Welcome to Techboard’s Company Traction Report for June 2017. In these reports we highlight traction by Australian startups and young technology companies, broken into the three headings of News coverage, Milestones and Funding events. We collect this data as a major input into the monthly Techboard Ranking. This month we recorded 456 news mentions, 134 milestones and 41 funding events involving Australian startups and tech companies. The companies are listed in the order in which they appeared in the May Techboard Ranking.Â
Blog
ASIC releases consultation papers on regulation of equity crowdfunding (edited)
Coming just one week after the making of the Corporations Amendment (Crowd-sourced Funding) Regulations 2017 on 15 June the Australian Securities and Investments Commission released two consultation papers proposing guidance for public companies and intermediaries (i.e. crowd funding platform operators) to assist them in using the new crowd-sourced funding (CSF) regime commencing on 29 September 2017. The core part of the consultation papers are two draft regulatory guides.
The Techboard Team recently attended an event by the Crowd Funding Institute of Australia (Perth Chapter) Get updated with the new Equity Crowdfunding laws. There was a general consensus amongst the panel that the legislative settings along with new draft Regulatory Guidelines would lead to quite high capital raising costs under the CSF regime and that CSF would not likely be financially viable for capital raises below around $500K.
Insights into Investing in High Growth Ventures
We attended the Perth Angels breakfast event Insights into Investing in High Growth Ventures on 21 June 2017.  At the event the Perth Angels presented a panel of industry experts across the investment spectrum to discuss the quintessential angel investor question, “how do you pick winners in high growth early stage ventures?”  We put out a call for free tickets to this event at the Techboard table and were overwhelmed with the level of interest, particularly from companies on Techboard wanting to know more about the investment ecosystem. Over the coming months Techboard will be bringing insights from a variety of different sorts of investors to its readers. If you have any suggestions as to issues you would like addressed OR if you would like to contribute a guest blog post please contact us.
Techboard Company Traction Report May 2017
Welcome to Techboard’s Company Traction Report for May 2017. In this report we have highlighted traction by Australian startups and young technology companies, broken into the three headings of News coverage, Milestones and Funding events. We collect this data as a major input into the monthly Techboard Ranking. The companies are listed in the order in which they appeared in the May Techboard Ranking.  From next month if you want to have access to this report you must be logged in.  If you sign up you will also receive these reports straight to your inbox.
You must be logged in to post a comment.