$200 million bounty awaits startups as Innovation Investment Fund picks 3 venture partners
The Australian government has named Carnegie Venture Capital Pty. Ltd., GBS Venture Partners Pty. Ltd. and Innovation Capital Associates Pty Ltd. as the latest beneficiaries of its Innovation Investment Fund. Carnegie will receive matching grants of up to $40 million while GBS and Innovation Capital will receive $30 million each. With total matching funding of…
