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Venture capital

Yesterday

Australian-born Silicon Valley-based investor Peter Barrett was on the board of Univeral Hydrogen.

Fortescue, Playground-backed hydrogen flight start-up collapses

Universal Hydrogen had attracted almost $150 million in funding, including from Aussie Peter Barrett’s Playground Global, but it wasn’t enough for it to take flight.

  • Yolanda Redrup
Redactive co-founders Lucas Sargent, Andrew Pankevicius, and Alexander Valente have international ambitions after raising capital.

Ex-Atlassian insiders pull in millions for AI development start-up

Redactive has raised $11.5 million from local and US-based investors after convincing financial services clients to use it to help software engineers develop AI tools.

  • Paul Smith

This Month

Sendle chief executive James Chin Moody said he was excited about the capital raise.

The untold story of struggling start-up survival rounds

Delivery company Sendle raised almost $90 million in good times, but venture capitalists have likened the terms on its latest raise to payday lending.

  • Nick Bonyhady
Mina Radhakrishnan is in the early stages of building a new start-up after :Different collapsed.

What this start-up founder learned from the public death of her company

Mina Radhakrishnan, the only founder of a collapsed start-up brave enough to speak at the Financial Review Entrepreneur Summit, hopes the industry values battle scars as she tries again.

  • Tess Bennett
Joshua Suntup, the founder of NDIS software start-up Caresquare, and investor Michael Frazis.

Frazis unveils venture capital fund, makes first investments

The Gen Y tech investor has nabbed stakes in a dozen start-ups in tech, health and e-commerce, thanks to $10 million raised from wealthy investors.

  • Tom Richardson
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Andrew Whelan of Dash Technology Group.

Financial adviser tech firm $20m richer after funding dash

Dash Technology, a Sydney fintech that sells software to financial advisers, has secured $22 million funding, with $20 million coming from ASX-listed VC firm Bailador.

  • Paul Smith
Me&u chief executive Kim Teo says the greatest challenges since merging had been integrating technology and staff.

How Kim Teo pulled off a mega-merger with her start-up’s biggest rival

The co-founder of restaurant ordering app Mr Yum is now the boss of its former competitor me&u, after the heavily backed Aussie start-ups merged to survive.

  • Aaron Weinman

June

Gemma Lloyd, founder of Work180,

The ‘grindset’ is back in vogue for start-ups – with a health twist

Start-up bosses no longer just enthuse about working innumerable hours – now they recommend an ice bath after the innumerable hours.

  • Nick Bonyhady
Australian-born Silicon Valley-based investor Peter Barrett is back in the country meeting investors and deep tech companies ahead of closing Playground Global’s third fund.

PsiQuantum backer Playground Global back in town looking for cash

The Palo Alto-headquartered, Australian co-founded, investor has already secured government backing for its quantum bet. Now it is fundraising for a new fund.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Flying Fox Ventures co-founder Kylie Frazer hit us between the eyes at the Entrepreneur Summit on Tuesday.

Start-up founders take us back to basics. It’s refreshing

It’s refreshing to hear from founders and their investors who aren’t tied up in corporate spin. Their stories are about survival.

  • Anthony Macdonald
Ben Thompson of Employment Hero says 1 per cent of super should be exempt from the performance test so that it can back riskier start-ups.

No easy super money for next-gen risk-takers

A start-up golden age is coming because without plentiful money to hide the risks, entrepreneurs will be forced to focus on what really works for customers and investors.

  • The AFR View
Hirsch & Faigen’s off-the-plan project at Mermaid Beach, Queensland, is one of the developments on the Coposit platform.

Property payment fintech Coposit taps Ad Astra for a $10m fundraise

The platform allows buyers to pick up an off-the-plan property for $10,000, saving for the remainder of the deposit during the construction in instalments.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Lucy Liu, the co-founder of Airwallex, says female entrepreneurs still face biases and stereotypes when raising capital.

‘I fire people just as quickly as my male co-founders’

High-profile female entrepreneurs including Airwallex’s Lucy Liu have hit out at sexist attitudes, and male-led venture capital investors.

  • Tess Bennett
Employment Hero co-founder Ben Thompson put the big idea out there on Tuesday.

1pc of your super for venture capital? Add it to the list

Everyone wants a piece of the $3.9 trillion super system and now we can add venture capital. The problem is, it is not the government’s money to redirect.

  • Anthony Macdonald
Flying Fox Ventures’ Kylie Frazer and Employment Hero chief executive Ben Thompson agreed the market had returned to normal.

Super funds ‘should be forced’ to back start-ups

Employment Hero chief executive Ben Thompson has proposed a novel aid for the flagging start-up sector: reserving 1 per cent of superannuation money for it.

  • Nick Bonyhady
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‘What she’s doing is shaping not just Telstra, but Australia’

Cybersecurity boss Narelle Devine, the winner of the Tech & Telco category, uses lessons from a decade in the Navy to fight off international hacking attacks.

  • Tess Bennett
Matthew Koertge, Sydney-based managing partner of Titanium Ventures.

Telstra looks to cash out of venture capital investments

Telstra Ventures has changed its name to Titanium Ventures, as the telco mulls selling its venture capital investments.

  • Tess Bennett
Andrew Dzurak, CEO & Founder of Diraq

Cashed-up Diraq says it can win the quantum computing race

It hasn’t got as much money as government-backed PsiQuantum, but the UNSW start-up says it makes up for that in qubit size, as it banks a big funding round.

  • John Davidson
Kylie Frazer of early stage VC fund Flying Fox said unionisation of start-ups was unrealistic.

Start-up funding bounces back, as two-speed sector emerges

New data shows early signs that the tech funding winter is thawing, with Aussie tech deals up 30 per cent on this time last year.

  • Tess Bennett

Robotic friend company raises $3 million to build Abi

The Funded blog is the home for news on the tech deals that are done in Australia, as soon as we hear about them.

  • Updated
  • Paul Smith

Original URL: https://www.afr.com/topic/venture-capital-1n1u