dogecoin, cryptocurrency
Cryptocurrency

ETFs for Bitcoin and Ethereum are hitting the Australian market after Anzac Day

- April 21, 2022 2 MIN READ

Exchange-traded funds provider ETF Securities is launching two funds in an Australian first, allowing people to invest in Bitcoin and Ethereum. The ETFS 21Shares Bitcoin ETF (Code: EBTC), and ETFS 21Shares Ethereum ETF (Code: EETH) will list on Cboe Australia (formerly Chi-X) next week. They will both track the price of the respective cryptocurrency in Australian… Read more »

People

The NSW government just put some heavy hitters from tech and VC on a new panel for investment advice

- March 4, 2022 < 1 MIN READ

Tesla chair and Blackbird operating partner Robyn Denholm is among three heavy hitters from the tech and VC scene on a new voluntary panel charged with advising the NSW government on local and international investment opportunities. Denholm, who’s also chair of the Tech Council of Australia, has been joined by AirTree Ventures founder Daniel Petre… Read more »

Funding

Investors are shifting the focus from fintech to climate startups in 2022

- March 1, 2022 3 MIN READ

The age of fintech for investors is shifting to climate tech startups in 2022, a landmark report into Australia’s startup ecosystem reveals. The inaugural State of Australian Startup Funding report, from Folklore Ventures and Cut Through Venture, has analysed data from more than 800 Australian founders and startup investors for a comprehensive look into the… Read more »

Other tech

Mike Cannon-Brookes tips $200 million into renewables finance company Infradebt

- February 23, 2022 2 MIN READ

Atlassian co-founder Mike Cannon-Brookes has backed renewables funding firm Infradebt with $200 million from his private family VC firm Grok Ventures. The funding announcement emerged less than 48 hours after Cannon-Brookes had a $5 billion takeover offer for energy supplier AGL rejected as undervaluing the business by the company’s board. Infradebt is a specialist infrastructure project finance… Read more »

Funding

LaunchVic chooses a new Fund-of-Funds firm to raise $60 million for the Victorian Startup Capital Fund

- February 23, 2022 2 MIN READ

A new Fund-of-Funds venture capital firm, formed by veterans of the super fund Hostplus VC team, has been chosen by the Victorian government to build LaunchVic’s $120 million Victorian Startup Capital Fund (VSCF).  Neil Stanford and Brighid Pappin have created V-Ignite to turn $60 million from the state government into $120 million for the VSCF.… Read more »

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 »

Funding

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 »

Funding

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 »