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Venture capital

Yesterday

The great fake meat meltdown is taking plant-based burgers with it

When Alejandro Cancino founded Fenn Foods, he was entering an industry forecast to be worth $3 billion this decade. Then came the age of eating “real food”.

This Month

Jeremey Hunt and Trent Blacket will lead the strategy of the $US50mln fund.

Manny Stul, John Hancock lead investors in celebrity fund

Family offices and other well-known businesspeople are piling into a $144 million vehicle that wants to partner with celebrities to launch consumer start-ups.

Jeffrey Katzenberg, co-founder of WndrCo LLC and DreamWorks Animation.

Former Disney chairman’s VC firm backs Kiwi start-up

WndrCo, the $US2.8 billion venture capital fund founded by former Walt Disney Studios head Jeffrey Katzenberg, now owns 4.7 per cent of Partly.

Clayton Larcombe

PAC Capital’s Clayton Larcombe charged with assaulting wife

The fund manager turned artificial intelligence investor, whose firm, PAC Capital, is in liquidation, has been charged with assaulting his wife.

The co-founders of Future Maintenance Technologies, Owen Plagens, David Philpot,
Saad Khan, Ben McKelvey and Loic Ayoul, with the robot built for Rio Tinto.

Former Downer execs raise millions for robots that repair trains

Institutional investors, including Queensland Investment Corporation, back Brisbane start-up that has sold robots to Rio Tinto, Dubai Metro and Lufthansa.

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Chris Shaw started Advanced Navigation in Perth in 2012, alongside university friend Xavier Orr.

AI robotics firm is new Aussie tech unicorn after blockbuster raise

Airtree and Quadrant led a big capital injection into the Sydney robotics start-up, catapulting its founders up the Young Rich List.

Vinomofo co-founders Andre Eikmeier and Justin Dry.

Blue Sky’s former Vinomofo stake to change hands; secondary brewing

The online wine retailer, previously backed by Blue Sky Venture Capital, has tapped PAC Partners to launch a recapitalisation and secondary share sale.

Bhavik Vashi , Leigh Jasper, Craig Blair and Matt Berriman all see big impacts on the start-up scene from AI.

Atlassian AI job losses just the beginning as start-ups look to cut

Recent job cuts at public tech companies will be mirrored in private start-ups, as AI resets thinking on IPOs and valuations, say leading venture capitalists and founders.

WinDC is set to build small data centres at regional renewable energy and storage sites.

Data centre start-up WinDC launches monster $176m Series A raise

Trident Debt Capital Advisors and Utiliti Group have been appointed as corporate advisers.

Law firms are jumping into AI training with both feet.

Why Airtree is betting on the end of the junior law firm associate

The changes taking place inside big law groups have spawned a new breed of software providers, now locked in an arms race over artificial intelligence.

Former Circle executive Raagulan Pathy founded his stablecoin startup KAST in July 2024.

Australia’s next tech unicorn is a cryptocurrency player

Stablecoin payments platform KAST has raised $113 million in its Series A funding round from two US venture capital firms.

Jason Georgatos says private credit will be appealing to founders of larger private tech companies.

Silicon Valley heavyweight brings private credit to Australian start-ups

Partners for Growth has raised $250 million to write loans for established Australian tech companies that need capital to expand.

TestBox, a company run by Australian Silicon Valley expat Sam Senior, which is now valued above $70 million.

Big name investors back ‘SaaSpocalypse’ busting AI software start-up

TestBox, a Silicon Valley start-up founded by Australian Sam Senior, is worth more than $70 million after attracting high-profile Australian and US investors.

Maxine Minter founded Co Ventures in 2023. It’s about to close its second $15 million fund with investment from US VC Brad Feld and Blackbird co-founders Niki Scevak and Rick Baker.

Eucalyptus millionaires target new start-up investments with $15m fund

A VC fund run by a former tech lawyer and a Eucalyptus co-founder has raised the bulk of a new $15 million fund to back early stage start-ups.

Why not me? Fighters on the AI frontline

Belinda Dennett and Liesl Yearsley both realise the power of AI to reshape the economy and society, and have flung themselves into the race to lead the change.

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Meet the women steering Australia’s high-tech future

From cattle stations to global trading floors, these three venture partners prove non-linear careers are the ultimate fuel.

PJ Cullen with his invention at PlasmaLeap, which enables them to make fertiliser with minimal carbon emissions.

GrainCorp, UniSuper back green fertiliser start-up; $30m raised

The start-up’s $30 million Series A round was led by the Gates Foundation, Investible and Yara Growth Ventures.

Leigh Jasper co-founded Aconex and is now working on a newer venture, Firmable.

Leigh Jasper’s Firmable finds backers to secure valuation near $100m

The venture capital heavyweight sold his last start-up, Aconex, to Oracle for $1.6 billion. Now he is developing software to help sales people assess leads.

February

Me&U chief executive Kim Teo says the company may raise more capital this year to fund new product development.

QR ordering platform Me&u invests for growth as maiden profit looms

Me&u, a mobile ordering start-up used in pubs and cafes, says it has the funds to invest in its first consumer app after showing a path to a maiden profit.

Blackbird Ventures partner Nick Crocker.

Blackbird reveals the eye-popping returns from its big Eucalyptus bet

The Australian telehealth unicorn announced its $1.6 billion sale to New York-listed Hims & Hers last year, minting a string of immediate millionaires.