We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Cheque-in: 5 Australian startups banked $340.2 million this week
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Startups > Cheque-in: 5 Australian startups banked $340.2 million this week
Startups

Cheque-in: 5 Australian startups banked $340.2 million this week

By Editorial Board Published September 19, 2025 8 Min Read
Share
Cheque-in: 5 Australian startups banked 0.2 million this week

Synthetic intelligence and automation had been the secret when it got here to startup funding offers this week, with 4 out of the 5 startups with new funding embracing AI in some kind.

Hold studying to search out out extra concerning the 5 native startups that collectively raised greater than $340 million, together with Firmus, which scored one of many largest raises of 2025.

Firmus Applied sciences: $330 million
L-R: Firmus co-founder Tim Rosenfield, Tasmanian premier Jeremy Rockcliff and Firmus co-founder Oliver Curtis. Supply: Firmus

Main this week’s funding round-up is synthetic intelligence infrastructure firm Firmus Applied sciences, thanks to an enormous $330 million funding spherical backed by US chip big Nvidia.

As reported by SmartCompany, native investor Ellerston Capital additionally invested within the Singapore-based firm, which was based in 2019 by Australian entrepreneurs Oliver Curtis, Tim Rosenfield and Jonathan Levee and beforehand headquartered in Tasmania.

The funding provides Firmus a valuation of $1.9 billion, and sees it be part of the choose group of personal Australian corporations which might be valued above $1 billion.

Firmus plans to make use of the funding to construct one among its self-described ‘AI factories’ in Launceston, Tasmania. The big-scale information centre campus will home the corporate’s software program and cooling expertise, which is used to coach and function AI techniques.

The involvement of Nvidia, which has a market valuation of US$4.3 trillion and is essentially the most precious firm on the planet, is being seen as a coup for Firmus, which is planning to listing publicly in 2026.

Firmus was additionally backed on this spherical by current traders Phil King’s Regal Funds Administration, Archibald Capital and Tectonic Funding Administration, whereas Alex Waislitz and the Pratt household are additionally shareholders.

Firmus’ Tasmanian facility, named Undertaking Southgate, will kind a part of the state’s AI Manufacturing unit Zone, which was unveiled by the state authorities in June.

“AI Factories are purpose-built to power, train and inference artificial intelligences,” stated co-founder Curtis in June.

“With Tasmania’s clean energy and our AI Factory platform, we believe this will be the most cost-effective, sustainable AI facility in the world.”

Learn extra.

H3D: $5.8 million
h3d startup funding raiseH3D cofounder and CTO Dr Philip Kinsella. Supply: Equipped

H3D, an AI-powered 3D printing startup creating {custom} healthcare merchandise, has raised $5.8 million in a Collection A.

H3D emerged from Swinburne College in 2018, its preliminary investor alongside Starfish Ventures.

Co-founder and CTO Dr Philip Kinsella developed the absolutely automated design expertise at Swinburne. It’s made the startup a world chief within the listening to sector, producing listening to aids, noise safety, and custom-fit earphones.

The Collection A was led by Important Ventures, the VC arm of Canberra’s Hindmarsh household, with assist from Swinburne and new investor Co:Act Capital.

H3D now has workplaces in Australia, Denmark and Eire, and pioneered automated CAD (computer-aided design) expertise that permits listening to labs to course of lots of of advanced, custom-fit jobs in minutes.

The brand new funding will speed up the introduction of the tech into dental labs globally and construct on the startup’s business traction in listening to. A brand new, smartphone-based 3D scanning answer for custom-fit ear merchandise has additionally been developed for roll-out.

Learn extra.

Puralink: $2.3 million
puralink startup raise fundingL-R: Puralink co-founders CEO Harrison Crowe-Maxwell, CTO Lengthy Tran, and Shyeon Delnawaz. Supply: LinkedIn/ Startmate

Sydney-based startup Puralink has secured $2.3 million in pre-seed funding for its robotic ‘ferrets’ that may journey by means of pipes and detect leaks on their very own.

Based by Harrison Crowe-Maxwell, Shyeon Delnawaz and Lengthy Tran, Puralink is on a mission to rework the way in which companies and different operators conduct pipe inspections.

The pre-seed spherical was led by Peak XV Companions, with participation from Aspect Stage Ventures, Startmate, NZVC and Robyn and Victoria Denholm’s Wollemi Capital Group.

Excessive-profile angel traders have additionally backed the startup, together with Deputy co-founder Ashik Ahmed, 4 Pillars Gin co-founder Matt Jones, and former NBA participant Matthew Dellavedova.

Puralink beforehand raised $150,000 from two angel traders in 2025 and took part in each Cicada’s Quick Begin program and the Startmate Accelerator.

