Zivy, a Bengaluru-based AI-driven technology startup, has successfully raised $1.2 million in a pre-seed funding round. This round was co-led by prominent investors including Blume Ventures and Paradigm Shift Capital. Zivy aims to utilize these funds to enhance its technological capabilities and expand its market presence.

In tandem with Zivy's funding success, Crackle Technologies, another emerging tech enterprise, secured $1.7 million in its own pre-seed round. This funding effort was spearheaded by We Founder Circle and AC Ventures, with additional contributions from other supporters. Crackle Technologies plans to use this financial infusion to accelerate its product development and broaden its customer base.

The success of these startups is part of a broader trend in the global startup ecosystem, particularly highlighted by Australia's robust performance. Australian startups have recently achieved the third-highest rate of liquidity globally, trailing only behind the U.S. and China. This remarkable achievement underscores the vibrant entrepreneurial spirit and the conducive environment for venture capital investment in Australia. Venture capitalists continue to show increasing interest in Australian startups, buoyed by their impressive track records and innovative business models. This trend is indicative of the growing global acknowledgment of Australia as a critical hub for startup development and success.

Overall, these developments reflect the dynamic nature of the global tech startup landscape, where innovation and strategic funding continue to drive significant growth and transformation.