THELMA, the electronic exchange for the health industry, claims it is nearing "critical mass" following the sign up of NIB, the sixth largest health fund in Australia.
Venture Capital (VC) is the elusive pot of gold that evades most new and expanding companies in Australia. Even in Silicon Valley, only about 1 percent of young high-tech companies get it. In Australia, the figure is even lower.
Technology Venture Partners, an Australian venture capital manager specialising in the information technology and telecommunications markets, has announced the completion of its second fund (TVP#2), having raised $45 million in capital.
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