from the New Zealand investors.

Australian investors say capital limitations push founders to ‘new heights of creativity’

This is part of a survey of investors focused on Australia and New Zealand. The following responses are from the Australian investors.

Avarni gets backing to help large enterprises hit their net-zero goals

For a lot of companies, Scope 3 emissions make up the bulk of their carbon footprint, but are time-consuming and expensive for them to track. As more regulation mandating Scope 3 reporting is passed,

Blackbird invests in Carepatron’s ‘radically accessible’ healthcare management platform

When TechCrunch covered Carepatron’s pre-seed last year, the startup was focused on serving solo practitioners and small health practices. Now the healthcare management system has scaled along with

Blackbird backs Heidi Health’s AI platform for overworked doctors

Many doctors are overwhelmed by paperwork, leaving them stretched thin, with less time to see patients. Based in Melbourne with plans to expand around the world, Heidi Health wants to ease the burden

Varda Space will land its next capsule in Australia as it continues to coordinate first mission reentry

In-space manufacturing startup Varda Space Industries will land its next spacecraft in Australia as it continues working with U.S. regulators to get its first mission approved for reentry in Utah, the

Poshmark to shut shop in India, Australia and UK in abrupt retreat from international markets

Poshmark is shutting down its international businesses — operations in India, Australia and the U.K. — as the social shopping marketplace shifts attention to “core markets,” th

Darwinium brings digital security and fraud prevention to the perimeter

Back in 2018, LexisNexis acquired the digital identity platform ThreatMetrix for just under $820 million in cash. In 2021, ThreatMetrix co-founders Reed Taussig and Alisdair Faulkner returned to the w
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