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 »


Australia’s new biggest VC fund is worth $500 million

- August 4, 2020 < 1 MIN READ

Venture capital firm Blackbird Ventures has landed support from some of the countries biggest superannuation funds as well as the Commonwealth’s Australia’s sovereign wealth fund to build a record $500 million investment fund – its fourth. The Sydney-headquartered VC last raised $261 million in 2018 and has now placed $1.3 billion in the startup sector… Read more »