.Australian startups possess a sturdy image overseas for being unbelievably resources reliable-- a simple fact that is considerably enjoyed by global financiers as the hangover coming from the era of gravy train lingers." Growth at all prices" is no longer the catchcry of Silicon Lowland, which is adjusting to market circumstances that Australian startups have needed to survive for years, where funds has certainly not moved as readily.
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Jayme Kwek, principal at Singapore-based Prosus Ventures, informed Resources Quick earlier today that the fund is definitely observing the Australian market for start-up investment opportunities. He highlighted buyer and also deeper tech as 2 regions of interest.But Kwek is actually not the only one in his judgment of conviction, particularly in the areas that have recorded his attention. Australian deep tech-- an industry that has traditionally located it more difficult to safeguard local financing due to the high costs usually needed to have to start-- is actually emerging as a group favourite one of offshore VCs.