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Too many investors think of the Australian startup scene as a “casino” in which they can place a number of bets and get rich quick, according to Talent International Richard Earl.
Nine of the 10 startups that entered the Telstra muru-D accelerator program have graduated, with eight already securing investors for the next stage.
The University of Queensland has announced a $10 million fund for early-stage startups.
Australian startup Canva has announced an additional $3.6 million in funding and new partnerships with website hosts to integrate its quick graphic design tool.
The Australian startup scene has seen a surge in foreign private equity fund investment in the last six months, according to technology consulting firm, BDO.