Sydney venture capital firm Investible has closed its second early-stage investment fund oversubscribed, with AU$51.6 million in committed capital. The VC hit $35 million for the Fund 2 in June. The final figure more than doubles the $22.5 million raised for Fund 1 in 2019, delivered in 9 months – half the timeframe of its… Read more »
Sydney seed investment firm Investible is on the hunt for $100 million to launch a climate tech venture capital fund. The fund will invest in early-stage climate-focussed technology businesses, with 50% capacity to participate in follow-on rounds. It will predominantly focus on Australian businesses, but has up to 30% earmarked for international ventures. Investible CEO… Read more »
The soaring 56-storey Salesforce Tower at Sydney’s Circular Quay will be home to a new innovation hub focused on tackling climate change. Named ‘Greenhouse’, the hub spans 3,800sqm on first three floors at 180 George Street and is due to open next year. It will offer affordable office space for climate tech startups and scaleups,… Read more »
Early stage venture capital firm Investible has hit the first $35 million close target on its second fund in just three months. The Sydney-based VC has a target of $50 million for its new fund and recently installed CEO Rod Bristow, whose first job was the raise, said the speed and success of the initial… Read more »
Melbourne proptech startup Rental Heroes has raised $1 million in seed funding for its AI-based tenant request SaaS platform. Seed investment group Investible led the round, with existing investor, Artesian, once again backing the two-year-old startup alongside US-based Hustle Fund and Morten Birk Belling, managing director of Menulog ANZ. Rental Heroes is pioneering the use… Read more »
Entrepreneur and angel investor Trevor Folsom is joining UNSW Founders program as Entrepreneur in Residence to support early stage startups. Folsom is co-founder of Investible as well as Club Investible – its global network of active early stage investors – making more than 80 direct investments. He was an early investor in Canva and chairs… Read more »
If we want the best bang for our economic stimulus buck, we need young workers in startups As we crawl towards our new definition of ‘normal’, one thing that’s become clear is that ‘recovery’ from COVID-19 isn’t a single goal; it’s a thousand small wins we will need to reach at different speeds. Despite the… Read more »
Pitch competitions are an ecosystem darling for a number of reasons. They provide startups with additional opportunities for exposure and capital and help ensure founders can effectively communicate their business in a short amount of time, including to audiences that might not be familiar with their industry or sector. They also provide a way for… Read more »
Muso co-founders Alan-Jin, Brandon Crimmins and Jeremiah Siemianow. Photo: supplied Muso, an online marketplace app for emerging musicians find live gigs, and help venues recruit new talent has raised $1.5 million in seed funding. The support came from Investible a new impact investment fund Alberts Impact Capital, created by the legendary music publishing business Alberts (who… Read more »
IndigiSpace’s Greg Hodgkins (centre) with Donna Ingram and Joanne Cassady. Early-stage investment firm Investible has gifted its founder and startup accelerator program to two Indigenous-focused business development providers, Indigispace and The Cultural Intelligence Project, training them up to independently deliver the programs to Aboriginal founders On the east coast, IndigiSpace founder Greg Hodgkinson is program coordinator, supported by trainer Brendan… Read more »
It’s rarely easy for angel investors to figure out which startups are worth the time and investment. Once you’ve built a reputation as an active and trusted investor, you may find yourself buried under a vast number of approaches, all which require you to do due diligence research or to spend an inordinate amount of… Read more »
Inspace XR co-founder Justin Laing Virtual reality startup Inspace XR, which creates virtual mock-up of a new houses to show prospective buyers and builders, has closed $750,000 in seed funding, led by Investible, just weeks after it won the Sydney leg of the VC fund’s Investible Games. It’s the second $750,000 raise for in three… Read more »
Creel Price’s angel investment firm, Investible, is on the hunt for champion tech startups seeking Series A or B capital, to be part of China’s annual Overseas Talent Entrepreneurship Conference (OTEC) this July. Now in its seventh year, OTEC in Beijing is one of the world’s largest VC events, and last year attracted more than… Read more »
The City of Sydney has partnered with Investible to run a Retail Innovation Program, an accelerator program aimed at helping traditional bricks and mortar retailers get online.
If the capital raising process drags on founders get totally distracted from running their business, start panicking, and stress about running out of cash.
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