In a year marked by rising inflation, economic chaos, imploding financial markets, a tighter VC market and retreating institutional investors, many entrepreneurs are likely wondering how they can possibly convince investors to buy into their big ideas. It’s a conundrum faced by even successful executives like Bob Iger, a 15-year CEO of entertainment giant Disney… Read more »
Australian venture capital firm AirTree is opening up its previously invitation-only angel investor program, Explorer in a bid to attract more women and others to create greater diversity in the VC investment community. The Explorer program launched in 2020 in a bid to address declining angel investment. Since then more than 100 Explorers have completed the… Read more »
Motoring association the NRMA is a cornerstone investor in a new agrifood tech fund backing startups focused feeding the world. The sustainability-focused agriculture and food technology venture fund Mandalay Fund I by Mandalay Venture Partners now has more than $21 million in commitments towards its first close, with an ultimate target of $50 million. NOVONIX co-founder… Read more »
Three female-founded venture capital firms have teamed up to form WinVC, an initiative focused on fostering the success of women in the VC industry. The triad involves the founders of Woolworths’ venture capital fund W23, OneVentures and Jelix Ventures. Amid an ongoing debate around female participation in the investment community, women-led VC firms now make… Read more »
NSW Treasurer Matt Kean has confirmed he’ll allocate $10 million towards a venture capital fund to support female founders as part of the 2022-23 state budget later this month. The fund will be named in honour of pioneering Sydney fashion designer, businesswoman and philanthropist Carla Zampatti, a founding member of Chief Executive Women. Kean said… Read more »
Australian VC firm, Brandon Capital Partners, has just raised another $210 million to invest in commercialising medical research, and is already on the hunt for another $250 million as it edges towards $1 billion in science investments. The 5th Medical Research Commercialisation Fund, MRCF5, raised AU$210 million from existing investors, taking the total in the… Read more »
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