M12

Labor bets big on quantum with $1 billion deal for PsiQuantum and multimillion-dollar Sydney Uni hub

The Australian federal and Queensland governments are investing $940m in PsiQuantum, which will open a Brisbane regional headquarters; $18.4m will fund a national quantum centre at the University of Sydney.

Also Dealroom·Forbes Australia·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Forbes Australia

Insite AI Raises $19 Million in Series A Funding; Plans to Improve Customer Onboarding and Expand Workforce

Consumer goods analytics platform Insite AI has banked more than $19 million in Series A backing from NewRoad Capital and Microsoft's M12, earmarked for customer onboarding and hiring.

Go1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform

Also TechCrunch Australia·Crunchbase News·Tech Funding News - Australia·Startup Daily·edtechchronicle.com·TechCrunch Australia·go1.com·Crunchbase News

Agriculture carbon reduction startup Regrow Ag plants $50 million Series B

Agtech carbon platform Regrow Ag, founded by Dr Anastasia Volkova, has closed a Series B led by Galvanize Climate Solutions with prior backers returning, to expand regenerative agriculture programs for food companies.

Also Forbes Australia·Startup Daily

Investment Notes: LottieFiles $37m Series B

Square Peg led a thirty-seven million dollar Series B in animation platform LottieFiles, with XYZ Venture Capital, GreatPoint Ventures, Automattic and returning backers 500 Startups, M12 and Adobe also taking part.

Also Crunchbase News

Go1 becomes latest Aussie unicorn, cracking $1 billion valuation

Republished AFR report recalls Go1's earlier backing and Series C investors, including OIF, while its reported Series D at a billion-dollar valuation remains in progress and a listing is flagged.

Also SmartCompany·SmartCompany

GO1.com raises over $30 million in Series B round led by M12 & SEEK

GO1 raised a Series B round above $30m, led by Microsoft's venture fund M12, with SEEK, Y Combinator and newcomer Larsen Ventures investing; M12 takes a board seat.