#Latest news with #CSIRO-ownedAU Financial Review19-05-2025BusinessAU Financial ReviewHow this VC fund landed $100m from UniSuperOne of Australia's largest industry funds UniSuper has lifted its venture capital allocation to $100 million, ignoring fears Labor's super tax reforms could remove the incentive for retirement savings to be invested in technology start-ups by increasing its stake in CSIRO-owned Uniseed. The super giant made its foray into venture investing in 2022 with $75 million into Uniseed – a fund co-owned by the nation's research agency, CSIRO, and nine major Australian universities – and has now increased this with a further $25 million.
AU Financial Review19-05-2025BusinessAU Financial ReviewHow this VC fund landed $100m from UniSuperOne of Australia's largest industry funds UniSuper has lifted its venture capital allocation to $100 million, ignoring fears Labor's super tax reforms could remove the incentive for retirement savings to be invested in technology start-ups by increasing its stake in CSIRO-owned Uniseed. The super giant made its foray into venture investing in 2022 with $75 million into Uniseed – a fund co-owned by the nation's research agency, CSIRO, and nine major Australian universities – and has now increased this with a further $25 million.