PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US
1. More effectively get the $1T+ of IP out of universities. — 2. Have Australian corporates and governments buy our own innovations …
Dream, which offers cybersecurity tools to governments and critical infrastructure firms, raised $100M led by Bain at a $1.1B valuation, up from $190M in 2023
- Cybersecurity-focused firm raised $100 million in latest round — Dream targets $100 million in annual recurring revenue in 2025
Beijing-based AI startup Baichuan raised about $687M at a $2.8B valuation from investors, including Beijing, Shanghai, and Shenzhen governments, and Alibaba
Bloomberg :
PsiQuantum, which aims to build a commercial quantum computer, raises $940M from Australia and Queensland governments, via share purchases, grants, and loans
Sources: China's chip fund is struggling to raise its $41B goal from local governments and state-owned enterprises, which are dealing with the economic slowdown
Financial Times :
How Alethea, Graphika, and other startups are fighting disinformation, charging companies and governments $100K+ per year after raising $300M+ from 2018 to 2022
A look at Alethea, Graphika, and other startups that raised $300M+ between 2018-2022 to fight disinformation for companies and governments, charging $100K+/year
Shawn Eib was on the case as soon as customers started pulling billions of dollars from Silicon Valley Bank.
Australia-based Fivecast, whose AI-powered software can help companies and governments monitor potential threats, raised a ~$20M Series A led by Ten Eleven
Joseph Brookes / InnovationAus.com :
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users
no billionaires, big funds, governments or anyone else with control of the company or the communities we support. We're completely independent," The future is open-source🔥 https://twitter.com/... Jim ...
Utah-based Strider, whose software helps organizations and governments protect IP, talent, and supply chains from nation-state threats, raises a $45M Series B
Strider, a platform designed to help companies, governments and research institutions protect intellectual property (IP) …