Tag: VC

Emergence Quantum sells stake to top venture firm

Posted on   |  by Joseph Brookes
Sydney University-based R&D startup Emergence Quantum has sold a 22 per cent stake to Singapore-headquartered investment firm Serendipity Capital for an undisclosed amount, in a tie-up expected to produce...

NSW dethroned as top VC state

Posted on   |  by Joseph Brookes
Funding for Victorian startups almost tripled to $2.2 billion last year on the back of AirWallex’s $730 million in later stage raises, rocketing the state past NSW for the...

Private capital is the key to Australia’s innovation gains

Posted on   |  by Alex Hawke
In Australian politics, we talk a lot about innovation. But too often, we forget what actually drives it: private sector capital. As economist Joseph Schumpeter wrote, “the capitalist engine...

Chris Minns: Unlock superannuation for VC investment

Posted on   |  by James Riley
NSW Premier Chris Minns has thrown his weight behind Tech Council of Australia calls for rule changes that would enable a greater share of superannuation funds to be invested...

Andreessen Horowitz to raise $33.5 billion AI megafund

Posted on   |  by Krystal Hu, Anna Tong and Kenrick Cai
Venture capital firm Andreessen Horowitz is seeking to raise about US$20 billion ($33.5 billion) in what will be the largest fund in its history, to capitalise on global investors’...

Review backs govt VC fund for intelligence agencies

Posted on   |  by Joseph Brookes
An independent review of Australia’s intelligence community has called on the Albanese government to scope a national security fund for dual-use tech that could help agencies like ASIO and...