Tag: Tim Pallas

Victoria lures eight VCs for $300m startup push

Posted on   |  by Joseph Brookes
The Victorian government has pledged $2.4 million to venture capital firms to set up in the state and raise funding for local startups, setting up competition with Queensland’s venture...

Gig Guide: Inaugural Breakthrough Victoria CEO calls time

Posted on   |  by Brandon How
Breakthrough Victoria’s inaugural chief executive Grant Dooley has announced his intention to step down after three years in the role. The organisation, which manages the state government’s $2 billion...

Vic Budget cuts $360m from govt VC fund

Posted on   |  by Justin Hendry
The Victorian government will strip $360 million from its venture capital fund and extend the investment horizon from 10 to 15 years, as it seeks to make more “quality...

LaunchVic lands $40m boost in state Budget

Posted on   |  by Brandon How
The Victorian government has set aside $40 million for its startup agency LaunchVic as part of a 10 per cent increase in overall Budget funding for Industry, Small Business...

A $20m ray of light for energy startup RayGen

Posted on   |  by Max Rattray
Breakthrough Victoria has invested $20 million into local energy startup RayGen Resources to drive the state’s energy transition and boost local manufacturing in the renewables sector. RayGen uses an...

Mazzucato in Australia: Last chance to secure seats

Posted on   |  by James Riley
With just days before renowned economist and author Mariana Mazzucato arrives in Australia for her much anticipated speaking tour, a final release of tickets are now available for premier...

Vic govt backs local medtech pioneer with $2m investment

Posted on   |  by Justin Hendry
Breakthrough Victoria has invested $2 million in Cyban, a Melbourne-based medtech startup pioneering a way to monitor brain oxygen levels without invasive surgery. The investment through the state’s $2...