4+ hour, 23+ min ago   (223+ words) The news: New Zealand-based legal AI business Ivo has raised USD55 million ($81.7 million) in a Series B funding round led by venture capital fund Blackbird. The context: Other funding round participants included American venture capital firms Costanoa Ventures, Uncork Capital and…...

1+ week, 1+ day ago   (164+ words) 'Only get a couple of shots': VCs back Eucalyptus strategy as it nears $1b milestone'Capital Brief Venture capital investors in heavily hyped healthcare play Eucalyptus have endorsed its move to retreat from an expansion into men's longevity and instead focus on…...

2+ week, 10+ hour ago   (136+ words) Max Marchione greets me with a hug in the lobby of an elegant Art Deco building in downtown San Francisco. "Hugs only" over handshakes is company policy. "Hugging has proven health benefits," Marchione informs me. Marchione, an Australian entrepreneur in…...

1+ mon, 1+ week ago   (215+ words) The news: Fintech Airwallex announced plans to inject USD590 million ($886.33 million) into its UK business across the next five years to drive local and regional growth. The context: The Australian-founded, Singapore-based business banking firm said in a press release Thursday that…...

2+ mon, 1+ week ago   (175+ words) The founder of collapsed medtech StrongRoom AI has appeared in court as liquidators examine the startup's demise and raise questions about an acquisition it made before things went south. Former StrongRoom AI co-founder Max Mito told the Supreme Court of…...

2+ mon, 4+ week ago   (135+ words) Eligible users of Heidi's AI-powered "medical scribe" will be able to buy into the company's blockbuster USD65 million Series B, which closed earlier this month. Medical AI startup Heidi is allocating a slice of its recent USD65 million ($100 million) Series B round…...

3+ mon, 2+ week ago   (175+ words) The news: Melbourne startup Heidi has secured USD65 million ($98 million) in funding, making it the fastest-growing company in Blackbird Ventures' portfolio, surpassing even Canva's early growth rate." The context:"The company, which uses AI to transcribe medical consultations and automate clinical…...

5+ mon, 1+ week ago   (154+ words) Tech giants poaching AI talent from each other and AI-native companies are also fighting with fund managers as they are increasingly looking for AI-skilled workers for their investment teams. Global fund manager Acadian Asset Management, which has US$151.1 billion ($232 billion)…...

5+ mon, 3+ week ago   (190+ words) Gilmour Space Technologies" debut rocket may have crashed 14 seconds after launch. But getting off the ground at all marks a historic breakthrough for Australia"s sovereign space ambitions. "Well, this morning was a highlight of my career! To see the…...

5+ mon, 3+ week ago   (225+ words) The news: Mining technology group IMDEX has acquired a controlling stake in AI-based geoscience platform Earth Science Analytics (ESA) for $26 million, and told investors it aims to buy the company's remaining shareholding within the next four years. The numbers: IMDEX…...