Peak XV

Six Aussie startups that raised $197.4 million this week

Roundup of six Australian funding deals: AutoGrab, Applied EV, Checkbox, Hometime, Factory and On the House, with amounts, investors, and Hometime's past acquisitions and raise history detailed.

Also Startup Daily

Checkbox raises $35 million Series A to scale AI legal platform

Australian legaltech firm Checkbox has raised a $35 million Series A led by Touring Capital to grow its AI platform for corporate legal teams, with four institutional backers joining.

Also Startup Daily·Forbes Australia·SmartCompany·Startup Daily

BREAKTHROUGH VICTORIA INVESTS $75 MILLION IN VENTURE CAPITAL FUNDS TO BUILD VICTORIA'S INNOVATION ECOSYSTEM

Breakthrough Victoria is putting $75 million into five venture capital funds, including Virescent, SYNthesis BioVentures, Scale and Galileo, each of which has pledged a quarter of its capital to Victorian startups.

Puralink dredges up $2.3m seed round for autonomous pipe robot

Sydney robotics startup Puralink has raised $2.3m in seed capital, with Peak XV leading and several local funds and angels joining, to commercialise its leak-detecting robot for pipes.

Also SmartCompany·Startup Daily·Forbes Australia

Meet the Aussies on the 2025 Forbes 30 Under 30 Asia list

Relevance AI raises $24M to help businesses build AI agents

AI agent platform Relevance AI has closed a Bessemer-led Series B with its earlier backers reinvesting, and is rolling out new agent-building tools while expanding its American go-to-market presence.

Also Forbes Australia·Startup Daily