Western Australian startups and ‘young' tech companies raised $295 million last financial year, which was 8.3 per cent of the amount raised nationally, a new report has found.
Local startups and young technology companies registered a big decline in funds raised in the March quarter compared to December, according to the latest report from tech sector analysts Techboard.
Tech innovators, investors and entrepreneurs descended on Perth during the past fortnight for a series of startup events that sparked wide-ranging discussions about how to strengthen the local ecosystem and compete on the world stage.
Regenerative medicine group Orthocell has topped Techboard's first startup and tech company ranking for the year, following news it had been granted a US patent for its ‘cell factory' product.
