venture capital

Investment in Australia’s fintech sector has accelerated in the first half of 2020, reaching US$376.5 million, a more than 150 per cent increase on the corresponding period in 2019 (US$149.05 mil). However, a fall in M&A and PE activity caused total investment in Australian fintech to fall from US$1.3 billion

Venture capital investment in agriculture and food technology fell significantly last year, according to investment data analysis by a global VC firm released this week. But Australia bucked the trend, recording a US$90 million increase in funding in 2019. Globally, investment in foodtech and agtech startups reached US$19.8 billion across

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

Our recent research shows that venture capital (VC) investment in computer vision technology firms has increased four-fold from 2016-2018 exceeding a total of $8 billion USD. We analysed over 1400 deals during this three year period. Our analysis also indicates that Chinese investors investing in Chinese companies are dominating the

venture capital investment

Australian robotics and AI sensor company, Advanced Navigation, has raised $20 million in a Series A round aiding the company’s global expansion and R&D for new robotics, navigation and sensor technologies.  The funding was led by Main Sequence Ventures’ CSIRO Innovation Fund, alongside US venture firms Brick and Mortar Ventures

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

Fivecast, an open-source data analytics company, has secured a $4 million investment round from Main Sequence Ventures’ CSIRO Innovation Fund and the South Australian Venture Capital Fund (SAVCF). This round will drive international expansion and product growth for the company’s key product line, Fivecast Insight.  Fivecast Insight uses machine learning

Accounting and tax-prep firm H&R Block is buying Wave Financial, an accounting, invoicing and receipt-tracking software company, for US$405 million (AU$583 million). The deal is the first exit for the corporate venture capital arm of NAB which was launched three years ago. In 2017, NAB Ventures led Wave’s AU$32 million

investing saving financial piggy bank money

Fintech startup Earnd has raised $2.5 million from a number of investors including NAB Ventures and Zip Co executives and Pocketbook founders Alvin Singh and Bosco Tan. Earnd enables employees access to their pay packet as they earn it to minimise the need for payday lenders. Other investors include, John

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