Affinda Group Acquisition: Melbourne AI Firm Buys Pathfindr in $15 Million Deal
Australian Financial Review
SKIPPED
Details
- Date Published
- 7 Oct 2025
- Priority Score
- 2
- Australian
- Yes
- Created
- 9 Oct 2025, 01:47 pm
Description
Artificial intelligence software company Affinda Group is buying out AI training firm Pathfindr in its first acquisition.
Summary
The article reports on the acquisition of Pathfindr, an AI consultancy and training firm, by Melbourne-based artificial intelligence software company Affinda Group in a $15 million deal. This acquisition marks Affinda's strategic expansion in the AI sector and aims to leverage Pathfindr's expertise in AI training and consultancy. While the merger reflects growth within the Australian AI industry, it does not directly address issues of AI safety or governance related to existential or catastrophic risks. Nevertheless, the acquisition could potentially elevate Affinda on a global scale, contributing to Australia's place in the AI technology landscape.
Body
TechnologyMergers & acquisitionsPrint articlePaul SmithTechnology editorOct 9, 2025 – 9.00amSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginAffinda Group, a 13-year-old Melbourne artificial intelligence software company, has made its first acquisition, buying out AI consultancy and training firm Pathfindr in a $15 million deal.The all-scrip deal will see Pathfindr’s founder Dawid Naude, a former Accenture managing director, continue to run the company as part of Affinda’s expanding operations. Its co-founders, Tim and Ben Toner, say Affinda has the potential to become a globally significant AI firm.Loading...Paul Smithedits 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 withPaulonTwitter.EmailPaulatpsmith@afr.comSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreMergers & acquisitionsAIStart-upsMelbourneDeloitteAccentureColes SupermarketsREA GroupMYOBOpenAISam AltmanFetching latest articlesHow we shot the 2025 Power issueMatthew DrummondAustralia’s 10 most powerful people in 2025The year’s top 10 power players (that aren’t people)How a maths whizz fled Russia and built a firm whose stock is up 780pcRachael Bolton‘Superstars’ change jobs roughly every two years, says this CEO‘It was coming out in my sleep’: How the Medibank CEO combats stressA wellness mega club opening in Sydney and Tiffany’s new Adelaide storeEugenie KellyWhat to exercise in now that leggings are dead5 places to run in South-East AsiaInsta-famous fitness app founders appoint tech veteran as new CEOYolanda RedrupInside a Young Rich Lister’s million-dollar home wellness spaceHow two waiters turned $500 into a global events company