Tag: venture capital

Victorian govt mulls defence tech shift for VC fund

Posted on   |  by Justin Hendry
Breakthrough Victoria could be retooled to help grow local defence industry under changes being considered to better align the government-backed venture capital fund with the state’s economic priorities. As...

Government VC and the catalysing of private investment

Posted on   |  by Jo-Ann Suchard
A recently released NSW Innovation Blueprint presents the NSW government’s strategic vision for the state’s innovation ecosystem. The Blueprint includes a proposal to investigate the development of a government...

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’...

‘It takes a lot of capital’: AgTechs lament VC roadblock

Posted on   |  by Justin Hendry
A fundamental disconnect between venture capital firms and AgTech startups, in part due to long development cycles, is damaging Australia’s prospects of leading the global charge for change in...

NSW exploring state VC fund in innovation push

Posted on   |  by Joseph Brookes
An upcoming NSW innovation plan looks set to arrive this month with a state venture capital fund to fill in the strategic gaps left by private investors, like manufacturing....

Inquiry calls for new ‘sophisticated investor’ tests

Posted on   |  by Justin Hendry
Sophisticated investor rules should be overhauled to take into account knowledge and experience tests, a parliamentary committee has recommended in a bid to boost local capital investment. The call...