Startup funding trends and comparison USA vs AUS | Startup&Angels Online Event
Channel: Team Australiance
Date: 2021-03-02

https://www.startupandangels.com
Online event from February 25th, 2021, with guest speakers Matthew Browne (Black Nova Group - Sydney) and Andy Leroux (Nasdaq Entrepreneurial Center - San Francisco) and moderated by Startup&Angels co-founder, Leo Denes.

Andy helps us understanding better how to raise funds in the US; a very heavy and long process that he describes for us. He also warns that since 2018, it's getting harder for early-stage startups to raise as investors are looking at scale-ups mainly... On the Australian side, Matt talks about a good seed and pre-seed focus which is more encouraging for early-stage founders!

Our panel also discussed the remote disruption in fundraising, with US VCs accepting and opening more and more to foreign companies through digital meetings and process flows. Matt also mentioned a recent “propensity of US investors to invest in Australia" which is great news for the ecosystem. The pandemic has seen a “sophistication of the Australian ecosystem” with a better maturity of programs, accelerators and investors, diversifying to early-stage startups.

Best quotes:

“Think about investors as partners as opposed as bankers” - Andy

“Get working on the engine room as early as possible to have strong data to show investors” - Matt

“Know yourself, where you want to go, who is with you and who you need” - Andy

Contacts:

Andy Le Roux: https://www.linkedin.com/in/andresleroux/

Matthew Browne: https://www.linkedin.com/in/brownematthew/

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