IT Brief Australia - Technology news for CIOs & IT decision-makers
Australia

Australian Stories

Capital raising stories

Beaten Zone hits AUD $17 million defence fundraise
Cybersecurity

Beaten Zone hits AUD $17 million defence fundraise

Beaten Zone secures AUD $17 million as Steve Baxter-backed fund benefits from rising investor interest in Australian defence technology.

By Sean Mitchell • 4 min read • Last month

Global Stories

Capital raising stories

Legora raises USD $50 million more in Series D extension
Digital Transformation

Legora raises USD $50 million more in Series D extension

Legora adds USD $50 million from Atlassian and NVentures as Series D backing swells to USD $600 million and valuation reaches USD $5.6 billion.

By Karen Joy Bacudo • 3 min read • Last week
Liquid Instruments raises USD $50m in Series C round
EduTech

Liquid Instruments raises USD $50m in Series C round

Liquid Instruments wins USD $50 million backing from Keysight Technologies and Australia's NRFC as software-defined test gear gains ground.

By Kaleah Salmon • 4 min read • Last week
Tether backs USD $134 million Stablecoin Development
Crypto

Tether backs USD $134 million Stablecoin Development

Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.

By Karen Joy Bacudo • 4 min read • Last month
Convelio secures Series C to expand New York storage
Digital Transformation

Convelio secures Series C to expand New York storage

Convelio wins Series C backing and a Phillips mandate as the fine art logistics group prepares a New York warehouse and AI-driven growth.

By Catherine Knowles • 5 min read • Last month
Caruso wins $9.3M funding, scales AI fund services
Customer Relationship Management

Caruso wins $9.3M funding, scales AI fund services

Caruso lands AUD $9.3 million from Icehouse Ventures and GD1 as Centuria joins 80-plus clients using its AI-native fund administration platform.

By Karen Joy Bacudo • 3 min read • Last month
Wise plans Nasdaq move as balances hit GBP £29.4bn
Fintech

Wise plans Nasdaq move as balances hit GBP £29.4bn

Wise posts higher transfer volumes and customer balances as it targets a Nasdaq primary listing in May 2026 while keeping London.

By Karen Joy Bacudo • 4 min read • Last month
Triple Bubble reaches first close after USD $10 million
Fintech

Triple Bubble reaches first close after USD $10 million

Triple Bubble lands early support from x15ventures and Brad Feld as the Melbourne fintech fund targets a USD $50 million close.

By Karen Joy Bacudo • 4 min read • Last month
OpenAI raises USD $122 billion in record AI funding
Software-as-a-Service

OpenAI raises USD $122 billion in record AI funding

OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.

By Mark Tarre • 4 min read • Last month

Stories from Other Regions

Capital raising stories

FNZ deepens FirstCape partnership with platform shift
Digital Transformation

FNZ deepens FirstCape partnership with platform shift

FNZ and FirstCape expand New Zealand tie-up as the wealth group becomes an early user of FNZ Select for platform migration.

By Sean Mitchell • 3 min read • Yesterday
Cavell Leitch taps Rodney Craig for Wellington office
Public Sector

Cavell Leitch taps Rodney Craig for Wellington office

Cavell Leitch names Rodney Craig to spearhead a Wellington expansion, betting on a senior corporate lawyer to anchor its national growth push.

By Mark Tarre • 3 min read • 3 days ago
Women in Collaboration hosts London finance leaders
Digital Transformation

Women in Collaboration hosts London finance leaders

Women in Collaboration gathers senior female finance leaders in London to tackle funding pressure, AI adoption and finance transformation.

By Sofiah Nichole Salivio • 4 min read • Last week
British Business Bank boosts Northern Gritstone to GBP £40m
Semiconductors

British Business Bank boosts Northern Gritstone to GBP £40m

British Business Bank increases backing for Northern Gritstone as new investors join GBP £20 million fundraising round for university spinouts.

By Karen Joy Bacudo • 3 min read • Last month
Salmon secures USD $100 million for Philippines expansion
Fintech

Salmon secures USD $100 million for Philippines expansion

Salmon backs Philippine consumer finance push with USD $60 million equity round and USD $40 million bond issue as it scales lending.

By Karen Joy Bacudo • 3 min read • Last month
Feijoa graduates fintech lab with KiwiSaver round-up app
Fintech

Feijoa graduates fintech lab with KiwiSaver round-up app

Feijoa aims to expand its KiwiSaver round-up app after graduating Creative HQ's Fintech Lab, with users adding AUD $2 million a year to retirement savings.

By Karen Joy Bacudo • 3 min read • Last month
Oxford Science Enterprises names Antonia Jenkinson CFO
IT Industry

Oxford Science Enterprises names Antonia Jenkinson CFO

Oxford Science Enterprises names Antonia Jenkinson as Chief Financial Officer as it prepares for more regular portfolio realisations after a run of exits.

By Sofiah Nichole Salivio • 3 min read • Last month
Qognetix named UK StartUp Awards finalist in Birmingham
Risk & Compliance

Qognetix named UK StartUp Awards finalist in Birmingham

Birmingham deep-tech startup Qognetix makes UK StartUp Awards 2026 regional final while seeking GBP £725,000 to scale AI control platform.

By Kaleah Salmon • 3 min read • Last month