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Cover Genius hits US$1.9B valuation. Aussie Angels rebrands. DroneDeploy signs exit papers for US$845M. Startmate unveils its 17-company Winter '26 cohort. Plus, the hydrogel condom combatting Gen Z STI's with Olympic dreams.
$1.7B in Q2 and VC investment looks like a barbell, Blackmagic's co-founder feud, a hangover pill raises $2M, PsiQuantum's $125M DARPA win, and a Geelong startup lands on the Tour de France podium
OS Weekly
Australia's biggest-ever private biotech raise. What is the new Office of AI? The startup sector torches the CGT olive branch, Australia's first chip plant breaks ground, and Melanie Perkins brings product development to democracy.
Ecosystem News
Novartis drops $2bn on an Aussie-backed biotech, Firmus banks a US$720m Nvidia cheque, Southern Cross AI to float, Diraq cracks quantum scaling, and Goterra collapses. Plus, 5 captial raises.
Shark skin on planes for fuel savings, Australia's spaceport gets serious funding, meet the startup that's technology reads your thoughts, plus Medical Angels graduates into a $40M doctor-led Venture Fund.
Aussie founder sells AI company for $5.6B, Airwallex hits $16B, Immutable ditches Web3 for AI and Blackbird writes it's biggest cheque ever into a single round.