Haris's Newsletter

Haris's Newsletter

๐Ÿ‡ฆ๐Ÿ‡บ This Week in Australian Startups #174, 16th August 2026

$61.2m raised across 10 rounds, Firmus Technologies acquires Benmax for $300m, Tabcorp acquired Betmakers for $283m in cash, me&u expands beyond QR code ordering, SafetyCulture rebrands to Mitti

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Haris Qureshi
Aug 15, 2026
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A lot of funding rounds this week but also plenty of headlines that caught my eye. Canva was not able to defend their US$42b valuation in the end, with both Blackbird and Airtree marking down their investments ~17% to a US$34.9b valuation reportedly putting an IPO on ice for now.

The South Australian government meanwhile had their cake and ate it too - โ€ฆ

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