Impact VC fund, Giant Leap has raised more than $15 million in less than four weeks for a second fund, Giant Leap II. Many of the backers in the original fund, launched in 2016, have invested in the new fund. New supporters include QBE Australia and Pexa chair Mark Joiner and Bookish co-founder Peter Haasz.… Read more »
Venture capital investor OneVentures is sharpening its focus on ESG (environmental, social, governance) principles in the startups it invests in to drive change in the sector. Managing director Dr Michelle Deaker, said it’s time for Australian VC firms to align their investment strategies to responsible investment practices and recognise that where they put their moment… Read more »
Giant Leap’s Small Steps: ‘Code Red for Humanity’ – startup opportunities from IPCC’s climate report
Welcome to Giant Leap’s Small Steps, a newsletter offering global insights and news on the impact startup landscape. We’ll be sharing an edited version with Startup Daily readers every fortnight. Giant Leap is Australia’s first impact venture fund, and they use this newsletter to surface the ideas and businesses that intrigue and inspire them and… Read more »
Welcome to Giant Leap’s Small Steps, a newsletter offering global insights and news on the impact startups landscape. We’ll be sharing an edited version with Startup Daily readers every fortnight. Giant Leap is Australia’s first impact venture fund, and they use this newsletter to surface the ideas and businesses that intrigue and inspire them and… Read more »
Aid agency Save the Children Australia has backed a second startup with its Impact Investment Fund, taking an equity stake in education company Inquisitive. Save the Children Australia CEO Paul Ronalds said the investment is an exciting opportunity to increase Inquisitive’s social impact for children in low socio-economic areas, especially rural and remote areas, and schools… Read more »
Alberts, the music publisher that launched an upstart band called AC/DC, now has a $16 million early stage impact investment fund
Music publishing dynasty Alberts, which helped launch the careers of seminal Australian rock bands such as AC/DC, and the Easybeats, has launched a $16 million fund impact investment fund. Alberts Impact Ventures is looking to support the next generation of musicians alongside tackling pressing social issues such as mental health and sustainability. The fund has… Read more »
Impact startup Like Family has raised $2 million in seed funding in a round led by Giant Leap Fund. Alberts Impact Capital and Pangaea Impact Investments also invested in Like Family (formerly Home Care Heroes) for its continued Victorian expansion and to grow the team. Jenna Leo and Mathieu Bertrand founded their NDIS-approved marketplace in… Read more »
Impact Investment Group (IIG) is on the hunt for $70 million from wholesale investors for a new fund targeting sustainable and socially conscious startup investments. IIG CEO and co-fund manager Daniel Madhavan said the Impact Alternatives Fund will be a mix of investments, including renewable energy infrastructure such as solar farms, impact private equity, venture… Read more »
Return on investment means different things to different people, especially when in terms of outcomes, and Impact Investment Group (IIG) is rewriting the rules in terms of the success of its investments. IIG is best known to the startup sector for its VC investment arm, the Giant Leap Fund, launched in 2016. It’s an impact VC… Read more »
Recruiter Xceptional, which finds tech jobs for people with autism, is funding its growth via Australian-first impact-linked lending
Xceptional CEO and founder Mike Tozer. Photo: supplied If you watched the 2018 ABC TV series Employable Me as it followed people with neuro-diverse conditions such as autism and Tourette Syndrome looking for work, then you came across the Xceptional, an IT recruitment firm (that gave Tim a job). Founded by Mike Tozer as a… Read more »
Through an online ecommerce platform, Yume connects food suppliers with quantities of surplus food to Australian businesses and restaurants.
Sydney-based crowdfunding startup StartSomeGood has raised an angel impact investment of $400,000 from Melbourne investment firm Trimantium Capital.