{"id":38268,"date":"2023-10-20T14:55:18","date_gmt":"2023-10-20T14:55:18","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/australias-vc-market-hits-unicorn-status-with-estimated-2-billion-in-new-money-startupsmart\/"},"modified":"2023-10-20T14:55:18","modified_gmt":"2023-10-20T14:55:18","slug":"australias-vc-market-hits-unicorn-status-with-estimated-2-billion-in-new-money-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/australias-vc-market-hits-unicorn-status-with-estimated-2-billion-in-new-money-startupsmart\/","title":{"rendered":"Australia\u2019s VC market hits \u201cunicorn\u201d status with estimated $2 billion in new money – StartupSmart"},"content":{"rendered":"
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Nearly $2 billion in new venture capital funds has emerged in Australia, turning the local market into a \u201cunicorn\u201d, says Oxygen Ventures investment director Ilya Frolov.<\/p>\n

In a blog post<\/a> on Medium<\/em>, Frolov said VC funds and activity around the country have surged over the past 18 months.<\/p>\n

\u201cJust to give you perspective, prior to June 2015, the early-stage venture industry had an official number of just under $350M,\u201d he said.<\/p>\n

\u201cSince June 2015, there is just under $1.9 billion of new money in the Australian venture industry, with another $800-$900 million announced as raising.\u201d<\/p>\n

With the rapid growth of fast-growing ventures like Canva<\/a>, Vinomofo and Atlassian, Frolov says Australia\u2019s startup sector has been radically transformed over the past five years and is capturing the imagination of more and more investors.<\/p>\n

“Yes, we\u2019ve heard the big names, but there is a long tail of great funds that should get recognition,” he said.<\/p>\n

Collecting information from StartupSmart<\/em> and other public sources, Frolov is creating a growing list of now over\u00a050 VC funds, including ESVCLPs<\/a>, impact investors, private equity and corporate venture funds.<\/p>\n

Frolov\u00a0names well-known funds like Airtree Ventures and BlueSky through to\u00a0newbies on the market.<\/p>\n

“I feel this will be a working document and intend to put this in a Google Doc that everyone can access and I can continually add and evolve. Please send me any corrections or additions I may have missed out on,” he said.<\/p>\n

Check out the full list here<\/a>.<\/p>\n

Follow StartupSmart on<\/em>\u00a0Facebook<\/a>,<\/em>\u00a0Twitter<\/a>,\u00a0LinkedIn<\/a>\u00a0and iTunes<\/a>.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Nearly $2 billion in new venture capital funds has emerged in Australia, turning the local market into a \u201cunicorn\u201d, says<\/p>\n","protected":false},"author":2,"featured_media":61740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/38268"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=38268"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/38268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/61740"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=38268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=38268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=38268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}