Canberra’s startup community has a new local venture capital fund, with ACTivate Capital securing an initial close of $23 million towards a $50m target. The Early-Stage Venture Capital Limited Partnership (ESVCLP) fund will have a dedicated investment pipeline to commercialise local research and help Canberra-grown businesses scale into global markets. ACTivate Capital will invest at… Read more »
Adelaide VC Eastend Ventures has secured $10 million in commitments for its debut fund, which will be the first in South Australia as an Early Stage Venture Capital Limited Partnership (ESVCLP). The $50 million Eastend Ventures Fund 1 intends to invest in up to 30 early-stage, high-growth, business-to-business (B2B) startups across South Australia, Western Australia… Read more »
The Slingshot Venture Fund has been awarded unconditional Early–Stage Venture Capital Limited Partnership (ESVCLP) status by the Federal Government, which will see it exempt from the standard income and capital gains taxes for investors.
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