Peter Thiel, co-founder of PayPal and the first external investor in Facebook, has invested in his first Australian startup. He led a A$1.2M (US$$1.25M) seed funding round in ScriptRock, an enterprise software provider.
The move by Thiel, which was announced last week, was made through Valar Ventures, an early-stage VC firm founded by him with other partners. Read more

Now here’s something that’s out of this world.
A group of guys affiliated to The Seasteading Institute are starting a tech startup incubator called Blueseed, 12 miles off the coast of the San Francisco Bay Area, which is not too far away from Silicon Valley. Read more
Quid, a San Francisco-based data collection and visualization firm, has received a Series C funding of US$10 million from an international slate of investors, some well-known (see press release). Read more
Filed under Funding, Innovation & Technology, News, Technology, Venture Capital & Private Equity, WebTags: Atomico, Charles Lho, endeavour vision, founder's fund, IDA, IIPL, Infocomm Investments, Microsoft, Niklas Zennstrom, PayPal, peter thiel, quid, ron conway, Skype
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