VC

There’s still cash in the venture capitalists’ coffers. Despite the effects of the global pandemic, a record amount of venture capital was invested into Australian startups in 2020, with 92 deals recorded so far this year, according to data from KPMG.  KPMG’s latest Venture Pulse report shows that startup investment

Australian female founders have only attracted $3 million in funding compared to their male counterparts who have raised an excess of $50 million, according to a survey of 63 VC-backed Australian startups. The report, Australian Startup Salary Guide 2019/2020 from startup talent and growth firm Think & Grow and Amazon

Workplace solutions company SafetyCulture has secured Series C-1 funding of $60.5 million to assist the company with additional hires and accelerate business development. The capital will also allow the business to reward early employees, allowing them to cash out some of their vested equity.   The capital raising values SafetyCulture at

Australian startups are cashing bigger cheques from venture capital investors, but the money is increasingly going to a smaller group of later stage companies.  Overall Australia’s venture capital funding in 2019 rose to US$1.145 billion, up from US$1.033 billion in 2018 according to KPMG’s latest Venture Pulse report. Over recent

CX

Year-end articles and blog posts about hot trends are popular. People enjoy reading speculative predictions, and writers are happy to collect the clicks earned by lofty and alarming statements about the pace and breadth of change. Since both writers and readers love them, the annual slew of CX predictions are

NAB Ventures and Larsen Ventures have invested in Edstart’s Series A funding round.  Founded in 2016, Edstart offers funding packages for school fees through a platform that provides parents with the option to spread their payments over a plan through two core products, Edstart Pay and Edstart Extend.  Listen Now:

venture capital investment

Australian venture capital (VC) investment hit a new high of $1.29 billion in the 2018-2019 financial year, according to the KPMG quarterly global trends report. However this quarter saw a drop in VC investment in Q2 compared to Q1.  Between April and June this year the number of deals dropped

Artificial intelligence (AI) continues to be a lucrative technology space with the majority of startups either managing to secure venture capital (VC) backing or being involved in the thick of merger and acquisition (M&A) deal activity during 2014-2018. As a result, the race to fund or acquire AI-startups reflects the

Salesforce Ventures, the CRM giant’s corporate venture capital arm, has unveiled a US$50 million (A$70 million) fund to back startups in the Australian Salesforce ecosystem. Since 2012, Salesforce Ventures has been investing in Australian startups includings Arxxus, Bugcrowd and Square Peg. Salesforce said with this new fund, called the Australia

The boys’ club is as entrenched as ever. Companies with all-female founders attracted less than three per cent of Australia’s venture funding last year. That compares to over 60 per cent for companies with all-male founders. What gives? On panels, in the media and inside accelerator programs, female founders are