Tag: VC

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...

Galileo’s $20m fund for students

Posted on   |  by James Riley
Freshly-minted seed fund and accelerator Galileo Ventures has plans to raise a $20 million early stage venture capital fund (ESVCLP) targeting student entrepreneurs graduating from university looking to establish...

Super pool can fund scale-up VC

Posted on   |  by James Riley
Australia’s venture capital pool has likely doubled for FY2017 as the proportion of VC bound money coming from the country’s super funds ramps up. Last year Australia’s VC sector...

Disrupting VC: iAngels on Israel

Posted on   |  by James Riley
You have to wonder at how far the world has turned on its axis when Israeli venture firms are arriving in Australia to raise money. This seems counterintuitive. The...

SIV torrent turns to a slow trickle

Posted on   |  by Michael Sainsbury
The geyser of mainly Chinese money meant to fertilize Australia’s venture capital and startup sectors, and small cap companies, via the government’s recast Significant Investment Visa scheme has largely...

China IP concerns over-blown: GGV

Posted on   |  by James Riley
No amount of hand-wringing over protecting your intellectual property in China is going to help build your company, and the notion that you can be globally focused and somehow...