Venture Capital stories - Page 14

SOUTHSTART secures AUD $2 million from South Australian Government, ensuring its innovation festival continues through 2028 with expanded startup opportunities.

Beaten Zone Venture Capital Fund 1 has gained Early Stage Venture Capital registration, targeting AUD $451m in defence tech investments with tax benefits for partners.

Candex secures USD $33 million in Series C funding led by 9Yards Capital to boost its global procurement platform and vendor management offerings.

VentureCrowd has appointed Jesse Arundell to its Advisory Board to lead AI-driven innovations in private capital markets, aiming to cut fundraising times significantly.

Verdane has partnered with Guardsquare to expand its mobile app security services globally, addressing rising cyberthreats with enhanced products and growth strategies.

Talon.One has raised $135 million to advance its AI-powered loyalty platform, serving over 270 global brands including H&M and Adidas.

Six Australian AI and robotics startups are finalists for Propel-AIR, vying for advanced support and a residency at MassRobotics in Boston.

Swiss Deep Tech startups have surpassed USD $100 billion in value, boosted by strong venture capital and academic innovation in AI, biotech, and space sectors.

Meliora Ventures has invested in five generative AI startups across the UK, Ireland, France and Australia, supporting businesses with innovative AI products and growth.

NSW launches Investment Delivery Authority and commits nearly $80m to innovation, aiming to fast-track major projects and boost tech growth by 2026.

Chris Petzoldt departs Simon-Kucher after 25 years, having established and grown its Australia-New Zealand business, to pursue new ventures.

Airwallex appoints a new board for its SVF unit as it nears an ADI licence in Australia, following a USD $300 million funding round valuing the company at USD $6.2 billion.

Amber has raised $45 million to expand its home battery and EV automation tech globally, ahead of Australia's 2025 battery rebate scheme.

Tenable plans to acquire Apex Security, enhancing its AI risk control and exposure management platform amid rising cyber threats from AI adoption.

Airspeeder's electric flying car races over South Australia's salt flats could spark a revolution in urban transport and eVTOL technology development.

Optimizely and commercetools partner to help retailers deliver faster, personalised digital experiences by integrating content and commerce platforms for marketers.

Biostate AI has raised USD $12 million to enhance AI tech for predicting disease progression using RNA sequencing, aiming to advance personalised medicine globally.

QuantumLight closes USD $250 million debut fund, rolls out hiring playbook inspired by Revolut's recruitment success and rapid growth strategies.

ANZ startups lead globally with 51.8% of employees exercising stock options, surpassing US and APAC rates, boosting employee equity ownership trends.

Global Tech Advocates launches Tech New York Advocates, its 44th group, led by Alejandro Martinez to foster innovation and inclusivity in NYC's tech scene.