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CGT carveouts announced but still work to do. Canva is hiring for an IPO; AMSL Aero is up for sale after raising more than $50 million; and Nvidia wants 2 GW of AI factories in Australia.
OS Weekly
Expert360 and Grow Inc both sell, but the earliest investors are getting zero. Airtree's Canva fund is extended. Plus, fintech funding doubled to $1.73b, with Airwallex taking more than half.
Blackbird's $1.05b sixth fund goes official. Constantinople bank in a box platform lands $62.5M. Plus, founders call the government's Buy Australian AI scheme "performance theatre".
Blackbird closes another billion-dollar fund. Meet the founder solving cancer in dogs with AI-powered research. Airtree declares AI or out across its portfolio. And Sydney Harbour Ferries might be getting a glow-up.
John Collison and Cliff Obrecht on rebuilt unit economics, in-sourcing models, growth loops and how they use AI.
Expert Advice
+1
Stripe's free one-day Sydney conference is this Wednesday; here are the cherry-picked sessions to attend if you're a founder.
Ecosystem News