Australian VC firm Blackbird Ventures has announced the closing of its third fund, raising $225 million from the likes of Hostplus and the Future Fund.
Townsville startup SafetyCulture has today announced a $30 million Series B round led by international venture capital firm Index Ventures. The investment comes as the second largest funding round secured by an Australian tech startup this year, following a $41 million raise by BigCommerce in June.
Melanie Perkins remarked that press coverage of startup success is often like “watching a highlights reel”. In reality, the startup world is a grind – a rewarding one, but one that requires an immense amount of work.
Recruiting is hard for startups the world over, hence the ping pong tables, catered meals, endless snacks, gym memberships…the perks go on. For Australian startups however attracting top talent is particularly difficult, even for those with US$30 million of funding under their belt. In an AMA with Sydney-based firm Blackbird Ventures yesterday, Canva cofounder Melanie […]
Sydney-based venture capital firm Blackbird Ventures has raised $200 million for its second fund, a big jump from its inaugural $30 million fund launched in 2012. This makes Blackbird the largest tech startup-focused VC firm in Australia.
Startmate, a Sydney-based startup accelerator programme that has one of the highest startup success rates, has announced today that it will invest up to $150,000 into its next batch of startups. It has also partnered with creative agency Droga5 to help 2016 participants with storytelling, a struggle for many founders with promising products.
Yesterday, Australia’s most well-known Digital Currency startup CoinJar, announced it has relocated it’s headquarters to the United Kingdom as part of its growth strategy, that will allow bitcoin holders more flexibility when it comes to buying, selling and using the digital currency.