Former JP Morgan banker Ashleigh Greaves has joined boutique Queensland B2B VC Tribe Global Ventures to manage investor relations. Greaves already has a strong track record on that front having spent several years within the Corporate & Investment Bank (CIB) at J.P. Morgan in New York where she managed relationships with hedge funds and quantitative trading managers.... Read more ..read more

Victoria’s Walter & Eliza Hall Institute (WEHI) for medical research as built a $66 million venture capital war chest to back medtech startups over the next decade, turning the institute’s work into commercial biotech companies. The strategic investment fund, 66ten, managed by WEHI Ventures, will back pre-Seed and Seed rounds in the hope of bridging... Read more ..read more

Australia’s first dedicated pre-seed venture fund, Maxine Minter’s Co Ventures, has closed its first fund after hitting its $5 million target. Co Ventures Fund 1 is the result of nearly two years of work by Minter, who started fundraising in September 2022, before announcing the launch of her fund in April 2023. The support from... Read more ..read more

Our main focus at M8 Ventures right now is growing our new angel syndicate on the Aussie Angels platform. Although I’ve been a member of a few angel syndicates for a while now, it’s a whole other thing to manage one, and I’ve learned a lot about how most syndicates work, how and when you... Read more ..read more

Startup investment marketplace Inhouse Ventures has developed a new platform to teach aspiring early-stage investors the art of angel investing. Inhouse Ventures cofounder Elliot Spiegel said AngelClass is also designed reduce the friction out of startup funding, automating the process and matching with investors and venture capitalists to make funding faster. It also includes a... Read more ..read more

Victorian startups will have eight new early-stage venture capital (VC) funds to hit up for cash, seeded with $300,000 each from LaunchVic. All up, $2.4 million in grants will go to the VCs, including some from Sydney, to open shop in Victoria. They are: Australian Medical Angels, Ecotone Partners, Era VC, Flying Fox Ventures, Mandalay... Read more ..read more

Buoyed by the sale of its stake in Employment Hero late last year and with more exits on the horizon, pioneering Sydney VC fund OneVentures says it will return around $100 million more to investors over the next eight months as it looks to raise a new $200 million fund. OneVentures founding partner Dr Michelle... Read more ..read more

At Startmate we’re industry agnostic. We invest in people first. People with deep expertise and unique visions, working to solve some of the thorniest problems frustrating industries worldwide. The role we play is simple. Accelerate their progress – avoid pitfalls, leverage opportunities, prompt customer conversations, advise sales, and marketing – do everything in our power... Read more ..read more

Square Peg is raising for a sixth fund, as well as a new “Opportunities Fund 3”, seeking a combined $840 million, but cofounder Paul Bassat has promised more money will go back into investor pockets than they will invest in the years ahead. Twelve years on, Bassat said in Square Peg’s half-yearly update to June 2024 that “the last two years have been the toughest since our inception”, and “perhaps” the toughest for venture investors in two decades, but the VC has seen its “best years of performance” in the last 24 months. “We have seen our best-performing portfolio companies continue to create ..read more

If the belief that having more women in venture capital will help address the chronic underfunding of female founders, then a new initiative backed by the Queensland Investment Corporation (QIC) will make the Sunshine State the room where it happens.  Getting more women in Queensland’s VC industry is the aim of 77 Venture Fellows, which will mentor 10 women, with the ambition of getting them to an associate level over the three-month initiative. Inspired by the UC Berkeley Haas Venture Fellows in Silicon Valley, the initiative is led by Queensland VC 77 Partners and supported by Silicon V ..read more