Runway
Company

Last deal

$250K

Amount

Grant

Stage

04.03.2021

Date

2

all rounds

$1.5M

Total amount

date founded

Financing round

General

About Company
Runway creates a self-sustaining startup ecosystem in Geelong.

Industry

Sector :

Subsector :

founded date

01.01.2016

founders

Number of employees

Last funding type

Grant

IPO status

Private

Description

Runway is a program that supports startups in Geelong by providing mentoring, networks, training, and access to venture capital. It aims to establish the city as a global center for innovation and entrepreneurship. With the expertise of renowned startup and entrepreneurship experts, Runway assists individuals in finding new directions and solutions in the face of global challenges such as pandemics, climatic emergencies, and geopolitical tensions. By leveraging years of experience working with entrepreneurs in Asia and the Pacific, Runway acts as a catalyst for innovation, fostering the growth of new businesses and job opportunities in the region.
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count Of Investments

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Financials

Funding Rounds
2
2

Number of Funding Rounds

$1.5M

Money Raised

Their latest funding was raised on 04.03.2021. Their latest investor LaunchVic. Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
04.03.2021
1
$250K
02.09.2016
1
$1.25M
LaunchVic

LaunchVic

LaunchVic is a Melbourne-based VC founded in 2015 by Jo Burston.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Dandenong Rd, Melbourne VIC, Australia

total rounds

1

total raised

$4.9M

count Of Investments

167
LaunchVic

LaunchVic

LaunchVic is a Melbourne-based VC founded in 2015 by Jo Burston.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Dandenong Rd, Melbourne VIC, Australia

total rounds

1

total raised

$4.9M

count Of Investments

167
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Grant
LaunchVic

LaunchVic

LaunchVic is a Melbourne-based VC founded in 2015 by Jo Burston.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Dandenong Rd, Melbourne VIC, Australia

total rounds

1

total raised

$4.9M

count Of Investments

167

People

Founders
1
Nick Stanley
Nick Stanley

Nick Stanley

Nick Stanley is the Managing Director of Skills Base, Co-Founder of FitMyCar, and Founder and Chair of Runway. He is a former Investor and Board Member at Pundit Connect. He attended RMIT University. Investor, founder, and active entrepreneur with a particular focus on the success of regional startups. Launched first tech business in 2004/2005 and has been actively building technology businesses ever since. Loves "once there was nothing now there is something" and building early-stage businesses to an inflection point. Founded, co-founded, and invested in a number of successful startups and has also invested as an LP via a couple of funds.

current job

Skills Base
Skills Base

count Of Investments

3

Nick Stanley

Employee Profiles
2

Tristan King

Director - trade and innovation programs

Nick Stanley

Nick Stanley

Founder and Chair

Activity

Recent News
0