Morning Startup: Meet WA’s three newest Venture Capital funds!

The WA Government’s New Industries Fund (Department of JTSI) is at it again!

This time they’re addressing the early stage funding gap by providing operational funding to help establish three new local VC funds that will be committed to investing in WA-based startups and scale-ups over the next few years.

Purpose Ventures, FundWA and Quokka Capital were recently announced as the recipients of the Western Australian Venture Support (WAVES) 2022-2025 pilot programs. The three new funds are expected to become operational in the coming months to support more local startups and scale-ups.

This is great news and we thought it would be a good idea to introduce these three new VCs to the Perth Startup community!

In this session, Purpose Ventures, FundWA and Quokka Capital will share details about where they are on their journey, what they’re looking for, how they can help, and answer questions from you—the startups of WA!

Here are some details in the mean time:

• Purpose Ventures is industry agnostic and invests from Pre-Seed to Series B rounds. They are looking for purpose-driven founders who have the ambition to build companies that can have global impact.
• FundWA is a Western Australian venture capital fund that invests in technology-enabled innovative businesses in Western Australia. They invest in companies ready to scale beyond the earliest stage, to take their technology and innovation into new markets.
• Quokka Capital is an active venture partner who invests in ventures that have exceptional founding teams that can be primed for global growth. Their hands-on venture model is a response to the challenges faced by startups that struggle to access active business support during early capital raises.

Agenda:
7:30 am: Welcome, audience shameless plugs, and announcements
7:45 am: Panel session with Purpose Ventures, FundWA and Quokka Capital
8:20 am: Audience Q&A
8:30 am: Begin networking
9:00 am: Finish

Live stream

This event will also be live streamed for the regions courtesy of the New Industries Fund from the Department of Jobs, Tourism, Science and Innovation!

When the time comes, you can watch the live stream here:
https://perthvideo.com.au/morning-startup-perth/