Start Mesh, an Australian organisation helping mid-stage startups along the path to global commercialisation, has announced it is raising its first venture capital investment fund, looking to raise $20 million.
Australian fund management firm Aura Group has announced the launch of a new $30 million Aura Venture Fund through which it will look to “harness the power of the Australian ideas boom.”
The Slingshot Venture Fund has been awarded unconditional Early–Stage Venture Capital Limited Partnership (ESVCLP) status by the Federal Government, which will see it exempt from the standard income and capital gains taxes for investors.
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