Australia needs to reform the venture capital system to enable more companies to access local private equity, according to a submission by capital peak body Australian Venture Capital Association Limited (AVCAL).
Yet another well-meaning government initiative is going to have negative side effects for the Aussie startup and venture capital community. I want to make sure the right people in the government know about it.
Venture capitalist Mark Carnegie will host a second live pitching event for 10 startups and a host of investors in early May in a bid to connect local startup talent to the capital they need to stay in the country.
Blackbird Ventures has finished raising its first $25 million, which it will use to back early stage technology start-ups with up to $500,000 each.
The head of the Abbott government’s financial system inquiry, David Murray, has called for a more dynamic venture capital market.
The World Cup Tech Challenge is seeking 30 startups from around the world to pitch to hundreds of venture capital investors and product experts at their Silicon Valley conference in May.
Dextr, an Australian startup offering an alphabetically-ordered keyboard for mobile phone, has been accepted from over 1400 applications to join an accelerator program in Brazil.
Mark White’s Tasty Tadpole game took two years to build as he crammed in the coding around a full-time job in advertising.
An accelerator with $1 million to invest in 10 financial tech start-ups has been launched in Sydney this week by Communications Minister Malcolm Turnbull.
The start-up founders who graduated last night from Queensland’s ilab technology incubator Germinate program have had an intense three months of planning and pivots.
Seven founders will pitch their start-ups tonight at the demo event of Newcastle accelerator program Slingshot.
MP High Tech Solutions, a start-up developing thermal imaging sensors for smart buildings and electronics, was celebrated as the most promising start-up at an angel investors’ dinner run by incubator Innovation Bay last night.
Silicon Lakes, a Gold Coast incubator and co-working space has announced a trip to Silicon Valley with several local start-ups set to launch in the coming months.
MYOB co-founder Craig Winkler among early investors, as Practice Ignition raises $650,000 seed funding2:04PM | Friday, 21 February 2014 | Gavin Lower
Practice Ignition, an Australian firm that helps accountants to streamline their interaction with clients, has raised $650,000 in seed funding from investors including MYOB co-founder and early Xero investor Craig Winkler.
Google has this week launched an investment fund targeting established start-ups seeking money to grow.
Bigcommerce has a team of 300 and has raised $75 million to fuel its ambitious growth plans. But to reach any of these goals, its founders had to overcome their fear of raising capital.
Artesian Ventures has launched its VentureCrowd platform with over 200 registered investors and 36 start-ups.
IBM management recently introduced a crowdfunding site for projects within their company. It’s an idea you might be able to replicate on a smaller scale within your business.
A leading angel investor has called for a reality check for start-ups, advising against rushing into deals and prioritising speedy decisions over building sustainable relationships.
New capital committed to Australian venture capital and later stage private equity funds slumped by $2.4 billion in fiscal 2013, down 77% on the previous financial year, the Australian Bureau of Statistics has revealed.