Recent Posts
Deals•Mar 2, 2026
Hims & Hers to Acquire Australian Telehealth Startup Eucalyptus for A$1.6bn
Hims & Hers Health (NYSE: HIMS) announced the acquisition of Australian telehealth startup Eucalyptus for an estimated A$1.6 billion (≈US$1.15 billion). The deal includes an initial cash payment of US$240 million (40% of the price) with the balance to be paid over 18 months and via earn‑outs, pending regulatory clearance. The transaction was announced in February 2026 and reported on March 2 2026.
Startup Daily (ANZ)
Deals•Feb 23, 2026
Heidi Acquires UK AI Healthcare Platform Automedica
Australian health‑tech scale‑up Heidi announced the acquisition of UK AI healthcare platform Automedica, expanding its AI product suite and UK regulatory presence. The terms were undisclosed. The deal follows Heidi’s $125 million fundraising round last year.
Startup Daily (ANZ)
News•Feb 19, 2026
Blackbird-Backed Telehealth Startup Eucalyptus Sells for $1.6 Billion to US Listed Rival
Australian telehealth startup Eucalyptus is being acquired by NYSE‑listed Hims & Hers for $1.15 bn, valuing the company at A$1.6 bn. The deal includes an upfront $240 m payment and deferred cash or stock plus earn‑out provisions through 2029. Eucalyptus reports an ARR north...
By Startup Daily (ANZ)
News•Feb 18, 2026
Is Australia’s Secondaries Market the Solution to Delayed Exits and Liquidity Pressure?
Australia’s venture ecosystem is confronting a liquidity crunch as exits stretch and companies remain private longer. Secondary transactions have moved from occasional fixes to a structural component, with analysts estimating a US$2.6 billion pool of liquidity in tech firms over the...
By Startup Daily (ANZ)
News•Feb 17, 2026
Breakthrough Victoria Scores 5x Uplift on Investment in US Quantum Startup Listing on the NYSE
Breakthrough Victoria’s A$29 million stake in US‑based Infleqtion has generated a five‑fold value increase after the company listed on the NYSE via a SPAC merger. Infleqtion raised US$550 million, debuting at US$14.25 per share and closing at US$15.59, a 14% first‑day gain....
By Startup Daily (ANZ)
News•Feb 17, 2026
Digital Broker Konkrd Just Changed How You Buy Health Insurance, Using AI
Konkrd, a digital broker founded by former iSelect executives, completed Australia’s first fully autonomous health‑insurance sale using its agentic AI platform. The end‑to‑end process guided a real customer through a needs analysis, policy recommendation, and final purchase without manual intervention,...
By Startup Daily (ANZ)
News•Feb 17, 2026
LaunchVic OG Boss Kate Cornick Departs to Become Tech Council CEO
LaunchVic CEO Dr Kate Cornick resigned after a decade to become chief executive of the Tech Council of Australia, succeeding Damian Kassabgi. During her tenure, Victoria’s startup ecosystem expanded to 4,400 firms and a $139 billion valuation. The move coincides with...
By Startup Daily (ANZ)
News•Feb 17, 2026
Seek’s VC Fund Is Conscious Uncoupling with Employment Hero
Seek Investments, the venture arm of ASX‑listed job portal Seek, announced the divestment of its remaining stake in HR platform Employment Hero, concluding an eight‑year partnership. Employment Hero now generates over $300 million in annual recurring revenue and serves more than...
By Startup Daily (ANZ)
News•Feb 17, 2026
UNSW Puts $35 Million Into Uni Startup Spinouts
UNSW Sydney is allocating $35 million to boost research commercialisation, including a $25 million pre‑seed fund and a $10 million investment in VC High Street Ventures, with the goal of launching 50 spinout companies by 2030. The pre‑seed fund will provide up to...
By Startup Daily (ANZ)
Deals•Feb 17, 2026
Seek's VC Fund to Divest Remaining Stake in Employment Hero
Seek's venture arm announced the sale of its remaining stake in HR software platform Employment Hero as part of its half‑year results, ending an eight‑year partnership. The divestment follows a prior $95 million stake sale to KKR and a resolved Federal...
Startup Daily (ANZ)
News•Feb 16, 2026
Techstars Sydney Is the Latest Victim of the NSW Government’s Ongoing Startup Purge
Techstars Sydney accelerator is shutting down after its three‑year contract with the NSW government expired, ending the state’s funding for the program. Over three cohorts the accelerator invested more than $6 million in 36 startups, with 58% receiving their first external...
By Startup Daily (ANZ)
News•Feb 10, 2026
Former Canva Exec’s Product Mapping Startup, Adora, Designs $9.9 Million Seed Round
Adora, an AI‑powered journey‑mapping platform co‑founded by former Canva product head Omar Salem, closed a $7 million seed round led by Blackbird Ventures. The tool automatically captures screens, interactions and user paths, turning them into live visual maps enriched with analytics...
By Startup Daily (ANZ)
News•Feb 10, 2026
Startmate Launches Social Enterprise Stream Backing Founders Taking on Society’s Biggest Problems
Startmate has added a dedicated Social Enterprise stream to its Launch Club pre‑accelerator, offering four to six fully‑funded scholarship spots for founders tackling social or environmental challenges. Applications close on March 1, with the cohort launching in late March. The program...
By Startup Daily (ANZ)
News•Feb 10, 2026
Deel Has $21 Million up for Grabs in Its Global Seed-Stage Startup Comp, The Pitch
Deel, the global HR and payroll platform, has launched The Pitch, an international competition offering a $15 million prize pool for seed‑stage startups. Up to 100 regional winners will each receive $50,000, while ten global champions can earn $1 million to accelerate...
By Startup Daily (ANZ)
News•Feb 10, 2026
Ladies, Bring an LLM: Most AI Assistants Are Feminine, Which Is Fuelling Sexism
AI voice assistants have surpassed eight billion units in 2024, and the vast majority default to female voices and gendered names. Research shows up to 50 % of interactions involve verbal abuse, with female‑embodied agents attracting significantly more sexual harassment than...
By Startup Daily (ANZ)
News•Feb 8, 2026
Atlassian’s First Investor Leads $8.55 Million Seed in Workflows Documentation Startup Fluency
Australian AI‑driven workflow documentation startup Fluency announced a $6 million seed round, led by Accel, Atlassian’s first external investor. The round, which also includes DST Global Partners and other venture firms, values the company at roughly $30 million. Proceeds will be used...
By Startup Daily (ANZ)
News•Feb 8, 2026
South Australian Startup Splose Raises $46 Million in Another Series A
Adelaide‑based Splose secured a $46 million Series A round, the largest ever for a South Australian SaaS firm, led by US growth equity firm Spectrum Equity with participation from Athletic Ventures. The funding follows rapid user growth to over 20,000 allied health...
By Startup Daily (ANZ)
Deals•Feb 8, 2026
South Australian SaaS Startup Splose Secures $46M Series A Led by Spectrum Equity
Adelaide‑based allied health software platform Splose announced a $46 million Series A round, led by US growth equity firm Spectrum Equity with participation from Athletic Ventures. The funding will accelerate product development, expand the UK market and deepen AI capabilities, marking...
Startup Daily (ANZ)