The founder of a billion-dollar Australian start-up that claims to have built an app that can check if someone is sick says local investors don’t have the appetite to back risky ideas or founders that have failed in other ventures.
Helfie AI, founded by George Tomeski, said it has already raised $US33 million at a $US750 million valuation from international investors, including vaccine-maker Moderna’s founding chief scientist Tony de Fougerolles.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
