Dog, money, nurture
News & Analysis

LaunchVic is on the hunt for a fund manager for its $120 million startup fund

- July 23, 2021 2 MIN READ

LaunchVic is seeking a fund manager to run the Victorian Startup Capital Fund (VSCF), a Fund of Funds announced in the Victorian budget.  The $120 million VSCF is support Victorian early-stage technology-based startups with potential to grow into high-performing businesses. The fund manager will be charged with raising at least $60 million from the private… Read more »

The Fund, Elicia McDonald, Adrian Petersen, Georgia Vidler, Ed Taylor, Todd Deacon
News & Analysis

Australian founders are backing a local chapter of US angel VC The Fund as it launches locally

- June 17, 2021 3 MIN READ

  US-based angel VC The Fund is launching in Australia + NZ Local founders are joining forces to invest in next gen ANZ startups Investors come from Canva, CultureAmp, Adore Beauty, Linktree, Safety Culture + more The Fund aims to back 50% female founders Founders and others from Australia’s most successful startups, including Canva, Culture… Read more »

News & Analysis

VC fund SecondQuarter Ventures has raised $51 million and struck investment deals with two more startups

- March 22, 2021 2 MIN READ

SecondQuarter Ventures , a venture capital secondary fund, has closed a $51 million round and announced stakes in two more startups. A secondary fund offers a potential exit and liquidity to investors and other shareholders, such as founders, prior to the venture going public or its sale. Secondary venture funds are well established in the… Read more »

News & Analysis

Angel investment network Scale Investors appoints two new female CEOs

- March 16, 2021 2 MIN READ

Melbourne angel investment network Scale Investors has chose two co-CEOs,  Chelsea Newell and Samar Mcheileh, to replace departed boss Ariane Barker. Scale invests in female-led startups and was founded in 2013 by a group of leading Melbourne businesswomen. With the backing of high net worth individuals, the organisation has backed 30 companies in that time… Read more »

News & Analysis

Investible hopes to raise a $50 million fund as Mick Liubinskas partners in a new sister company

- March 16, 2021 2 MIN READ

Sydney-based seed investment group Investible has appointed financial services veteran Rod Bristow as CEO as it looks to raise $50 million for a second early-stage fund. Bristow was most recently CEO of ASX-listed Clime Investment Management Limited in a 25-year career that includes CommSec and the environmental NGO Greening Australia. His appointment comes as Investible… Read more »

blue sky venture capital
News & Analysis

Former VC manager Elaine Stead wins $280,000 defamation payout after ‘slow death’ by journalist

- January 27, 2021 4 MIN READ

Dr Elaine Stead, the former head of venture capital at the now defunct Blue Sky Alternative Investments fund, has been awarded $280,000 in damages a defamation case against the Australian Financial Review and its Rear Window columnist Joe Aston. Stead, who was described as a “feminist cretin” and “venture capital pyromaniac” in a series of… Read more »

Venture Capital

Impact Investment Group launches $70 million ‘alternatives’ fund 

- September 15, 2020 2 MIN READ

Impact Investment Group (IIG) is on the hunt for $70 million from wholesale investors for a new fund targeting sustainable and socially conscious startup investments.  IIG CEO and co-fund manager Daniel Madhavan said the Impact Alternatives Fund will be a mix of investments, including renewable energy infrastructure such as solar farms, impact private equity, venture… Read more »