Flare

Six ANZ startups that raised $568.1 million this week

Funding roundup led by Airwallex's US$330 million Series G at a $12 billion valuation, with raises from Kasada, Hnry, All G, Bless Payments and Emanda, plus earlier rounds recalled.

Also Startup Daily

Breast milk substitution biotech raises $10 million amid French deal for global push

Sydney biotech All G raised $10 million via convertible note from Agronomics, Doehler's venture arm and ID Capital, alongside a joint venture with France's Armor Protéines to push its fermented lactoferrin products globally.

Also SmartCompany·Startup Daily

Australia’s Top 5 Most Well-Funded Fintech Startups in 2025

Ranking of Australia’s five best-funded fintechs — Airwallex, Athena, Zeller, InDebted and Brighte — profiling each one’s total raised, most recent raise, backers, valuation and growth moves.

Burgers and acquisitions: All G Foods spins out plant-based meats in merger with Fenn Foods

All G Foods spins its Love Buds plant-based range into a merger with Fenn Foods' vEEF, forming a new entity; All G pivots to fermented dairy, with both companies' earlier raises recapped.

Ignition Lane's Great Big Wrap: VCs court cash, an M&A bash & Canva makes a splash

Ignition Lane's weekly tech roundup covering fresh Australian startup raises, new venture funds and closes, a wave of acquisitions, delistings and a liquidation, executive moves, and Canva's product launch.

Also Techboard·Startup Daily

MYOB acquires the rest of HR fintech Flare

MYOB has taken full ownership of Sydney HR and payroll fintech Flare, converting its existing stake into a takeover, giving exits to venture backers who had invested over $50 million across several prior rounds.

MYOB acquires Flare as it expands its platform far beyond accounting

MYOB has bought workplace financial services platform Flare for an undisclosed sum, building on a 2020 partnership and investment, as it moves beyond accounting to serve small businesses.

Also Startup Daily·Startup Daily·Fintech News Australia

Fake meat startup All G scores bigger Woolies backing

Woolworths' corporate venture arm W23 has added an undisclosed multi-million-dollar investment to its backing of Sydney alt-protein maker All G Foods, which had earlier raised a $16 million seed round in late 2021.

Also AgFunderNews·@AuManufacturing·SmartCompany·Startup Daily·Startup Daily·AgFunderNews