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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

Sierra Raises $350M, Now a $10B AI Enterprise Startup

Sierra has announced a $350 million Greenoaks-led round at a $10 billion valuation. The enterprise AI agent company previously took money from Sequoia, Benchmark and Greenoaks.

Also Crunchbase News·cmswire.com·groundy.com

Why some former Bench customers are not happy

A fintech roundup: Bench's closure and sale to Employer.com, multiple acquisitions, fresh raises at Float Financial, Open Ledger, NomuPay and Buk, Robinhood's regulator settlement, and Groww's listing plans.

AI, Web3 And E-Commerce Led For New Unicorns In April 2024

Eleven companies reached billion-dollar valuations in April 2024, led by Xaira Therapeutics' $1 billion Series A; Rubrik and Ibotta listed on the NYSE, and several existing unicorns raised at higher valuations.

Also Crunchbase News

Australian clean tech Endua fixes renewable energy's intermittency problem

Australian hydrogen startup Endua raised AU$11.8 million from QIC, Melt Ventures, 77 Partners, Main Sequence and Ampol to scale modular hydrogen power banks that store surplus renewable electricity for later use.

Also SmartCompany·SmartCompany·@AuManufacturing