Perth-based Electro Ventures has become the major shareholder in e-bike startup Tiller Rides, adding to its portfolio of 12 businesses in the renewable energy and clean transport sectors.
Highly-feted Perth startup Tiller Rides is seeking a new owner to help commercialise its e-bikes after being hit by delays and churning through $5 million from investors.
Spinifex Brewing Co has completed one of the largest crowdfunding campaigns undertaken by a craft brewery in Australia and raised $2 million through Equitise.
BetterLabs Ventures, RAC's early stage seed fund, has become WA's largest venture capital fund with the announcement last night it had expanded to $23 million.
Perth-based tech startup Ecocentric Energy completed a successful round of equity crowdfunding last week, exceeding its stated minimum target to raise $500,000.
A group of 11 academics and entrepreneurs have joined to found the Commercialisation Studies Centre, a member-run, resource centre and events hub designed to aid relationships between academics and entrepreneurs in Western Australia.
Interest in equity crowdfunding is growing locally, after Rhinohide reached its investment goal and fellow Perth-based business Tiller Rides announced more than 300 investors have expressed interest in supporting its capital raising.