Friday, July 1, 2022

Investible closes its second fund with signals of growing investor appetite

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Investible announced that it has successfully closed its second early stage investment Fund oversubscribed, resulting into an appreciated $51.6 million in committed capital.

Grid Edge secures £2m funding to reduce the carbon impact of buildings

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Cleantech start-up Grid Edge has successfully closed a new £2 million funding round with participation from bp ventures, Goldacre (part of the Noé Group) and Aston University.

Marketplacer raises $38m to fund expansion and product development

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Marketplacer has raised more than $85m to date with investors in this latest funding round. Marketplacer’s investors include Acorn Capital, Ellerston Capital, Endeavor Asset Management, Lennox Capital Partners, Mirrabooka, OC Funds, Salesforce Ventures and SG Hiscock. New investors include Fifth Estate, Washington H Soul Patterson and Wunala Capital.

Carma reveals largest ever seed raise with over $20m from Tiger Global

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Australian online used car dealership, Carma, has revealed it raised the largest seed round in the nation’s history, having received US$20m (approx. A$28m) in funding from Tiger Global.

GovConnex raises $1 million to organise Australia’s government data

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The demand for a solution like GovConnex has continued to grow as access to government information and ability to easily manage risk becomes a must have for unions, industry associations, nonprofits, government relations teams and public affairs teams.

CBA’s digital Stream Working Capital cash flow to deliver fast funding

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Rolling out nationwide, Stream Working Capital is CBA’s new digital lending solution which gives businesses access to funds using their outstanding invoices as loan security.

Clearco enters Australia with $100 million investment commitment

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Clearco is a globally recognised e-commerce investor and that is revolutionising the way founders grow their businesses, announced its formal launch into Australia, with a commitment to invest AU$100 million into digital pioneering Australian businesses.

Equity crowdfunding week launched to link investors and entrepreneurs

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The crowdfunding community of investors and entrepreneurs came together for a global online conference, 2021 Equity Crowdfunding Week, with major global equity companies featuring.

uSpark announces a $2 million acceleration program for start-ups

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Corporate accelerator, uSpark launched the second cohort of its Destination Start-Up Partner Program and offers start-ups up to $2m technical services in return for an equity stake.

LaunchVic’s $1.5m investment is a lightning rod for EnergyTech

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Victorian clean EnergyTech entrepreneurs will be supported by close to $1.5m in funding from both LaunchVic and private sector energy leaders as part of Startupbootcamp’s latest program.