New $20 million startup fund launches to fill a “major gap” in the Australian ecosystem

[1] The newest $20 million Australian VC fund will be assisting local early-stage companies access the lucrative China market, bringing in a “major gap” in the current ecosystem.

[2] With Mai Capital’s the Dragon Egg Fund, Australian startups are able to do business in China despite of the complexities.

[3] It earned the government’s approval as an Early-Stage Venture Capital Limited Partnership, thus investors can take advantage of tax breaks.

[Source] Australian Information Technology News – New $20 million startup fund launches to fill a “major gap” in the Australian ecosystem