RelevanceAI

Skalata named Australia's most active investor for H1 2024

Australian startup capital climbed 30% in early 2024 even as deal counts fell; Skalata Ventures topped investor activity with 13 participations, ahead of Blackbird and Investible.

Also TechCrunch Australia·Forbes Australia·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Australian FinTech·Forbes Australia·Forbes Australia

Two Sydney teenagers are building AI startups before they finish school

Report on OpenAI's Sydney Founder Day profiling two school-student founders: one whose gaming-advertising venture has raised pre-seed funding, and one building a platform helping small businesses coordinate their tools.

State of AI 2026 Report

Galileo Ventures promotes its report from a May 2026 AI event it hosted with OpenAI, three portfolio companies and several investors, highlighting local venture data and an early-stage investment thesis.

The New Industrial Revolution Emerges: Year in Review and What's Next in 2026

Galileo Ventures' annual letter looks back on 2025: a partner hire, raises at Relevance AI, Andromeda and Tixel, a 25th investment in Isaacus, and Breakthrough Victoria as cornerstone backer of Fund II.

Also SmartCompany·Women's Agenda·Startup Daily·Startup Daily

Breakthrough Victoria is slinging another $75 million at local VC funds

Victoria's Breakthrough Victoria has committed $75m to five specialist VC funds covering climate tech, life sciences, female founders and healthcare, each pledging a quarter of its capital to local startups.

2 Aussie startups make the cut for the latest AWS Generative AI accelerator

AWS picked 40 startups for its 2025 Generative AI Accelerator, including Australians Pluralis Research and Mary Technology; the piece recalls past raises by alumni Relevance AI, Leonardo.ai and Marqo, and Leonardo.ai's sale to Canva.

Australia's AI Moment: Build, Lead, or Fall Behind

Galileo Ventures argues Australia risks missing the AI revolution, proposes a five-pillar national investment strategy, and announces Fund II to back AI founders, citing its Fund I portfolio and Airtrunk's sale as evidence.

Relevance AI Raises A$37m to Build the AI Workforce of The Future

Galileo Ventures reflects on backing Relevance AI from its VectorAI origins, recalling its seed and Series A rounds and celebrating the company's newly announced Series B.

Also Archangel Ventures portfolio·Galileo Ventures portfolio·Startup Daily·SmartCompany·Techboard·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily