Tag: VC

WA explores new VC model to support local startups

Posted on   |  by Brandon How
An early-stage venture capital model for Western Australia will be developed by the state government in a bid to identify VC interest and boost funding available to local scale-ups...

Israeli VC looks to partner with Aussie corporate investors

Posted on   |  by Brandon How
Ahead of the Australia-Israel Innovation Summit, MarineTech venture capital fund theDOCK’s co-founder Hannan Carmeli shared his thoughts on automation opportunities in the maritime sector and his aim to build...

Forrest’s Tattarang launches $250m HealthTech VC firm

Posted on   |  by Brandon How
Australia has a brand new HealthTech and BioTech venture capital outfit called Tenmile and backed with $250 million in capital from Andrew and Nicola Forrest’s investment group Tattarang. Based...

Foreign funds are being discouraged: AIC

Posted on   |  by Joseph Brookes
The lack of common investment vehicles first promised by the Coalition five years ago is acting as a handbrake on foreign capital entering Australia, according to the peak investment...

Tech funding needs new reforms: AIC

Posted on   |  by Denham Sadler
A series of FinTech-friendly reforms are needed to help Australia reach the next phase of tech investment, according to the Australian Investment Council. In a submission to the Select...

Airwallex achieves unicorn status

Posted on   |  by Aimee Chanthadavong
Melbourne-based cross border payments platform Airwallex has just earned unicorn status, following a successful Series C fundraising round of US$100 million. The fintech, which is now valued at over...

StartupLand posts capital record

Posted on   |  by James Riley
Australian startups and fast growing tech companies raised more than $3.5 billion across more than 730 separate investments in the financial year to the end of June, according to...

VC: Future Fund must do more

Posted on   |  by James Riley
While the federal opposition has welcomed the investment of Future Fund money into local VC firm Blackbird, shadow digital economy spokesman Ed Husic says Labor will be watching closely...

Innovation and corporate muscle

Posted on   |  by James Riley
An expansion to the regulatory sandbox scheme and tax incentives for big businesses to back startups should be on the cards to help build a bridge between corporates and...