Having invested $900 million into venture capital so far, Hostplus CIO Sam Sicilia believes the fund is helping to build a prosperous future for Australia.
Sydney startup WORK180, which looks to connect women with roles at organisations with a focus on gender equality, has raised $1 million in a Series A round led by Skip Capital to help pursue expansion in the US.
NAB has allocated a further $50 million in funding over the next two years to its venture capital fund NAB Ventures, bringing the total allocated to the fund until 2020 to $100 million.
Singapore-based venture capital firm Qualgro has announced it has completed the first close of its second fund, with US$60 million of the US$100 million ($137 million) target committed.
Almost $850 million (US$630 million) of venture capital was invested in Australian startups in the 2017-18 financial year, a new record for the local ecosystem.
Melbourne fintech company Credit Clear, which automates the process of requesting payments from customers, has raised $8.5 million in funding from investors including Regal Funds Management.
Melbourne-headquartered video production marketplace Genero has raised $4 million in a funding round led by existing backer Ellerston Capital to pursue growth in the United States.
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.
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.
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.
At AirTree, we often get founders asking us how they can improve their sales performance and the answer always involves a deep dive into their sales funnel metrics.
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.
Auckland-based SaaS platform Thematic today announced it has raised US$1.22 million in seed funding to continue its international growth.