Perth-based Healthengine has dipped further into the red, with its annual report revealing an operational restructure as well as a significant board overhaul over the past year.
Perth-based Healthengine has dipped further into the red, with its annual report revealing an operational restructure as well as a significant board overhaul over the past year.
Perth-based startup fund Purpose Ventures has maintained its local focus, with its first $3 million fully invested in WA companies, the latest being pharmacogenomics company Gene S.
The state government has committed $500,000 in support for West Tech Fest which opened last night, effectively underwriting the startup convention for another two years.
The challenge of taking a startup from an idea to success remains a big one, despite the evidence that the ecosystem has become bigger and funding more accessible.
Former test cricketer Wally Edwards has clinched a $160 million price for his Holman Industries irrigation brand from global plumbing player Reliance Worldwide Corporation.
Perth-based Purpose Ventures has deployed almost 10 per cent of its $46 million fund in its first year of operations, including a recent top-up of its stake in startup PlanCare.
Automated water monitoring system Eco Detection, run by local venture capitalist Jefferson Harcourt, has raised $10 million from a UK investment group.
