$810 million in three months: The biggest VC deals revealed

Start-ups sealed a deal a day over the second quarter of this year, signalling that the “fog of fear” that had engulfed the start-up world was starting to lift. Key Takeaways Venture capitalists had a “significant mood shift” in the second quarter of this year, according to the latest survey of Australian VCs by Cut […]

Pet Circle keeps billion-dollar valuation after $75 million injection

Pooch supplying unicorn Pet Circle has kept its billion-dollar valuation with a $75-million capital injection from Prysm Capital. Mike Frizell, CEO and Founder of Pet Circle, is speaking live at the Forbes Australia Leadership Forum. Secure your seat here. The company that bills itself as Australia’s largest online pet retailer posted a loss of $31.8 million […]

Forrests back First Nations venture capital fund

Andrew and Nicola Forrest’s Minderoo Foundation and the US State Department are backing a syndicate of indigenous Australian venture capital investors aiming to focus on seeding First Nations startups. The launch of Blak Angels by Minderoo comes hot on the heels of the announcement last week that the Forrests had donated a further $5 billion […]