Beyond VC: Why Growth Debt Is Reshaping Innovation Funding

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18 May 2026

Summary:

In this episode Darren speaks with Jason Georgatos, President at Partners for Growth, about growth debt, a specialised form of private credit and asset backed lending which offers founders funds to accelerate the early stages of their innovation journey.  

They discuss innovation, venture capital, the AI investment surge, the maturing of Australia's innovation ecosystem, and why founders might choose debt over dilution.  

A must-watch or listen for investors seeking to understand how innovation is funded. 

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Meet the speakers

Darren Connolly - CEO
Darren Connolly
CEO, InvestmentMarkets

Darren has substantive executive marketing experience driving strategy, planning, and successful customer outcomes across local and international investment markets. He has operated across wealth, investment, funds management, banking, broking, and payments segments.

Jason Georgatos, Partners for Growth
Jason Georgatos
President, Partners for Growth

Jason Georgatos is President of Partners for Growth, a global pioneer in growth debt financing for technology companies, where he has deployed $2.2 billion across more than 250 investments over two decades.    Based in Sydney, Jason leads PFG's global investment activities and spearheaded the firm's expansion into Asia Pacific, bringing growth credit expertise to one of the world's most dynamic technology markets. He joined PFG at its founding in 2004, playing an integral role in building the platform from inception to its current position managing specialized private credit strategies for innovation-driven companies worldwide.    Jason began his career at Silicon Valley Bank in San Francisco, providing financing to technology and life sciences companies and developing expertise in growth-stage capital formation.    Jason specializes in translating complex private credit structures into commercially grounded strategies for growth-stage founders and boards navigating capital formation beyond traditional venture models. His approach combines deep technical expertise in alternative financing with an execution-oriented, partnership-first philosophy shaped by hands-on involvement across hundreds of transactions.    He is active in the Australian technology ecosystem as a mentor, angel investor, and board member, and serves philanthropic initiatives including at the Hellenic Initiative. Jason is also a member of YPO.


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