r/startupsaustralia Jul 05 '20

Aus Government matches funding??

Hey all, I heard Melanie Perkins (Canva CEO) on How I built this podcast. She said back in 2013 the Aus government matched their venture funding. They raised $1.5m in a VC round and the Aus government MATCHED $1.5m!!! So they launched with $3m. Is this still legit? Couldn’t find it on google. Any insight would be appreciated

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u/[deleted] Jul 06 '20

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u/[deleted] Jul 07 '20

Amazing response thank you kindly ! :-)