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Purpose ventures fund team
Funding

Perth VC Purpose Ventures raised $37 million in 6 weeks to address chronic underfunding for WA-based startups

Apurva Chaudhry - April 4, 2023 2 MIN READ

Perth venture capital firm Purpose Ventures has demonstrated there’s plenty of cash in the west to back local startups, raising $37 million towards a $40 million target in just six weeks. The VC opened its fund to investors on February 8 – the midst of the Silicon Valley Bank collapse and attracted $37 million in… Read more »

HubSpot
Topics

HubSpot launches US$30 million HubSpot Ventures fund to invest in SaaS startups

Gina Baldassarre - December 12, 2018 2 MIN READ

HubSpot is the latest company to move into the corporate venture capital space, building on its handful of investments with the launch of a dedicated US$30 million ($41.5 million) fund.

Blackbird Ventures
Topics

Blackbird Ventures launches $225 million fund, bringing on investment from government’s Future Fund

Gina Baldassarre - April 3, 2018 3 MIN READ

Australian VC firm Blackbird Ventures has announced the closing of its third fund, raising $225 million from the likes of Hostplus and the Future Fund.

Tempus Partners
Topics

Venture capital firm Tempus Partners launches new $40 million fund

James Ward - September 7, 2017 2 MIN READ

Tempus Partners has announced the establishment of ‘Tempus Fund 2’, a $40 million fund with which it will look to invest in local B2B and scalable startups.

Eva Chen - Trend Micro
Topics

Cybersecurity firm Trend Micro launches $100 million venture fund targeting IoT startups

James Ward - June 27, 2017 2 MIN READ

Trend Micro has announced the launch of a $100 million corporate venture fund designed to support emerging tech markets, with IoT one of the key focuses.

Pyne & Payne
Topics

Federal Government announces $500 million investment in space-based surveillance and intelligence

James Ward - June 19, 2017 2 MIN READ

The federal government has announced that it will be investing $500 million to improve Australia’s space-based surveillance and intelligence capabilities.

Katrina Hodgkinson
Topics

NSW government announces inquiry into growing regional startup ecosystem

James Ward - June 8, 2017 2 MIN READ

The NSW government’s Committee on IIRD has announced that it will be conducting an inquiry into how to grow the state’s regional startup ecosystem.

Topics

NAB Ventures leads US$24 million Series D round for Toronto cloud accounting startup Wave

James Ward - May 31, 2017 2 MIN READ

National Australia Bank has led a US$24 (AU$32) million Series D round for Toronto-based cloud accounting startup Wave through its VC fund, NAB Ventures.

Rebekah Campbell
Topics

Scaleup Mediafund announces pay-ahead foodtech platform Hey You as new investment recipient

James Ward - May 30, 2017 2 MIN READ

Scaleup Mediafund, a fund providing media ad inventory for equity, has announced food ordering and payments platform Hey You as its latest investment.

Intelledox
Topics

Canberra digital transformation company Intelledox raises $4 million to further international growth

James Ward - May 23, 2017 2 MIN READ

Intelledox has announced the closing of a $4 million, which will be used to accelerate the business’s global expansion and build out its software product.

H2 Ventures
Topics

H2 Accelerator opens up to data and AI startups across Australia and New Zealand

James Ward - May 12, 2017 2 MIN READ

H2 Ventures has announced that it will be expanding its flagship H2 Accelerator program to support data and AI startups across Australia and New Zealand.

Kara Frederick
Topics

Reinventure Group appoints Kara Frederick as General Partner to help fintechs expand into the US

James Ward - March 14, 2017 2 MIN READ

Reinventure has announced the appointment of Kara Frederick as General Partner, to strengthen its ability to help Aussie fintech’s expand into the US.

Prospa
Topics

Online lending platform Prospa raises $25 million round led by Airtree Ventures

James Ward - February 22, 2017 2 MIN READ

Prospa has announced the closing of $25 million in funding led by AirTree Ventures, which will be used to help the business grow its technology and team.

NAB & Medipass Solutions
Topics

NAB Labs launches healthtech platform Medipass Solutions to help streamline doctor bookings and payments

James Ward - February 17, 2017 2 MIN READ

NAB has partnered with healthtech startup Medipass Solutions to develop a new healthtech platform that will integrate the bank’s HICAPS system.

Topics

CSIRO to open San Francisco office to help push commercialisation in US market

James Ward - January 30, 2017 2 MIN READ

The Government has announced it is set to open a new office for the CSIRO in San Francisco in order to boost the organisation’s engagement with the US.

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