News Articles for Purpose Ventures

GESB represents more than 60 per cent of the WA funds management sector, but diversity is emerging.

Timezone founder targets major mobile games opportunity.

Malcolm Steinberg's philanthropic Malka Foundation extends the boundaries of enterprising education.

Venture Capital investment in Western Australia has significantly slowed, falling from $140 million in 2023 to $80 million in 2024, according to a new report.

The state government will invest a further $15 million in venture capital firms to stimulate cashflow into WA-based startup businesses.

A Perth-founded startup that provides an online platform for those wishing to rent community space has received $2 million from Purpose Ventures as it targets expansion to the UK.

Perth fund Purpose Ventures led a $3 million raising for Victorian robotics company Andromeda.

Perth-based Purpose Ventures has deployed almost 10 per cent of its $46 million fund in its first year of operations, including a recent top-up of its stake in startup PlanCare.

A new hub in the north-west is another step in building an innovation ecosystem in the region.

Perth-based startup fund Purpose Ventures has maintained its local focus, with its first $3 million fully invested in WA companies, the latest being pharmacogenomics company Gene S.

One of two new investment syndicates, VentureX Capital has a specific objective.

Newly launched investment fund Purpose Ventures has boosted its war chest to $45 million and made its third commitment, to a local education startup.

Two new specialist investor networks were launched in Western Australia this week, adding extra capital raising avenues for local startups.

Health tech has taken a front seat in recent months thanks to the combined funding from government and private sectors.

Three new local funds proposing to focus on early-stage investment are raising expectations.

Purpose Ventures, a new fund to invest in Western Australian startups, has raised at least $37 million, including a $10 million foundation investment from a major local entrepreneur.

Some of Perth's most experienced venture capitalists are seeking to raise more than $100 million for startup investment.