Techboard: More invested in Australian Startups than wagered on the Melbourne Cup?

Company Name: Techboard

Announcement Date: 07/11/2017
Announcement Category: Other
Announcement Content:

In 2016 Aussie punters wagered $657m over the four day Melbourne Cup Festival.

In previous years many have observed that Australia wagers more on the Melbourne Cup than is invested in Startups.

Techboard's research reveals that this year to date over $800 million of funding flowed into Australian and young tech companies in Australia. If debt facilities are added in this amount jumps to over $1.4 billion.

For more information refer to Techboard's quarterly funding reports.

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About Techboard:

Techboard is Australia's largest directory of startup and tech companies and the best source of funding data on Australian startup and tech companies.

Techboard is the number one source for up-to-date data on Australian startups and young tech companies. We currently have profiles on over 2,700 startups in the Techboard Directory. We are actively tracking funding events for these companies. Using this information, we produce Australia’s most comprehensive funding reports and make our funding data available to commercial subscribers.

On the back of our ever growing data resource, we have an unsurpassed ability to produce specialised reports for internal or external use, and provide access to our ever expanding database. Our data enables us to report on sectoral or geographical trends as well as being able to monitor the progress of individual or groups of companies.

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Announcement Contact: [email protected]