Record investment in local start-ups raises insurance concerns

A New KPMG report has revealed that venture capital (VC) investment in Australian start-ups has reached a record-breaking $1.25 billion a trend broker Gallagher said highlights the need for appropriate insurance to be in place. According to the professional services giant’s Venture Pulse Q4 2018 on venture-capital trends, Australian companies forged up to 41 multimillion funding deals over the three months of the third quarter last year. The report also predicted substantial activity in VC funding, particularly in late-stage deals, in such sectors as autotech, healthtech, and fintech.