CEO, Southern Angels
Stories naming Josh Garratt. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Adelaide-based Eastend Ventures closed its debut fund at US$19.4 million, backed by cornerstone investor Funds SA and over 50 investors; it has deployed over US$5.18 million into seven startups.
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South Australia's government investment corporation has put $5 million into Eastend Ventures' debut fund, lifting commitments beyond $25 million as the vehicle nears a final close.
Adelaide brothers Edward and George Hartley, who earlier sold SmartrMail to Relay Commerce, have raised US$500,000 in seed money for Nitrosend, their AI email marketing platform, with Eastend Ventures Fund 1 leading.
Eastend Ventures led a half-million-dollar US seed round in Nitrosend with Archangel Ventures and Aussie Angels. Founders Edward and George Hartley earlier built SmartrMail, bought by Relay Commerce in 2022.
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Eastend Ventures, a VC based in Adelaide, has locked in $10 million for its $50 million debut fund — South Australia's first ESVCLP — and has already backed three startups with it.
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Techboard announces the 2022 Australian Angel Awards winners, honouring Tim Hirst as Angel of the Year and Brisbane Angels for its Clipchamp exit, while recalling past raises and exits including Clarity Pharmaceuticals and Instaclustr.
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