Exclusive
VC investment falls off a cliff - for a second time
Yolanda RedrupRich List co-editor
Venture capital investment has stabilised at less than $230 million per month in local start-ups, after falling off a second cliff in July and August, driven by a dearth of late-stage deals.
New data show the amount of capital flowing to Australian start-ups is now consistently down about 50 per cent compared to the same month last year, as investors tighten the purse strings and founders look to extend their runways to conserve cash.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Technology
Fetching latest articles