After announcing its launch last November, investment bank Investec has raised $45 million to reach the first close of its Emerging Companies Fund 1.
Singapore-based venture capital firm Qualgro has announced it has completed the first close of its second fund, with US$60 million of the US$100 million ($137 million) target committed.
One of Jason Calacanis’s personal theories is that a great founder can come from anywhere, he said, and the founders he met in Australia surpassed his expectations. One note, though: think bigger.
Despite receiving less funding than male-founded ventures, women-owned companies are generating more revenue, a study has found.
Airwallex has secured a further US$6 million ($8.73 million) in follow-on Series A funding from local VC firm Square Peg Capital.
Mentorloop has raised $725,000 in funding from venture capital firms Blackbird Ventures, Rampersand, and Tempus Partners, and a number of angel investors.
Right Click Capital’s Benjamin Chong on why founders should look beyond money when finding investors
Looking to further the conversation about smart money, founder-friendly investors, and how founders can make investors work for them is Benjamin Chong.
Far too many startups approach their fundraising round in panic mode. They’re not ready, their businesses are not ready, and they don’t know what they need.
The MDEC has announced the development of new digital startup hubs and incentives that it hopes will attract Australian startups to Malaysia.
Melbourne online beauty retailer Adore Beauty has bought back the 25 percent stake it sold to Woolworths less than two years ago, with founder Kate Morris saying “our respective goals and priorities were no longer as aligned going forward as they were at the start”.
Startup incubator Pollenizer has partnered with CRDC and FRDC to host Rural.XO microhacks, a series of regional workshops.
A property is purchased and put into a trust, then split into 10,000 units – or bricks – which can then be bought by investors through Brickx.