Pressure from startups and both sides of federal politics is starting to pay off as super-funds look to invest more capitals into high-growth Australian businesses.
The $42 million in funding was entirely cut by the Abbott government, and the group was swallowed up by the CSIRO earlier this year.
A new $200 million venture fund is set to be launched in Australia, with Square Peg Capital announcing plans to raise the money from its existing investors as well as some new faces.
New York-based venture capital firm Scout Ventures is launching a $40 million Australian branch.
Funding for drone-based startups has hit an all-time high this quarter for the third time in a row and the lucrative market shows no signs of slowing down.
This year has seen an average of 1.3 unicorn companies created each week, with 23 emerging in the last quarter alone, a new Venture Pulse report finds.
Anti-fuel theft startup Scancam has snapped up $500,000 in seed funding in order to roll out its technology across Australia.
Redflow welcomes Tesla to the battery market, as investors including Graeme Wood and Simon Hackett pour in another $16 million5:20PM | Friday, 15 May 2015 | Andrew Sadauskas
Redflow has welcomed the entry of US electric car maker Tesla to the large-scale battery market, after investors poured an additional $16.1 million into the zinc-bromide module (ZBM) maker.
Online education startup Edrolo has raised $2.6 million that will be used to expand its content library to cover more subjects and year levels and increase the number of schools using its products.
Design startup Canva has raised $US6 million ($A7.7 million) in funding from existing investors, which will be used to launch its enterprise product Canva for Work.
Sam Chandler says the growing Australian ecosystem has made a night and day difference to launching a tech company, nearly a decade after he founded Nitro in May 2005.
Equity crowdfunding platform Equitise has purchased a business directory called Rabble, founded by one of New Zealand’s most prominent tech investors, which it intends to roll out in Australia.
Adelaide-based international business accelerator Innovyz has opened applications to the first of its industry-focused nine-month Innovation programs, with applications now open for high growth businesses in the health tech sector.
CSEF might not work the way many advocates say it could in Australia's current startup ecosystem.
Australians do not shy away from taking risks and government support is not necessarily the best way forward for the future of venture capital, according to local startup investors.
Equity crowdfunding platform Equitise launched in New Zealand on Friday, with one startup seeking to use the platform to raise $350,000.
A study by Harvard Business School has found venture capitalists prefer funding handsome men in comparison to female entrepreneurs – even when the content of their pitches is exactly the same.
Cisco has become the first major corporate investor in Blackbird Ventures, with the move paving the way for more investments in promising Australian startups.
Perth startup Fat Hen has launched a “crowd powered” venture capital firm that gives all investors the chance to invest in early stage startups.
Forget about vinyl – the next big thing among audiophiles could be suitcases reinvented as speakers, with a Melbourne-based startup raising $17,370 for the devices (against a target of $16,000) in just days on Pozible.