Australian VC funds are more cashed up than ever, but turmoil in the global tech sector and a long-term valuation squeeze means founders could face less attractive deals.
Two months after laying off half its employees, HealthMatch has closed a funding round, which will allow it to rehire some people and pursue US growth.
The tech market has taken a bath globally, but Aussie VC investors have largely kept up the funding in the first half, but they say quieter times are coming.