With officials from nearly 200 countries having gathered for COP26, the well-known annual United Nations Climate Change Summit, Environmental, Social and Governance (ESG) issues are top of mind for business leaders. In a world that is rife with division as humanity grapples with changes and challenges caused by an ongoing global pandemic, ecosystem collapse, supply… Read more »
Sydney technology and venture capital firm Lakeba is setting up shop in the US as part of its ongoing global expansion plans. The eight-year-old tech investor is opening an office in Austin, Texas. The push into the States is being led by two tech startups Lakeba has already backed: document verification platform Ezidox and in-app… Read more »
Early-stage venture capital firm ReGen Ventures is raising US$50 million (A$67m) for its first fund as it looks to back startups with a focus on regenerative technologies. The VC firm, formed in early 2020 by former investment banker and hedge fund manager, Dan Fitzgerald, has a global focus, with its Australian base in the holiday… 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 »
Sydney venture capital fund Black Nova has emerged from the shadows to launch officially this week with $10 million in its kitty and 23 companies already in its portfolio. The VC was co-founded by Matt Browne and Darcy Naunton following their successful exit from workplace health, and safety software platform Donesafe in 2020. Black Nova‘s fund… Read more »
TEN13, the early-stage technology investment syndicate co-founded in 2019 by Steve Baxter, says it’s on track to deploy more than $100 million in its first three years of operation. The Queensland venture fund, which has a deal-by-deal model, has already raised and invested $30 million into 14 break-out technology companies across the globe including Australia’s… Read more »
Welcome to Giant Leap’s Small Steps, a newsletter offering global insights and news on the impact startups landscape. We’ll be sharing an edited version with Startup Daily readers every fortnight. Giant Leap is Australia’s first impact venture fund, and they use this newsletter to surface the ideas and businesses that intrigue and inspire them and… Read more »
Today, September 9, is RU OK Day. R U OK? inspire and empower everyone to meaningfully connect with the people around them and start a conversation with those in their world who may be struggling with life. You don’t need to be an expert to reach out – just a good friend and a great listener. … Read more »
Serial entrepreneur Rebekah Campbell seemed to be living her best life. She founded Posse.com. But the one project she hadn’t built to minimum viable product was a life partner and family. In fact, she hadn’t been on a date for 10 years. So she decided to apply her experience in building startups to finding Mr… Read more »
Australian insurtech Open has raised a $31 million series B as it looks to launch in New Zealand and the UK in the 12 months. The round was led by Kiwi VC Movac and Latitude in the UK. Existing investor AirTree Ventures backed the scale-up once again, taking the total capital raised to $53 million.… Read more »
Impact VC fund, Giant Leap has raised more than $15 million in less than four weeks for a second fund, Giant Leap II. Many of the backers in the original fund, launched in 2016, have invested in the new fund. New supporters include QBE Australia and Pexa chair Mark Joiner and Bookish co-founder Peter Haasz.… Read more »
Venture capital investor OneVentures is sharpening its focus on ESG (environmental, social, governance) principles in the startups it invests in to drive change in the sector. Managing director Dr Michelle Deaker, said it’s time for Australian VC firms to align their investment strategies to responsible investment practices and recognise that where they put their moment… Read more »
Medical technology startup Seer has raised $34 million in a series A as it looks to expand internationally. Medtech giant Cochlear, multi-family office EWM Group, SG Hiscock and impact investor Giant Leap backed the round. Seer’s technology is focused on clinical monitoring at home, developing devices checking key physiological signals, such as brain, heart and… Read more »
A medtech startup that helps aspiring doctors practice their clinical reasoning skills with AI-powered virtual patients has raised a $5 million seed round. The investment in Oscer was led by Blackbird, joined by January Capital, Inventures, Archangel Ventures and angel investors Brendan Hill, and Jeff Bargman and values the business at $20 million. The University… Read more »
Welcome to Giant Leap’s Small Steps, a newsletter offering global insights and news on the impact startup landscape. We’ll be sharing an edited version with Startup Daily readers every fortnight. Giant Leap is Australia’s first impact venture fund, and they use this newsletter to surface the ideas and businesses that intrigue and inspire them and… Read more »
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