A new $80 million accelerator fund for emerging tech companies has been announced by digital development company Vivant and venture capital firm MH Carnegie & Co.
Anthony Farah, chief executive at Vivant, told StartupSmart Vivant's incubator arm, Vivant Ventures, will develop and represent four start-ups a year to MH Carnegie & Co as possible funding candidates.
"There is not enough venture capital in Australia. There have historically been a lot more ideas than capital, so we're hoping to curate some of the idea that come and a platform to be funded," he says.
To read the original article: Vivant Ventures and MH Carnegie behind launch of new $80 million start-up fund
