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BOOM: Matt Macfarlane (left) addresses the West Tech conference in a panel session with Zhenya Tsvetnenko, Derek Gerrard, Marcus Tan, and Peter Leedman.

Analysis: Some relief for startup angels

The announcement of a $1.1 billion ‘ideas boom’ innovation package yesterday was well timed for Western Australia’s startup sector, representatives from which had gathered at the Perth Town Hall for the annual West Tech conference and OzAPP Awards.

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Assets under management or net assets ($m)

19th-3rd Wave Capital$47.5m
20th-Merchant Group$200.0m
21st↓Yuuwa Capital$40.0m
22nd-Katana Capital$36.4m
23rd-Patersons Securities$14,000.0m
54 fund managers ranked by assets under management or net assets

2nd↑Lateral Capital Ventures$26.0m
4th↓Yuuwa Capital$2.5m
7th-FLUXNFP
8th-Spacecubed$400k
71 startup or sme organisations, places and programs ranked by $ value of funding provided this year (number)

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