Funding announcement
Seven ANZ startups that raised $111.5 million this week
Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.
CTO · Founder, Heidi Health · angel in 1 deal
Yu Liu
Roles
Disclosed deals
Every published round Yu Liu took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Bower | Pre-seed | 12 Aug 2026 | $2m | Participant | Startup Daily, Ten13, Ten13 portfolio |
Portfolio
Companies Yu Liu has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Bower | The AI research partner for scientists | 12 Aug 2026, Pre-seed | 1 | 0 |
Funds
Fund closes reported for Yu Liu, as distinct from the investments it has made.
Portfolio companies acquired
Companies Yu Liu has backed that another company then bought. An exit for the holding, not a deal Yu Liu did.
Coverage
Stories naming Yu Liu. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Funding announcement
Bower raises $2M to bring ambient intelligence to the research lab
Bower, an Australian startup, has closed a $2 million pre-seed round led by TEN13 with Admiralty Capital Group, Edale Capital and angel backers, funding ambient AI that captures laboratory work as structured research records.
News
How Heidi built production-ready AI for healthcare at global scale
A sponsored technical profile of Heidi, an Australian-founded medical AI scribe, describing its MongoDB-based data architecture, regionally isolated deployments, and clinician-facing products serving health systems worldwide.
4 deals
Heidi Health's $98 million raise skyrockets its valuation to $704 million
Melbourne AI medical-notes startup Heidi Health has banked a $98 million Series B led by Point72 at a $704 million valuation, adding two senior clinical and commercial hires to its leadership.
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Series B
Investment Notes: Heidi Series B
Blackbird's investment notes announce its backing of Heidi's Series B alongside Point72 Private Investments, describing the AI medical scribe's rapid growth, enterprise traction, and international expansion.
9 deals
Six Aussie startups that raised $56.7 million this week
Weekly roundup detailing six Australian startup raises announced this week, covering Heidi Health, Instant, Esper, Trusst AI, Flowing Bee and GonGlobal, with investors, founders, valuations and earlier rounds.
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3 deals
GP administration startup Heidi Health tops up Series A with another $27 million
Heidi Health, whose AI tool drafts doctors' clinical notes, has added $26.8 million to its Series A in a round led by Headline, with Local Globe and Anthology also taking part.
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14 deals
Ten Aussie startups that raised $39 million this week
Roundup of ten Australian startup raises totalling $38.8 million, topped by Heidi Health's Series A, also recording an Outstaffer executive appointment and the earlier sale of CarAdvice to Nine.
2 deals
Medtech Heidi Health raises $10 million Series A
Heidi Health, whose AI tool trims paperwork for family doctors, has banked a $10 million Series A round led by returning backer Blackbird, with co-investors including Hostplus and Hesta.
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Series A
$10m
Blackbird backs Heidi Health’s AI platform for overworked doctors
Melbourne healthtech firm Heidi Health has pulled in A$10 million Series A capital, headed by Blackbird Ventures, to grow its AI scribe that lightens clinicians' documentation workload.
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