Australian tech hits $5.1B amid AI funding boom
Australia's technology sector has staged a defiant recovery, with start-up funding surging to $5.1 billion in 2025—a $1 billion increase over the previous year.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Australia's technology sector has staged a defiant recovery, with start-up funding surging to $5.1 billion in 2025—a $1 billion increase over the previous year.
Twist Bioscience (NASDAQ:TWST) reported first-quarter fiscal 2026 results Monday that beat revenue expectations and showed significant margin improvement, as the company stays on track to reach its profitability goals by the end of the year.
Parsons (NYSE:PSN) announced Monday that it has been awarded a six-year, $60 million contract by the Foothill Gold Line Construction Authority to lead the design for Phase 2B2 of the light rail expansion.
Hess Midstream (NYSE:HESM) reported fourth-quarter 2025 results on Monday that met analyst earnings expectations but fell slightly short on revenue, as severe winter weather in the Bakken region hampered throughput volumes.
Heritage Financial (NASDAQ:HFWA) announced Monday that it has finalized its acquisition of Olympic Bancorp, a move that creates one of the most significant community banking platforms in the Pacific Northwest.
Eton Pharmaceuticals (NASDAQ:ETON) announced on Monday that it has secured U.S. marketing rights for a new ultra-rare disease product candidate, further cementing its position in the specialized orphan drug market.
Natera (NASDAQ:NTRA) submitted a formal application for U.S. regulatory approval of its Signatera molecular residual disease test as a companion diagnostic for bladder cancer, moving to solidify its lead in the burgeoning field of precision oncology.
Li Auto (NASDAQ:LI) reported a cooling in delivery momentum to start 2026, as the Beijing-based automaker delivered 27,668 vehicles in January.
The sharp crypto selloff that wiped about $250 billion from total market value over the weekend is being driven by a shortage of US liquidity rather than any crypto-specific weakness, according to analyst Raoul Pal.
FLock.io and Blockchain for Good Alliance said they have signed a partnership to collaborate on decentralised AI, blockchain and public-benefit initiatives, expanding the group’s focus to “Blockchain and AI for Good.”