.Australian start-ups have a sturdy image overseas for being actually astonishingly capital effective-- a truth that is increasingly valued by worldwide clients as the hangover from the period of easy money lingers." Growth at all prices" is no longer the catchcry of Silicon Lowland, which is conforming to market conditions that Australian start-ups have actually needed to make it through for a long times, where financing has actually not streamed as with ease.
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Jayme Kwek, money at Singapore-based Prosus Ventures, told Resources Quick earlier recently that the fund is actively checking the Australian market for startup financial investment options. He highlighted buyer and deeper specialist as pair of regions of interest.But Kwek is actually not the only one in his sentence, especially in the locations that have captured his interest. Australian deep technology-- a market that has commonly discovered it more difficult to secure local backing as a result of the high prices usually required to start-- is emerging as a group favourite among overseas VCs.