Superannuation giant Hostplus has poured a fresh $100m investment into the Australian operations of IP Group, which backs start-ups that spin out of universities.
The founders of an Australian ‘unicorn’ and a recently sold tech firm are among investors in a new fund at OIF that will back well-established start-ups.
New data from KPMG and Techboard suggest Australian start-ups fared better than their global counterparts in 2022, but no one is expecting a market bounce back in 2023.