Prof Shawn Kook and Goran Bozic
Climate Tech

Investible teams up with UNSW to back climate tech uni spin-offs

- December 4, 2024 2 MIN READ

Sydney early-stage VC Investible will partner with UNSW’s Trailblazer for Recycling and Clean Energy (TRaCE) program in a co-investment partnership to back climate tech startups emerging from the university. The Technology Commercialisation Venture Scheme will target Seed and Series A investments into UNSW climate-tech spin-offs and companies supported through TRaCE. The first-of-its-kind for an Australian… Read more »

People

Former science and innovation minister Arthur Sinodinos joins deep tech VC Salus Ventures

- December 4, 2024 2 MIN READ

Former spy boss Paul Symon, Australian Missile Corp CEO Rear Admiral Lee Goddard and former Senator Arthur Sinodinos have signed on with VC fund Salus Ventures as strategic advisors as the firm sharpens its focus on defence and national security. The Sydney-based $40 million fund, launched in 2023 and led by former Salesforce Ventures Australia… Read more »

Farm drone monitoring apple crop
Venture Capital

Hort Innovation and VC Artesian will plough $60 million into startups with a new agtech fund

- November 25, 2024 2 MIN READ

Not-for-profit research and development company Hort Innovation is teaming up with venture capital firm Artesian for a new $60 million VC fund to back early-stage startups tackling challenges for fruit, vegetable and nut farmers. Hort will chip in around $24 million to the Hort Innovation Venture Fund, leveraged by co-investments sourced by Artesian, for a… Read more »

Aona AI Co-founders Bastien Cabirou (right) and Salim Sebkhi (left)
Antler Australia

Antler Investor Memo Series: Aona AI gives corporates the power to implement secure, ethical AI

- November 20, 2024 5 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »

Ben Gust and Kristin Vaughan
Climate Tech

Queensland Investment Corporation tips $10 million into climate tech VC Virescent Ventures

- November 19, 2024 2 MIN READ

A recent change of government in the Sunshine State has not slowed the Queensland Investment Corporation’s (QIC) enthusiasm for backing venture capital firms eager to invest in local startups. QIC joined Westpac and the Clean Energy Finance Corporation (CEFC) as a cornerstone investor in Virescent’s new $200 million climate tech fund (Fund II), reportedly tipping… Read more »

Tin Alley ventures
Politics

Breakthrough Victoria posts $3 million loss

- November 4, 2024 3 MIN READ

The Victorian government’s controversial $2 billion venture capital fund, Breakthrough Victoria, posted a $3 million loss in its third year of operation. The funding body, which saw several directors depart in 2024, with CEO Grant Dooley also heading to the exit after just three years, copped a $360 million haircut in the Victorian budget earlier… Read more »

Antler Australia

Antler Investor Memo Series: Braiv makes multi-language videos simple, affordable & scalable

- October 14, 2024 4 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »

Dr Margaret Matanda & Tando Matanda
Business

Mother-daughter cofounders launch Musa to end traditional pitch decks for funding

- October 11, 2024 2 MIN READ

Mother-daughter duo Tandadzo (Tando) Matanda and Dr Margaret Matanda will step on stage founder at SXSW Sydney this Tuesday as the founders of fintech platform Musa.  Musa is the world’s first intelligent venture assessment platform, tackling the funding process for startups and small and medium enterprises (SMEs). Musa Ventures equips founders with the digital tools… Read more »

Climate Tech

Westpac & CEFC underpin new $200 million climate tech VC fund

- October 8, 2024 2 MIN READ

Specialist climate tech investor Virescent Ventures is halfway towards its goal of creating a new $200 million fund thanks to backing from  Westpac and the government-backed Clean Energy Finance Corporation (CEFC). Virescent Ventures hit the $100 million first close of its second climate technology investment fund (Fund II), following on from the first portfolio, managed… Read more »

Eric Gao
Business

Australian startup investor Boman Group grabs a $10 million slice of OpenAI

- October 7, 2024 2 MIN READ

OpenAI’s gobsmacking US$6.6 billion (A$9.5 billion) raise, announced last week at a US$157bn (A$230bn) valuation, has a small slice of Australia on the cap table, with Melbourne fund manager Boman Group chipping in A$10 million. The record raise for the San Francisco-based artificial intelligence (AI) startup was led by Josh KuschUS VC Thrive Capital with… Read more »

Antler Australia

Antler Investor Memo Series: Balo is creating a 24/7 help desk for enterprise software users

- September 26, 2024 4 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »