venture capital

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. Sign up for Which-50’s Irregular Insights newsletter In

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

Westpac branch

In 2030 Australian people will own less and share more, and renewable energy will be a booming industry, according to Westpac. The bank has launched a new division to fund the emerging businesses it expects will drive the future economy. Register now for Which-50’s webinar on the disruptive impact of chatbots!

chart business investment growth asia pacific

Last year venture capital investments in Australia hit a record high, skyrocketing 36 per cent to US$899.05 million. Globally VC investments set a new record, jumping from US$175 billion in 2017 to US$255 billion. Sign up for Which-50’s Irregular Insights newsletter The figures come from the quarterly report, Venture Pulse Q4 2018