I took the liberty of taking an extra week off last given the slower news and funding cycle - so this week is a wrap up of the last fortnight.
- Airwallex expands to Latin America (Australian FinTech)
- Tennis Australia announced an initial raise of $48m for its first VC fund, AO Ventures (InnovationAus)
- Online sexual health platform Hyphen Health merges with niche digital medico Hey Fella (BNA)
- Rokt completes a $510m secondary share sale and acquires customer data platform mParticle (Capital Brief)
- Gilmour Space readies its rocket for a maiden orbital test flight (The Australian)
- IFM Investors acquires 49% stake in Splend (AFR)
- Telstra and Accenture agree $700m global AI joint venture (Capital Brief)
- Arbor Capital has raised $20m for a new evergreen technology-focused fund (AFR | Arbor Capital)
- Schwartz family-backed Armitage Associates buys ERP software firm (AFR)
- Brisbane biotech Vaxxas secures $3.2m from US medical research body BARDA to develop COVID patch (BNA)
- Govt pledges $20m top up for ‘genius’ AgTech grants (InnovationAus)
- Vow has reduced its workforce by 30%, making 25 staff redundant (The Age)
- Global fintech Banking Circle to acquire Australian fintech ASL (Australian FinTech)
- Telix agrees $73m asset acquisition with US biotech ImaginAb (Capital Brief)
- Employment Hero acquires Humi for $112m as it expands to Canada (AFR | Ben Thompson)
- Titanium Ventures restructures due to Telstra LP investment exit (Capital Brief)
- Breakthrough Victoria-backed epilepsy medtech Seer Medical placed in voluntary administration (Startup Daily)
- Edtech HEX teams up with Toyota to give 1000 regional women STEM career training for free (Startup Daily)
- WiseTech Global to acquire ImpexDocs (Capital Brief)
- Birchal cofounder Matt Vitale steps down as CEO, citing burn out (Matt Vitale | Startup Daily)
- Guy Pearson co-founder of Ignition announces transition to Executive Chairman role as Greg Strickland moves into CEO role (Guy Pearson)
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Convergence Medical
, creating the world's first arthroscopic robot, has raised $5m in a Series A round from Avicella Capital (BNA | AFR | SmartCompany)
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ElectraLith
, a Lithium extraction startup, has raised $27.5m in a Series A round from Main Sequence, Breakthrough Victoria, Rio Tinto, Chevron Technology Ventures, IP Group, Monash University (SmartCompany | InnovationAus)
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Coposit
, which fast-tracks ownership by allowing you to own a new-build property for $10k and pay the deposit in interest-free instalments, has raised $14m (BNA | AFR)
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Fair Supply
, a cloud-based ESG risk management and compliance solution, has raised $12m from Airtree Ventures, Five V Capital, QIC (Forbes)
Great to see some sustainability driven startups had successful funding rounds.
Founder & Non-Exec Director
1 个月Great wrap up - thanks Haris