Funding

AI-based edtech Canopy Study plants $1.1 million Seed round

- April 19, 2022 2 MIN READ

Sydney startup Canopy Study, which uses artificial intelligence (AI) to create adaptive and personalised ways to improve learning, has raised an $1.1 million in a Seed round. VC Folklore Ventures backed the edtech startup. The cash is earmarked for product development and to build out the team across Australia. Canopy Study uses AI and proprietary… Read more »

Funding

3D computer vision startup Visionary Machines raises $7.5 million seed round led by Folklore Ventures

- July 26, 2021 2 MIN READ

Sydney computer vision startup Visionary Machines has raised A$7.5 million in a seed round led by Folklore Ventures, with co-investment by Our Innovation Fund (OIF). Existing backer Significant Capital Ventures reinvested, along with Thorney Investment Group and IQT International Australia, the Sydney-based of In-Q-Tel. Folklore partner Hannah Field will join the startup’s board Founded in… Read more »

Advice

From student to startup: A career path to modernise Australia’s economy

- July 14, 2021 3 MIN READ

In recent years, Australia has produced dozens of hugely successful technology companies including Atlassian, Canva, BigCommerce, Afterpay and Aconex.  The scale of their success shows that startups not only generate positive returns and recognition but also build technology and innovation capability, productivity and job creation.  Yet Australia is only ranked 23rd on the Global Innovation… Read more »