🇦🇺 This Week in Australian Startups #121, 29th June 2025
$23m raised across 18 rounds, Canva’s plotting another $773m, Eucalyptus relaunches Compound in the UK, and Xero buys integrated payments platform Melio for A$3.8B.
Top News
IFM Investors has agreed to acquire 24-7 Healthcare, for just north of $100 million, proving an 8-10x return for Myhealth Medical founder James Liang (AFR)
Australian neobank Constantinople partners with 10x to accelerate global push (Capital Brief)
Business Council appoints AirTrunk CEO Robin Khuda and Telstra CEO Vicki Brady to the board (Innova…




