VC firm Reinventure Group has closed its third $50 million fund, with Westpac once more backing the firm as it looks to expand its focus to Asia-Pacific.
Australia’s BlueChilli has partnered with Singapore-founded venture capital firm Hatcher+ in a deal that will see US$125 million ($162 million) invested in up to 240 startups identified by BlueChilli over the next three years.
To be held at Fishburners on International Women’s Day will be a group session helping founders work through a problem, followed by 1:1 office hour slots.
Venture capital investment into Australian startups grew 1.4 percent in 2017 to hit US$555.63 million ($698 million), though the number of deals fell from 185 in 2016 to 135.
Ben sits down with Gina to talk about what it was like to start a business within the dial-up era as well as the relationship between investors and founders
Tempus Partners has announced the establishment of ‘Tempus Fund 2’, a $40 million fund with which it will look to invest in local B2B and scalable startups.
Galileo Ventures, is looking to raise $20 million to support startups founded by students at Australian and New Zealand universities.
Trend Micro has announced the launch of a $100 million corporate venture fund designed to support emerging tech markets, with IoT one of the key focuses.
Sydney fintech Simply Wall St has raised $2.4 million in funding from its user base, which has now grown to 100,000 users across five global markets.
AirTree Ventures has announced that Anil Sabharwal, current Vice President of Product at Google in the US, will be joining the VC firm as a venture partner.
iCetana has announced the raising of a $8 million funding round which will be used to build out the startup’s detection system and expand worldwide.
Reinventure has announced the appointment of Kara Frederick as General Partner, to strengthen its ability to help Aussie fintech’s expand into the US.
National Australia Bank has led a US$24 million Series B round (approximately $31 million) in San Francisco-based foreign exchange payments company Veem through its VC fund, NAB Ventures.
The MDEC has announced the development of new digital startup hubs and incentives that it hopes will attract Australian startups to Malaysia.
Employment Hero has announced a partnership with ANZ that will see its HR technology rolled out to ANZ’s small business customers.