Techstars, established in 2006, stands as one of the most active pre-seed investors, having extended support to over 3,800 companies. The company aims to facilitate a broader flow of capital to entrepreneurs worldwide, ensuring remarkable returns for investors.  On average, an impressive 74.5% of Techstars companies secure funding within three years of participating in their […]

Australia and Singapore-based Cortical Labs, a pioneering company in the field of synthetic biology and the use of human neurons for developing artificial intelligence, has successfully closed a $10 million funding round. The funding was led by Horizons Ventures, with participation from Blackbird Ventures, LifeX Ventures, Radar Ventures, and In-Q-Tel. In a statement, Cortical Labs […]

Japanese multinational corporation Suzuki has acquired a strategic stake in Australian technology company Applied EV for an undisclosed amount, according to an announcement Wednesday. The strategic investments comes as Applied EVE seeks to accelerate its software development for next generation mobility. Suzuki entered into an agreement with Applied EV in September 2021 and has since […]

Morse Micro, a fabless semiconductor company reinventing Wi-Fi for the Internet of Things (IoT), announced that it has raised $140 million in a Series B funding round led by MegaChips Corporation, a leading ASIC and SoC services company based in Japan. The funding round was also backed by existing investors including Blackbird Ventures, Main Sequence […]

Veridooh, a multi-award-winning adtech firm, has secured $5 million in Series A funding, which will be used to grow internationally as part of its aim to improve out-of-home (OOH) advertising transparency, automation, and intelligence. EVP, a venture capital firm led by Dan Szekely, anchored the investment round. Szekely will join the Veridooh board of directors […]

Melbourne-based startup Blinq announced that it has raised A$5 million from Blackbird and Square Peg Capital to revolutionise how professionals share their details and manage ongoing relationships. Blinq lets users share a snapshot of their professional identity, make great first impressions, and manage ongoing relationships. It replaces business cards and static contact apps with a […]

NCS today announced its acquisition of Australia’s largest privately-owned IT services company, The Dialog Group (Dialog), to better support the Australian public sector and enterprise clients in addressing their rising digital transformation needs. The acquisition of Dialog for A$325 million ($241 million) is geared to unlock new growth opportunities in the Australian market and accelerate […]

Australia-based startup Language Confidence announced a $1.5 million (A$2.05 million) Seed round to automate the teaching and testing of spoken English. The capital raise was led by Wavemaker Partners, one of Southeast Asia’s leading early-stage venture capital firms, with participation from Investible, a leading Australian early-stage investment group. The funding will enable the company to […]

Australian online design platform unicorn Canva announced that it has acquired Flourish, a UK-based data visualisation platform, for an undisclosed amount. The acquisition comes as Canva marks the milestone of more than 75 million monthly active users, an increase of more than 30 million in the last 12 months as teams of every size seek […]

Asian food delivery platform Hungry Panda announced its recent acquisition of Australian food delivery platform EASI and New Zealand Asian food delivery platform BUY@HOME. These two deals will assist HungryPanda expand its local operations, allow operators to achieve greater commercial success and improve consumer experience by widening their choice of authentic Asian restaurants. These agreements, […]