Former Startmate boss James Tynan has been named a partner at Square Peg, three years after signing on at the VC. Tynan joined Square Peg in 2020 from the Startmate accelerator program, which also makes pre-seed investments in the startups involved. Since then he’s led investments for Square Peg in companies including culture meat venture… Read more »
Square Peg has ditched anonymous feedback during its reviews, with cofounder Paul Bassat to saying it creates an “all care and no responsibility”mindset. Bassat took to LinkedIn to post about the company’s revised review process, a few days before a new ranking list of Australian and New Zealand VCs based on anonymous feedback from founders… Read more »
Amid a plethora of analysis of Australian venture capital funding in recent weeks, one report truly stands out because it captures the numbers by talking to the venture capital investors involved. The recently released 2nd edition of The State Of Australian Startup Funding report, from Cut Through Venture and Folklore Ventures, reveal a record number… Read more »
Three weeks ago, we received an influx of incredibly helpful feedback from founders after Paul Bassat reached out to the community via this LinkedIn post. One recurring theme in the feedback that resonated with me was: telling founders you invest early is actually not that helpful. Founders asked: what does ‘early’ mean? What does ‘seed… Read more »
Australian VC Square Peg Capital has raised US$550 million (A$860m) for its fifth fund, which it plans to use to continue backing its existing portfolio companies in later stage raises. The new fund takes total capital Square Peg has raised in a decade to more than US$1.6 billion (A$2.5bn) using the funds to back companies… Read more »
Airtree has followed in the footsteps of major VCs Square Peg Capital and Blackbird Ventures, cutting the valuation of its holding in tech giant Canva by 36%. The decision drags down the value of its early funds by Sydney investor by 18%. Blackbird and Square Peg had already reduced the value of their stakes in… Read more »
Many people will be asking themselves this question over the next year or two: “Am I completely crazy to be thinking about founding a startup right now?” The answer is a resounding NO! The world is going to need re-imagining on an unprecedented scale over the next few years. We have so many important problems… Read more »
Sydney email marketing platform Vero has raised $4 million in a Series A round from Square Peg Capital, its first funding boost since its launch in 2012.
Link-in-bio startup Linktree slashes local jobs again, shedding 27% of ANZ workforce
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