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VC firms lured to Qld by government funding

Tess Bennett

Venture capital firm Jekara, founded by early investors in Tritium who sold out of the Brisbane-based company near the peak of its valuation, is doubling down on Queensland tech start-ups, betting they will find the next global energy disruptor in the Sunshine State.

Meanwhile, Sydney-based Tidal Ventures will relocate its senior investment associate and Atlassian alumnus Fee Lal to Brisbane to search for the state’s smartest artificial intelligence and software entrepreneurs.

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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com

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    Original URL: https://www.afr.com/technology/vc-firms-lured-to-qld-by-government-funding-20240602-p5jimz