The team at Sydney VC firm Folklore are sharing some of their insights on the investment process to give founders, particularly early founders, an insight into how to approach VC engagement from your first conversation through to what to expect from your VC after receiving your first cheque, or even rejection. In part one of… Read more »
The team at Sydney VC firm Folklore are sharing some of their insights on the investment process to give founders, particularly early founders, an insight into how to approach VC engagement from your first conversation through to what to expect from your VC after receiving your first cheque, or even rejection. In part one of… Read more »
Product and pricing management SaaS startup ProductEngine has raised $1.2 million in Seed capital. The round was led by venture capital firm Folklore, with support from accelerator program Startmate. The Brisbane startup will use the investment to double its team and expand into new markets, including the US and Europe. Founded in 2019 by Jarrad… Read more »
In a startup’s earliest days, founders wear many hats. Establishing company culture might seem a luxury or you may think it will come naturally, but the sooner this is a focus, the better. The later you leave cultivating a culture, defining and integrating your values into your company operations and creating equitable experiences and processes,… Read more »
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 »
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 »
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 »
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