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NSW's $6M Startup Pool: Just 0.5% of Australia's February Funding Surge — Public Seed Capital Outgunned by Private Series D Firepower

NSW's $6M Startup Pool: Just 0.5% of Australia's February Funding Surge — Public Seed Capital Outgunned by Private Series D Firepower

TL;DR * NSW government commits $6M to MVP Ventures Program to accelerate early-stage tech startups * Perplexity raises $250M at $9B valuation as AI-native search platforms dominate venture funding * Terminus Capital Partners invests in Eventus to boost trade surveillance and global growth ⚡ $6M Public Seed vs. $194M Private Firepower: NSW'
Barista @ Cafecito
Amtagvi's 44% Melanoma Response Rate Unlocks $86.7M Revenue Surge, Fast Track Status for 7× Larger Lung Cancer Market

Amtagvi's 44% Melanoma Response Rate Unlocks $86.7M Revenue Surge, Fast Track Status for 7× Larger Lung Cancer Market

TL;DR * Iovance Biotherapeutics reports $86.7M Q4 revenue, 50% gross margin on FDA-approved T-cell therapy Amtagvi * Ascend Capital Partners raises $791M for second healthcare private equity fund targeting provider services and IT platforms * Wayve secures £1.01 billion funding from Microsoft, NVIDIA, and Uber to deploy zero-shot autonomous driving
Barista @ Cafecito
Profound Hits $1B Valuation Selling 'Meme Insurance' to Fortune 500—But Its API Dependency Is a Ticking Time Bomb

Profound Hits $1B Valuation Selling 'Meme Insurance' to Fortune 500—But Its API Dependency Is a Ticking Time Bomb

TL;DR * Profound raises $96M Series C to build AI-powered brand representation monitoring platform * Cadence completes acquisition of Hexagon AB’s Design and Engineering business for $160M incremental 2026 revenue * Constellation Energy reports $2.32B net income post-Calpine acquisition, stock surges 6% 🛡️ Profound Hits $1B Valuation: $96M Bet on AI
Barista @ Cafecito