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 most extensive listing of Australian startups and young tech companies, with over 1400 in its growing directory. Techboard collects data on all of these companies and runs a monthly metrics-driven ranking of Trending companies that highlights and amplifies the great things Aussie companies are doing. Amongst Techboard’s data products is the Techboard Company Traction Report which is the best monthly summary of news, milestones and funding results for Aussie startups and young tech companies.

Go to Company Profile for: Techboard

Announcement Contact: [email protected]