Founder, Nullify
Stories naming Tim Thacker. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian-founded AI vulnerability platform Nullify, now San Francisco-based, has closed a second seed round led by SYN Ventures with returning backer Black Nova; SYN's Glenn Chisholm joins its board.
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OIF Ventures' 2024 review: two portfolio companies acquired, a talent-leadership hire, its fourth fund deploying, new investments in eight named startups and nine follow-on rounds.
Roundup of seven Australian startups whose raises total $11.8 million, spanning cybersecurity, proptech, seaweed, drinks, antiques, campervan housing and outdoor advertising, plus a government grant to Fremantle Seaweed and the shutdown of Voly.
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Nullify has landed a $5.2m seed round for its AI-powered code vulnerability scanner, backed by Two Sigma and Root Ventures, with a Bugcrowd director also investing. The founders formerly taught cybersecurity at UNSW.
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Weekly roundup of five Australian startups announcing raises: Stacked Farm, Sherlok, Readiitel's Readii, Nullify and Baresop, together bringing in $46.9 million from local investors.
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Nullify, which uses AI to detect code vulnerabilities, has secured $1.1 million in pre-seed funding from OIF Ventures, Blacknova Ventures, Cyrise and two former XM Cyber founders now at Skylight Cyber.