Tag: venture capital

Private capital wants a ‘visionary plan’

Posted on   |  by Denham Sadler
Australia needs a “visionary plan” to double the size and output of the local tech sector in the wake of the COVID-19 pandemic, the Australian Investment Council says The...

Huge VC and talent opportunity: AIC chief

Posted on   |  by Denham Sadler
A comprehensive plan for Australia’s innovation economy is urgently needed, with an opportunity to attract offshore capital and talent at unprecedented levels following the COVID-19 pandemic, according to Australian...

Senate inquiry for Business Growth Fund

Posted on   |  by Denham Sadler
The government’s plan to inject $100 million into a new business growth fund will be subject to a Senate inquiry after the Opposition raised concerns over “unanswered questions” and...

US-China trade stoush hurts Aussie tech

Posted on   |  by Denham Sadler
The tech sector has been hit by the trade tensions between the US and China with a sharp decline in VC flow, and this will have “harmful ramifications” for...

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...

Chinese VC looks to the world

Posted on   |  by Graeme Philipson
China may be nominally communist, but that doesn’t mean it doesn’t have venture capitalists. In a very big way. They get together every year, in Beijing’s Arctic January weather,...

Venture funding is in rude health

Posted on   |  by Denham Sadler
The Australian venture capital industry is reaching new stages of maturity and would continue to grow with or without government support, according to Innovation Bay co-founder Ian Gardiner. Venture...

Salesforce offers $70M Australia fund

Posted on   |  by James Riley
American tech giant Salesforce has launched a $70 million-plus venture capital fund in Australia, but funding will only go towards startups in the company’s own “ecosystem”. The $US50 million...

Aussie AgTech dramatically behind

Posted on   |  by Denham Sadler
Australia is “losing a race we should be winning” on AgTech, with local investment in the sector “dramatically behind” the rest of the world, a new report has found....