ACT Govt launches new venture capital fund
The ACT Government launched the ACTivate Capital Fund with $23 million committed, backed by Epicorp, UNSW Canberra and family offices, targeting Canberra early-stage companies.
Company
Canberra, ACT
Every investor coverage indicates participated in a round CEA raised.
Companies CEA acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming CEA. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
The ACT Government launched the ACTivate Capital Fund with $23 million committed, backed by Epicorp, UNSW Canberra and family offices, targeting Canberra early-stage companies.
Weekly roundup: CEA Technologies lands a $272m radar contract, five startups receive federal grants, Victorian factory insolvencies climb, and GFG Alliance's Whyalla Steelworks hunts new financing.
The Commonwealth has agreed to acquire radar maker CEA Technologies, eventually making it a government business enterprise. The piece also recalls Motorola's purchase of Barrett Communications and flags other vulnerable defence firms.