Venture capital: Tidal joins flood of VCs tapping investors, raising $80m
Tidal Ventures is set to become the ninth local VC fund to go to market to raise fresh funds in 2022.
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Tidal Ventures is set to become the ninth local VC fund to go to market to raise fresh funds in 2022.
Founders of some of Australia’s tech ‘unicorns’ and rising star start-ups are casting a wary eye at a rapidly tightening US market, and developing plans to stay ahead.
After he pledged a $1b investment fund during the campaign, the tech sector is urging Anthony Albanese to make tech jobs and GDP growth a key policy priority.
High-profile Aussie investor Mark Carnegie has described last week’s collapse of the terraUSD stablecoin and subsequent carnage in cryptocurrencies as a “Lehman Brothers moment” for the sector that will create opportunities for shrewd investors and savvy web3 operators to thrive.
Venture capital firms are bracing for auditing season and closely watching the “tech wreck” in public markets to see whether they should write down their start-up investments.