🇦🇺 This Week in Australian Startups #102, 26th January 2025
Top News
Lung scanner tech company 4DMedical strikes commercial breakthrough with Qscan (BNA)
Work skills edtech HEX acquires Sydney tech training startup EntryLevel (Startup Daily | Chris Hoffmann)
Revolut closing in on Australian banking licence (Capital Brief)
Square Peg's portfolio value jumped 20% in 2024 (Capital Brief)
Vaxxas has secured approval to advance a $US4.8m ($7.2m) program developing needle-free vaccines that can be stored at room temperature (Capital Brief)
Why LaunchVic is accelerating accelerators in 2025 (SmartCompany)
Semiconductor developer Archer Materials has secured a United States patent for its graphene biochip technology (InnovationAus)
After paying $230 million for Catch, Wesfarmers is shutting it down (Startup Daily)
Atlassian and government back tech policy think tank after ANU cans it (Startup Daily)
Big VCs are getting bigger as fundraising pulls out of year-long slump (AFR)
ASX-listed Iress enters into a binding agreement to sell Superannuation business to Apex Group (Australian FinTech)
Newcastle uni innovation facility secures $21m grant to build a new innovation facility (InnovationAus)
Travel fintech Mint Payments gears up for $20m secondary round (AFR)
EatClub, an Australian customer engagement platform that gives restaurants the control to manage demand is expanding to the UK (Pan Koutlakis)
Funding Rounds
Medow Health AI, an AI 'co-pilot' for medical practice management software, has raised $2m (Capital Brief | BNA | AFR)
EarnOS, a decentralised consumer discovery and engagement platform that redefines advertising through verifiable, privacy-preserving targeting, has raised $7.9m (US$5m) from EV3, Animoca Brands, GD1, Laser Digital (Nomura) and Mentat Group (Mirror)