🇦🇺 This Week in Australian Startups #163, 31st May 2026

$26.6m raised across 5 rounds, Airwallex has launched Airwallex Billing, HEO is nearing a ~$30m Series B round, Tanda is seeking a PE investor at a $500m valuation

News

M&A, IPOs & Exits

• Firmus’ planned ASX float appears to be slipping beyond earlier June and September timelines as investors await formal IPO dates for the AI factory company (Capital Brief)

Capital Markets

• DroneShield shareholders have delivered a first strike a…