Latest Private Equity & Venture Capital News

The Future Fund's allocation to private equity was reduced during the September quarter as the sovereign wealth fund further adjusted its portfolio to deal with moves toward a "more multipolar world".

A Perth company that has developed technology to produce alternative materials to plastics has raised a $16 million Series A round led by a European investment firm.

Receivership is to be sought over assets of an individual and company alleged to have raised $131 million for private equity investment much of which appears to have been spent on gambling.

A turnaround specialist private equity firm is seeking to raise $800 million for a new fund in a challenging environment.

An undisclosed US investor has contributed to a $NZ15 million Series A capital raising round by a New Zealand cancer therapeutics company.

A New Zealand venture capital firm has closed the country's first venture capital secondary fund above target at $NZ50 million.

Early-stage venture fund manager Uniseed has recruited an innovation and commercialisaton specialist with 20 years' experience as its new chief executive.

A European private capital firm has made a $5.25 billion indicative offer for one of Australia's largest insurance broking businesses.

Federal and Queensland state government funding has been revealed as part of a previously announced $46 million fundraising for the defence-focused development of a hypersonic aircraft engine.

A Brisbane start-up that has developed a fibre-optic communications security system that could provide high security for data centres has raised seed funding of $2.4 million.

The Gates Foundation and international research funding organisation Flu Lab have led a $34 million funding round which will support a clincal trial in the US for an Australian-developed drug.

Sydney deep-tech incubator Cicada Innovation has recruited a NSW state government innovation executive as its new chief executive.

A new early-stage venture capital firm has made its first investment, in a start-up which has developed an artificial intelligence-driven platform to cut wasted expenditure on cloud services.

A local venture firm has joined US venture firms and prominent individual investors in providing $US30 million for a San Francisco-based data collection start-up.

Australian angel investors and a US venture firm have invested in a oversubscribed Series A round for a company that has developed a software platform for managing investment funds.

A New Zealand private equity firm has invested in an expanding Māori-focused healthcare services network.

A growth capital investment firm has led a $7.5 million capital raising for a workforce management software company.