Accelerator

Antler in Australia residency 13 kicks off with more than 90 founders across 3 capitals

- February 18, 2025 4 MIN READ

The Sydney Startup Hub opened to Antler in Australia’s 13th residency last week, bringing together over 90 ambitious founders from across Sydney, Melbourne, and Brisbane. Over the next few months, these entrepreneurs – both experienced and new – will test, build, and launch ventures in these three cities hoping to create a new generation of… Read more »

Investible CEO Rod Bristow
People

Former Investible boss Rod Bristow signs on as Breakthrough Victoria’s new CEO

- February 11, 2025 2 MIN READ

The Victorian government’s $2 billion investment fund, Breakthrough Victoria has appointed Rod Bristow as its new chief executive officer. Bristow previously spent four years as CEO of early stage and climate-tech VC Investible, building out its Asian presence, and as well as raising a $32 million climate tech fund a $51.6m 2nd early-stage fund, and a new… Read more »

Other tech

Steve Baxter’s new defence-focused VC fund locks and loads $10 million in first close on $60m target

- February 6, 2025 2 MIN READ

Brisbane-based specialist defence technology venture capital firm, Beaten Zone Venture Partners, has secured more than $10 million in commitments, to call first close on the fund. The figure takes the fund to its final condition for ESVCLP (Early Stage Venture Capital Limited Partnerships) status, with its first capital call underway this week.   Founder and… Read more »

Dr Kate Cornick
Business

LaunchVic is offering a $300,000 sweetener to VCs keen to set up shop in the state to back local startups

- January 30, 2025 2 MIN READ

Victorian startup agency LaunchVic is offering grants of up to $300,000 to venture capital funds and angel groups to set up in Victoria and back local startups. To qualify, they’re either just kicking off or “new to Victoria”, which means interstate VCs looking to put boots on the ground in the southeast can apply for… Read more »

Antler Australia

Antler Investor Memo Series: Lyngo AI answers the healthcare communication crisis with AI receptionists

- January 16, 2025 3 MIN READ

Early stage investment company Antler in Australia recently backed a new cohort of startups as part of its ongoing residency that builds great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and… Read more »

Australian Open, Rod Laver Arena
Topic

Tennis Australia’s VC fund aces first close with nearly $50 million from blue chip investors

- January 13, 2025 2 MIN READ

A who’s who of Australian investors have backed a new sports VC fund by Tennis Australia’s AO Ventures, committing around $49 million to its first close. They include Mark Nelson from Caledonia, Tanarra’s John Wylie, Melbourne-based businessman Mark Healey, Ashok Jacob from Ellerston Capital and Robyn and Victoria Denholm’s family office, Wollemi Capital Group. International… Read more »

Antler Australia

Antler Investor Memo Series: SeeStone is replacing guesswork with AI to reduce fashion waste and boost retail profits

- December 12, 2024 4 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »

Black Swan, Perth
Politics

Less digging, more thinking: Western Australian startup report calls for greater support for AI, biotech and data analytics

- December 7, 2024 3 MIN READ

A report into the state of play for Western Australia’s startup sector has warned the state risks slipping behind its East Cost rivals unless there’s a great focus on reforms and funding for the sector. The report, ‘Dare to Venture: Startups and the innovation ecosystem in Western Australia’, by the Bankwest Curtin Economics Centre argues… Read more »

Purpose Ventures partners Derek and Kylie Gerrard
Funding

Western Australia launches $150 million startup investment program, backing 7 VCs with $45m

- December 5, 2024 2 MIN READ

Seven venture capital firms will look to invest up to $150 million in Western Australian startups underpinned by a $45 million commitment from the state government’s WA Venture Capital initiative (WAVC). Premier Roger Cook announced an additional $15 million for WAVC at West Tech Fest in Perth, topping up the government’s initial $30m commitment. Cook… Read more »

Peter Leeson
Funding

Birchal’s new LaunchVic-backed investment syndicate has helped raise $1.9 million for hardware startups in 90 days

- December 5, 2024 2 MIN READ

Crowd-sourced funding (CSF) platform Birchal’s new Birchal First Syndicate has turbocharged $1.9 million in funding for Victorian hardware technology startups in 90 days since its launch. The angel syndicate, backed by a $300,000 LaunchVic grant, combines its lead investments with retail investor support on the crowdfunding platform’s equity capital raising campaigns. While battery-powered aircraft engine… Read more »

Prof Shawn Kook and Goran Bozic
Climate Tech

Investible teams up with UNSW to back climate tech uni spin-offs

- December 4, 2024 2 MIN READ

Sydney early-stage VC Investible will partner with UNSW’s Trailblazer for Recycling and Clean Energy (TRaCE) program in a co-investment partnership to back climate tech startups emerging from the university. The Technology Commercialisation Venture Scheme will target Seed and Series A investments into UNSW climate-tech spin-offs and companies supported through TRaCE. The first-of-its-kind for an Australian… Read more »

People

Former science and innovation minister Arthur Sinodinos joins deep tech VC Salus Ventures

- December 4, 2024 2 MIN READ

Former spy boss Paul Symon, Australian Missile Corp CEO Rear Admiral Lee Goddard and former Senator Arthur Sinodinos have signed on with VC fund Salus Ventures as strategic advisors as the firm sharpens its focus on defence and national security. The Sydney-based $40 million fund, launched in 2023 and led by former Salesforce Ventures Australia… Read more »