Skalata reposted this
I am delighted to announce that Victoria's startup agency, LaunchVic, has invested in Skalata's management company. Paul, Darrell, Martin and I founded Skalata with the support of LaunchVic in 2018, and this new investment reaffirms our joint commitment to cultivating a strong Victorian startup ecosystem. Victorian companies now make up about half of our 70-strong portfolio, and we're excited to invest at least $20 million into 30 new Victorian startups over the next five years. (as I write this, we've just signed another term sheet for a VIC startup - investment note coming soon 👀) A special thank you to Kate Cornick, Leigh Jasper and the entire LaunchVic team for your continued support of our mission at Skalata, and the VIC startup ecosystem as a whole. Over the years we have seen our portfolio companies benefit immensely from initiatives like the Alice Anderson Fund and 30X30. Aptly, today we also said bon voyage to Claire Bristow from our investment team who heads off to Silicon Valley for 3 months, thanks to LaunchVic's International Education program. 🎓 It's shaping up to be a transformative year for Skalata and I can't wait for this next chapter. Now back to work...
Congratulations Rohan W., Maxine Lee and the Skalata team, this is great news.
Building the knowledge economy, one idea at a time. Great stuff Rohan W. and Maxine Lee!
Love this! Congrats Rohan W., Maxine Lee and team Skalata.
Great stuff Rohan!
This is awesome news Rohan! Congratulations!!
Great to hear Rohan, Congrats!
Congratulations Rohan W., Maxine Lee and the entire Skalata team!
Wonderful, Rohan! Well done to you and your team! Great outcome for Skalata
Editor, Startup Daily at Pinstripe Media
4moYeah, I should have acknowledged the cofounders in the story rather than just mentioning the old bloke. 😉 will fix that now - and congrats. Exciting that the support for Vic startups will double