Australia’s biggest tech companies and founders are investing tens of millions into solving the nation’s tech skills shortage, with Airwallex, WiseTech, Canva and Atlassian channelling funds into a variety of education initiatives.

On Tuesday Airwallex will announce a $3 million investment and partnership with the University of Melbourne to create 42 new financial scholarships, an opportunity fund, a future idea fund and a student enrichment plan, aimed at increasing access, exposure and career opportunities for technology students.