Radium Capital

Last month, we covered the key takeaways from the 2024 State of Australian Startup Funding report by Cut Through Venture and Folklore Ventures. This month, we’re sharing some of the report’s insights on start-up ecosystems, in particular, venture studios, which we’re examining in our March blog series, and accelerators. Here are the reports 5 key takeaways: 1️⃣ Accelerators shifted away from founder education to focus on mentorship and founder-centric communities. 2️⃣ Venture studios and accelerators are serving matchmakers for founders and investors. 3️⃣ Accelerators are becoming more specialised and moving away from being sector agnostic. 4️⃣ Venture studios and accelerators are creating clearer pathways for investors to invest in scalable businesses. 5️⃣ Venture studios have tuned up their business model and are growing in popularity. For more insights 💡 read the report here: https://lnkd.in/gchD-rkM And see 👀 the Radium Capital March blog on Venture Studios: https://lnkd.in/gkza9zMz

Are you an ambitious early or Seed stage founder? Look no further than Innovation Bay's Canopy Program. Canopy helps founders navigate the Valley of Death (Seed to Series A). And it provides a collaborative, confidential environment where members can share closed-door, peer-to-peer conversations. 💡 If you're looking to surround yourself with other top early-stage founders in Australia and get answers to your questions sooner, find out more about Canopy here: https://lnkd.in/gGMSQaEC

The independent expert panel tasked by the Federal Government to complete a Strategic Examination of Research and Development, released its planned discussion paper for consultation last month. 💡 Have you had your say yet? The discussion paper argues Australia is virtually giving away its world-leading research. It notes the sharp decline in R&D investment (down by a third over the past 15 years) and Australian R&D investment as a percentage of GDP languishing below the OECD - OCDE average of 2.7%. Other key findings: ❇️ Australia is good at research but lags behind other OECD countries in development and translation. ❇️ Australia ranks the lowest in the OECD for university-business collaboration. ❇️ Stronger manufacturing is critical to improve Australia’s R&D performance and economic complexity. ➡️ Head here to see the Discussion Paper: https://lnkd.in/grbsCdmJ And make your voice heard before the consultation period closes on 11 April 2025.

Venture studios experienced a surge in popularity 📈 in Australia's innovation ecosystem last year - shaking off the negative image they previously had. Some experts say this turnaround could be a watershed moment for the future of venture studios in Australia. 💡 So in our March blog, we've decided to explore what venture studios are; and how they compare to other ecosystem support services and entities. ➡️ Read more here: https://lnkd.in/gtHSqN8K #VentureStudios #StartupsAus #ResearchandDevelopment

We're thrilled to be partnering with Life Sciences WA for the upcoming BioInnovation Festival! Come and say hi to the Radium Capital team at the BioInnovation Festival Conference on Thursday March 27 👋 🎟️ Get your tickets for the Conference an other Festival events here ➡️ https://lnkd.in/djhWqEeU

Calling all fintech and financial services innovators! Applications for FinTech Australia's The Finnies 2025 close on 25 March. ⏱️ Don't miss your chance to shine and be celebrated by your peers, clients and key stakeholders. It's your opportunity to win arguably the most recognised awards celebrating Australian fintech. ➡️ With 21 awards up for grabs including seven new categories, head here to find out more: https://lnkd.in/gBgE9Kx And check out the official after-movie from last year's awards 👇

📣 Funding Announcement 📣 We are pleased to share that AdAlta Ltd (ASX:1AD) has secured a $424,600 advance against their FY25 R&D Tax Incentive rebate with Radium Capital 🗣️ “Gaining early access to a portion of our FY25 R&D Tax Incentive rebate via this loan facility with Radium Capital is a sensible cash flow management initiative. These additional funds will immediately be put to good use, providing finance to accelerate due diligence and definitive agreements for the three products now under exclusive negotiation rights under our “East-to-West” growth strategy”  - AdAlta Ltd CEO and Managing Director Tim Oldham Read the ASX announcement ➡️ https://lnkd.in/geZ-S9zp

The Financial Counselling Industry Fund has grants to fund innovators with projects to test or scale new ways of working that improve the timeliness or efficiency of financial counselling service delivery. 💡 If this is in your wheelhouse, why not throw your hat in the ring? There are two funding streams: 1️⃣ Seed Innovation Grants for testing new ideas: up to $75,000 in funding for projects up to 12 months. 2️⃣ Scaling-Up Innovation Grants for scaling proven ideas: up to $225,000 for projects up to 24 months. Webinars to find out more, and with information on how to apply, are taking place tomorrow (11 March) and on 13 March. ➡️ Find out more here: https://lnkd.in/giHptSCy

We’re thrilled to be partnering with AusBiotech on this year’s Women in Life Sciences Leadership Summit and Luncheon. Today provides a powerful platform for networking, collaboration and action with over 600 leaders, changemakers and allies coming together 🙌 #WILS2025 #AusBiotech #WomenInLifeSciences

As people around the world prepare to mark International Women's Day this week, we're taking a moment to reflect on the phenomenal achievements of female founders  and the funding landscape for businesses founded and led by women in Australia. Cut Through Venture | Folklore Ventures' recently published State of Australian Startup Funding 2024 offers some insights. ❇️ 42% of Angel and Pre-Seed deals involved all-women and mixed-gender founding teams. ❇️ 29% of Seed rounds also went to all-women and mixed-gender founding teams. ❇️19% of Series A and 16% of Series B+ rounds featured all-women and mixed-gender founding teams. ❇️ The overall capital share going to all-women and mixed-gender founding teams fell from 18% in 2023 to 15% in 2024. While there has been some progress, there's more work required to support female founders in the funding ecosystem.