Funding in Australia hits 18-month low, but Series A startups have never been making more ARR. Plus, do we have a problem with young VCs leaving the industry?
OS Weekly
NRF has billions under management, but no strategy. Adelaide gets a new addition to Lot 14 while Sydney laments the loss of the Sydney Startup Hub.
Corporate restructuring at Canva forces hundreds of employees into a taxable moment, Aussie VCs look to hold onto their best picks for longer, SA gets their first ESVCLP and the 2025 Finnies are awarded.
Canva snaps up AI ad-tech start-up Magic Brief while hitting 25M paid users, AWS commits $20B to Australia. Two ClimateTech funds close, and impact startups continue to be a big focus for investment.
7 startups announce funding, with one OS exclusive, The Tech Council says ESVCLP needs a revamp, Strongroom AI saga ends and Australia now has its first Founders Fund.
Strongroom AI drama comes to a head, Australian universities invest in AI supercomputers, and should our Government offer more business to startups? Plus four startup raises across ANZ.
Does Australia have a liquidity problem or opportunity? SportsTech hits $5.65B+ valuation and new data on the speed of startup milestones.
Startups are starting to unionize, 7 startups raise, Breakthrough Victoria gets slashed (again) and ESOP particpation in ANZ is leading the world.
Rocket launch delayed. Could the super tax cripple the startup ecosystem? Australia has a startup growing faster than Canva ever did.
