Startups

Quantum computing startups were once again in the mix of funding news this week, with five Aussie companies raising a combined $58.5 million.

A new report has revealed that AI and climate tech startup funding is going well, despite overall investment dropoff.

The CSIRO's VC arm Main Sequence has raised $450 million for its third fund which will focus on deep tech climate solutions and critical technologies.

Thirteen Australian VC funds will begin disclosing their funding data for women-led businesses. Because right now, the numbers aren't changing enough.

Despite originally aiming for $130 million, Silicon Quantum Computing has landed $50 million in a sluggish funding environment.

The total amount raised by startups this week may be substantially lower than the past two weeks, but the companies with fresh funding are no less interesting.

Australian employee engagement fintech Paylab has entered voluntary administration, raising questions about its future and the status of workers using its pay-in-advance feature.

The investment app Verve Money, which launched on July 17, allows investors to select from one of three ethically curated portfolios.

Proptech startup Sensor Global has successfully closed its seed funding round to deliver “internet of things” (IoT) solutions to residential property, with the first being a smart smoke alarm.

Australian investors have poured more than $1 million into plastics recycling service RecycleSmart, as co-founder Marco Prayer says he has invested his entire career to proving the business benefits of the circular economy.

It's been another $100 million-plus week for Australian startup funding, with this week's total of $115.7 million coming in slightly ahead of last week's $107.35 million.

In a win for cybersecurity, Australian startup Secure Code Warrior has landed over $72 million in Series C funding to help educate businesses.