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 »