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.


Announcement URL: https://techboard.com.au/funding-reports/
About Techboard:

Techboard is a community engagement, discovery and insights platform for the Australian startup and young technology company scene:

– for Companies to get noticed, connect with a broader audience and grow their crowd (and soon to promote their capital raises)

– for Potential Investors, corporate partners, staff or fans to discover and explore companies and what they are doing (Investors can register to get access to investment opportunities).

- for Companies to find verified Problem Solvers who can help them to build and grow their business and for Service providers to promote themselves and special offers to the Techboard community.

Techboard is the number one source for up-to-date data on Australian startups and young tech companies. We currently have profiles on over 2,300 startups in the Techboard Directory. We are actively tracking over 2000 providing more than 25,000 individual data points. The metrics we collect provide strong indicators of activity and growth. Using this information, we produce a variety of data products on the startup ecosystem including the Techboard Ranking, The Month in Aussie Startup and Tech, and Australia’s most comprehensive funding reports. 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.

Go to Company Profile for: Techboard

Announcement Contact: [email protected]