The Growth Cartel

The Growth Cartel - Weekly 12th August 2024


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Deepak joins Rhys as the weekly update covers various funding announcements in the startup ecosystem. LaunchVic invested $2.4 million into eight early-stage VC funds, Virtuals launched an angel network platform, One Ventures raised their seventh fund, Splend secured $20 million for EV fleet subscription rideshare drivers, Rich Data Code raised $37 million for AI-powered credit assessment technology, and Graceview raised $1.5 million for an AI platform focused on compliance. The conversation also highlights the importance of strategic planning and the need for global support for local startups.

Key Takeaways

  • Several funding announcements were made in the startup ecosystem, indicating continued investment and support for early-stage ventures.
  • Using AI and machine learning in various industries, such as credit assessment and compliance, creates opportunities for innovation and efficiency.
  • Strategic planning tools and platforms are crucial for businesses to set and achieve their long-term goals.
  • There is a need for global support and resources for local startups to thrive and prevent brain drain to major cities.
  • The startup ecosystem is diverse, with funding and opportunities available in various sectors, including medtech, climate, and women-led startups.

For more engaging discussions on the startup ecosystem and to show your support, follow The Growth Cartel. We also encourage you to share your thoughts and experiences in the comments section to foster a sense of community and learning.

⁠⁠https://www.linkedin.com/company/the-growth-cartel/⁠⁠

Episode Links

Follow Deepak on LinkedIn:

https://www.linkedin.com/in/deepaksinghhr/

Follow Rhys on LinkedIn: ⁠⁠⁠https://www.linkedin.com/in/rhyshenderson/

4Phase Consulting: https://www.linkedin.com/company/4phase-consulting/

Follow Vini on LinkedIn: https://www.linkedin.com/in/vinisharathod/

p3 studio - people, partnerships, purpose: https://p3studio.com.au/

Follow Brandon on LinkedIn: ⁠⁠⁠⁠⁠https://www.linkedin.com/in/brandonjkburns/⁠⁠⁠⁠⁠

Teamified: ⁠⁠⁠⁠⁠https://www.teamified.com.au/

Follow Dickie on LinkedIn: https://www.linkedin.com/in/dickiecurrer/⁠

The Hype Man: https://www.linkedin.com/newsletters/7095555528629633024/

Follow Leila on LinkedIn: https://www.linkedin.com/in/leilaneoliveira/

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The Growth CartelBy The Growth Cartel