Australia’s VC industry
Small relative to the buyout community, and in its nascent stages compared to powerhouses like the US, Australia’s venture capital industry is quietly growing, producing returns that LPs should be taking note of. In advance of the 2011 Melbourne International Venture Capital Conference, to be held on March 8, AVCJ speaks with those in the industry about where Australian VC is and where it is going.
Historically, technology, energy, life sciences, biotech, and to some extent communications have all been prime targets for venture firms. In 2010, 33 venture investments were made totalling just under...
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