They said it couldn’t be done.

Skalata Ventures unveils a rebrand to Tall Order and pitches its first-cheque AI investing focus, saying Fund III is being raised; no committed amount or portfolio news appears.

Paypa Plane welcomes Mastercard, QIC and Spirit Ventures to the Shareholder list

Payment firm Paypa Plane says Mastercard, Cuscal, Sprint Ventures and Queensland's Business Investment Fund joined its $10 million Series A, with QIC managing the investment and Commonwealth Bank and Tyro already backing it.

Also Business News Australia·Startup Daily·Australian FinTech·SmartCompany·Startup Daily·Women's Agenda

MyGig Press & Media - News, Facts, Boilerplate

MyGig's press page records its A$1 million pre-seed funding round with Artesian, Hostplus, Co Ventures and Aussie Angels, alongside company facts, its founder, and media contacts.

Open Source VC

Airtree's resource hub listing founder guides; its index announces Fund V, a $650 million vehicle with a $250 million seed fund and a $400 million growth fund.

Driverless cars

AFR's driverless-car topic hub: NRF puts $30m into Melbourne maker Applied EV, alongside Waymo's Sydney robotaxi plans, Uber's robotaxi spend, union demands and a progressing Mycar sale.

CGT changes deepen the 'valley of death' for start ups

Opinion piece by Prime100's co-founder arguing planned CGT changes penalise local angel investors and could deter the private growth capital that scaled her pet food business.

V2 AI expands into WA as enterprise AI demand accelerates

AI consultancy V2 AI opens in Western Australia with three senior hires - Richard Allen, Derek Bingham and Holly Dean - while its chief executive flags AI governance as the key challenge for enterprise deployments.

Relevance AI Raises A$37m to Build the AI Workforce of The Future

Galileo Ventures reflects on backing Relevance AI from its VectorAI origins, recalling its seed and Series A rounds and celebrating the company's newly announced Series B.

Also Archangel Ventures portfolio·Galileo Ventures portfolio·Startup Daily·SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily

Early Stage Fund 3

Investible's pitch page for its third early-stage fund courts prospective investors and outlines plans to back dozens of tech companies across stages.

Healthcare & Fitness

AFR healthcare and fitness section roundup: Early Bird raised $2 million led by Hyper Ventures; Resmed sold MatrixCare; Radiopharm seeks $16 million; plus Mayne Pharma, Healthscope, Sigma and policy stories.

Also SmartCompany

Media & Marketing

AFR's Media & Marketing section roundup: Joe Aston's Rampart has raised $2.3m from five backers and TEG has locked in roughly $100m of fresh bank debt, alongside media policy, court and personality stories.

Also Startup Daily·AFR Technology·Dealroom·SmartCompany·Mumbrella·This Week in Australian Startups·The Age Business·SMH Business·Mumbrella

Canva splashes $30m on Melbourne advertising start-up

Design software company Canva has acquired Melbourne adtech firm Doohly for $30 million, a deal that hands windfalls to the startup's founders and shareholders Skalata Ventures and Archangel Ventures.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Australia·Forbes Australia·quadrantpe.com.au·TechCrunch Australia·Tech Funding News - Australia·Forbes Australia·Forbes Australia·Forbes Australia·Forbes Australia·TechCrunch Australia·This Week in Australian Startups·techtimes.com

Going from strength to strength with SBN

Skalata's profile of portfolio company Strength by Numbers, whose AxIT hardware measures strength for health professionals, covering the four founders' backgrounds and the two investments Skalata made in 2021 and 2022.

Open Source VC

AirTree's blog index page listing guides and essays on AI, culture, and company building, including the firm's announcement of a 650 million dollar fifth fund split between seed and growth vehicles.

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