Bookended by Canva’s $51 million unicorn-making round in January and Deputy’s $111 million Series B at the end of November, Australia saw venture capital investment in local startups reach $1.25 billion in 2018.
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.
KPMG Australia’s High Growth Ventures practice has partnered with Taronga Ventures to develop opportunities for Taronga’s RealTech Venture Fund.
KPMG will look to address the core needs of startups gearing up for growth, and “bring the rigour, expertise, and connections” of a global firm.
Victoria’s budget has $186 million for startups, including $10m for angel investment in female founders
Impact startup Like Family raises $2 million seed round to tackle loneliness
Why you should never give your MVP away for free or at a discount
Twiggy Forrest is backing a new robotics vehicle startup by Zoox’s Australian co-founder
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