News & Analysis

Follow[the]Seed to invest $50 million into Australian startups, using data-driven algorithm to identify opportunities

- September 11, 2015 2 MIN READ

Data-driven VC fund, Follow[the]Seed is investing $50 million into Australian startups that are seeking to raise between $500,000 to $2 million in post-seed funding. The Sydney-headquartered fund, which also operates across San Francisco, Tel Aviv and Beijing, will be using its proprietary algorithm RavingFans to identify key investment opportunities.

Profiles

Australian VC funds open source their legal documents to help startups save on legal fees when raising capital

- May 19, 2015 2 MIN READ

Australian venture capital firms, angel groups, incubators, accelerators and other industry stakeholders have pledged to open source the legal documents used in their seed fundraising processes. Industry-wide standardised fundraising documents can now be downloaded via AVCAL’s website and used during early-stage equity investment rounds.

News & Analysis

Ninja Blocks secures an additional USD$700,000 to propel the launch of new product Ninja Sphere

- October 28, 2014 2 MIN READ

Home intelligence startup Ninja Blocks has today announced a USD$700,000 capital raise. The news follows a successful Kickstarter crowdfunding campaign completed in January through which the startup raised a little over $700,000, more than six times its pledged amount. Investors in the latest fund round are both local and international, and include SingTel Innov8, Blackbird Ventures and 500 Startups.

News & Analysis

BlueChilli secures $5 million from prominent investors and acquires Future Capital’s equity

- September 1, 2014 2 MIN READ

Sydney-based venture technology investor and startup incubator, BlueChilli has today announced it has closed AUD$5 million in investment, which will help the firm continue in its path to grow and strengthen Australia’s startup sector. The latest round of funding was led by Australian business icon The Myer Family Investments, as well as Adelaide-based tech entrepreneur and founder of Internode Simon Hackett.