FB10x team
Funding

FB10X backs female-led startups and pledges nearly $500K

- November 27, 2024 2 MIN READ

FB10X, an angel investor syndicate comprised of seasoned executives from leading Australian companies, has announced its latest investment in Heatseeker, a pioneering market experiment platform designed for fast-growing businesses. This investment underscores FB10X’s commitment to backing innovative startups and fostering a more equitable entrepreneurial landscape. Heatseeker co-founder Kate O’Keeffe expressed her enthusiasm for the partnership,… Read more »

Scrooge McDuck
Venture Capital

LaunchVic is waving $300,000 cheques at VCs to get them to set up shop in Victoria

- October 31, 2023 2 MIN READ

Victoria’s startup agency, LaunchVic, is hoping to lure more venture capital to south, offering VC funds up to $300,000 in backing if they put up their shingle in the state. Eligible funds can either new or “new to Victoria,” under the incentive program, providing existing fund managers with operations elsewhere to set up local offices… Read more »

Antler Australia

The Antler Investor Memo series: Avert AI helps companies tackle communications compliance using artificial intelligence

- September 19, 2022 2 MIN READ

Early stage investment company Antler Australia recently backed 13 startups as part of its ongoing program to invest in great local tech companies. Over the next six weeks, Startup Daily will share the details of each venture in the “Antler Investor Memos” series. You can also meet the founders on the Startup Daily show on… Read more »

Funding

UniSuper tips $75 million into early stage VC Uniseed

- March 25, 2022 2 MIN READ

Superannuation fund UniSuper will invest $75 million into pioneering early-stage venture capital fund Uniseed in its first move into VC. Uniseed is the country’s oldest commercialisation fund, established in 2000. It is jointly owned by Universities of Melbourne, Queensland, Sydney, New South Wales and the CSIRO, and backs research and tech ventures developed by those… Read more »

Dr Kate Cornick
Women in Tech

Applications for investment from Victoria’s $10 million Alice Anderson Fund are now open for women-led startups

- July 1, 2021 2 MIN READ

Female entrepreneurs have the chance to score up to $300,000 in early-stage funding from the Victorian government for their startup ,with applications for the new $10 million Alice Anderson Fund now open. The fund, led by LaunchVic, is designed to address a chronic shortage of equity investment in startups founded by women. LaunchVic CEO Dr… Read more »

The Fund, Elicia McDonald, Adrian Petersen, Georgia Vidler, Ed Taylor, Todd Deacon
Funding

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 »

Cryptocurrency

Reinventure’s bet on Coinbase returns $546 million, boosting Westpac’s bottom line by $288m

- April 28, 2021 2 MIN READ

January 2015 was an interesting time for bitcoin and Westpac’s fintech venture capital fund, Reinventure. Simon Cant and Danny Gilligan, co-founded the VC with Westpac the year before. Bitcoin kicked off the year at around US$300, before crashing to $170 within a fortnight. The cryptocurrency would climb to $465 before the year was out and… Read more »

Funding

Australian VCs raised more than $1bn in capital for startups, but the median funding for Indigenous ventures sits at $0

- December 16, 2020 2 MIN READ

The push for diversity in venture capital is long overdue but like a lot of diversity campaigns, First Nations people are being overlooked by investors in Australia. As founder of the world’s first Indigenous Accelerator, I reached out to venture capital firms operating in Australia to conduct research into how much or more accurately, “how… Read more »