The WA Government invests a further $15 million in the Western Australia Venture Capital Investment, totalling a foundational investment of $45 million for the State’s emerging innovators and startups.
This significant investment means Western Australian based start-ups and scale ups will have access to $150million in new capital venture funds.
As part of the investment fund, the WA Government is partnering with 7 venture capital firms, who see the great opportunity WA presents.
The firms are:
Artesian
Brandon BioCatalyst
Fund WA
Health Translation Group
Melt Ventures
Purpose Ventures
Skalata
Through a competitive assessment process, 4 WA-based firms and 3 firms from outside of WA have been selected.
The locally-based partners bring a wealth of existing networks and knowledge of the WA economic landscape, while the remaining interstate firms bring a diversity of skillsets and perspectives.
