🇦🇺 This Week in Australian Startups #127, 31st August 2025

$186.6m raised across 21 rounds in the last 3 weeks, OpenAI to open first Australian office, Write-downs hurt decade-old Blackbird fund ahead of returns deadline, Cuscal to acquire Indue for $75m,

A longer edition than usual with the last two weeks not getting out in time. Transparently still juggling work, family and this newsletter - 2025 has been an interesting one, but definitely more to come and things are in the works behind the scenes.