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.
Long-running accelerator program Startmate has opened applications for its 2016 intake, this year upping its funding offering for participants by 50 percent to $75,000 and bringing on four new partners to help mentors provide dedicated guidance and advice to startups.
Crowdsourced security testing startup Bugcrowd has announced the raise of a US$15 million (AUD$19.2 million) Series B round led by Blackbird Ventures.
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.