Monday, June 30, 2025

PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US (Benicia Tan/Bloomberg)

Benicia Tan / Bloomberg:
PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US  —  Australian startups lag far behind the US and China in funding raised despite the country's historical effectiveness at creating unicorns.



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Uber, Verne, and Pony.ai launch autonomous rides in Zagreb, making the Croatian capital the first European city where users can book such rides via Uber's app (Anzar Mehraj/Reuters)

Anzar Mehraj / Reuters : Uber, Verne, and Pony.ai launch autonomous rides in Zagreb, making the Croatian capital the first European city ...