Hey, I'm Will from Overnight Success. I'm passionate about startups, in particular those from Australia!
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.
Ed Husic axed from Industry and Science portfolio, Aussie startups make international funding news with massive capital raises and University funds double down with exciting partnerships and new funds to invest in Alumni startups.
Blackbird Sunrise marks a moment to reflect. Antler grows its portfolio by eight and Australia heads to the polling booths.
ESVCLP could be getting a some big changes as the election draws near, Zero Co shuts down and 2 startups raise impressive Series A rounds.
Aussie Q1 deal data is out. There's a new, quantum GPS on the market, Seer Medical is back from the brink and CSIRO annouce their latest accelerator cohort
This week we have a monster $127M Series D in CleanTech announced, and Canva makes some big announcements (watch out, Microsoft Excel), plus three new venture funds were also announced.
StrongRoom saga continues, the reactions to the NSW Innovation Blueprint and Canva make its first lay-offs. Plus, four startups raise capital!
$17M Series B to administration within a month? We have the full timeline here plus some Quantum leaps as several quantum startups raise fresh funding
Should the government match venture investments $ for $? Defence tech is on the rise and Overnight Success is in a pitch competition!
Enough pre-Seed & Seed round announcements to plant a forest 🌳 and the circa $1B government bet on PsiQuantum is showing positive signs!
Important Government announcements you may have missed + we share a deck that just closed a $1.6M pre-seed round!
Gilmour Space is headed for liftoff, but wholesale investor changes are staying grounded.
Are you feeling richer? The Aussie startup ecosystem sure hopes so.
Does Australia spend enough of its GDP on R&D? Are we getting left behind? How much of that R&D should be quantum investments?
More startup funding data than a startup pitch deck has hockey stick graphs
Your supermarket's radio soundtrack might be smarter than you think, thanks to this Aussie startup.
Does Australia need a DOGE? This Aussie space entrepreneur thinks so - how about you?
