Accelerator programs are a practical way to encourage the early-stage tech scene, putting fledgling startups through a three-to-six-month program of mentoring, and providing equity funding.
BetterLabs Ventures, RAC's early stage seed fund, has become WA's largest venture capital fund with the announcement last night it had expanded to $23 million.
WA-raised tech startup Humm has raised US$2.6 million (AU$3.7 million) from US-based investors, to further aid in the commercialisation of its wearable Edge headband technology.