Sydney-based Lorikeet, which provides AI agents it describes as “customer concierges”, raised a AU$54M Series A led by QED Investors at a AU$200M+ valuation
Not Just Chatbots FinSMEs : Lorikeet Raises $35M USD Series A Funding LinkedIn: Paul Smith : Lorikeet, a two-year-old Sydney start-up that is making waves globally in the red-hot artificial intelligen...
Amazon plans to invest ~$13B in Australia from 2025 to 2029 to develop its data center infrastructure, as demand for cloud computing and AI grows in the country
The investment, in the Sydney and Melbourne data centers, is the biggest ever in Australia by a global technology company, Prime Minister Anthony Albanese said.
Sydney-based Harrison.ai, which uses AI to analyze CT scans, X-rays, and pathology slides, raised a $112M Series C, after a ~$92.3M Series B in November 2021
Kate Park / TechCrunch :
Sydney-based Sitemate, which offers no-code software tools for industries like infrastructure and utilities, raised a AU$27.5M Series A at a ~AU$150M valuation
Shivaune Field / Forbes Australia :
Australian data center operator NextDC is raising AU$1.32B of equity to accelerate development and fit-out of centers in its core Sydney and Melbourne markets
Stuart Condie / Wall Street Journal :
Sydney-based quantum computing startup Diraq extends its Series A to $35M led by Quantonation, taking its total funding to $120M+, to build quantum processors
Mike Wheatley / SiliconANGLE :
Sydney-based Employment Hero, which offers a recruitment and HR platform, raised a AU$263M Series F at a AU$2.13B valuation, taking its total funding to AU$650M
Paul Sawers / TechCrunch :
Internal memo: Sydney-based MilkRun, which offered grocery deliveries in 20 minutes or less and raised a AU$75M Series A led by Tiger Global in 2022, is closing
Australian Financial Review :
Sydney-based DataMesh, which offers a payment processing system that ostensibly adapts to existing systems used by banks and merchants, raised a $30M Series A
PYMNTS.com :
Sydney-based Advanced Navigation, a developer of AI robotics and navigation technology, raised a $68M Series B led by KKR, bringing its total funding to $85M+
David Simmons / Business News Australia :