The startup is at the moment taking pre-orders for its robotic ‘ferrets’, which have been designed to journey by means of, and examine, advanced pipe networks utilized in industries equivalent to wastewater, storm water, vitality and mining.

Learn extra.

Escape This: $1.4 million
startup fundingEscape This. Supply: Equipped.

Escape room operator Escape This has secured $1.4 million from 357 traders by way of an fairness crowdfunding marketing campaign.

The Perth-based enterprise used OnMarket for the marketing campaign, which attracted a mean dedication of greater than $4,000 per investor. This compares to the standard OnMarket common of $1,800.

Escape This operates 4 venues in Perth and Sydney, which have been visited by greater than 370,000 company up to now.

The five-year-old enterprise recorded $6 million in income within the 2025 monetary yr, and round $1 million in web revenue.

In an announcement Escape This stated it plans to make use of its new funding to develop into Melbourne and Brisbane.

Co-founder Bernie Janes stated the extent of curiosity from traders exceeded the group’s expectations.

“It is undoubtedly a tough crowdfunding market right now, but investors have recognised our strong business model and the healthy returns we are achieving, and they have voted with their wallets,” he stated.

Isaacus: $700,000
umar butler and abdur rahman standing wide portraitIsaacus co-founders Umar Butler and Abdur-Rahman Butler. Supply: Isaacus

Australia’s first foundational authorized AI startup Isaacus, which is constructing sovereign authorized AI fashions and instruments for authorized tech corporations, has raised $700,000 in pre-seed funding.

The spherical was co-led by Aura Ventures and Galileo Ventures, and the funding shall be used to convey Isaacus to market with vital buyer traction already underway.

Isaacus has developed an enormous, proprietary Blackstone Corpus (named after 18th-century English jurist), which covers legal guidelines, rules, instances, and different authorized information from the US, UK, Canada, Australia, New Zealand, Eire, the EU, and the United Nations.

Founder Umar Butler is an information scientist and authorized technologist who was beforehand the assistant director of knowledge science on the federal Lawyer-Normal’s Division. He arrange the division’s information science operate and oversaw all national-level AI tasks.

The founding group additionally contains advisor Anthony Butler and engineer Abdur-Rahman Butler.

Butler stated Isaacus is working to resolve each AI and information ache level of the authorized tech trade, from retrieval capabilities past these of general-purpose fashions to offering entry to monumental untapped, extremely proprietary authorized information.

“Our mission is to support the next generation of legal service providers in democratising access to legal services through the delivery of best-in-class, sovereign, affordable foundational legal AI models,” he stated.

Learn extra right here.

TAGGED:AustralianbankedChequeinMillionStartupsWeek
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Preventing For Peace | Economics

Preventing For Peace | Economics

Economics
October 12, 2025
King Miller’s breakout efficiency powers USC to assertion win over No. 15 Michigan

King Miller’s breakout efficiency powers USC to assertion win over No. 15 Michigan

The walk-on took his place subsequent to USC’s quarterback, the final man standing in a…

October 12, 2025
Can Shohei Ohtani discover it on the plate for NLCS? ‘At-bat high quality must get higher’

Can Shohei Ohtani discover it on the plate for NLCS? ‘At-bat high quality must get higher’

When Shohei Ohtani was requested about his woeful efficiency on the plate within the Dodgers’…

October 12, 2025
Meals supply drones may quickly be roaming British skies

Meals supply drones may quickly be roaming British skies

An Irish start-up is hoping to have the UK's first meals drone supply pilot scheme…

October 12, 2025
Will Luka Doncic lastly play in a preseason recreation Sunday? To be decided

Will Luka Doncic lastly play in a preseason recreation Sunday? To be decided

Sooner or later throughout the Lakers’ preseason, Luka Doncic will play in a recreation.The query…

October 12, 2025

YOU MAY ALSO LIKE

Cheque-in: 6 ANZ startups banked a whopping $211 million in funding this week

Two Australian startups moved nearer to unicorn standing this week, after revealing new funding rounds that gave their valuations a…

Startups
October 10, 2025

Why speaking to a rubber duck may also help you clear up your issues, in line with software program engineers

You’re neck-deep in IKEA meeting directions. Furnishings elements lie strewn throughout the ground. Your new buy sits half-complete in entrance…

Startups
October 10, 2025

Startup Each day Finest in Tech Awards 2025: Paz Pisarski named Future Chief of The Yr

The Group Collective cofounder and CEO Paz Pisarski admits all of it occurred by chance, nevertheless it’s the most effective…

Startups
October 9, 2025

Employment Hero, Tiimely, Orthocell and Pay.com.au founders vie for prime tech award

Native tech titans are being given a platform for his or her achievements on the upcoming EY Entrepreneur Of The…

Startups
October 9, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?