News & Analysis

Australia’s biggest science investment fund has another $210 million for medical research startups

- May 2, 2019 2 MIN READ

Australian VC firm, Brandon Capital Partners, has just raised another $210 million to invest in commercialising medical research, and is already on the hunt for another $250 million as it edges towards $1 billion in science investments. The 5th Medical Research Commercialisation Fund, MRCF5, raised AU$210 million from existing investors, taking the total in the… Read more »

News & Analysis

The CSIRO is sending two startup founders to Stanford as part of its accelerator program

- May 2, 2019 2 MIN READ

Two Australian scientists and startup founders will head to America’s prestigious Stanford University to study after impressing the CSIRO’s with their ideas during the organisation’s recent ON Accelerate program. Stephen Trowell, founder and MD of Parts Per Billion, and Melanie White, co-founder and director of Inova Medical, will receive $30,000 each towards travel and their… Read more »

News & Analysis

Funding for Australian startups just had a bumper start to 2019, but things are starting to look tougher

- May 1, 2019 4 MIN READ

Investors and companies spent more than $2.6 billion on tech startups in the first three months of 2019, but the cash splash looks set to dry up if the longer-term trend continues according to Startup and tech directory Techboard, which released its March 2019 quarterly funding report today. It was a good quarter for mature startups… Read more »

News & Analysis

20 key facts about the state of startup funding in Australia in 2019

- May 1, 2019 2 MIN READ

  Techboard, Australia’s largest startup and tech directory, released its latest quarterly funding report today, revealing the March 2019 quarter was a bumper period for the sector when it came to funding. While the finalisation of the bid for online property exchange network PEXA (Property Exchange Australia Ltd), launched in late 2018 by the Commonwealth… Read more »

News & Analysis

The team behind Barbeques Galore just raised $20 million in series A funding for a children’s online tutoring business

- April 30, 2019 2 MIN READ

Online tutoring startup Cluey, which wants to change the way kids learn using tech and AI, has raised $20 million in Series A funding. International technology investor Allectus Capital and Alex Waislitz’s Thorney Investment Group, including the listed Thorney Technologies Ltd, led the round, which takes the total raised to $31 million.  Cluey is the… Read more »

News & Analysis

A Melbourne cloud computing startup just landed one of 2019’s biggest raises to go global

- April 30, 2019 2 MIN READ

Melbourne educational training startup A Cloud Guru (ACG) has raised US$33 million (A$47m) from US and local investors, including Summit Partners and Airtree Ventures, just four years after brothers Sam and Ryan Kroonenburg launched the platform. As technological disruption cuts its way through a swathe of industry sectors, the Kroonenburgs has been working with a… Read more »

News & Analysis

Investible is looking for an Australian startup for OTEC, China’s massive annual VC event

- April 29, 2019 2 MIN READ

Creel Price’s angel investment firm, Investible, is on the hunt for champion tech startups seeking Series A or B capital, to be part of China’s annual Overseas Talent Entrepreneurship Conference (OTEC) this July. Now in its seventh year, OTEC in Beijing is one of the world’s largest VC events, and last year attracted more than… Read more »