Latest Private Equity & Venture Capital News

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A Victorian start-up that has developed a wearable AI-enabled device for pregnancy monitoring has been allocated federal government funding of $2.6 million.

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Individual investors have provided a Melbourne drug development company with more than $15 million to carry out its first clinical trial of a treatment for ovarian cancer.

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An angel investor syndicate has provided $2.6 million in seed funding to a technology start-up that uses artificial intelligence (AI) to enable online testing for the eye disease glaucoma.

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The first scale-up grants under the federal Labor government's Industry Growth Program include companies in the areas of fermentation technology and advanced battery manufacturing.

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A spacetech company has been awarded a $3.7 million federal government grant to link with Indian space projects.

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A Melbourne family office is backing the formation of a venture capital partner network to support Australian sportstech start-ups.

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Members of a family that has twice successfully partnered with private equity are to acquire a food products business out of administration.

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A prominent agriculture figure has invested a further $6 million in digital agriculture technology platforms that link land management with verification and sale of carbon credits.

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The customer list of a failed direct delivery groceries business is to be used to market direct to customer meat subscriptions.

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An online platform that enables mining workers to share information about the equipment they use has received most of its $3 million in seed-funding from mining industry executives.

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The NSW government has allocated $40 million to a new Biosciences Fund that will provide backing for entrepreneurs and early-stage ventures in priority sectors.

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Individual investors provide Series A funding for serviced offices business.

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An Australian syndicate of individual investors has backed an Indonesian start-up that provides workers with early access to their pay.

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A business investment fund backed by the federal government and major banks has invested in an e-commerce last-mile delivery logistics company.

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Two federal government-backed funds have invested $15 million in an Australian-owned e-waste recycling business.

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Applications for grant funding from West Australian government financed health and medical innovation seed fund will soon close.

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A federal government-sponsored growth fund has invested in software that guides the development of complex corporate technology systems.

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A family office has invested in a 'death-tech' start-up at double the valuation at which the company raised seed funding just seven months ago.

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Individual investors back strategy management software for small businesses.

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Small to medium business investment fund the Australian Business Growth Fund has made a $10 million investment in a dental practices aggregator.

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