Fieldfare ( Turdus pilaris) versus Blackbird (Turdus merula) - struggle for food
Venture Capital

Is there a bit of nark and envy creeping into Australian venture when it comes to Blackbird?

- December 5, 2023 3 MIN READ

It seems all is not rainbows and unicorns in Australian venture capital. A bit of the green-eyed monster is emerging against market leader Blackbird Ventures, according to today’s AFR. The business paper has been talking to “industry sources”, anonymous founders and VC figures who won’t go on the record because they “need to eat”, painting… Read more »

Uniseed CEO Peter Devine and University of Newcastle's Warwick Dawson
Venture Capital

Pioneering VC fund Uniseed doubles its backers as five universities, including Monash, UTS and Macquarie, chip in

- November 15, 2023 2 MIN READ

Australia’s oldest venture fund, university-backed Uniseed, has doubled its research partners from five to 10 as it looks to back more startups focused on research commercialisation. Joining its founding ‘sandstone’ uni group – Queensland, NSW, Melbourne, and Sydney, plus science agency CSIRO, are Monash as a full partner, alongside a collaboration partnership of four NSW universities… Read more »

Scrooge McDuck
Venture Capital

LaunchVic is waving $300,000 cheques at VCs to get them to set up shop in Victoria

- October 31, 2023 2 MIN READ

Victoria’s startup agency, LaunchVic, is hoping to lure more venture capital to south, offering VC funds up to $300,000 in backing if they put up their shingle in the state. Eligible funds can either new or “new to Victoria,” under the incentive program, providing existing fund managers with operations elsewhere to set up local offices… Read more »

Investible CEO Rod Bristow
Venture Capital

Investible doubles down on early-stage climate tech VC with Indonesian partnership

- October 30, 2023 2 MIN READ

Sydney VC fund Investible is gearing up to launch a new global climate tech fund in a partnership with Mandiri Capital Indonesia (MCI). MCI is the VC subsidiary of Indonesia’s largest financial institution, Bank Mandiri. The joint venture Mandiri-Investible Global Climate Tech Fund will support and back climate tech startups in the Southeast Asia and… Read more »

Venture Capital

Brisbane SaaS investor VentureOn Partners moves into proptech, acquiring Story Bridge Ventures

- October 23, 2023 2 MIN READ

Queensland software-as-a-service (SaaS) investor VentureOn Partners has acquired fellow Brisbane VC Story Bridge Ventures as it looks to move into the proptech (property technology) and contech (construction technology) spaces. VentureOn, cofounded in 2023 by four SaaS founders and operators, specialises in software companies, offering working capital and operational experience from a team of software tech… Read more »

Mercu cofounders Elliott Gibb and Jascha Zittel
Venture Capital

Asian VC Sequoia India selects two Australian startups for its accelerator after rebrand and split from US

- October 23, 2023 2 MIN READ

AI-based workforce automation startup Relevance AI, and employee engagement platform Mercu are the Australian companies selected for Surge, the accelerator program run by the now rebranded Sequoia India. The Surge cohort of 13 includes seven startups from India, four from Southeast Asia, and the two Australians, chosen from around 4,800 applications for the 16-week program,… Read more »

Mike Abbott
Venture Capital

Early-stage investor Antler lands $60 million 2nd fund as Uber Australia OG Mike Abbott signs on as partner

- October 5, 2023 2 MIN READ

Early-stage venture capital firm Antler says it has commitments approaching A$60 million at the final close of its second Australian fund Investors in Australian Fund II include Canberra Airport billionaire Terry Snow’s Snow Foundation, Flight Centre co-founder Geoff Harris through his family office and pioneering Melbourne early-stage investor Roger Allen. Antler launched in Australia in… Read more »

Canva cofounders
Venture Capital

Investments regulator APRA thinks Canva’s $39 billion valuation is on the money

- September 4, 2023 3 MIN READ

Canva’s $39 billion valuation has been given the tick of approval by the government financial watchdog, the Australian Prudential Regulation Authority (APRA), in a sign that investors have been getting it right when backing private tech companies. The regulator ran its ruler over Canva, which celebrated the 10th anniversary of its launch last week, as… Read more »

money tree
Venture Capital

New analysis reveals a key source of early stage startup funding, family offices, have boomed in the last decade

- August 23, 2023 3 MIN READ

The growing wealth of the top end of town has seen an explosion in the creation of family offices over the last decade, according to new analysis.  That boom is good news for anyone looking to work in the space, since it’s a lucrative role according to the KPMG Australian Family Office Compensation Benchmark Report… Read more »

Rosterfy cofounders, Shannan Gove, Bennett Merriman and Chris Grant
Venture Capital

ASX-listed VC Bailador Technologies results reveal a mixed bag for investors

- August 16, 2023 2 MIN READ

While the failure of online retailer Brosa was a $4.5 million hit to the bottom line of ASX-listed venture capital firm Bailador Technologies Investments (ASX: BTI), the sale of healthtech startup InstantScripts was a massive win for investors in a difficult 12 months revealed in the company’s annual results today. Ironically, it was another ASX-listed… Read more »

Emily Casey, Jaddan Comerford, Anthony Zaccaria, cofounders of Side Stage Ventures.
Venture Capital

Linktree cofounders back new $15 million VC fund

- August 7, 2023 < 1 MIN READ

Early stage investment syndicate Side Stage Ventures, which is backed by multiple founders, including Linktree cofounders Anthony and Alex Zaccaria, has moved into mainstream VC 15 months on, raising $15 million for its first fund. The Zaccaria siblings, along with What the Health founder Emily Casey, UNIFIED Music Group’s Jaddan Comerford, and others, originally launched… Read more »