Prota Therapeutics CEO Prof Mimi Tang.

Allergies biotech startup Prota Therapeutics innoculated with $32 million in Series A1 raise

- January 17, 2024 2 MIN READ

Melbourne biotech startup Prota Therapeutics has raised US$21 million (A$32m) ahead of a Phase 3 clinical trial for its oral therapy treatment for peanut allergy. The round, a combination of equity and debt financing, was led by Singapore-based SPRIM Global Investments (SGI). Australian VC OneVentures was an early backer of the biotech and one of… Read more »

Godfrey Dinh, Futurerent

Rental income lending fintech Futurerent bags $50 million in debt funding for US launch

- January 11, 2024 2 MIN READ

Landlord borrowing alternative Futurerent, which lends property investors up to $100,000 of their rental income in advance, has secured $50 million in debt funding and is launching a new US division of the brand called Downpayments. The venture debt was provided by US VC Second Century Ventures and California-based lender Partners for Growth (PFG), which has… Read more »

Alan Watters

HSBC launches venture debt offer for Australian scaleups

- November 27, 2023 2 MIN READ

HSBC Australia has added to the growing options for Australian companies seeking capital launching a venture debt product late stage venture capital-backed scaleups. It’s the first time a major bank has offered venture debt locally, with the option only appearing in recent years for early stage startups via the likes of OneVentures, Lighter Capital, San… Read more »

techlend, Jacobs, Aaron Bassin

Bridging loan fintech takes on $50 million venture debt deal

- August 2, 2021 2 MIN READ

A non-bank lender looking to offer same-day bridging loans for property buyers has raised $50 million in venture debt. Sydney-based TechLend markets itself as “Afterpay for home loans” offering “interest-free”, paperless, bridging finance with same-day pre-approval. San Francisco lender Partners for Growth, which has a Sydney office, has delivered the $50 million in venture debt… Read more »

Dr Kate Cornick

LaunchVic is getting into the VC business through venture debt

- December 14, 2020 < 1 MIN READ

The Victorian government’s startup support arm, LaunchVic, has invested $300,000 new venture debt fund targeting bootstrapped revenue-positive startups. The LaunchVic agreement with Tractor Ventures is a new way of working for LaunchVic with the funds being provided as a loan rather than a grant. LaunchVic CEO, Dr Kate Cornick said the launch of the new… Read more »


VENTURE DEBT: Friend or foe for startup founders?

- December 13, 2019 3 MIN READ

  A growing number of start-ups are accessing venture debt to fund the growth of their business. With the primary appeal of limiting equity dilution, it’s easy to see why founders might jump on board the venture debt train. But venture debt has been linked to a number of collapsing startups both here and in… Read more »


Airbnb property management startup Hometime just scored $6 million from a new VC fund that offers debt

- June 18, 2019 2 MIN READ

William Crock, co-founder of Hometime. Sydney-based Airbnb property management services company Hometime has landed a $6 million debt and equity funding deal with Australian technology venture capital firm OneVentures It’s the first deal from the new $100 million OneVentures Fund, launched less than 12 months ago. The fund is a partnership between OneVentures and Viola,… Read more »