Seedcamp, the leading European fund for tech start-ups, has flagged its intention to expand to Australia, after raising a further two million euros, or $2.6 million, for its investment war chest.<\/p>\n
<\/span><\/p>\n <\/p>\n The latest capital raising effort, from investors including ACT Venture Capital, Bertelsmann Digital Media Investments, GIMV, Reed Elsevier Ventures, Samos and HENQ, follows a three million euro funding round last year.<\/p>\n <\/p>\n Seedcamp has also struck partnerships with 500 Startups, a US start-up incubator, and AngelList, a network that connects angel investors with budding entrepreneurs.<\/p>\n <\/p>\n It is also set to launch an \u201cexperts in residence\u201d program, that will match leading start-ups with relevant advisors, as well as further utilise mentor help from its 34 corporate sponsors, which include Facebook and Google.<\/p>\n <\/p>\n Seedcamp, which holds regular events across Europe, allows early-stage web and mobile businesses to apply for funding and help from a network of 1,200 mentors.<\/p>\n <\/p>\n The venture will typically take an 8-10% stake in successful start-ups, in return for 50,000 euros in investment.<\/p>\n <\/p>\n Several Australian start-ups have applied to get funding from Seedcamp, despite its far-flung location.<\/p>\n <\/p>\n Kirsten Campbell, general manager of Seedcamp, tells StartupSmart that the organisation was keen to expand the concept to the Asia-Pacific region.<\/p>\n <\/p>\n \u201cWe’ve actually had a fair amount of traction with start-ups in Australia or work closely with Australian founders based in London,\u201d she says.<\/p>\n <\/p>\n \u201cDuring Mini Seedcamp Ljubljana we had a team called GroupM8 fly over from Australia to attend, one of the founders of our company Nuji is based in Australia and the founders of EDITD are Australian.\u201d<\/p>\n <\/p>\n \u201cWe’d certainly be interested in partnerships covering the Asia-Pacific region.\u201d<\/p>\n <\/p>\n “We’re always open to partnerships in Asia-Pacific but haven’t got anything concrete yet.”<\/p>\n <\/p>\n “I doubt we’ll make it to Australia in 2012 but we’d certainly love to host a Mini Seedcamp there if the volume of start-ups applying from there increased.”<\/p>\n","protected":false},"excerpt":{"rendered":" Seedcamp, the leading European fund for tech start-ups, has flagged its intention to expand to Australia, after raising a further<\/p>\n","protected":false},"author":1,"featured_media":59847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43363"}],"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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=43363"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/43363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/59847"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=43363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=43363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=43363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}