A recent change of government in the Sunshine State has not slowed the Queensland Investment Corporation’s (QIC) enthusiasm for backing venture capital firms eager to invest in local startups. QIC joined Westpac and the Clean Energy Finance Corporation (CEFC) as a cornerstone investor in Virescent’s new $200 million climate tech fund (Fund II), reportedly tipping… Read more »
The Queensland government’s new venture capital development fund has backed five VCs: Antler, Five V Capital, Main Sequence, Mandalay Venture Partners and Salus Ventures, with a combined $130 million investment. Treasurer and Minister for Trade and Investment Cameron Dick said the deals will give Queensland startups access to up to $200 million in new matched… Read more »
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