‘Smart Money’: VC firm Our Innovation Fund backs two tech startups to the tune of $5m

By James Harkness · 18 July 2017 · Featured

‘Smart Money’: VC firm Our Innovation Fund backs two tech startups to the tune of $5m

Sydney Startups Score Big with $5m Funding

Two local tech firms have just secured a combined $5 million in Series A capital, but what does this mean for their future? Find out who's behind the investment and what it could mean for the industry.

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Summary

Sydney-based startups EFTsure and Assignar have secured a combined $5 million in Series A capital, this month, from Our Innovation Fund (OIF), a new VC firm building a $50m portfolio of early-stage tech businesses. Founded in late 2016 by investors Geoff Levy, David Shein and Jerry Stesel, OIF is – Levy told Dynamic Business – a […]