Chinese-backed developer invests in Australian startup to improve student work experience

Getting that first job can be tough.

Aqualand Capital backed 1Scope, an education startup in Australia to improve the school-to-work pipeline.

The A$1 million (US$760,000) investment will help 1Scope launch in August to help students search, apply and evaluate work opportunities and help organizations manage their work experience programs.

“Today’s students are clever and capable and keen to apply for opportunities and training where it’s useful to them,” said Christina Chun, founder and CEO of 1Scope.

“Finding those opportunities and getting from A to B is the hard part for students and is the problem that 1Scope is trying to solve.”

Aqualand Capital is the venture capital arm of the property developer Aqualand, set up by China’s Shenglong Group in 2014 to invest in the Australian market.

This post originally appeared in ImpactAlpha's daily newsletter. Get The Brief.

Photo credit: Andrew West/ The News-Press

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