Glitch Capital

The Victorian Opposition wants to end the state’s $2 billion VC fund

Victoria's opposition pledges to shut down Breakthrough Victoria and sell its investments, calling the state fund a failure. The piece recalls portfolio raises, a rescue deal, an NYSE listing and the LaunchVic merger.

Sam Kroonenburg's Cuttable raises $5.7 million, opens in New York

Melbourne AI advertising startup Cuttable raised $5.7 million at a doubled $100 million valuation, expanding to New York amid growing US demand.

ProcurePro raises US$11M as French construction giant Bouygues moves from customer to backer

Brisbane procurement software startup ProcurePro closes a US$11 million round led by QIC Ventures, with customer Bouygues joining as an investor via ISAI vehicle.

Innovation Victoria | LaunchVic

LaunchVic announces Innovation Victoria, a new body combining its work with Breakthrough Victoria's, with Rod Bristow installed as chief executive and long-time chairs Leigh Jasper and John Brumby departing.

ProcurePro raises $15 million to bring AI to construction procurement

Brisbane construction procurement software maker ProcurePro has raised a round led by QIC Ventures with Bouygues aboard, valuing it above $110 million, to fund AI development, hiring and a planned US office.

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Eight ANZ startups that raised $373.3 million this week

Weekly roundup detailing eight trans-Tasman raises totalling A$373.3 million, headlined by Halter's Series E, spanning quantum computing, biomanufacturing, robotics, adtech and agtech, plus a recalled $2 billion founder exit.

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Sam Kroonenburg's Cuttable raises $5.7 million, opens in New York

Adtech firm Cuttable has banked $5.7 million at a doubled $100 million valuation, adding Airtree, Glitch Capital and an angel to existing backers, and is heading to New York on growing American demand.

Also SmartCompany·Startup Daily

Cheque-in: 10 ANZ startups raised nearly $193 million this week

Weekly roundup of ten Australian and New Zealand startup raises totalling nearly $194 million, topped by Neara's $90 million round at a $1.1 billion valuation, with Splose, Operata, HAMR Energy and Adora also covered.

Call centre monitoring startup Operata dials in $11 million Series A

Operata, which watches over call centre performance, has banked a Series A of $11 million at a valuation topping $100 million, with Tidal Ventures at the helm and funds earmarked for AI-era integrations.

Operata raises $11 million Series A as AI reshapes contact centres

A Melbourne software firm monitoring AI-driven customer service operations has closed a Series A round led by Tidal Ventures, valuing it at $100 million, with proceeds earmarked for platform integrations and international growth.

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Aconex and Firmable founder Leigh Jasper to headline Growth Summit in Melbourne

Leigh Jasper keynotes SmartCompany's February 2026 startup event in Melbourne; the profile recalls his Aconex journey to an Oracle sale, Firmable's seed raise and his venture fund roles.

Leigh Jasper leads a new $50 million fund backed by Australian unicorn founders

Glitch Capital, a new $50m vehicle led by Leigh Jasper and backed by exited unicorn founders, has completed its first deal, backing Melbourne edtech firm Cadmus.

Cadmus secures backing to safeguard university learning in the age of AI

The university assessment platform has raised new backing co-led by SEEK Investments and Glitch Capital, which it will use to enter the American market.