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Huge Octopus Deploy investment a ‘wake-up call’ for Aussie VCs – The Australian Financial Review

The Brisbane-based company shot into the big leagues via a mammoth $221 million investment by New York-based Insight Partners, leaving local funds ruing the one…

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Folklore was formerly known as Tempus Partners and is currently raising its third fund, which is likely to substantially swell its $55 million under management.
For a number of years, the total value of VC investments in Australia has been greater than the capital invested into VC funds. We will see cheque sizes grow over time, but these wake-up calls are such a great reminder that the sector is still underfunded and has so much more growth ahead of it, Mr Coleman said.
Octopus founders Paul and…

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