.Australian startups possess a solid image overseas for being astonishingly capital efficient-- a simple fact that is significantly cherished through global clients as the hangover from the age of gravy train persists." Development whatsoever prices" is no longer the catchcry of Silicon Lowland, which is actually adapting to market situations that Australian start-ups have needed to endure for years, where capital has actually not circulated as freely.
Ad.
Advertisement.
Jayme Kwek, capital funds at Singapore-based Prosus Ventures, said to Resources Concise previously today that the fund is actually definitely observing the Australian market for startup assets opportunities. He highlighted individual and also deeper tech as two regions of interest.But Kwek is actually not the only one in his sentence, particularly in the locations that have captured his interest. Australian deep tech-- a sector that has traditionally located it harder to secure local area funding as a result of the high costs often needed to have to get started-- is actually emerging as a crowd favourite among overseas VCs.