A total of 17 deals with a combined investment of US$121.55 million closed in Australian start-ups in the fourth quarter of 2017, a significant increase on start-up funding in 2016, KPMG claims.
The Hostplus industry superannuation fund has invested $85 million in Australian seed stage Venture Capital firm Artesian to bring the VC platform’s total investment funds under management to $150 million.
Investment by the venture capital arms of big corporations is growing and should reach a little more than a third of all total global venture capital by 2025, a report disseminated by Telstra Ventures claims.
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