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🇦🇺 This Week in Australian Startups #179, 26th September 2026

Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.

Also Dynamic Business·DealStreetAsia·This Week in Australian Startups·Dealroom·ABC News Technology

Convergence Medical gains FDA 'breakthrough' listing

Brisbane surgical-robotics startup Convergence Medical wins a US regulator's fast-track designation for its arthroscopic robot; the piece recalls two recent raises totalling $3 million and a new chief medical officer hire.

Insurer nib takes third bite of online scripts startup Midnight Health, pledging $24 million for 77% stake

Insurer nib has injected a further $15 million into Brisbane online prescriptions platform Midnight Health's Series B, lifting its holding to 77%, having backed the company since 2021; rival Eucalyptus recently banked $50 million.

Also Forbes Australia·Techboard

Insurer nib backs Queensland startup Midnight Health in $12 million Series A

Brisbane digital healthcare company Midnight Health has raised a Series A from insurer nib, valuing it at $48 million, following an earlier investment, with funds going to technology, staff and new product launches.

Also Startup Daily·SmartCompany