Fintech

Australian fintechs now have a map of potential investors

- November 9, 2021 2 MIN READ

FinTech Australia has released a  new map for fintechs detailing investors in the sector. The map showcases investors from across the country, featuring a variety of funders including venture capitalists, angel funds, corporate investors, crowd-funding options and incubators. It’s available for free for people in the fintech and startup communities. The map is free to… Read more »

Cryptocurrency

CBA opens up the CommBank app to cryptocurrencies

- November 3, 2021 3 MIN READ

The Commonwealth Bank is embracing cryptocurrencies, and will allow CommBank app customers to buy, sell and hold crypto assets. In the a game-changing move for the sector by the country’s biggest bank will see it partnered with crypto exchange Gemini – founded by the Winklevoss twins of Facebook fame – and blockchain analysis firm, Chainalysis.… Read more »

Capital Raising

The founder of climate tech startup Cogo explains why he wants to rewrite the rules on investing in startups to favour smaller investors

- October 26, 2021 4 MIN READ

We often hear witty comparisons being made between startups and babies. A recent, timely paper titled ‘Exit to community’ does the same. A startup is your (brain) child, a long-term commitment that needs constant love and attention. You’re going to experience significant growing pains and that ‘baby’ will cry at any hour of the day… Read more »

Funding

Envato co-founders back climate impact investing fintech Bloom in $675,000 pre-seed raise

- October 8, 2021 3 MIN READ

Climate-focused fintech Bloom Impact Investing has raised $675,000 in a pre-seed round ahead of the launch of its impact investing app. The round was led by climate tech startup accelerator and innovation network, EnergyLab with Envato co-founders Cyan and Collis Ta’eed also among the angel investors with ACAC Innovation, Palm Beach Ventures, and NOAB Ventures.… Read more »

ASX

Afterpay share price is tanking again as the world’s biggest investor, Blackrock, sells down again

- May 13, 2021 < 1 MIN READ

The world’s biggest investor, New York firm Blackrock, is selling down ASX-listed fintech Afterpay as the company’s share price continues to head south. Afterpay (ASX: APT) lodged yet another ceasing to be a substantial shareholder notice for Blackrock today, after nearly five months of the investment firm dipping in and out of having 5% stake… Read more »

Investment

Melbourne investment firm NextGen Funds has launched an AI fund for startups

- December 8, 2020 2 MIN READ

Melbourne-based NextGen Funds Management has launched the country’s first Artificial Intelligence (AI) Fund. The fund, for sophisticated investors, will invest in a mixture of debt and equity in ventures ranging from startup to pre-IPO. NextGen Funds Management Head of Distribution Samuel Mullavey said the fund will take a sector-neutral approach in areas are where AI… Read more »

Funding

Techboard’s annual funding report finds Australian startup investment bucked the global downward trend

- October 2, 2020 3 MIN READ

FY20 startup funding nearly $7 billion Private investment almost doubled to $4.48bn Blackbird led Australian VC investors with 14 deals worth $490m More than 700 Australian startups have received nearly 900 rounds of funding from around 400 investors during the 2020 financial year according to the latest annual funding report by data analysis company Techboard.… Read more »

Venture Capital

Impact Investment Group launches $70 million ‘alternatives’ fund 

- September 15, 2020 2 MIN READ

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 »

News & Analysis

TURNBULL ON TECH: His investment strategy, supporting startups & cybersecurity

- August 18, 2020 2 MIN READ

Former Prime Minister Malcolm Turnbull says Australia’s startup sector has an “exponential benefit” and “spillover effect” for the economy that other industries can’t match, and governments need to do more to support startups. Speaking to the Startup Daily show on ausbiz, the tech entrepreneur turned politician and now tech investor and Kasada board member said industry… Read more »

News & Analysis

Here’s what startup founders and investors are saying about the future of VC funding after a massive start to 2020

- August 11, 2020 4 MIN READ

Startup investment in Australia hit new highs in the first six months of 2020, according to KPMG’s Venture Pulse report, but what does the reality of the raw numbers look like on the ground? KPMG’s Venture Pulse report found a jump of nearly 50% in venture capital investment compared to 12 months ago, reaching US$944.7 million… Read more »

News & Analysis

Investment group Sydney Angels just gave 3 startups a $2.4 million boost

- May 26, 2020 2 MIN READ

Sydney Angels, the 100-plus member investment group backing early stage startups, has sent a strong signal to founders with good ideas, announcing $2.4 million in total investment across three tech startups. The three ventures are: Trendspek, a Sydney software ventures that converts drone footage of critical infrastructure that’s difficult to inspect for maintenance, such as… Read more »