Page 51 - Square Peg News Today

Chinese VC investment no big loss to Aussie startups, says Daniel Petre Daniel Petre and Craig Blair, founders of AirTree Ventures. Source: Supplied. Treasurer Josh Frydenberg’s blocking of Chinese investment into Australia could slow investment from the country into the Australian startup scene, but prominent venture capitalist Daniel Petre says it wouldn’t necessarily be a big loss to the ecosystem. The comments from Airtree Ventures co-founder and principal come after the Treasurer reje...

Vow Food, an Australian start-up developing cell-cultured meat, has secured US$6m in a seed funding round. It was led by Square Peg Capital, a venture-capital fund focused on Australia, Israel and south-east Asia, along with existing investor Blackbird Ventures, another fund servicing Australia and New Zealand.  Founded by entrepreneurs Tim Noakesmith and George Peppou, Sydney-based Vow Food also received AUD25,000 (then US$16,891) in 2019 in the form of a grant from the New South Wales gover...

Cell-based meat startup Vow raises $7.7 million from big-name investors Neil Perry [left] with Vow co-founders Tim Noakesmith and George Peppou. Source: supplied. Sydney-based startup Vow has secured US$6 million ($7.7 million) in new funding as it continues to grow its suite of cell-based, cultured meat products at a time when interest in the alternative meat sector is blooming.  The oversubscribed seed funding round was led by Square Peg Capital and included participation from existing inves...

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A Tribute to Those We Lost in 2020 January 1, 2021 by: As 2020 comes to a close, we here at JoBlo.com would like to take a moment to honour some of the people who sadly passed away this year. Our deepest respect goes out to everyone in the industry we have lost, and our thoughts and prayers are with the friends and family of those who died in 2020. These talented individuals will always be remembered for their impact on the world of film and television. In Memory Of... Buck Henry Buck Henry pa...

Empireland by Sathnam Sanghera / Viking Several authors tackle colonialism in very different ways, from Alex Renton confronting his own family’s involvement in slavery in Blood Legacy: Reckoning with a Family’s Enslaving Past (Canongate), and Sathnam Sanghera in Kehinde Andrews, who rather more controversially takes on capitalism and racism together in The New Age of Empire: How Racism and Colonialism Still Rule the World (Allen Lane). Gender and Identity Politics Likewise gender and ...

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First Nations entrepreneurs presenting at the Barayamal Demo Day 2019. Source: supplied. With more than $1.6 billion committed to Aussie VCs this year, one entrepreneur is calling on Australian funds to commit to investing at least 3% in First Nations founders. Dean Foley, a Kamilaroi man, self-proclaimed ‘Indigipreneur’ and the founder and chief of the Barayamal Indigenous startup accelerator, has been doing a bit of digging, finding that little to no VC capital is ending up in the pocket...

Search $400 Million+ Now Returned to Investors by Square Peg Capital, a VC Firm Investing in Fintech, Cloud Technologies Paul Bassat, co-founder and Partner at Square Peg Capital Pty., an established Australian VC firm, recently talked about the company’s local and international investments amid the COVID-19 pandemic. Bassat revealed that major Australian pension funds believe that the country’s first recession in around 30 years will lead to its next technology-focused Unicorns (or firms ...

Square Peg co-founder and partner Paul Bassat. Source: supplied Paul Bassat’s Square Peg Ventures has closed its $600 million fourth fund, bringing its total committed capital to a whopping $1.4 billion for investment into Aussie, and global, startups. The funding also comes at the end at what has, perhaps surprisingly, been a huge year for the Australian VC space, with new funds available totalling at least $1.6 billion. Headed up by Seek co-founder and Aussie tech royalty Paul Bassat, Squa...